Punch & Associates Investment Management Inc. Increases Stock Position in Carriage Services, Inc. $CSV

Punch & Associates Investment Management Inc. increased its position in Carriage Services, Inc. (NYSE:CSV) by 16.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 246,699 shares of the company’s stock after purchasing an additional 35,274 shares during the quarter. Punch & Associates Investment Management Inc.’s holdings in Carriage Services were worth $10,435,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in CSV. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of 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. Jones Financial Companies Lllp boosted its stake in shares of Carriage Services by 1,736.0% in the first quarter. Jones Financial Companies Lllp now owns 918 shares of the company’s stock valued at $36,000 after purchasing an additional 868 shares during the period. Jane Street Group LLC purchased a new position in shares of Carriage Services in the first quarter valued at $689,000. Creative Planning purchased a new position in shares of Carriage Services in the second quarter valued at $200,000. Finally, Rhumbline Advisers boosted its stake in shares of Carriage Services by 8.2% in 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 during the period. 66.46% of the stock is currently owned by hedge funds and other institutional investors.

Carriage Services Trading Up 0.1%

NYSE CSV opened at $38.63 on Wednesday. Carriage Services, Inc. has a 12 month low of $37.11 and a 12 month high of $52.10. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.15 and a quick ratio of 0.99. The company has a market capitalization of $613.14 million, a price-to-earnings ratio of 14.00, a price-to-earnings-growth ratio of 0.74 and a beta of 0.83. The company’s fifty day moving average price is $44.53 and its two-hundred day moving average price is $43.79.

Carriage Services (NYSE:CSV) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.01. Carriage Services had a net margin of 10.58% and a return on equity of 19.78%. The firm had revenue of $106.12 million for the quarter, compared to the consensus estimate of $111.39 million. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. As a group, research analysts predict that Carriage Services, Inc. will post 3.45 earnings per share for the current fiscal year.

Carriage Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 4th were paid a dividend of $0.1125 per share. This represents a $0.45 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Monday, May 4th. Carriage Services’s dividend payout ratio is 16.30%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on CSV shares. Barrington Research restated an “outperform” rating and issued a $60.00 target price on shares of Carriage Services in a research note on Monday, April 27th. Weiss Ratings downgraded shares of Carriage Services from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 22nd. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $61.67.

Carriage Services Company 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.