326,173 Shares in Carriage Services, Inc. $CSV Purchased by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. acquired a new position in Carriage Services, Inc. (NYSE:CSV) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 326,173 shares of the company’s stock, valued at approximately $12,505,000.

Several other large investors have also bought and sold shares of CSV. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Carriage Services by 4.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,090 shares of the company’s stock worth $313,000 after acquiring an additional 312 shares during the period. Jones Financial Companies Lllp raised its position in shares of Carriage Services by 1,736.0% in the 1st quarter. Jones Financial Companies Lllp now owns 918 shares of the company’s stock worth $36,000 after acquiring an additional 868 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Carriage Services in the 1st quarter valued at approximately $689,000. Creative Planning purchased a new position in shares of Carriage Services in the 2nd quarter valued at approximately $200,000. Finally, Rhumbline Advisers boosted its position in shares of Carriage Services by 8.2% during the second quarter. Rhumbline Advisers now owns 21,856 shares of the company’s stock valued at $1,000,000 after purchasing an additional 1,654 shares in the last quarter. 66.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Carriage Services Trading Up 0.4%

NYSE CSV opened at $34.72 on Wednesday. Carriage Services, Inc. has a 12 month low of $33.33 and a 12 month high of $52.10. The company has a current ratio of 1.46, a quick ratio of 1.29 and a debt-to-equity ratio of 1.92. The stock’s fifty day moving average price is $37.67 and its 200-day moving average price is $41.95. The stock has a market cap of $550.93 million, a P/E ratio of 12.44, a P/E/G ratio of 0.68 and a beta of 0.84.

Carriage Services (NYSE:CSV) last posted 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). The company had revenue of $102.95 million during the quarter, compared to analysts’ expectations of $108.91 million. Carriage Services had a return on equity of 19.23% and a net margin of 10.69%.Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. As a group, equities analysts forecast that Carriage Services, Inc. will post 3.38 EPS for the current fiscal year.

Carriage Services Dividend Announcement

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

About Carriage Services

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.