SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Amendment No. 2) Under the Securities Exchange Act of 1934 Carriage Services, Inc. ----------------------- (Name of Issuer) Common Stock ------------ (Title of Class of Securities) 143905-10-7 -------------- (CUSIP Number) December 31, 2004 ----------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |X| Rule 13d-1(c) |_| Rule 13d-1(d) The information required in the remained of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act. CUSIP No.: 143905-10-7 ----------- 1. Name of Reporting Persons / I.R.S. Identification No. of Above Persons: Keane Capital Management, Inc. / 56-2042379 -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) |_| (b) |_| -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization North Carolina -------------------------------------------------------------------------------- Number of 5. Sole Voting Power Shares ----------------------------------------------------- Beneficially 6. Shared Voting Power Owned by ----------------------------------------------------- Each Reporting 7. Sole Dispositive Power Person With ----------------------------------------------------- 8. Shared Dispositive Power -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) -------------------------------------------------------------------------------- 12. Type of Reporting Person CO -------------------------------------------------------------------------------- CUSIP No.: 143905-10-7 ----------- Item 1(a) Name of Issuer: Carriage Services, Inc. ITEM 1(b) Address of Issuer's Principal Executive Offices: 1300 Post Oak Boulevard, Houston, Texas 77056 -------------------------------------------------------------------------------- ITEM 2(a) Name of Person Filing: Keane Capital Management, Inc. -------------------------------------------------------------------------------- ITEM 2(b) Address of Principal Business Office or, if none, Residence: 3420 Toringdon Way, Suite 350, Charlotte, North Carolina 28277 -------------------------------------------------------------------------------- ITEM 2(c) Citizenship: Keane Capital Management, Inc. is a North Carolina corporation -------------------------------------------------------------------------------- ITEM 2(d) Title of Class of Securities: Common Stock -------------------------------------------------------------------------------- ITEM 2(e) CUSIP Number: 143905-10-7 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or Dealer registered under Section 15 of the Exchange Act; (b) [ ] Bank as defined in section 3(a)(6) of the Exchange Act; (c) [ ] Insurance Company as defined in section 3(a)(19) of the Exchange Act; (d) [ ] Investment Company registered under Section 8 of the Investment Company Act; (e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(5) Not applicable. ITEM 4. OWNERSHIP. (a) Amount beneficially owned: -------------------------------------------------------------------------- (b) Percent of Class: -------------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote -------------------------------------------------------------- (ii) Shared power to vote or to direct the vote -------------------------------------------------------------- (iii) Sole power to dispose or to direct the disposition of -------------------------------------------------------------- (iv) shared power to dispose or to direct the disposition of -------------------------------------------------------------- ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: |X| ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not Applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON THE PARENT HOLDING COMPANY OR CONTROL PERSON. Not Applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not Applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not Applicable. ITEM 10. CERTIFICATIONS. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 14, 2005 KEANE CAPITAL MANAGEMENT, INC. By: /s/ Peter L. Keane -------------------------- Peter L. Keane President