De Lisle Partners LLP Buys Shares of 239,593 Carriage Services, Inc. $CSV

De Lisle Partners LLP purchased a new stake in shares of Carriage Services, Inc. (NYSE:CSV) during the second quarter, Holdings Channel reports. The fund purchased 239,593 shares of the company’s stock, valued at approximately $9,191,000. Carriage Services accounts for approximately 1.0% of De Lisle Partners LLP’s investment portfolio, making the stock its 29th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. raised its holdings in Carriage Services by 3.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 8,833 shares of the company’s stock valued at $404,000 after buying an additional 258 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Carriage Services by 50.8% in the first quarter. PNC Financial Services Group Inc. now owns 784 shares of the company’s stock worth $36,000 after purchasing an additional 264 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Carriage Services by 4.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,090 shares of the company’s stock valued at $313,000 after purchasing an additional 312 shares during the period. Janney Montgomery Scott LLC raised its position in Carriage Services by 3.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 9,939 shares of the company’s stock worth $454,000 after purchasing an additional 321 shares during the last quarter. Finally, Prudential Financial Inc. raised its position in Carriage Services by 3.0% during the 2nd quarter. Prudential Financial Inc. now owns 11,245 shares of the company’s stock worth $514,000 after purchasing an additional 330 shares during the last quarter. 66.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on CSV. Oppenheimer initiated coverage on Carriage Services in a research note on Thursday, August 13th. They issued an “outperform” rating and a $48.00 price objective on the stock. Raymond James Financial set a $50.00 price objective on shares of Carriage Services in a research report on Friday, August 7th. Roth Capital set a $46.00 target price on shares of Carriage Services in a research note on Friday, August 7th. Weiss Ratings cut shares of Carriage Services from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. Finally, Barrington Research restated an “outperform” rating and issued a $60.00 price target on shares of Carriage Services in a report on Monday, April 27th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $51.00.

Carriage Services Stock Up 0.0%

Shares of NYSE:CSV opened at $34.54 on Friday. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.29 and a current ratio of 1.46. Carriage Services, Inc. has a 52-week low of $33.33 and a 52-week high of $52.10. The business’s 50 day simple moving average is $37.83 and its two-hundred day simple moving average is $42.08. The firm has a market cap of $548.15 million, a P/E ratio of 12.38, a PEG ratio of 0.68 and a beta of 0.84.

Carriage Services (NYSE:CSV) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.04). Carriage Services had a net margin of 10.69% and a return on equity of 19.23%. The firm had revenue of $102.95 million for 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, research analysts forecast that Carriage Services, Inc. will post 3.38 EPS for the current fiscal year.

Carriage Services Announces Dividend

The firm 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. This represents a $0.45 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, August 3rd. Carriage Services’s dividend payout ratio (DPR) 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.