Wesbanco Bank Inc. Has $9.34 Million Stock Holdings in Carlyle Group Inc. $CG

Wesbanco Bank Inc. increased its stake in shares of Carlyle Group Inc. (NASDAQ:CG) by 11.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,018 shares of the financial services provider’s stock after purchasing an additional 15,618 shares during the quarter. Wesbanco Bank Inc.’s holdings in Carlyle Group were worth $9,340,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CG. State Street Corp increased its position in Carlyle Group by 20.9% in the 3rd quarter. State Street Corp now owns 9,942,135 shares of the financial services provider’s stock valued at $623,372,000 after acquiring an additional 1,720,483 shares during the period. Balyasny Asset Management L.P. acquired a new position in Carlyle Group in the 3rd quarter valued at approximately $75,612,000. Vanguard Group Inc. boosted its stake in shares of Carlyle Group by 3.7% in the 4th quarter. Vanguard Group Inc. now owns 26,368,246 shares of the financial services provider’s stock valued at $1,558,627,000 after purchasing an additional 934,237 shares during the last quarter. Moore Capital Management LP bought a new stake in shares of Carlyle Group in the 3rd quarter valued at $42,014,000. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Carlyle Group by 6.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 7,618,075 shares of the financial services provider’s stock valued at $477,653,000 after purchasing an additional 479,216 shares during the last quarter. 55.88% of the stock is currently owned by institutional investors and hedge funds.

Carlyle Group Stock Performance

NASDAQ CG opened at $50.63 on Friday. Carlyle Group Inc. has a 52-week low of $41.52 and a 52-week high of $69.85. The company has a 50-day simple moving average of $48.97 and a 200 day simple moving average of $54.56. The company has a debt-to-equity ratio of 1.92, a quick ratio of 2.33 and a current ratio of 2.55. The company has a market capitalization of $18.29 billion, a PE ratio of 34.68, a price-to-earnings-growth ratio of 1.09 and a beta of 1.89.

Carlyle Group (NASDAQ:CG) last posted its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.02). Carlyle Group had a return on equity of 20.95% and a net margin of 13.46%.The company had revenue of $750.90 million for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter last year, the business posted $1.14 EPS. The business’s quarterly revenue was down 28.0% on a year-over-year basis. On average, research analysts predict that Carlyle Group Inc. will post 4.3 EPS for the current year.

Carlyle Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Monday, May 18th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, May 18th. Carlyle Group’s dividend payout ratio (DPR) is 64.22%.

Analyst Ratings Changes

Several brokerages recently issued reports on CG. The Goldman Sachs Group cut their target price on shares of Carlyle Group from $81.00 to $69.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. UBS Group lowered their price objective on shares of Carlyle Group from $81.00 to $65.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Carlyle Group in a report on Wednesday, January 21st. JPMorgan Chase & Co. lowered their target price on shares of Carlyle Group from $66.00 to $63.00 and set a “neutral” rating for the company in a report on Friday. Finally, Wall Street Zen upgraded shares of Carlyle Group from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Eight research 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’s stock. According to data from MarketBeat.com, Carlyle Group has a consensus rating of “Hold” and an average price target of $62.80.

Insider Transactions at Carlyle Group

In other Carlyle Group news, Director David M. Rubenstein sold 500,000 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $46.68, for a total transaction of $23,340,000.00. Following the completion of the transaction, the director owned 27,399,644 shares in the company, valued at $1,279,015,381.92. This trade represents a 1.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 26.30% 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 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.