$SEI

Sintana Energy (SEI) received $450K from its 2025 Trinidad sale and accelerated remaining payments, expecting $900K by end-2026. This concludes its exit from Trinidad, with the funds potentially redeployed into other projects.

Basic Capital Group and The Carlyle Group are collaborating to offer Carlyle's private markets strategies through SEI Investments' collective investment trusts on Basic Capital's platform. The first product will combine public and private equity strategies. Carlyle had $485 billion in assets under management as of June 30. SEI previously partnered with WTW Investments for similar private market funds.

Solaris Energy Infrastructure Inc. shares dropped 14.42% to $59.36, reducing its market value to $3.9B, amid a broader sell-off in AI-related stocks. The decline is part of a wider market retreat due to concerns over AI spending and uncertain returns. Solaris, a data center power infrastructure provider, has seen strong gains but faces high valuations and growing debt. The company is set to report Q3 results on Nov. 4.

Piper Sandler maintained an Overweight rating on SEI Investments with a $129 price target, implying 19% upside. The company reported $46.8M in 3Q26 sales, its second-best quarter, and core EPS of $1.64, exceeding estimates. Strong performance in alternatives and positive management commentary were noted.

SEI reported a 14% revenue increase and 24% operating income growth in Q3 2026. Diluted EPS rose 6%, with adjusted EPS up 24%. The company boosted its share buyback authorization by $800M, totaling $926M. Net sales events reached $157.4M, with strong performances in Investment Managers and Private Banks.

SEI Investments reports Q3 earnings on Wednesday, with analysts expecting EPS of $1.58 on revenue of $655.6M. While EPS is forecast to decline sequentially, analysts project 21.5% YoY EPS growth and 13.3% revenue growth. Eight of nine analysts rate the stock a Buy, with a mean price target of $118.38. The focus is on sustaining operating margins above 30% and sales momentum from recent mandate wins.

Solaris Energy Infrastructure, Inc. (SEI) has an updated average price target of $105.19, up from $104.39, with a range of $82 to $122 per share, according to 15 analysts. This implies a 66% upside from the Oct. 20 closing price. The consensus rating remains 'Buy' across 16 analysts.

Mixed or offshore upstream E&P stocks reported strong Q2 earnings, with revenues beating estimates by 7.6%. Clean Energy Fuels (CLNE) reported $106.4M revenue, up 3.7% YoY, but its stock fell 19.3%. Granite Ridge Resources (GRNT) saw $149.3M revenue, up 36.7%, and its stock rose 8%. Peabody Energy (BTU) reported $1B revenue, up 12.7%, with a stock gain of 3%. Seadrill (SDRL) and Solaris Energy Infrastructure (SEI) also reported strong earnings and stock gains.

SEI appointed Kristie Edling-Day as chief information officer to lead technology and product strategy. The firm manages $2.1 trillion in assets. Edling-Day will oversee digital transformation, platform modernization, and cybersecurity governance, reporting to CEO Ryan Hicke. SEI allocates 10-12% of topline revenue, around $250 million, to technology spending.

Solaris Energy Infrastructure raised $1.25B via 7% Senior Notes due 2032 for general purposes and growth capex. It also expanded its revolving credit facility to $850M, increasing liquidity and operational flexibility. Both actions were effective October 1, 2026, according to the company's SEC filing.