Dudley & Shanley Inc. Lowers Stock Holdings in Service Corporation International $SCI

Dudley & Shanley Inc. cut its position in Service Corporation International (NYSE:SCI) by 6.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 342,425 shares of the company’s stock after selling 25,358 shares during the quarter. Service Corporation International comprises about 4.2% of Dudley & Shanley Inc.’s portfolio, making the stock its 6th biggest holding. Dudley & Shanley Inc.’s holdings in Service Corporation International were worth $26,076,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCI. Root Financial Partners LLC boosted its position in shares of Service Corporation International by 35.7% in the first quarter. Root Financial Partners LLC now owns 612 shares of the company’s stock valued at $50,000 after acquiring an additional 161 shares during the period. Fifth Third Wealth Advisors LLC increased its position in Service Corporation International by 4.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 4,872 shares of the company’s stock worth $402,000 after acquiring an additional 210 shares during the period. CX Institutional raised its stake in Service Corporation International by 7.3% in the 3rd quarter. CX Institutional now owns 12,345 shares of the company’s stock worth $940,000 after purchasing an additional 838 shares in the last quarter. Advisors Preferred LLC boosted its holdings in Service Corporation International by 81.0% in the 1st quarter. Advisors Preferred LLC now owns 6,579 shares of the company’s stock valued at $543,000 after purchasing an additional 2,945 shares during the period. Finally, Atlas Capital Advisors Inc. bought a new stake in Service Corporation International in the 4th quarter valued at about $332,000. 85.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Service Corporation International

In other Service Corporation International news, CEO Thomas Ryan sold 253,391 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $85.25, for a total transaction of $21,601,582.75. Following the completion of the transaction, the chief executive officer owned 1,006,212 shares of the company’s stock, valued at approximately $85,779,573. The trade was a 20.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.40% of the stock is currently owned by corporate insiders.

Service Corporation International Price Performance

NYSE:SCI traded up $0.72 during mid-day trading on Tuesday, reaching $76.67. The stock had a trading volume of 286,072 shares, compared to its average volume of 1,211,318. Service Corporation International has a 12 month low of $68.41 and a 12 month high of $90.99. The stock has a market capitalization of $10.45 billion, a PE ratio of 20.02, a P/E/G ratio of 1.71 and a beta of 0.81. The company has a debt-to-equity ratio of 3.32, a current ratio of 0.53 and a quick ratio of 0.49. The stock has a 50-day simple moving average of $81.70 and a two-hundred day simple moving average of $79.53.

Service Corporation International (NYSE:SCI) last issued its earnings results on Wednesday, July 29th. The company reported $0.90 earnings per share for the quarter, beating 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 firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the business posted $0.88 EPS. The company’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. On average, equities analysts anticipate that Service Corporation International will post 4.18 earnings per share for the current year.

Service Corporation International Announces Dividend

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

Service Corporation International 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.