Group 1 - SEI Investments Company reported quarterly earnings of $1.20 per share, exceeding the analyst consensus estimate of $1.16 per share [1] - The company achieved quarterly sales of $559.601 million, surpassing the analyst consensus estimate of $555.724 million [1] - CEO Ryan Hicke emphasized the company's commitment to sustained growth through investments in talent, technology, and infrastructure [2] Group 2 - SEI Investments shares experienced a decline of 2.1%, trading at $88.07 following the earnings announcement [2] - Analysts adjusted their price targets for SEI Investments after the earnings report, with Piper Sandler lowering the target from $96 to $93 and Keefe, Bruyette & Woods lowering it from $100 to $98 [8]

Core Insights - SEI Investments Co. (SEIC) reported a second-quarter 2025 earnings per share (EPS) of $1.78, exceeding the Zacks Consensus Estimate of $1.18, and reflecting a 70% increase from the prior-year quarter [1][9] - The net income for the quarter was $227.1 million, up 63% from the year-ago quarter, surpassing the estimate of $145.3 million [1] Revenue and AUM Performance - Total revenues reached $559.6 million, marking an 8% year-over-year increase, driven by higher asset management, administration, distribution fees, and information processing and software servicing fees, although it fell short of the Zacks Consensus Estimate of $561.1 million [2][9] - Assets under management (AUM) stood at $517.5 billion, reflecting a 10% increase from the prior-year quarter, while client assets under administration (AUA) rose 11% year over year to $1.14 trillion [4][9] Expense Analysis - Total expenses amounted to $411 million, up 7% year over year, primarily due to increases in almost all cost components, except for amortization and depreciation charges, and slightly above the estimate of $409.8 million [3] - Operating income increased by 9% year over year to $148.6 million, exceeding the estimate of $139.7 million [3] Share Repurchase Activity - In the reported quarter, SEIC repurchased 2.2 million shares for $180.8 million at an average price of $83.60 per share [5] Strategic Outlook - The company's global presence, diverse product offerings, solid balance sheet, strategic acquisitions, and robust AUM balance are expected to support revenue growth, despite concerns over elevated operating expenses and concentrated fee-based revenues [6]

Core Insights - SEI has expanded its SEI Access platform by adding 17 new fund managers, enhancing access to alternative investment products for wealth managers and financial advisors [1][2] - The platform aims to provide a public markets experience for private markets, facilitating broader access to alternative investments through a digital marketplace [2][5] - Since its launch in 2019, SEI Access has achieved over 23,500 subscriptions and processed transactions exceeding $5.1 billion in alternative investments [3] Company Overview - SEI is a leading global provider of financial technology, operations, and asset management services, managing approximately $1.7 trillion in assets as of June 30, 2025 [4] - The company focuses on tailoring solutions to help clients effectively deploy their capital, enhancing their ability to serve clients and achieve growth objectives [4] SEI Access Platform - SEI Access is designed to improve the investment experience for registered investment advisors, broker-dealers, and private banks, offering a streamlined subscription process for alternative investment fund managers [5] - The platform integrates electronic subscription documents, proprietary firm paperwork, custodian forms, and e-signature capabilities to ensure efficient transaction processing [5]

Core Insights - SEI Investments Company reported strong financial results for Q2 2025, with a 70% increase in EPS, 8% growth in revenue, and 9% growth in operating income compared to Q2 2024 [1][2][8] - The operating margin improved to 27%, reflecting the company's strategic investments in talent, technology, and infrastructure to support growth [1][2][8] Financial Performance - **Earnings Per Share (EPS)**: Q2 2025 EPS was $1.78, up 70% from $1.05 in Q2 2024, benefiting from a $0.58 impact from various items, including a $94.4 million gain from the sale of the Family Office Services business [1][2][8] - **Revenue**: Total revenues for Q2 2025 were $559.6 million, an 8% increase from $519.0 million in Q2 2024 [2][8] - **Operating Income**: Operating income rose to $148.6 million, a 9% increase from $136.5 million in the same quarter last year [2][8] - **Net Income**: Net income for Q2 2025 was $227.1 million, a 63% increase from $139.1 million in Q2 2024 [2][8] Business Segment Performance - **Investment Managers**: Revenues increased by 8% to $195.1 million, with operating profit growing by 7% to $73.4 million [4][5] - **Private Banks**: Revenues grew by 7% to $141.4 million, and operating profit increased by 11% to $22.7 million [4][5] - **Investment Advisors**: Revenues rose by 14% to $137.2 million, with operating profit up 19% to $61.4 million [4][5] - **Institutional Investors**: Revenues decreased by 3% to $69.3 million, but operating profit remained stable at $33.5 million [5] Strategic Initiatives - The company is focused on innovation and growth, as highlighted by its strategic investment in Stratos Wealth Holdings [3] - SEI is enhancing its capabilities through investments in technology and talent to meet evolving client needs [1][3] Shareholder Actions - SEI repurchased 2.2 million shares for $180.8 million during Q2 2025, bringing total shares repurchased to 9.0 million over the trailing 12 months [8]

Company Performance - AllianceBernstein (AB) shares have increased by 4% over the past month, reaching a new 52-week high of $42.2 [1] - Year-to-date, AB has gained 13.3%, outperforming the Zacks Finance sector's 9.8% gain and the Zacks Financial - Investment Management industry's -1% return [1] Earnings and Revenue - AB has consistently exceeded earnings estimates, reporting EPS of $0.8 against a consensus estimate of $0.78 in its last earnings report [2] - For the current fiscal year, AB is expected to post earnings of $3.32 per share on revenues of $3.52 billion, reflecting a 2.15% change in EPS and a -0.22% change in revenues [3] - For the next fiscal year, earnings are projected to be $3.69 per share on revenues of $3.85 billion, indicating year-over-year changes of 11.34% and 9.33%, respectively [3] Valuation Metrics - AB currently trades at 12.7X current fiscal year EPS estimates, which is a premium compared to the peer industry average of 12X [7] - The stock has a trailing cash flow basis of 12.5X, matching its peer group's average [7] - AB's PEG ratio stands at 1.65, which does not place it among the top stocks from a value perspective [7] Zacks Rank and Style Scores - AB holds a Zacks Rank of 1 (Strong Buy) due to a solid earnings estimate revision trend [8] - The stock has a Value Score of B, a Growth Score of B, and a Momentum Score of D, resulting in a combined VGM Score of A [6] Industry Comparison - The Financial - Investment Management industry is performing well, ranking in the top 6% of all industries [12] - SEI Investments Company (SEIC), a peer, has a Zacks Rank of 1 (Strong Buy) and is expected to post earnings of $4.91 per share on revenues of $2.27 billion for the current fiscal year [10][11]

Core Insights - SEI has appointed Karin Risi and Tom Naratil to its Board of Directors, effective immediately, while Stephanie Miller has resigned from the board [1][2] Group 1: Board Appointments - Karin Risi brings 30 years of experience in wealth management, having previously led Vanguard's $2.5 trillion Personal Investor and Wealth Management businesses [2][3] - Tom Naratil has a 39-year career at UBS, where he held several senior positions, including Co-President of Global Wealth Management [3][4] Group 2: Leadership Perspectives - Risi expressed enthusiasm for SEI's commitment to innovation and long-term value delivery, emphasizing the need to adapt to changing client needs in the asset and wealth management industry [4] - Naratil highlighted the importance of capitalizing on industry shifts for growth and expressed excitement about supporting SEI's leadership in achieving sustained growth [4] Group 3: Company Overview - SEI is a leading global provider of financial technology, operations, and asset management services, managing approximately $1.6 trillion in assets as of March 31, 2025 [5]

Core Viewpoint - The market anticipates a year-over-year decline in earnings for Virtus Investment Partners (VRTS) due to lower revenues, with a consensus EPS estimate of $6.12, reflecting a -6.3% change, and expected revenues of $189.24 million, down 6.8% from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is scheduled for July 25, and the stock may rise if actual results exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 7.31% higher in the last 30 days, indicating a more optimistic outlook from analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP for Virtus is +2.40%, suggesting analysts have become more bullish on the company's earnings prospects [12]. - A positive Earnings ESP combined with a Zacks Rank of 1 indicates a high likelihood of beating the consensus EPS estimate [10][12]. Historical Performance - In the last reported quarter, Virtus exceeded the expected EPS of $5.33 by delivering $5.73, resulting in a surprise of +7.50% [13]. - Over the past four quarters, Virtus has beaten consensus EPS estimates three times [14]. Industry Context - SEI Investments (SEIC), another player in the Zacks Financial - Investment Management industry, is expected to post earnings of $1.18 per share, reflecting a year-over-year increase of +12.4% [18]. - SEI's revenues are projected to be $561.07 million, up 8.1% from the previous year, with a consensus EPS estimate revised 7.8% higher in the last 30 days [19].

Core Insights - SEI and Stratos Wealth Holdings have entered into a strategic partnership aimed at enhancing the growth and scalability of financial advisors' businesses [1][2] - SEI will invest approximately $527 million for a 57.5% equity stake in Stratos, with the potential to acquire 100% in the future [4][5] - The partnership is expected to leverage SEI's technology, custody, operations, and asset management capabilities to support Stratos' existing business model [2][4] Company Overview - SEI is a leading global provider of financial technology, operations, and asset management services, managing approximately $1.6 trillion in assets as of March 31, 2025 [6][7] - Stratos Wealth Holdings supports a network of independent financial advisors, advising and servicing over $37 billion in client assets [8] Leadership and Vision - Jeff Concepcion, Founder and CEO of Stratos, emphasizes the importance of SEI's investment and expertise in driving growth and enhancing service offerings for advisors [3] - Ryan Hicke, CEO of SEI, highlights the strategic investment as a reinforcement of their commitment to financial advisors and the value they provide [4]

Core Insights - The ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM) aims to provide broad exposure to the Small Cap Blend segment of the US equity market, with assets exceeding $911.95 million [1] - Small cap companies, defined as those with market capitalizations below $2 billion, present both potential and risk, typically combining growth and value stocks [2] - The ETF has an expense ratio of 0.48% and a 12-month trailing dividend yield of 1.06%, which is competitive within its peer group [3] Sector Exposure and Holdings - The ETF has a significant allocation to the Financials sector, comprising approximately 38.40% of the portfolio, followed by Industrials and Consumer Discretionary [4] - Encompass Health Corp. (EHC) is the largest individual holding at about 2.58% of total assets, with the top 10 holdings representing around 22.73% of total assets under management [5] Performance Metrics - OUSM seeks to match the performance of the FTSE Russell US Qual / Vol / Yield Factor 3% Capped Index, focusing on high-quality, low-volatility, dividend-paying small-cap companies [6] - As of July 17, 2025, the ETF has gained roughly 0.05% year-to-date and approximately 0.30% over the past year, with a trading range between $37.73 and $47.20 in the last 52 weeks [7] Alternatives and Market Position - The ETF holds a Zacks ETF Rank of 3 (Hold), indicating a moderate outlook based on expected returns, expense ratios, and momentum [8] - Other comparable ETFs include the iShares Russell 2000 ETF (IWM) with $66.50 billion in assets and an expense ratio of 0.19%, and the iShares Core S&P Small-Cap ETF (IJR) with $81.21 billion in assets and a lower expense ratio of 0.06% [9] Investment Trends - There is a growing trend among retail and institutional investors towards passively managed ETFs due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [10]

BlackRock (BLK) came out with quarterly earnings of $12.05 per share, beating the Zacks Consensus Estimate of $10.71 per share. This compares to earnings of $10.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +12.51%. A quarter ago, it was expected that this investment firm would post earnings of $10.25 per share when it actually produced earnings of $11.3, delivering a surprise of +10.24%. Over the last four quarters, the ...