Service Corporation International (NYSE:SCI) CEO Thomas Ryan Sells 253,391 Shares

Service Corporation International (NYSE:SCI) CEO Thomas Ryan sold 253,391 shares of Service Corporation International stock in a transaction on 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 transaction, the chief executive officer directly owned 1,006,212 shares of the company’s stock, valued at $85,779,573. This represents a 20.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Service Corporation International Stock Performance

Shares of SCI opened at $85.47 on Wednesday. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 3.32. The stock has a market capitalization of $11.65 billion, a P/E ratio of 22.32, a price-to-earnings-growth ratio of 1.90 and a beta of 0.81. The firm’s fifty day simple moving average is $76.89 and its two-hundred day simple moving average is $79.61. Service Corporation International has a 12 month low of $68.41 and a 12 month high of $90.99.

Service Corporation International (NYSE:SCI) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.01. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 3.6% on a year-over-year basis. During the same period last year, the company posted $0.88 EPS. Service Corporation International has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, analysts predict that Service Corporation International will post 4.2 EPS for the current year.

Institutional Trading of Service Corporation International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in Service Corporation International in the fourth quarter valued at approximately $435,000. Royal Bank of Canada raised its position in shares of Service Corporation International by 38.8% during the first quarter. Royal Bank of Canada now owns 121,883 shares of the company’s stock worth $9,775,000 after purchasing an additional 34,051 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Service Corporation International by 48.7% during the first quarter. Goldman Sachs Group Inc. now owns 417,387 shares of the company’s stock worth $33,474,000 after purchasing an additional 136,770 shares during the period. Focus Partners Wealth lifted its holdings in shares of Service Corporation International by 3.1% in the 1st quarter. Focus Partners Wealth now owns 10,571 shares of the company’s stock worth $848,000 after purchasing an additional 321 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its holdings in shares of Service Corporation International by 32.6% in the 2nd quarter. Baird Financial Group Inc. now owns 9,753 shares of the company’s stock worth $794,000 after purchasing an additional 2,398 shares in the last quarter. 85.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SCI has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lowered their target price on Service Corporation International from $110.00 to $100.00 and set an “overweight” rating for the company in a report on Friday, May 1st. Weiss Ratings cut Service Corporation International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd. Wall Street Zen raised shares of Service Corporation International from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, UBS Group lifted their price objective on shares of Service Corporation International from $93.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.67.

About Service Corporation International

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.