SEI Investments beats Q1 revenue estimates

SEI Investments Co

22/04/2026 21:11

Overview

US financial technology and asset management firm's Q1 revenue grew 13%, beating analyst expectations

Adjusted EPS for Q1 rose 21% and beat analyst expectations

Company repurchased 2.6 mln shares for $208.3 mln during Q1

Outlook

Company says client demand for outsourcing and technology continues to accelerate

SEI says ongoing investment in AI and automation is strengthening its business foundation

Company believes it is well positioned to deliver sustained value for clients and shareholders

Result Drivers

RECORD SALES EVENTS - Co said Q1 net sales events reached $67.2 mln, with $57.1 mln recurring, both record levels for SEI

SEGMENT MOMENTUM - Investment Managers and Private Banks drove revenue and profit growth, with Investment Managers benefiting from enterprise-level mandates and Private Banks seeing strong demand for professional services

MARGIN EXPANSION - Co reported margin improvement across businesses, citing execution of margin enhancement strategies and operating leverage

Company press release: ID:nPn3YRp3Pa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$622.18 mln
$614.07 mln (5 Analysts)
Q1 Adjusted EPS
Beat
$1.44
$1.32 (6 Analysts)
Q1 EPS
$1.40


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy"

Wall Street's median 12-month price target for SEI Investments Co is $107.00, about 28.7% above its April 21 closing price of $83.14

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)