Bank of New York Mellon Corp decreased its holdings in SEI Investments Company (NASDAQ:SEIC – Free Report) by 5.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 936,302 shares of the asset manager’s stock after selling 54,349 shares during the quarter. Bank of New York Mellon Corp’s holdings in SEI Investments were worth $73,472,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Advisors Preferred LLC purchased a new stake in shares of SEI Investments during the 1st quarter worth $516,000. Hillsdale Investment Management Inc. increased its holdings in shares of SEI Investments by 49.2% in the 1st quarter. Hillsdale Investment Management Inc. now owns 13,430 shares of the asset manager’s stock valued at $1,054,000 after purchasing an additional 4,430 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of SEI Investments by 63.6% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 16,566 shares of the asset manager’s stock valued at $1,300,000 after purchasing an additional 6,442 shares during the period. State of Michigan Retirement System lifted its stake in shares of SEI Investments by 1.8% in the first quarter. State of Michigan Retirement System now owns 22,388 shares of the asset manager’s stock valued at $1,757,000 after purchasing an additional 400 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in SEI Investments by 3.7% during the first quarter. Principal Financial Group Inc. now owns 207,688 shares of the asset manager’s stock worth $16,297,000 after buying an additional 7,326 shares in the last quarter. Institutional investors and hedge funds own 70.59% of the company’s stock.
Analysts Set New Price Targets
SEIC has been the topic of several recent analyst reports. Keefe, Bruyette & Woods upped their target price on shares of SEI Investments from $107.00 to $113.00 and gave the stock an “outperform” rating in a research report on Friday, July 10th. Piper Sandler lifted their price target on shares of SEI Investments from $105.00 to $114.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Morgan Stanley boosted their price target on SEI Investments from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. Raymond James Financial upped their price target on SEI Investments from $122.00 to $124.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of SEI Investments in a research note on Friday, July 17th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $116.20.
SEI Investments News Summary
Here are the key news stories impacting SEI Investments this week:
- Positive Sentiment: SEI Investments beat quarterly EPS estimates, reporting $1.66 per share versus expectations around $1.44-$1.45, which suggests resilient execution. SEI Investments earnings report and call transcript
- Positive Sentiment: Revenue also came in above forecasts at $641.6 million, helping reinforce that demand and asset management activity remain solid. SEI Reports Second-Quarter 2026 Financial Results
- Positive Sentiment: Operating income grew 33% year over year and operating margin improved to 31%, signaling strong cost control and operating leverage. SEI Reports Second-Quarter 2026 Financial Results
- Neutral Sentiment: Despite the positive quarter, EPS declined 11% from a year ago, so investors may watch whether earnings growth can reaccelerate in coming quarters. SEI Reports Second-Quarter 2026 Financial Results
Insider Buying and Selling
In related news, Director Kathryn Mccarthy sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $91.07, for a total value of $910,700.00. Following the sale, the director owned 77,883 shares of the company’s stock, valued at approximately $7,092,804.81. This represents a 11.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Alfred P. West, Jr. sold 50,000 shares of the stock in a transaction on Friday, June 26th. The shares were sold at an average price of $87.25, for a total value of $4,362,500.00. Following the sale, the chairman owned 6,825,783 shares in the company, valued at approximately $595,549,566.75. This trade represents a 0.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 71,332 shares of company stock worth $6,278,583 in the last ninety days. Insiders own 4.80% of the company’s stock.
SEI Investments Price Performance
Shares of NASDAQ SEIC opened at $98.75 on Thursday. The company has a current ratio of 4.52, a quick ratio of 4.40 and a debt-to-equity ratio of 0.07. The company’s 50-day moving average price is $91.44 and its 200 day moving average price is $85.95. SEI Investments Company has a 52 week low of $75.08 and a 52 week high of $100.79. The stock has a market cap of $11.88 billion, a price-to-earnings ratio of 16.85 and a beta of 0.97.
SEI Investments (NASDAQ:SEIC – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The asset manager reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.22. SEI Investments had a net margin of 31.17% and a return on equity of 30.70%. The company had revenue of $641.62 million during the quarter, compared to analysts’ expectations of $636.35 million. During the same quarter in the previous year, the business posted $1.78 earnings per share. The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. As a group, research analysts forecast that SEI Investments Company will post 5.98 earnings per share for the current fiscal year.
SEI Investments Announces Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, June 16th. Investors of record on Monday, June 8th were given a dividend of $0.52 per share. This represents a dividend yield of 118.0%. The ex-dividend date was Monday, June 8th. SEI Investments’s payout ratio is currently 17.75%.
SEI Investments Profile
SEI Investments Company is a global provider of asset management, investment processing, and investment operations solutions. The firm offers a range of services designed to help financial institutions, private banks, wealth managers and family offices streamline back-office functions and enhance front-office capabilities. SEI’s technology platforms support various stages of the investment lifecycle, including trade execution, performance reporting, risk analytics and client communications.
The company’s core offerings include outsourced fund administration, custody and trust services, managed account solutions, and wealth management technology.
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