The Carlyle Group (NASDAQ:CG) Shares Sold Off Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of The Carlyle Group Inc. (NASDAQ:CG). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in The Carlyle Group stock on April 17th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

The Carlyle Group Stock Performance

Shares of NASDAQ:CG opened at $42.04 on Friday. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 1.42. The Carlyle Group Inc. has a 12-month low of $33.02 and a 12-month high of $57.50. The company’s 50 day moving average price is $40.35 and its two-hundred day moving average price is $47.99. The firm has a market cap of $15.17 billion, a PE ratio of 15.12, a PEG ratio of 0.98 and a beta of 1.85.

The Carlyle Group (NASDAQ:CG) last announced its quarterly earnings data on Friday, May 9th. The financial services provider reported $1.14 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.17. The firm had revenue of $973.10 million during the quarter, compared to analysts’ expectations of $972.27 million. The Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.01 EPS. Equities research analysts predict that The Carlyle Group Inc. will post 4.48 earnings per share for the current year.

The Carlyle Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th will be given a $0.35 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.33%. The Carlyle Group’s payout ratio is presently 50.36%.

Analyst Upgrades and Downgrades

Several research analysts have commented on CG shares. Morgan Stanley lowered their target price on The Carlyle Group from $57.00 to $44.00 and set an “equal weight” rating for the company in a research note on Monday, April 14th. JMP Securities dropped their price target on The Carlyle Group from $62.00 to $58.00 and set a “market outperform” rating for the company in a research note on Tuesday, April 8th. Evercore ISI boosted their price objective on The Carlyle Group from $51.00 to $52.00 and gave the stock an “in-line” rating in a research report on Wednesday, February 12th. Barclays lifted their price target on The Carlyle Group from $43.00 to $49.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Citigroup decreased their price objective on The Carlyle Group from $55.00 to $39.00 and set a “neutral” rating for the company in a report on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, The Carlyle Group currently has a consensus rating of “Hold” and a consensus price target of $51.73.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of CG. Arizona State Retirement System raised its position in shares of The Carlyle Group by 0.3% during the fourth quarter. Arizona State Retirement System now owns 67,239 shares of the financial services provider’s stock worth $3,395,000 after purchasing an additional 220 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. raised its holdings in The Carlyle Group by 0.3% during the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 80,820 shares of the financial services provider’s stock worth $4,081,000 after buying an additional 225 shares during the last quarter. Aviva PLC lifted its stake in shares of The Carlyle Group by 1.3% in the fourth quarter. Aviva PLC now owns 17,408 shares of the financial services provider’s stock valued at $879,000 after buying an additional 227 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of The Carlyle Group by 0.6% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 46,607 shares of the financial services provider’s stock valued at $2,353,000 after buying an additional 258 shares during the last quarter. Finally, O ROURKE & COMPANY Inc increased its position in shares of The Carlyle Group by 1.5% during the fourth quarter. O ROURKE & COMPANY Inc now owns 17,990 shares of the financial services provider’s stock worth $908,000 after acquiring an additional 266 shares in the last quarter. Institutional investors and hedge funds own 55.88% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

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Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

The Carlyle Group Company Profile

The Carlyle Group Inc is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES.