Fintel reports that on January 3, 2025, Wolfe Research upgraded their outlook for Carlyle Group (NasdaqGS:CG) from Peer Perform to Outperform.
Analyst Price Forecast Suggests 13.73% Upside
As of December 23, 2024, the average one-year price target for Carlyle Group is $57.69/share. The forecasts range from a low of $48.48 to a high of $89.25. The average price target represents an increase of 13.73% from its latest reported closing price of $50.73 / share.
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The projected annual revenue for Carlyle Group is 5,381MM, an increase of 16.06%. The projected annual non-GAAP EPS is 4.65.
What is the Fund Sentiment?
There are 949 funds or institutions reporting positions in Carlyle Group. This is an increase of 7 owner(s) or 0.74% in the last quarter. Average portfolio weight of all funds dedicated to CG is 0.22%, an increase of 0.37%. Total shares owned by institutions increased in the last three months by 3.82% to 268,859K shares. 
The put/call ratio of CG is 0.33, indicating a bullish outlook.
What are Other Shareholders Doing?
Capital World Investors holds 19,728K shares representing 5.52% ownership of the company. In its prior filing, the firm reported owning 20,045K shares , representing a decrease of 1.61%. The firm increased its portfolio allocation in CG by 0.35% over the last quarter.
AMECX - INCOME FUND OF AMERICA holds 13,610K shares representing 3.81% ownership of the company. No change in the last quarter.
William Blair Investment Management holds 11,476K shares representing 3.21% ownership of the company. In its prior filing, the firm reported owning 11,545K shares , representing a decrease of 0.60%. The firm increased its portfolio allocation in CG by 0.26% over the last quarter.
Alkeon Capital Management holds 8,240K shares representing 2.30% ownership of the company. In its prior filing, the firm reported owning 8,246K shares , representing a decrease of 0.07%. The firm increased its portfolio allocation in CG by 12.02% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 7,327K shares representing 2.05% ownership of the company. In its prior filing, the firm reported owning 7,436K shares , representing a decrease of 1.49%. The firm decreased its portfolio allocation in CG by 0.75% over the last quarter.
Carlyle Group Inc Background Information
(This description is provided by the company.)
The Carlyle Group is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $230 billion of assets under management as of September 30, 2020, Carlyle's purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 1,800 people in 30 offices across six continents.
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