Wesbanco Bank Inc. Buys 15,618 Shares of Carlyle Group Inc. $CG

Wesbanco Bank Inc. lifted its stake in Carlyle Group Inc. (NASDAQ:CG) by 11.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 158,018 shares of the financial services provider’s stock after buying an additional 15,618 shares during the period. Wesbanco Bank Inc.’s holdings in Carlyle Group were worth $9,340,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. DMC Group LLC raised its position in Carlyle Group by 2.5% in the fourth quarter. DMC Group LLC now owns 6,762 shares of the financial services provider’s stock worth $400,000 after purchasing an additional 168 shares in the last quarter. Larson Financial Group LLC increased its stake in shares of Carlyle Group by 6.0% during the 3rd quarter. Larson Financial Group LLC now owns 3,483 shares of the financial services provider’s stock worth $218,000 after purchasing an additional 196 shares during the last quarter. Robertson Stephens Wealth Management LLC boosted its holdings in shares of Carlyle Group by 3.1% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 6,595 shares of the financial services provider’s stock worth $390,000 after buying an additional 199 shares during the period. Savant Capital LLC boosted its holdings in shares of Carlyle Group by 3.4% during the 3rd quarter. Savant Capital LLC now owns 7,888 shares of the financial services provider’s stock worth $495,000 after buying an additional 263 shares during the period. Finally, HB Wealth Management LLC boosted its holdings in shares of Carlyle Group by 2.6% during the 4th quarter. HB Wealth Management LLC now owns 12,226 shares of the financial services provider’s stock worth $723,000 after buying an additional 310 shares during the period. Institutional investors and hedge funds own 55.88% of the company’s stock.

Key Carlyle Group News

Here are the key news stories impacting Carlyle Group this week:

• Positive Sentiment: Carlyle announced a quarterly dividend of $0.35 per share, signaling continued shareholder returns and implying an annualized yield of about 2.8%. The dividend may help support investor sentiment. Dividend announcement source
• Positive Sentiment: Barclays kept an “overweight” rating on Carlyle while trimming its price target to $63 from $67, suggesting analysts still see meaningful upside despite the weaker quarter. Barclays price target update
• Positive Sentiment: Carlyle also announced an expansion into AI-driven healthcare revenue cycle management, which may reinforce its growth and diversification narrative over time. AI healthcare expansion article
• Positive Sentiment: The firm’s partnership with Diversified Energy on a $1.2 billion Oklahoma oil and gas acquisition highlights Carlyle’s ability to deploy capital in structured deals, which may appeal to investors focused on private credit and asset-backed financing. Diversified Energy partnership article

Wall Street Analysts Forecast Growth

Several analysts recently commented on CG shares. Morgan Stanley reduced their target price on shares of Carlyle Group from $71.00 to $66.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. The Goldman Sachs Group reduced their target price on shares of Carlyle Group from $81.00 to $69.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. UBS Group reduced their target price on shares of Carlyle Group from $81.00 to $65.00 and set a “buy” rating for the company in a report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Carlyle Group in a report on Wednesday, January 21st. Finally, BMO Capital Markets reduced their target price on shares of Carlyle Group from $65.00 to $58.00 and set an “outperform” rating for the company in a report on Tuesday, March 24th. Eight investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $62.80.

Insider Activity at Carlyle Group

In other news, Director David M. Rubenstein sold 500,000 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $46.68, for a total value of $23,340,000.00. Following the completion of the transaction, the director directly owned 27,399,644 shares in the company, valued at approximately $1,279,015,381.92. The trade was a 1.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 26.30% of the company’s stock.

Carlyle Group Stock Performance

NASDAQ CG opened at $50.63 on Friday. The company has a quick ratio of 2.33, a current ratio of 2.55 and a debt-to-equity ratio of 1.92. The company has a market capitalization of $18.29 billion, a P/E ratio of 34.68, a P/E/G ratio of 1.09 and a beta of 1.89. Carlyle Group Inc. has a 12-month low of $41.52 and a 12-month high of $69.85. The firm has a 50-day moving average price of $48.97 and a two-hundred day moving average price of $54.56.

Carlyle Group (NASDAQ:CG) last issued its earnings results on Wednesday, May 6th. The financial services provider reported $0.89 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.02). The firm had revenue of $750.90 million during the quarter, compared to analyst estimates of $1.01 billion. Carlyle Group had a net margin of 13.46% and a return on equity of 20.95%. Carlyle Group’s quarterly revenue was down 28.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.14 earnings per share. Analysts anticipate that Carlyle Group Inc. will post 4.3 earnings per share for the current year.

Carlyle Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Monday, May 18th will be given a $0.35 dividend. The ex-dividend date is Monday, May 18th. This represents a $1.40 annualized dividend and a dividend yield of 2.8%. Carlyle Group’s payout ratio is presently 64.22%.

About Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager that invests across a range of strategies including private equity, real assets (such as real estate and infrastructure), global credit, and investment solutions. Founded in 1987 and headquartered in Washington, DC, Carlyle raises and manages investment funds that acquire, operate and exit companies and assets on behalf of institutional and private investors. The firm is publicly traded on the Nasdaq exchange and operates as an asset manager and investment advisor rather than as an operating company.

Carlyle’s core activities include sourcing and executing private equity buyouts and growth investments, originating and managing credit and financing solutions, and acquiring and operating real asset portfolios.