Susquehanna International Group LLP Has $1.03 Million Stock Holdings in Carriage Services, Inc. $CSV

Susquehanna International Group LLP boosted its position in Carriage Services, Inc. (NYSE:CSV) by 198.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,989 shares of the company’s stock after acquiring an additional 17,939 shares during the quarter. Susquehanna International Group LLP owned 0.17% of Carriage Services worth $1,035,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Parvin Asset Management LLC bought a new stake in Carriage Services during the second quarter worth $735,000. Punch & Associates Investment Management Inc. bought a new position in shares of Carriage Services in the 2nd quarter valued at $9,562,000. Bank of America Corp DE acquired a new position in shares of Carriage Services during the 2nd quarter worth $1,541,000. Polar Asset Management Partners Inc. acquired a new position in shares of Carriage Services during the 2nd quarter worth $12,505,000. Finally, Manatuck Hill Partners LLC bought a new stake in shares of Carriage Services during the 2nd quarter worth $2,553,000. 66.46% of the stock is currently owned by institutional investors and hedge funds.

Carriage Services Stock Up 0.1%

Shares of NYSE CSV opened at $34.12 on Monday. The company has a quick ratio of 1.29, a current ratio of 1.46 and a debt-to-equity ratio of 1.92. The firm has a market cap of $541.48 million, a PE ratio of 12.23, a P/E/G ratio of 0.67 and a beta of 0.84. The company’s fifty day simple moving average is $37.45 and its 200 day simple moving average is $41.75. Carriage Services, Inc. has a 12-month low of $33.33 and a 12-month high of $52.10.

Carriage Services (NYSE:CSV) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.04). Carriage Services had a return on equity of 19.23% and a net margin of 10.69%.The firm had revenue of $102.95 million during the quarter, compared to the consensus estimate of $108.91 million. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. As a group, sell-side analysts forecast that Carriage Services, Inc. will post 3.38 earnings per share for the current fiscal year.

Carriage Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 3rd will be paid a $0.1125 dividend. The ex-dividend date is Monday, August 3rd. This represents a $0.45 annualized dividend and a yield of 1.3%. Carriage Services’s dividend payout ratio (DPR) is 16.13%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CSV. Raymond James Financial set a $50.00 price objective on shares of Carriage Services in a research note on Friday, August 7th. Roth Capital set a $46.00 price target on shares of Carriage Services in a report on Friday, August 7th. Oppenheimer began coverage on Carriage Services in a research note on Thursday, August 13th. They issued an “outperform” rating and a $48.00 price target for the company. Zacks Research downgraded Carriage Services from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Finally, Weiss Ratings downgraded Carriage Services from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 19th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $51.00.

Carriage Services Profile

Carriage Services, Inc operates as a leading provider of funeral, cemetery and cremation services in the United States. The company owns and operates a network of funeral homes, cemeteries, crematories and related service facilities, offering a comprehensive suite of end-of-life services. Its portfolio encompasses traditional funeral services, memorials, graveside burials, mausoleum entombment and direct cremation options, alongside personalized tributes and reception arrangements.

In addition to standard funeral and cemetery offerings, Carriage Services provides pre-arrangement planning and financing solutions designed to ease the administrative and financial burden on grieving families.