SEI Investments (SEIC) Projected to Post Earnings on Wednesday

SEI Investments (NASDAQ:SEIC) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 23rd. Analysts expect SEI Investments to post earnings of $1.16 per share and revenue of $556.76 million for the quarter.

SEI Investments (NASDAQ:SEIC) last released its quarterly earnings data on Wednesday, January 29th. The asset manager reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.21 by ($0.02). SEI Investments had a return on equity of 25.51% and a net margin of 27.35%. On average, analysts expect SEI Investments to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

SEI Investments Stock Down 2.8 %

SEIC opened at $69.67 on Tuesday. SEI Investments has a 12-month low of $62.38 and a 12-month high of $87.25. The business has a 50 day moving average of $75.80 and a 200-day moving average of $78.89. The stock has a market cap of $8.76 billion, a price-to-earnings ratio of 15.76, a PEG ratio of 1.41 and a beta of 0.90.

SEI Investments announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, March 18th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the asset manager to buy up to 5.3% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In other news, Chairman Alfred P. West, Jr. sold 1,372 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $76.28, for a total value of $104,656.16. Following the completion of the sale, the chairman now owns 7,078,708 shares of the company’s stock, valued at approximately $539,963,846.24. This represents a 0.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Mark Andrew Warner sold 5,000 shares of SEI Investments stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $80.39, for a total value of $401,950.00. Following the completion of the transaction, the insider now directly owns 1,300 shares in the company, valued at approximately $104,507. This represents a 79.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 79,214 shares of company stock valued at $6,293,903 in the last 90 days. Corporate insiders own 14.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on SEIC. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $90.00 price objective (up from $86.00) on shares of SEI Investments in a report on Thursday, January 30th. Raymond James upgraded shares of SEI Investments from a “market perform” rating to an “outperform” rating and set a $99.00 target price on the stock in a research report on Thursday, January 30th. StockNews.com downgraded shares of SEI Investments from a “buy” rating to a “hold” rating in a research report on Wednesday, April 16th. Piper Sandler decreased their price target on SEI Investments from $87.00 to $74.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 8th. Finally, Morgan Stanley raised shares of SEI Investments from an “underweight” rating to an “overweight” rating and cut their price objective for the stock from $81.00 to $77.00 in a research report on Monday, April 7th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, SEI Investments has an average rating of “Moderate Buy” and a consensus target price of $86.80.

SEI Investments Company Profile

SEI Investments Company is a publicly owned asset management holding company. Through its subsidiaries, the firm provides wealth management, retirement and investment solutions, asset management, asset administration, investment processing outsourcing solutions, financial services, and investment advisory services to its clients.