SEI Investments stock gained 0.81 percent after Wells Fargo coverage
Published on 10/05/2026 at 22:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSEI Investments stock (ISIN US7841171033) closed at USD 103.26 on Nasdaq on October 5, 2026, up 0.81 percent from USD 102.43. The move followed Wells Fargo's October 3 initiation of coverage with an Overweight rating and a USD 129 price target, giving the latest close a clear valuation checkpoint.
Wells Fargo sets USD 129 target
According to MarketBeat on October 3, 2026, Wells Fargo began coverage with an Overweight rating and a USD 129 price target. That target lies 25.9 percent above the previous close cited in the report, while the target is 25.6 percent above the October 5 close of USD 103.26.
The broader analyst picture is also positive. MarketBeat reported a Buy consensus from nine analysts, with one Strong Buy, seven Buy ratings and one Hold rating, plus an average price target of USD 123.67. That consensus target stands 19.8 percent above the October 5 close.
Revenue grows as GAAP EPS falls
SEI's latest reported quarter delivered a split earnings picture. In its Q2 2026 release dated July 22, SEI Investments reported revenue of USD 641.617 million for the three months ended June 30, up 15 percent from USD 559.601 million a year earlier.
Operating income increased 33 percent to USD 197.016 million, and the operating margin reached 31 percent versus 27 percent in Q2 2025. The counterweight was GAAP diluted EPS of USD 1.59, down 11 percent from USD 1.78, while adjusted EPS rose 38 percent to USD 1.66.
Stock remains below yearly high
SEIC's October 5 range was USD 101.24 to USD 104.04, with volume of 800,539 shares. The USD 103.26 close was 7.9 percent below the 52-week high of USD 112.15 and 37.5 percent above the 52-week low of USD 75.08.
SEI is scheduled to report its next quarterly results on October 27, 2026, according to AltIndex. That date gives the Wells Fargo thesis an identifiable near-term test: investors will be able to compare continued revenue growth with the pressure visible in GAAP per-share earnings.
SEIC stock closes at USD 103.26
SEI Investments stock closed at USD 103.26 on Nasdaq on October 5, 2026, with a daily gain of 0.81 percent and a market capitalization of USD 12.4 billion.
SEI Investments stock facts
- Company: SEI Investments Company
- ISIN: US7841171033
- Ticker: SEIC
- Trading venue: Nasdaq
- Price (as of October 5, 2026, 4:00 p.m. ET): USD 103.26, closing price
- Market capitalization: USD 12.4 billion (as of October 5, 2026)
- 52-week range: USD 75.08-112.15 (as of October 5, 2026)
- Sector / Industry: Financial Services / Asset Management
