Why Carlyle Group Shares Are Diving Today
Carlyle Group's Sale of Cogentrix Energy: Carlyle Group is selling Cogentrix Energy to Quantum Capital for approximately $3 billion, which includes 5.3 gigawatts of natural gas-fired power plants. The deal is pending regulatory approvals and is expected to close between late 2024 and early 2025.
Financial Performance Update: In Q2 FY24, Carlyle reported an adjusted EPS of $0.78, missing expectations, along with total segment revenues of $788 million, also below consensus. Despite a decline in net accrued performance revenues, fee-related earnings increased by 32% year-over-year.
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KKR Bets On Sustainable Protein Demand With ProTen Investment In Australia
KKR's Acquisition of ProTen: KKR & Co. Inc. has agreed to acquire ProTen Pty Limited, a significant player in Australia's poultry farming infrastructure, from Aware Super, aiming to enhance its investments in the agricultural sector and support ProTen's expansion.
Investment and Market Impact: The deal, which is pending regulatory approval, will be funded through KKR’s Asia Pacific Infrastructure Investors II Fund, reflecting KKR's growing presence in the region and the increasing demand for sustainable protein sources in Australia.
Loeb's Third Point Boosts Apollo Stake 275%, Soho House 121% In Q1 Bet
Dan Loeb's Investment Moves: Activist investor Dan Loeb has significantly increased his stakes in Apollo Global Management and Soho House, raising his investment in Apollo from 400,000 to 1.5 million shares (a 275% increase) and in Soho House from 2.35 million to 5.2 million shares (a 121% increase) in the first quarter of 2025.
Company Performance Updates: Apollo Global Management reported a mixed performance with adjusted EPS falling short of estimates but exceeding sales expectations, while Soho House slightly exceeded sales forecasts despite a year-to-date decline in share prices for both companies.
Are Wall Street Analysts Bullish on Blackstone Stock?
Blackstone's Performance: Blackstone Inc. has shown strong performance with a market cap of $97.8 billion, achieving a 12.1% stock surge over the past year despite a 21% decline year-to-date; its assets under management reached a record $1.2 trillion following impressive Q1 results.
Analyst Ratings and Future Outlook: The stock holds a "Moderate Buy" consensus rating from analysts, with a mean price target of $145.86 indicating potential upside, while expectations for fiscal 2025 project a 4.1% growth in distributable earnings per share.
TPG Boosts Digital Infrastructure Portfolio With $660 Million Peppertree Acquisition
TPG's Acquisition Deal: TPG Inc. announced a deal to acquire Peppertree Capital Management for up to $660 million, combining cash and equity, with potential earnout payments based on future performance. The transaction is expected to enhance TPG's capabilities in wireless communication infrastructure and is anticipated to close in Q3 2025.
Stock Performance: Following the announcement, TPG shares fell by 1.28% to $45.60, while the company also plans to acquire AvidXchange Holdings for $2.2 billion and will release its first-quarter earnings on May 7, 2025.
Is Wall Street Bullish or Bearish on Apollo Global Management Stock?
Company Overview and Performance: Apollo Global Management, valued at $77.2 billion, has outperformed the market over the past year but faced an 18% decline in 2025, with disappointing Q1 results leading to a 1.8% drop in stock prices due to significant investment-related losses.
Analyst Outlook: Despite recent underperformance, analysts maintain a "Strong Buy" consensus on APO, with a mean price target suggesting a potential upside of 15.5% from current levels, while UBS analyst lowered the price target to $155.
Blackstone Beats Q1 Estimates, AUM Climbs to $1.17 Trillion, Inflows Hit 3-Year High
Financial Performance: Blackstone Inc reported strong first-quarter results with revenues of $2.763 billion, an 8% increase year-over-year, and distributable earnings rising 11% to $1.41 billion, exceeding expectations. The company also saw a significant inflow of $61.6 billion, the highest in nearly three years.
Strategic Positioning: CEO Stephen A. Schwarzman highlighted Blackstone's resilience in turbulent markets, emphasizing their $177 billion in dry powder for investment and a robust capital-light business model, while announcing a quarterly dividend of $0.93 per share.
KKR Bets On Sustainable Protein Demand With ProTen Investment In Australia
KKR's Acquisition of ProTen: KKR & Co. Inc. has agreed to acquire ProTen Pty Limited, a significant player in Australia's poultry farming infrastructure, from Aware Super, aiming to enhance its investments in the agricultural sector and support ProTen's expansion.
Investment and Market Impact: The deal, which is pending regulatory approval, will be funded through KKR’s Asia Pacific Infrastructure Investors II Fund, reflecting KKR's growing presence in the region and the increasing demand for sustainable protein sources in Australia.
Loeb's Third Point Boosts Apollo Stake 275%, Soho House 121% In Q1 Bet
Dan Loeb's Investment Moves: Activist investor Dan Loeb has significantly increased his stakes in Apollo Global Management and Soho House, raising his investment in Apollo from 400,000 to 1.5 million shares (a 275% increase) and in Soho House from 2.35 million to 5.2 million shares (a 121% increase) in the first quarter of 2025.
Company Performance Updates: Apollo Global Management reported a mixed performance with adjusted EPS falling short of estimates but exceeding sales expectations, while Soho House slightly exceeded sales forecasts despite a year-to-date decline in share prices for both companies.
Are Wall Street Analysts Bullish on Blackstone Stock?
Blackstone's Performance: Blackstone Inc. has shown strong performance with a market cap of $97.8 billion, achieving a 12.1% stock surge over the past year despite a 21% decline year-to-date; its assets under management reached a record $1.2 trillion following impressive Q1 results.
Analyst Ratings and Future Outlook: The stock holds a "Moderate Buy" consensus rating from analysts, with a mean price target of $145.86 indicating potential upside, while expectations for fiscal 2025 project a 4.1% growth in distributable earnings per share.
TPG Boosts Digital Infrastructure Portfolio With $660 Million Peppertree Acquisition
TPG's Acquisition Deal: TPG Inc. announced a deal to acquire Peppertree Capital Management for up to $660 million, combining cash and equity, with potential earnout payments based on future performance. The transaction is expected to enhance TPG's capabilities in wireless communication infrastructure and is anticipated to close in Q3 2025.
Stock Performance: Following the announcement, TPG shares fell by 1.28% to $45.60, while the company also plans to acquire AvidXchange Holdings for $2.2 billion and will release its first-quarter earnings on May 7, 2025.
Is Wall Street Bullish or Bearish on Apollo Global Management Stock?
Company Overview and Performance: Apollo Global Management, valued at $77.2 billion, has outperformed the market over the past year but faced an 18% decline in 2025, with disappointing Q1 results leading to a 1.8% drop in stock prices due to significant investment-related losses.
Analyst Outlook: Despite recent underperformance, analysts maintain a "Strong Buy" consensus on APO, with a mean price target suggesting a potential upside of 15.5% from current levels, while UBS analyst lowered the price target to $155.
Blackstone Beats Q1 Estimates, AUM Climbs to $1.17 Trillion, Inflows Hit 3-Year High
Financial Performance: Blackstone Inc reported strong first-quarter results with revenues of $2.763 billion, an 8% increase year-over-year, and distributable earnings rising 11% to $1.41 billion, exceeding expectations. The company also saw a significant inflow of $61.6 billion, the highest in nearly three years.
Strategic Positioning: CEO Stephen A. Schwarzman highlighted Blackstone's resilience in turbulent markets, emphasizing their $177 billion in dry powder for investment and a robust capital-light business model, while announcing a quarterly dividend of $0.93 per share.
