Dernières nouvelles pour SEI Inv (NASDAQ:SEIC) Stock

SEI Inv

SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2023, SEI (including LSV) manages, administers, or advises about $1.4 trillion in assets.

SEI Investments Co

Disclosed on October 29, Carl Guarino, Board Member at SEI Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEIC#NASDAQ">SEIC</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: Guarino's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000350894/000035089424000136//Archives/edgar/data/350894/000035089424000136/0000350894-24-000136-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday unveiled the sale of 7,564 shares of SEI Inv. The total transaction value is $573,124.
SEI Inv's shares are actively trading at $78.0, experiencing a up of 2.36% during Wednesday's morning session.
<h3>Unveiling the Story Behind SEI Inv</h3>
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2023, SEI (including LSV) manages, administers, or advises about $1.4 trillion in assets.
<h3>SEI Inv's Financial Performance</h3>
Revenue Growth: SEI Inv's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 3.55%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 53.73%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): SEI Inv's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 1.2.
</li>
</ul>
Debt Management: SEI Inv's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.01.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: SEI Inv's P/E ratio of 18.36 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 4.9, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): SEI Inv's EV/EBITDA ratio, lower than industry averages at 11.42, indicates attractively priced shares.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
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<h3>The Relevance of Insider Transactions</h3>
While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000350894">Check Out The Full List Of SEI Inv's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Insider Trades

Trading Ideas

SEIC

Carl Guarino Takes Money Off The Table, Sells $573K In SEI Inv Stock

Disclosed on October 29, Ryan Hicke, Chief Executive Officer at SEI Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEIC#NASDAQ">SEIC</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: After conducting a thorough analysis, Hicke sold 10,000 shares of SEI Inv. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000350894/000092963824003683//Archives/edgar/data/350894/000092963824003683/0000929638-24-003683-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total transaction value is $749,000.
SEI Inv's shares are actively trading at $76.82, experiencing a up of 0.81% during Wednesday's morning session.
<h3>About SEI Inv</h3>
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2023, SEI (including LSV) manages, administers, or advises about $1.4 trillion in assets.
<h3>Key Indicators: SEI Inv's Financial Health</h3>
Revenue Growth: SEI Inv's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 3.55%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 53.73%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): SEI Inv's EPS reflects a decline, falling below the industry average with a current EPS of 1.2.
</li>
</ul>
Debt Management: SEI Inv's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.01.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: SEI Inv's P/E ratio of 18.36 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 4.9 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 11.42 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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<h3>Uncovering the Importance of Insider Activity</h3>
Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Important Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000350894">Check Out The Full List Of SEI Inv's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Chief Executive Officer Of SEI Inv Sold $749K In Stock

Morgan Stanley analyst Rayna Kumar maintains SEI Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEIC#NASDAQ">SEIC</a>) with a Underweight and raises the price target from $70 to $75.

Price Target

Analyst Ratings

Morgan Stanley Maintains Underweight on SEI Inv, Raises Price Target to $75

WIIM

SEI Investments shares are trading higher after the company reported better-than-expected Q3 financial results. Additionally, Piper Sandler raised its price target on the stock from $74 to $77.

Oppenheimer analyst Owen Lau maintains SEI Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEIC#NASDAQ">SEIC</a>) with a Outperform and raises the price target from $81 to $85.

Oppenheimer Maintains Outperform on SEI Inv, Raises Price Target to $85

Piper Sandler analyst Crispin Love maintains SEI Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEIC#NASDAQ">SEIC</a>) with a Neutral and raises the price target from $74 to $77.

Piper Sandler Maintains Neutral on SEI Inv, Raises Price Target to $77

SEI Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEIC#NASDAQ">SEIC</a>) reported quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $1.07 by 11.21 percent. This is a 36.78 percent increase over earnings of $0.87 per share from the same period last year. The company reported quarterly sales of $537.40 million which beat the analyst consensus estimate of $533.42 million by 0.75 percent. This is a 12.72 percent increase over sales of $476.76 million the same period last year.

Earnings

Earnings Beats

SEI Inv Q3 EPS $1.19 Beats $1.07 Estimate, Sales $537.40M Beat $533.42M Estimate

Buybacks

SEI Expands Stock Repurchase Program By $400M, Bringing Total Authorization To Approximately $429M

SEI Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEIC#NASDAQ">SEIC</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-10-23. Here's what investors need to know before the announcement.
Analysts estimate that SEI Inv will report an earnings per share (EPS) of $1.05. 
Investors in SEI Inv are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Earnings Track Record</h3>
During the last quarter, the company reported an EPS beat by $0.01, leading to a 0.27% drop in the share price on the subsequent day.
Here's a look at SEI Inv's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.04</td>
<td>0.98</td>
<td>0.92</td>
<td>0.87</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.05</td>
<td>0.99</td>
<td>0.91</td>
<td>0.87</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.0%</td>
<td>-0.0%</td>
<td>5.0%</td>
<td>-3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729627303_0.png" alt="eps graph" />
<h3>Performance of SEI Inv Shares</h3>
Shares of SEI Inv were trading at $72.3 as of October 21. Over the last 52-week period, shares are up 31.07%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Opinions on SEI Inv</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding SEI Inv.
Analysts have provided SEI Inv with 4 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $74.75, suggesting a potential 3.39% upside.
<h3>Analyzing Ratings Among Peers</h3>
In this comparison, we explore the analyst ratings and average 1-year price targets of Invesco, Franklin Resources and Hamilton Lane, three prominent industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>For Invesco, analysts project an Neutral trajectory, with an average 1-year price target of $17.64, indicating a potential 75.6% downside.</li>
<li>As per analysts' assessments, Franklin Resources is favoring an Underperform trajectory, with an average 1-year price target of $21.23, suggesting a potential 70.64% downside.</li>
<li>The consensus outlook from analysts is an Neutral trajectory for Hamilton Lane, with an average 1-year price target of $158.62, indicating a potential 119.39% upside.</li>
</ul>
<h3>Summary of Peers Analysis</h3>
Within the peer analysis summary, vital metrics for Invesco, Franklin Resources and Hamilton Lane are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>SEI Inv</td>
<td>Neutral</td>
<td>6.12%</td>
<td>$278.47M</td>
<td>6.17%</td>
</tr>
<tr>
<td>Invesco</td>
<td>Neutral</td>
<td>2.81%</td>
<td>$535.60M</td>
<td>1.25%</td>
</tr>
<tr>
<td>Franklin Resources</td>
<td>Underperform</td>
<td>7.82%</td>
<td>$1.70B</td>
<td>1.29%</td>
</tr>
<tr>
<td>Hamilton Lane</td>
<td>Neutral</td>
<td>57.34%</td>
<td>$135.71M</td>
<td>10.80%</td>
</tr>
</tbody>
</table>

Key Takeaway:
SEI Inv ranks in the middle for consensus rating. It is at the bottom for revenue growth and gross profit, while it is at the top for return on equity.
<h3>All You Need to Know About SEI Inv</h3>
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2023, SEI (including LSV) manages, administers, or advises about $1.4 trillion in assets.
<h3>Financial Milestones: SEI Inv's Journey</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, SEI Inv showcased positive performance, achieving a revenue growth rate of 6.12% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: SEI Inv's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 26.81%, the company may face hurdles in effective cost management.
Return on Equity (ROE): SEI Inv's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 6.17%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 5.46%, the company showcases effective utilization of assets.
Debt Management: With a below-average debt-to-equity ratio of 0.01, SEI Inv adopts a prudent financial strategy, indicating a balanced approach to debt management.
<a href="https://www.benzinga.com/quote/SEIC/earnings">To track all earnings releases for SEI Inv visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Exploring SEI Inv's Earnings Expectations

Seagate Technology Holdings plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/stx#NASDAQ">STX</a>) is scheduled to report first-quarter fiscal 2025 earnings on Oct. 22.
The Zacks Consensus Estimate for first-quarter fiscal 2025 earnings has been revised upwards by 2.1% in the past 60 days at $1.48 per share. The company reported a non-GAAP loss per share of 22 cents in the prior year quarter. The Zacks Consensus Estimate for revenues is currently pegged at $2.11 billion, indicating a 44.8% uptick from the year-ago actual.
Management anticipates first-quarter fiscal 2025 revenues to be $2.1 billion (+/- $150 million). Non-GAAP earnings are expected to be $1.40 per share (+/- 20 cents).
STX&#39;s earnings beat the Zacks Consensus Estimate in three of the last four quarters and missed the remaining occasion. The average earnings surprise is 80.9%.
<h2>Factors Shaping the Upcoming Results of Seagate</h2>
Seagate expects incremental increases in mass capacity demand, owing to strengthening demand from global cloud customers and modest improvement in the nearline enterprise market. Nearline cloud revenues have been driven by improving sales to cloud service providers and steadying enterprise demand. Also, higher traditional cloud computing workloads and new AI deployments have been driving nearline demand. Seagate expects this momentum to continue in fiscal 2025.
Secular trends and innovations in driving up aerial density are likely to have spurred mass capacity storage demand. The launch of the Mozaic 3+ hard drive platform earlier in the year, which featured Heat-Assisted Magnetic Recording technology, positioned it well to capture share in the mass capacity storage solutions market.
We expect mass capacity revenues to be up 62.8% year over year to $1,655.9 million in the fiscal first quarter. Seagate anticipates the increase in mass capacity revenues to offset lower revenues from legacy markets.
For VIA, management anticipates sales to fluctuate in the second half of the calendar 2024. Though smart cities are the biggest end-market opportunity, the near-term budget visibility remains blurry amid existing macroeconomic uncertainty.
<div class="chart_embed">
<h3>Seagate Technology Holdings PLC Price and EPS Surprise</h3>
<img alt="Seagate Technology Holdings PLC Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/e7/1729166300.png" style="height:263px; width:542px" title="" />
Seagate Technology Holdings PLC price-eps-surprise | Seagate Technology Holdings PLC Quote
</div>
Gross margin is expected to have benefited from a higher mix of mass capacity revenues and ongoing pricing actions. The company expects minimal underutilization costs owing to the improving demand environment.
Our estimate for revenues from the HDD segment is pegged at $1,932.2 million, indicating an increase of 49.2% from the year-ago actual. The estimate for the non-HDD (which includes enterprise data solutions, cloud systems and solid-state drives) segment is pegged at $169.1 million, implying an increase of 6.3% from the prior-year level.
Soft global macroeconomic conditions, especially a relatively sluggish recovery in China, remain a concern. Increasing costs are additional headwinds. In the fiscal first quarter, the non-GAAP operating expenses are expected to be $270 million.
<h2>What the Zacks Model Unveils</h2>
Our proven model does predict an earnings beat for Seagate this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is exactly the case here.
Seagate has an Earnings ESP of +5.09% and sports a Zacks Rank #1 at present.
<h2>Other Stocks to Consider</h2>
Here are some stocks you may consider, as our model shows that these have the right combination of elements to beat on earnings this season.
SEI Investments Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seic#NASDAQ">SEIC</a>) currently has an Earnings ESP of +0.94% and a Zacks Rank #2.
SEIC is scheduled to report quarterly earnings on Oct. 23. The Zacks Consensus Estimate for SEIC&#39;s to-be-reported quarter&#39;s earnings and revenues is pegged at $1.07 per share and $532.1 million, respectively. Shares of SEIC have gained 29.9% in the past year.
Ameriprise Financial, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amp#NYSE">AMP</a>) presently has an Earnings ESP of +0.5% and a Zacks Rank #2. AMP is scheduled to report quarterly numbers on Oct. 23. The Zacks Consensus Estimate for AMP&#39;s to-be-reported quarter&#39;s earnings and revenues is pegged at $8.86 per share and $4.3 billion, respectively. Shares of AMP have risen 60% in the past year.
American Airlines Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aal#NASDAQ">AAL</a>) has an Earnings ESP of +32.87% and a Zacks Rank #2 at present. AAL is scheduled to report quarterly figures on Oct. 24. The Zacks Consensus Estimate for AAL&#39;s to-be-reported quarter&#39;s earnings and revenues is pegged at 13 cents per share and $13.49 billion, respectively. Shares of AAL have increased 13.5% in the past year.
<a href="https://www.zacks.com/stock/news/2352201/seagate-gears-up-for-q1-earnings-what-s-in-the-offing?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2352201">To read this article on Zacks.com click here.</a>

Large Cap

Macro Economic Events

Mid Cap

Management

Economics

Markets

Tech

Seagate Gears Up for Q1 Earnings: What's in the Offing?

Investors interested in stocks from the Financial - Investment Management sector have probably already heard of Victory Capital Holdings (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vctr#NASDAQ">VCTR</a>) and SEI Investments (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seic#NASDAQ">SEIC</a>). But which of these two stocks offers value investors a better bang for their buck right now? We&#39;ll need to take a closer look.
There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.
Victory Capital Holdings and SEI Investments are both sporting a Zacks Rank of # 2 (Buy) right now. Investors should feel comfortable knowing that both of these stocks have an improving earnings outlook since the Zacks Rank favors companies that have witnessed positive analyst estimate revisions. However, value investors will care about much more than just this.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
VCTR currently has a forward P/E ratio of 11.12, while SEIC has a forward P/E of 16.52. We also note that VCTR has a PEG ratio of 0.61. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company&#39;s expected earnings growth rate. SEIC currently has a PEG ratio of 1.38.
Another notable valuation metric for VCTR is its P/B ratio of 3.36. The P/B ratio pits a stock&#39;s market value against its book value, which is defined as total assets minus total liabilities. For comparison, SEIC has a P/B of 4.05.
These metrics, and several others, help VCTR earn a Value grade of B, while SEIC has been given a Value grade of C.
Both VCTR and SEIC are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that VCTR is the superior value option right now.
<a href="https://www.zacks.com/stock/news/2350084/vctr-vs-seic-which-stock-is-the-better-value-option?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_3-2350084">To read this article on Zacks.com click here.</a>

VCTR

VCTR vs. SEIC: Which Stock Is the Better Value Option?

BlackRock Finance&nbsp;came out with quarterly earnings of $11.46 per share, beating the Zacks Consensus Estimate of $10.42 per share. This compares to earnings of $10.91 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 9.98%. A quarter ago, it was expected that this investment firm would post earnings of $9.96 per share when it actually produced earnings of $10.36, delivering a surprise of 4.02%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
BlackRock Finance, which belongs to the Zacks Financial - Investment Management industry, posted revenues of $5.2 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 3.93%. This compares to year-ago revenues of $4.52 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.
BlackRock Finance shares have added about 17.7% since the beginning of the year versus the S&amp;P 500&#39;s gain of 21.2%.
<h2>What&#39;s Next for BlackRock Finance?</h2>
While BlackRock Finance has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for BlackRock Finance: mixed. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $11.14 on $5.56 billion in revenues for the coming quarter and $41.83 on $20.1 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Investment Management is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, SEI Investments (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seic#NASDAQ">SEIC</a>), has yet to report results for the quarter ended September 2024.
This investment management firm is expected to post quarterly earnings of $1.07 per share in its upcoming report, which represents a year-over-year change of +23%. The consensus EPS estimate for the quarter has been revised 2% higher over the last 30 days to the current level.
SEI Investments&#39; revenues are expected to be $532.11 million, up 11.6% from the year-ago quarter.
<a href="https://www.zacks.com/stock/news/2349134/blackrock-finance-blk-surpasses-q3-earnings-and-revenue-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2349134">To read this article on Zacks.com click here.</a>

BlackRock Finance Surpasses Q3 Earnings and Revenue Estimates

Throughout the last three months, 4 analysts have evaluated SEI Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEIC#NASDAQ">SEIC</a>), offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $74.75, a high estimate of $81.00, and a low estimate of $71.00. This upward trend is apparent, with the current average reflecting a 0.67% increase from the previous average price target of $74.25.
<img src="https://www.benzinga.com/files/images/story/2024/1728482418_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The analysis of recent analyst actions sheds light on the perception of SEI Inv by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Crispin Love</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$74.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Owen Lau</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$81.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Aidan Hall</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$73.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Crispin Love</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$71.00</td>
<td>$72.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to SEI Inv. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of SEI Inv compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of SEI Inv's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of SEI Inv's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/SEIC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on SEI Inv analyst ratings.</a>
<h2>All You Need to Know About SEI Inv</h2>
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2023, SEI (including LSV) manages, administers, or advises about $1.4 trillion in assets.
<h3>SEI Inv: A Financial Overview</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: SEI Inv's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 6.12%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: SEI Inv's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 26.81%, the company may face hurdles in effective cost management.
Return on Equity (ROE): SEI Inv's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.17% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): SEI Inv's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 5.46%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.01.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Latest Analyst Ratings For SEI Inv

Piper Sandler analyst Crispin Love maintains SEI Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEIC#NASDAQ">SEIC</a>) with a Neutral and raises the price target from $71 to $74.

Piper Sandler Maintains Neutral on SEI Inv, Raises Price Target to $74

Oppenheimer analyst Owen Lau maintains SEI Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEIC#NASDAQ">SEIC</a>) with a Outperform and raises the price target from $80 to $81.

Oppenheimer Maintains Outperform on SEI Inv, Raises Price Target to $81

Invesco (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ivz#NYSE">IVZ</a>) remains well-positioned for growth on the back of diversified offerings, efforts to enhance operating efficiency and solid assets under management balance. However, a high intangible assets composition on the balance sheet and subdued revenue performance are major headwinds.
<h2>Invesco&#39;s Catalysts</h2>
Invesco has been recording steady improvement in the AUM balance. The metric witnessed a compound annual growth rate (CAGR) of 12.3% over the five years ended 2023. The OppenheimerFunds acquisition in 2019 led to a significant rise in the company&#39;s AUM, turning it into one of the leading global asset managers. Invesco has been capitalizing on the rising demand for passive offerings, which constituted 42% of total AUM as of June 30, 2024, up from 34% in the corresponding period of 2023.
<img alt="Invesco Ltd." src="https://staticx-tuner.zacks.com/images/articles/charts/39/80375.jpg?v=159979789" />
Image Source: Invesco Ltd.
IVZ has been executing initiatives to enhance operating efficiency. The company surpassed its goal for net cost synergies from the OppenheimerFunds acquisition and achieved $200 million in annualized net savings before the planned schedule. While adjusted operating expenses experienced a 2.2% rise in 2023, the trend reversed in the first six months of 2024. The company aims to generate $60 million in annual net savings this year as part of the organizational changes.
Further, Invesco holds a strong footprint in Europe, Canada and the Asia-Pacific, besides the United States. As of June 30, 2024, roughly 28% of the total AUM was from clients residing outside the United States. The acquisitions of Intelliflo, a leading U.K.-based advisor-focused digital solutions firm, and Europe-based Source, a leading independent specialist provider of ETFs, helped the company enhancing global market share and footprint. Such strategic pursuits, as well as diversified offerings, are likely to support the company in generating further momentum from business in such regions.
<h2>Factors That Weigh on Invesco</h2>
Invesco&#39;s subdued top-line expansion is a major concern. Though total operating revenues grew in the first half of 2024, the metric has been experiencing a downtrend since the second half of 2020. Despite having a robust institutional pipeline, diversified product offerings, alternative investment strategies and strong retail channels, revenues are likely to remain subdued in the near term due to a challenging operating backdrop.
A substantial amount of intangible assets in the IVZ&#39;s balance sheet is another major challenge, as these are subject to an annual review. As of June 30, 2024, goodwill and intangible assets amounted to $14.4 billion (53.1% of Invesco&#39;s total assets). Several factors may trigger the initiation of impairment of the book value of such assets, due to which their values will be written down. This is expected to negatively impact the company&#39;s financials. In 2023, amortization and impairment of intangible assets-related charges hampered the company&#39;s profitability, resulting in a net loss.
Invesco currently carries a Zacks Rank #3 (Hold). Over the past three months, shares of the company have risen 17.1%, outperforming the industry&#39;s growth of 15.8%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/f5/80377.jpg?v=873665951" />
Image Source: Zacks Investment Research
<h2>IVZ&#39;s Peers Worth Considering</h2>
Some better-ranked asset managers worth a look are Ameriprise (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amp#NYSE">AMP</a>) and SEI Investments (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seic#NASDAQ">SEIC</a>), carrying a Zacks Rank #2 (Buy).
Estimates for AMP&#39;s current-year earnings have been revised marginally upward in the past week. Ameriprise&#39;s shares have rallied 11% over the past three months.
Estimates for SEIC&#39;s current-year earnings have been revised slightly north in the past seven days. Shares of SEI Investments have gained 6.7% over the past three months.
<a href="https://www.zacks.com/stock/news/2346134/restructuring-moves-aum-aid-invesco-muted-revenues-a-concern?cid=CS-BENZ-FT-analyst_blog|zer_report_update-2346134">To read this article on Zacks.com click here.</a>

Offerings

Restructuring Moves & AUM Aid Invesco, Muted Revenues a Concern

Disclosed on August 30, Alfred P. West Jr.,, Executive Chairman at SEI Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEIC#NASDAQ">SEIC</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: Jr., opted to sell 5,670 shares of SEI Inv, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000350894/000035089424000113//Archives/edgar/data/350894/000035089424000113/0000350894-24-000113-index.htm">U.S. Securities and Exchange Commission</a> on Friday. The transaction's total worth stands at $382,725.
During Friday's morning session, SEI Inv shares down by 0.0%, currently priced at $67.46.
<h3>About SEI Inv</h3>
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2023, SEI (including LSV) manages, administers, or advises about $1.4 trillion in assets.
<h3>Unraveling the Financial Story of SEI Inv</h3>
Revenue Growth: SEI Inv's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 6.12%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: With a high gross margin of 53.66%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): SEI Inv's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 1.06.
</li>
</ul>
Debt Management: SEI Inv's debt-to-equity ratio is below the industry average. With a ratio of 0.01, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 17.66 is lower than the industry average, implying a discounted valuation for SEI Inv's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 4.49, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 10.98 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
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<h3>Why Insider Transactions Are Important</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000350894">Check Out The Full List Of SEI Inv's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sell Alert: Alfred P. West Jr., Cashes Out $382K In SEI Inv Stock

Alfred P. West Jr.,, Executive Chairman at SEI Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEIC#NASDAQ">SEIC</a>), disclosed an insider sell on August 28, according to a recent SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000350894/000035089424000109//Archives/edgar/data/350894/000035089424000109/0000350894-24-000109-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday, Jr., sold 101,129 shares of SEI Inv. The total transaction value is $6,793,590.
During Thursday's morning session, SEI Inv shares up by 0.37%, currently priced at $67.55.
<h3>All You Need to Know About SEI Inv</h3>
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2023, SEI (including LSV) manages, administers, or advises about $1.4 trillion in assets.
<h3>Financial Insights: SEI Inv</h3>
Revenue Growth: SEI Inv's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 6.12%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 53.66%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, SEI Inv exhibits below-average bottom-line performance with a current EPS of 1.06.
</li>
</ul>
Debt Management: SEI Inv's debt-to-equity ratio is below the industry average at 0.01, reflecting a lower dependency on debt financing and a more conservative financial approach.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 17.62 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 4.48, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 10.95 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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<h3>Why Insider Transactions Are Important</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000350894">Check Out The Full List Of SEI Inv's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Alfred P. West Jr., Implements A Sell Strategy: Offloads $6.79M In SEI Inv Stock

Disclosed on August 27, Alfred P. West Jr.,, Executive Chairman at SEI Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEIC#NASDAQ">SEIC</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000350894/000035089424000107//Archives/edgar/data/350894/000035089424000107/0000350894-24-000107-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday outlined that Jr., executed a sale of 71,582 shares of SEI Inv with a total value of $4,833,444.
SEI Inv shares are trading down 0.0% at $67.24 at the time of this writing on Tuesday morning.
<h3>Discovering SEI Inv: A Closer Look</h3>
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2023, SEI (including LSV) manages, administers, or advises about $1.4 trillion in assets.
<h3>SEI Inv's Financial Performance</h3>
Positive Revenue Trend: Examining SEI Inv's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 6.12% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Evaluating Earnings Performance:
<ul>
<li>
Gross Margin: With a high gross margin of 53.66%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): SEI Inv's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 1.06.
</li>
</ul>
Debt Management: SEI Inv's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.01.
Navigating Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 17.6 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 4.48, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 10.94, SEI Inv presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>The Insider's Guide to Important Transaction Codes</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000350894">Check Out The Full List Of SEI Inv's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Decision: Alfred P. West Jr., Offloads $4.83M Worth Of SEI Inv Stock

SEI Investments Co.&#39;s (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seic#NASDAQ">SEIC</a>) second-quarter 2024 earnings of $1.05 per share surpassed the Zacks Consensus Estimate by a penny. The bottom line reflected a rise of 18% from the prior-year quarter&#39;s level.
Results benefited from higher revenues and an increase in the assets under management balance. Higher expenses acted as a headwind.
Net income was $139.1 million, up 17% from the year-ago quarter&#39;s level. Our estimate for the metric was $129.4 million.
<h3>Revenues &amp; AUM Improve, Expenses Rise</h3>
Total revenues were $519 million, up 6% year over year. The rise was driven by higher asset management, administration and distribution fees. However, the top line missed the Zacks Consensus Estimate of $524 million.
Total expenses were $382.5 million, up 2% year over year. The increase was due to higher compensation, benefits and other personnel costs, stock-based compensation expenses, amortization costs, and data processing and computer-related costs. Our estimate for the metric was $399.6 million.
Operating income increased 21% year over year to $136.5 million. Our estimate for the metric was $119.9 million.
As of Jun 30, 2024, AUM was $470.5 billion, reflecting a rise of 13% from the prior-year quarter&#39;s reported actuals. Client assets under administration (AUA) were $1 trillion, up 16% year over year. Client AUA did not include $8.5 billion related to Funds of Funds assets reported as of Jun 30, 2024.
<h3>Share Repurchase Update</h3>
In the reported quarter, SEI Investments bought back 1.6 million shares for $111.2 million.
<h3>Conclusion</h3>
Elevated expenses are expected to hurt the company&#39;s bottom line. SEIC&#39;s increased exposure to fee-based revenues is another major concern. However, its robust AUM balance, global presence and diverse range of product offerings are expected to continue to drive growth.
<div class="chart_embed">
<h3>SEI Investments Company Price, Consensus and EPS Surprise</h3>
<img alt="SEI Investments Company Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/d5/1721912100.png" style="height:265px; width:577px" title="" />
SEI Investments Company price-consensus-eps-surprise-chart | SEI Investments Company Quote
Currently, SEI Investments carries a Zacks Rank #2 (Buy).
</div>
<h3>Performance of Other Asset Managers</h3>
BlackRock, Inc.&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/blk#NYSE">BLK</a>) second-quarter 2024 adjusted earnings of $10.36 per share handily surpassed the Zacks Consensus Estimate of $9.96. The figure reflects a rise of 12% from the year-ago quarter&#39;s level.
BLK&#39;s results benefited from a rise in revenues. AUM witnessed a solid improvement, driven by net inflows and market appreciation. However, higher expenses and a fall in non-operating income acted as headwinds for BLK.
Blackstone&#39;s&nbsp;second-quarter 2024 distributable earnings of 96 cents per share lagged the Zacks Consensus Estimate of 99 cents. The figure declined 3.2% from the prior-year quarter&#39;s figure.
BX&#39;s results were primarily hurt by an increase in GAAP expenses. Nevertheless, a rise in segment revenues and an improvement in the AUM balance were tailwinds.
<a href="https://www.zacks.com/stock/news/2309156/sei-investments-seic-q2-earnings-beat-as-revenues-aum-rise?cid=CS-BENZ-FT-analyst_blog|earnings_article-2309156">To read this article on Zacks.com click here.</a>

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