Carlyle Group Inc. $CG Stake Boosted by Beutel Goodman & Co Ltd.

Posted by Brenda Bartman on Nov 10th, 2026

Beutel Goodman & Co Ltd. lifted its holdings in shares of Carlyle Group Inc. (NASDAQ:CG – Free Report) by 52.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,935,909 shares of the financial services provider’s stock after buying an additional 665,850 shares during the period. Beutel Goodman & Co Ltd.’s holdings in Carlyle Group were worth $76,778,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. MassMutual Private Wealth & Trust FSB grew its holdings in Carlyle Group by 36.6% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 962 shares of the financial services provider’s stock worth $41,000 after acquiring an additional 258 shares during the period. MGO One Seven LLC raised its position in Carlyle Group by 4.3% in the third quarter. MGO One Seven LLC now owns 6,904 shares of the financial services provider’s stock worth $274,000 after acquiring an additional 283 shares in the last quarter. Wedmont Private Capital lifted its holdings in Carlyle Group by 4.1% in the second quarter. Wedmont Private Capital now owns 7,433 shares of the financial services provider’s stock valued at $332,000 after acquiring an additional 295 shares during the period. Retirement Planning Co of New England Inc. lifted its holdings in Carlyle Group by 2.9% in the third quarter. Retirement Planning Co of New England Inc. now owns 11,287 shares of the financial services provider’s stock valued at $448,000 after acquiring an additional 316 shares during the period. Finally, Arkadios Wealth Advisors boosted its position in shares of Carlyle Group by 1.8% during the 1st quarter. Arkadios Wealth Advisors now owns 18,621 shares of the financial services provider’s stock worth $901,000 after purchasing an additional 332 shares in the last quarter. 55.88% of the stock is owned by institutional investors and hedge funds.

Carlyle Group Price Performance

Shares of NASDAQ CG opened at $42.31 on Tuesday. The stock has a market cap of $15.08 billion, a price-to-earnings ratio of 45.01, a PEG ratio of 1.37 and a beta of 1.84. Carlyle Group Inc. has a 52 week low of $35.41 and a 52 week high of $67.30. The company’s 50-day moving average price is $40.51 and its 200 day moving average price is $46.65. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 1.91.

Carlyle Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 23rd. Shareholders of record on Monday, November 16th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Monday, November 16th. Carlyle Group’s dividend payout ratio is 148.94%.

Insider Activity

In other news, Director David Rubenstein sold 400,000 shares of the 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 sale, the director directly owned 26,899,644 shares in the company, valued at $1,149,690,784.56. This represents a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 25.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods upped their price target on shares of Carlyle Group from $47.00 to $50.00 and gave the stock a “market perform” rating in a research note on Thursday, August 6th. Barclays reduced their price objective on shares of Carlyle Group from $53.00 to $48.00 and set an “overweight” rating for the company in a research note on Friday. Citizens Jmp raised their price objective on shares of Carlyle Group from $70.00 to $73.00 and gave the company a “market outperform” rating in a research note on Thursday, August 6th. TD Cowen decreased their price objective on shares of Carlyle Group from $54.00 to $42.00 and set a “hold” rating on the stock in a report on Monday, October 12th. Finally, Evercore set a $42.00 target price on shares of Carlyle Group in a research report on Friday. Eight research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $51.93.

View Our Latest Analysis on Carlyle Group

About Carlyle Group

(Free Report)

The Carlyle Group Inc is a global alternative asset manager that invests on behalf of institutional and individual clients. Its business includes private equity, credit and investment solutions, including portfolios of private equity funds and related investments.

Founded in Washington, DC, in 1987, Carlyle has grown into an international firm with investment activities and offices across North America, Europe and Asia, among other regions. Its strategies span a range of industries and markets, and it works with businesses at different stages of development.

Harvey Schwartz became Carlyle’s chief executive officer in 2023.