Rivernorth Capital Management LLC Cuts Position in Carlyle Secured Lending, Inc. $CGBD

Posted by Brenda Bartman on Jul 29th, 2026

Rivernorth Capital Management LLC lowered its holdings in shares of Carlyle Secured Lending, Inc. (NASDAQ:CGBD – Free Report) by 33.1% during the first quarter, HoldingsChannel.com reports. The firm owned 1,272,507 shares of the company’s stock after selling 628,221 shares during the period. Rivernorth Capital Management LLC’s holdings in Carlyle Secured Lending were worth $13,921,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Transcend Capital Advisors LLC lifted its position in shares of Carlyle Secured Lending by 2.8% during the 4th quarter. Transcend Capital Advisors LLC now owns 29,451 shares of the company’s stock valued at $368,000 after buying an additional 805 shares in the last quarter. Mackenzie Financial Corp lifted its holdings in Carlyle Secured Lending by 3.2% during the fourth quarter. Mackenzie Financial Corp now owns 27,466 shares of the company’s stock valued at $348,000 after purchasing an additional 857 shares in the last quarter. Advisory Research Inc. increased its stake in shares of Carlyle Secured Lending by 9.2% during the third quarter. Advisory Research Inc. now owns 11,340 shares of the company’s stock worth $142,000 after purchasing an additional 953 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Carlyle Secured Lending by 71.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,630 shares of the company’s stock worth $36,000 after purchasing an additional 1,100 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in Carlyle Secured Lending by 3.3% in the 4th quarter. Sunbelt Securities Inc. now owns 34,182 shares of the company’s stock valued at $427,000 after buying an additional 1,100 shares in the last quarter. 24.51% of the stock is currently owned by hedge funds and other institutional investors.

Carlyle Secured Lending Stock Up 1.3%

Shares of CGBD opened at $10.34 on Wednesday. The stock has a fifty day simple moving average of $10.67 and a two-hundred day simple moving average of $11.29. The company has a market capitalization of $718.63 million, a PE ratio of 14.56 and a beta of 0.62. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 1.24. Carlyle Secured Lending, Inc. has a 52-week low of $9.98 and a 52-week high of $14.25.

Carlyle Secured Lending (NASDAQ:CGBD – Get Free Report) last posted its earnings results on Monday, May 11th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.01. Carlyle Secured Lending had a return on equity of 8.99% and a net margin of 19.52%.The company had revenue of $64.08 million during the quarter, compared to analysts’ expectations of $65.78 million. As a group, equities analysts forecast that Carlyle Secured Lending, Inc. will post 1.35 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Wells Fargo & Company reduced their target price on Carlyle Secured Lending from $13.00 to $12.00 and set an “overweight” rating for the company in a report on Wednesday, May 13th. B. Riley Financial restated a “buy” rating on shares of Carlyle Secured Lending in a report on Tuesday, May 12th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $12.50.

Read Our Latest Research Report on CGBD

About Carlyle Secured Lending

(Free Report)

Carlyle Secured Lending, Inc (NASDAQ: CGBD) is a closed-end, non-diversified business development company that provides customized debt financing solutions to middle-market companies. Chartered under the Investment Company Act of 1940, the company invests primarily in floating-rate senior secured loans, including first-lien, unitranche and one-stop structures. Its objective is to generate current income and capital appreciation through disciplined credit selection and active portfolio management.

The firm focuses on U.S.