25,358 Service Corporation International $SCI Shares Sold by Dudley & Shanley Inc.

Key Points

• Dudley & Shanley reduced its Service Corporation International stake by 6.9%, selling 25,358 shares and retaining 342,425 shares valued at approximately $26.1 million. Institutional investors collectively own 85.53% of SCI.
• SCI reported quarterly revenue of $1.10 billion and adjusted earnings of $0.90 per share, narrowly exceeding analyst expectations; revenue increased 3.6% year over year. The company issued fiscal 2026 EPS guidance of $4.10 to $4.30.
• The stock traded at $76.67, while analysts maintained a generally positive view, with an average rating of “Buy” and a consensus price target of $100.67. SCI also pays a quarterly dividend of $0.36, representing an annualized yield of about 1.9%.

Dudley & Shanley Inc. lessened its stake in Service Corporation International (NYSE:SCI - Free Report) by 6.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 342,425 shares of the company's stock after selling 25,358 shares during the period. Service Corporation International makes up about 4.2% of Dudley & Shanley Inc.'s holdings, making the stock its 6th biggest holding. Dudley & Shanley Inc. owned 0.25% of Service Corporation International worth $26,076,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in SCI. Bank of New York Mellon Corp bought a new position in Service Corporation International during the second quarter worth about $80,965,000. Turtle Creek Asset Management Inc. lifted its holdings in shares of Service Corporation International by 12.0% during the 1st quarter. Turtle Creek Asset Management Inc. now owns 1,161,496 shares of the company's stock valued at $95,835,000 after purchasing an additional 124,151 shares in the last quarter. Aureus Asset Management LLC grew its position in shares of Service Corporation International by 196.8% in the 1st quarter. Aureus Asset Management LLC now owns 112,192 shares of the company's stock valued at $9,257,000 after purchasing an additional 74,387 shares during the period. Public Employees Retirement System of Ohio acquired a new position in shares of Service Corporation International in the 2nd quarter valued at approximately $2,904,000. Finally, Handelsbanken Fonder AB increased its stake in Service Corporation International by 3.8% during the 2nd quarter. Handelsbanken Fonder AB now owns 881,985 shares of the company's stock worth $66,996,000 after purchasing an additional 32,137 shares in the last quarter. Institutional investors own 85.53% of the company's stock.

Insider Activity at Service Corporation International

In other news, CEO Thomas Ryan sold 253,391 shares of the company's stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $85.25, for a total value of $21,601,582.75. Following the sale, the chief executive officer directly owned 1,006,212 shares of the company's stock, valued at approximately $85,779,573. This represents a 20.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.40% of the stock is currently owned by company insiders.

Service Corporation International Stock Up 1.0%

SCI traded up $0.72 on Tuesday, hitting $76.67. 286,072 shares of the company were exchanged, compared to its average volume of 1,211,318. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.49 and a current ratio of 0.53. The stock's fifty day moving average is $81.70 and its 200-day moving average is $79.53. The company has a market cap of $10.45 billion, a PE ratio of 20.02, a PEG ratio of 1.71 and a beta of 0.81. Service Corporation International has a 12 month low of $68.41 and a 12 month high of $90.99.

Service Corporation International (NYSE:SCI - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.01. Service Corporation International had a return on equity of 34.38% and a net margin of 12.30%.The company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.08 billion. During the same quarter in the prior year, the business posted $0.88 EPS. The business's revenue was up 3.6% compared to the same quarter last year. Service Corporation International has set its FY 2026 guidance at 4.100-4.300 EPS. Equities research analysts predict that Service Corporation International will post 4.18 EPS for the current fiscal year.

Service Corporation International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a $0.36 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $1.44 dividend on an annualized basis and a yield of 1.9%. Service Corporation International's dividend payout ratio (DPR) is currently 37.60%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on SCI shares. Weiss Ratings raised shares of Service Corporation International from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, September 14th. Wall Street Zen raised shares of Service Corporation International from a "sell" rating to a "hold" rating in a research report on Sunday, September 20th. Finally, UBS Group raised their price objective on shares of Service Corporation International from $93.00 to $105.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $100.67.

Service Corporation International Company Profile

Service Corporation International NYSE: SCI is a provider of deathcare services in North America. The company operates funeral homes, cemeteries and crematoria, offering funeral, burial, cremation and memorialization services to families.

SCI also provides prearranged funeral and cemetery services, allowing customers to plan and fund arrangements in advance. Its services are marketed through brands including Dignity Memorial, Neptune Society, Funeraria del Angel and Advantage Funeral & Cremation Services.

Founded in 1962 and headquartered in Houston, Texas, Service Corporation International serves communities throughout the United States and Canada.

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