Service Corporation International $SCI Shares Purchased by California State Teachers Retirement System

Key Points

• California State Teachers Retirement System increased its SCI stake by 18.3% in the first quarter, purchasing 25,524 additional shares to reach 164,939 shares valued at approximately $13.6 million. Institutional investors collectively own 85.53% of the company.
• SCI’s latest quarterly results exceeded expectations, with adjusted EPS of $0.90 versus the $0.89 consensus and revenue of $1.10 billion, up 3.6% year over year. Management maintained fiscal 2026 EPS guidance of $4.10–$4.30 and raised its quarterly dividend to $0.36 per share.
• Analyst sentiment remains generally positive: UBS raised its price target to $105 and reiterated a “buy” rating, while the broader analyst consensus is “Moderate Buy” with an average target of $98.

California State Teachers Retirement System boosted its position in Service Corporation International (NYSE:SCI - Free Report) by 18.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 164,939 shares of the company's stock after buying an additional 25,524 shares during the period. California State Teachers Retirement System owned approximately 0.12% of Service Corporation International worth $13,609,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SCI. Sunbelt Securities Inc. acquired a new position in shares of Service Corporation International during the third quarter worth about $42,000. V Square Quantitative Management LLC purchased a new stake in Service Corporation International in the 4th quarter valued at approximately $46,000. Root Financial Partners LLC boosted its holdings in Service Corporation International by 35.7% in the 1st quarter. Root Financial Partners LLC now owns 612 shares of the company's stock valued at $50,000 after purchasing an additional 161 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in Service Corporation International during the 4th quarter worth approximately $54,000. Finally, Danske Bank A S purchased a new position in shares of Service Corporation International during the 3rd quarter worth approximately $83,000. Hedge funds and other institutional investors own 85.53% of the company's stock.

More Service Corporation International News

Here are the key news stories impacting Service Corporation International this week:

• Positive Sentiment: Q2 results exceeded expectations: SCI reported adjusted earnings of $0.90 per share, slightly above the $0.89 consensus estimate, while revenue reached approximately $1.10 billion versus forecasts of $1.08 billion. Revenue rose 3.6% year over year. Service Corporation Q2 Earnings Beat Estimates, Revenues Rise 4% Y/Y
• Positive Sentiment: Operating trends and cash flow improved: Cemetery growth and higher preneed sales supported the quarter, and management increased its cash-flow guidance. The company maintained fiscal 2026 earnings guidance of $4.10 to $4.30 per share, with analysts expecting approximately $4.22. Service Corporation International 2026 Q2 Results Earnings Call Presentation
• Positive Sentiment: UBS raised its price target: UBS Group lifted its target for SCI from $93 to $105 and reiterated a “buy” rating, implying substantial potential appreciation from the stock’s recent trading level. The upgrade reinforces investor confidence in SCI’s earnings durability and outlook. UBS Raises Service Corporation International Price Target
• Neutral Sentiment: Management commentary is receiving attention: The Q2 earnings call transcript and related presentation provide additional detail on cemetery performance, preneed demand, cash flow and the company’s 2026 expectations. Service Corporation International Q2 2026 Earnings Call Transcript

Service Corporation International Trading Up 0.2%

Shares of SCI opened at $86.38 on Monday. Service Corporation International has a fifty-two week low of $68.41 and a fifty-two week high of $90.99. The company has a market capitalization of $11.92 billion, a PE ratio of 22.55, a price-to-earnings-growth ratio of 1.91 and a beta of 0.81. The stock has a fifty day moving average of $76.55 and a two-hundred day moving average of $79.53. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.49 and a current ratio of 0.53.

Service Corporation International (NYSE:SCI - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.01. The business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.08 billion. Service Corporation International had a return on equity of 34.38% and a net margin of 12.30%.The business's revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.88 earnings per share. Service Corporation International has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, analysts forecast that Service Corporation International will post 4.2 EPS for the current year.

Service Corporation International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.7%. This is a boost from Service Corporation International's previous quarterly dividend of $0.34. The ex-dividend date was Monday, June 15th. Service Corporation International's dividend payout ratio (DPR) is currently 37.60%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. UBS Group upped their price objective on Service Corporation International from $93.00 to $105.00 and gave the stock a "buy" rating in a report on Friday. JPMorgan Chase & Co. decreased their price objective on shares of Service Corporation International from $110.00 to $100.00 and set an "overweight" rating on the stock in a report on Friday, May 1st. Wall Street Zen upgraded Service Corporation International from a "sell" rating to a "hold" rating in a research report on Saturday. Finally, Weiss Ratings downgraded shares of Service Corporation International from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, June 3rd. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Service Corporation International has a consensus rating of "Moderate Buy" and an average target price of $98.00.

Service Corporation International Company Profile

Service Corporation International NYSE: SCI is a leading provider of funeral, cremation and cemetery services in North America. Through its network of funeral homes, cemeteries, memorial parks and crematoria, the company offers a broad array of end-of-life services, including traditional funeral ceremonies, memorialization, burial and cremation. In addition to core services, SCI provides grief counseling, pre-need planning and merchandise such as caskets, vaults, urns and memorialization products.

Headquartered in Houston, Texas, Service Corporation International operates more than 1,900 funeral homes, over 450 cemeteries and 40 combination facilities across the United States and Canada.

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