Carlyle Group (NASDAQ:CG) Coverage Initiated by Analysts at Wells Fargo & Company

Posted by Brenda Bartman on Oct 3rd, 2026

Wells Fargo & Company started coverage on shares of Carlyle Group (NASDAQ:CG – Free Report) in a research note issued to investors on Friday morning, Marketbeat Ratings reports. The firm issued an equal weight rating and a $43.00 price objective on the financial services provider’s stock.

Several other analysts also recently weighed in on the company. BMO Capital Markets restated an “outperform” rating and issued a $52.00 price objective on shares of Carlyle Group in a report on Monday, July 13th. Barclays raised their target price on shares of Carlyle Group from $57.00 to $64.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Citigroup reaffirmed an “outperform” rating on shares of Carlyle Group in a research report on Thursday, August 6th. Weiss Ratings raised shares of Carlyle Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Finally, Piper Sandler initiated coverage on shares of Carlyle Group in a research note on Thursday, September 24th. They issued an “overweight” rating and a $54.00 price objective for the company. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $57.87.

Check Out Our Latest Report on Carlyle Group

Carlyle Group Stock Down 1.4%

Shares of NASDAQ CG opened at $39.82 on Friday. Carlyle Group has a 52-week low of $38.72 and a 52-week high of $67.30. The firm has a market capitalization of $14.19 billion, a price-to-earnings ratio of 41.48, a PEG ratio of 1.26 and a beta of 1.88. The stock has a 50 day moving average price of $45.43 and a 200 day moving average price of $46.06. The company has a debt-to-equity ratio of 1.91, a quick ratio of 2.35 and a current ratio of 2.35.

Carlyle Group (NASDAQ:CG – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $1.07 EPS for the quarter, topping the consensus estimate of $0.91 by $0.16. Carlyle Group had a return on equity of 22.52% and a net margin of 10.08%.The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $923.50 million. During the same period last year, the business posted $0.87 EPS. Carlyle Group’s quarterly revenue was down 28.6% on a year-over-year basis. Sell-side analysts expect that Carlyle Group will post 3.6 earnings per share for the current year.

Carlyle Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 26th. Stockholders of record on Monday, August 17th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Monday, August 17th. Carlyle Group’s dividend payout ratio (DPR) is currently 145.83%.

Insider Activity

In other news, Director David Rubenstein sold 400,000 shares of Carlyle Group stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $42.74, for a total value of $17,096,000.00. Following the transaction, the director owned 26,899,644 shares of the company’s stock, valued at $1,149,690,784.56. The trade was a 1.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 25.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Carlyle Group

Institutional investors and hedge funds have recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. raised its position in shares of Carlyle Group by 22.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 5,254 shares of the financial services provider’s stock valued at $221,000 after purchasing an additional 971 shares during the last quarter. National Pension Service increased its stake in Carlyle Group by 4.1% during the 2nd quarter. National Pension Service now owns 15,875 shares of the financial services provider’s stock valued at $668,000 after purchasing an additional 627 shares in the last quarter. GFG Capital LLC raised its holdings in shares of Carlyle Group by 4.3% in the second quarter. GFG Capital LLC now owns 51,942 shares of the financial services provider’s stock worth $2,187,000 after buying an additional 2,131 shares during the last quarter. Squarepoint Ops LLC lifted its stake in shares of Carlyle Group by 958.8% during the second quarter. Squarepoint Ops LLC now owns 495,608 shares of the financial services provider’s stock worth $20,870,000 after buying an additional 448,801 shares during the period. Finally, Arizona State Retirement System increased its position in shares of Carlyle Group by 17.5% in the 2nd quarter. Arizona State Retirement System now owns 75,075 shares of the financial services provider’s stock valued at $3,161,000 after acquiring an additional 11,190 shares during the period. 55.88% of the stock is owned by hedge funds and other institutional investors.

Carlyle Group Company Profile

(Get Free Report)

The Carlyle Group Inc is a global alternative asset management firm that invests across private equity, credit and investment solutions. The company manages funds and investment vehicles for institutional investors, private wealth clients and other investors, with strategies focused on private markets and long-term value creation.

Carlyle’s investment activities include corporate buyouts, growth capital, middle-market lending, structured credit, real assets and secondaries. Through its investment solutions business, the firm also provides access to private-market strategies and manages portfolios of private equity interests and other alternative investments.

Founded in 1987 by William E.