SEI Investments (NASDAQ:SEIC) Cut to Hold at Zacks Research

SEI Investments (NASDAQ:SEIC) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports. Zacks Research also issued estimates for SEI Investments’ Q4 2025 earnings at $1.26 EPS, FY2025 earnings at $5.51 EPS, Q1 2026 earnings at $1.25 EPS, Q2 2026 earnings at $1.34 EPS, Q3 2026 earnings at $1.39 EPS, Q4 2026 earnings at $1.42 EPS, FY2026 earnings at $5.40 EPS, Q2 2027 earnings at $1.47 EPS, Q3 2027 earnings at $1.57 EPS and FY2027 earnings at $6.00 EPS.

SEIC has been the subject of a number of other research reports. Keefe, Bruyette & Woods reduced their price objective on shares of SEI Investments from $98.00 to $93.00 and set a “market perform” rating for the company in a research report on Monday, October 13th. Piper Sandler decreased their price target on SEI Investments from $96.00 to $93.00 and set a “neutral” rating on the stock in a research note on Thursday, July 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of SEI Investments in a research report on Wednesday, October 8th. Morgan Stanley raised their target price on SEI Investments from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, September 19th. Finally, Raymond James Financial upped their price target on shares of SEI Investments from $118.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 14th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $104.40.

SEI Investments Price Performance

SEI Investments stock opened at $83.70 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.73 and a quick ratio of 5.62. The business has a 50 day simple moving average of $84.12 and a 200-day simple moving average of $85.89. SEI Investments has a 12 month low of $64.66 and a 12 month high of $93.96. The stock has a market capitalization of $10.25 billion, a PE ratio of 15.39, a price-to-earnings-growth ratio of 1.22 and a beta of 0.96.

SEI Investments (NASDAQ:SEIC) last posted its quarterly earnings data on Wednesday, October 22nd. The asset manager reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.25 by $0.05. The firm had revenue of $578.51 million for the quarter, compared to analyst estimates of $578.75 million. SEI Investments had a net margin of 31.09% and a return on equity of 30.21%. SEI Investments’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the firm posted $1.19 EPS. Equities analysts predict that SEI Investments will post 4.86 earnings per share for the current year.

SEI Investments declared that its Board of Directors has approved a share buyback program on Friday, October 24th that authorizes the company to buyback $650.00 million in outstanding shares. This buyback authorization authorizes the asset manager to buy up to 6.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Insider Transactions at SEI Investments

In other SEI Investments news, CEO Ryan Hicke sold 35,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $88.30, for a total value of $3,090,500.00. Following the completion of the transaction, the chief executive officer owned 171,260 shares in the company, valued at $15,122,258. This represents a 16.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kathryn Mccarthy sold 10,000 shares of SEI Investments stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $85.66, for a total transaction of $856,600.00. Following the sale, the director owned 75,641 shares in the company, valued at $6,479,408.06. This represents a 11.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 55,000 shares of company stock valued at $4,811,200 over the last quarter. Company insiders own 14.60% of the company’s stock.

Institutional Investors Weigh In On SEI Investments

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SEIC. Barclays PLC boosted its position in SEI Investments by 0.9% in the 3rd quarter. Barclays PLC now owns 155,403 shares of the asset manager’s stock valued at $13,186,000 after buying an additional 1,325 shares during the last quarter. Crossmark Global Holdings Inc. lifted its stake in shares of SEI Investments by 277.8% in the third quarter. Crossmark Global Holdings Inc. now owns 35,545 shares of the asset manager’s stock worth $3,016,000 after acquiring an additional 26,137 shares in the last quarter. IFG Advisory LLC boosted its holdings in SEI Investments by 1.1% in the third quarter. IFG Advisory LLC now owns 56,647 shares of the asset manager’s stock valued at $4,806,000 after purchasing an additional 594 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in SEI Investments by 1.7% in the third quarter. Dimensional Fund Advisors LP now owns 1,863,052 shares of the asset manager’s stock valued at $158,084,000 after purchasing an additional 31,953 shares during the last quarter. Finally, Cresset Asset Management LLC grew its stake in SEI Investments by 2.2% during the 3rd quarter. Cresset Asset Management LLC now owns 14,352 shares of the asset manager’s stock valued at $1,218,000 after purchasing an additional 309 shares in the last quarter. Hedge funds and other institutional investors own 70.59% of the company’s stock.

About SEI Investments

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.