North Star Investment Management Corp. Has $1.83 Million Position in Carriage Services, Inc. $CSV

North Star Investment Management Corp. boosted its stake in shares of Carriage Services, Inc. (NYSE:CSV) by 207.7% in the first quarter, Holdings Channel reports. The firm owned 40,000 shares of the company’s stock after acquiring an additional 27,000 shares during the period. North Star Investment Management Corp.’s holdings in Carriage Services were worth $1,826,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in Carriage Services by 25.6% during the third quarter. JPMorgan Chase & Co. now owns 121,273 shares of the company’s stock valued at $5,401,000 after acquiring an additional 24,752 shares during the period. Punch & Associates Investment Management Inc. boosted its stake in Carriage Services by 16.7% during the 4th quarter. Punch & Associates Investment Management Inc. now owns 246,699 shares of the company’s stock valued at $10,435,000 after purchasing an additional 35,274 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in Carriage Services in the 3rd quarter valued at approximately $500,000. Quantbot Technologies LP acquired a new stake in Carriage Services in the 3rd quarter valued at approximately $484,000. Finally, Maven Securities LTD bought a new position in Carriage Services in the 4th quarter worth approximately $457,000. Institutional investors and hedge funds own 66.46% of the company’s stock.

Analysts Set New Price Targets

CSV has been the subject of a number of research analyst reports. Barrington Research reiterated an “outperform” rating and set a $60.00 price target on shares of Carriage Services in a report on Monday, April 27th. Weiss Ratings lowered shares of Carriage Services from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 22nd. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $61.67.

Carriage Services Stock Down 1.2%

NYSE CSV opened at $38.59 on Tuesday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.99 and a current ratio of 1.15. The firm has a 50-day simple moving average of $42.90 and a 200 day simple moving average of $43.54. Carriage Services, Inc. has a twelve month low of $37.11 and a twelve month high of $52.10. The stock has a market cap of $612.50 million, a PE ratio of 13.98, a PEG ratio of 0.75 and a beta of 0.83.

Carriage Services (NYSE:CSV) last released its earnings results on Wednesday, May 6th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.01. Carriage Services had a return on equity of 19.78% and a net margin of 10.58%.The business 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. On average, research analysts forecast that Carriage Services, Inc. will post 3.45 EPS for the current year.

Carriage Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 4th were given a $0.1125 dividend. This represents a $0.45 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Monday, May 4th. Carriage Services’s dividend payout ratio (DPR) is 16.30%.

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.