Barclays Cuts Carlyle Group (NASDAQ:CG) Price Target to $63.00

Carlyle Group (NASDAQ:CG) had its price objective trimmed by Barclays from $67.00 to $63.00 in a research report report published on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the financial services provider’s stock.

A number of other research firms have also commented on CG. Evercore set a $56.00 price target on Carlyle Group in a research report on Tuesday, April 21st. The Goldman Sachs Group cut their target price on Carlyle Group from $81.00 to $69.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. BMO Capital Markets cut their target price on Carlyle Group from $65.00 to $58.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 24th. Royal Bank Of Canada initiated coverage on Carlyle Group in a research report on Monday, February 23rd. They set an “outperform” rating and a $67.00 target price on the stock. Finally, Cfra lowered Carlyle Group to a “sell” rating and set a $45.00 target price on the stock. in a research report on Friday. Eight analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Carlyle Group has a consensus rating of “Hold” and an average target price of $62.80.

Carlyle Group Stock Performance

NASDAQ CG opened at $50.63 on Friday. The business’s 50-day moving average price is $48.97 and its two-hundred day moving average price is $54.56. Carlyle Group has a 12 month low of $41.52 and a 12 month high of $69.85. The firm has a market capitalization of $18.29 billion, a PE ratio of 34.68, a price-to-earnings-growth ratio of 1.15 and a beta of 1.89. The company has a current ratio of 2.55, a quick ratio of 2.33 and a debt-to-equity ratio of 1.92.

Carlyle Group (NASDAQ:CG) last released its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.02). Carlyle Group had a net margin of 13.46% and a return on equity of 20.95%. The company had revenue of $750.90 million during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the firm posted $1.14 EPS. The company’s quarterly revenue was down 28.0% on a year-over-year basis. On average, analysts expect that Carlyle Group will post 4.2 EPS for the current year.

Carlyle Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Monday, May 18th will be given a dividend of $0.35 per share. 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 dividend payout ratio is presently 95.89%.

Insider Transactions at Carlyle Group

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bernard Wealth Management Corp. bought a new position in Carlyle Group in the fourth quarter worth approximately $30,000. WFA of San Diego LLC bought a new position in Carlyle Group in the second quarter worth approximately $26,000. Quarry LP bought a new position in Carlyle Group in the third quarter worth approximately $33,000. Main Street Group LTD bought a new position in Carlyle Group in the first quarter worth approximately $27,000. Finally, Brown Brothers Harriman & Co. bought a new position in Carlyle Group in the third quarter worth approximately $41,000. Institutional investors own 55.88% of the company’s stock.

More 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

Carlyle Group Company Profile

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.