Zacks Research Issues Pessimistic Outlook for TROW Earnings

T. Rowe Price Group, Inc. (NASDAQ:TROW) – Equities researchers at Zacks Research dropped their Q1 2025 EPS estimates for shares of T. Rowe Price Group in a note issued to investors on Monday, April 14th. Zacks Research analyst R. Department now expects that the asset manager will post earnings of $2.09 per share for the quarter, down from their previous forecast of $2.15. The consensus estimate for T. Rowe Price Group’s current full-year earnings is $9.29 per share. Zacks Research also issued estimates for T. Rowe Price Group’s Q2 2025 earnings at $2.05 EPS, Q3 2025 earnings at $2.17 EPS, Q4 2025 earnings at $2.05 EPS, Q1 2026 earnings at $2.07 EPS and Q2 2026 earnings at $2.09 EPS.

T. Rowe Price Group (NASDAQ:TROW) last announced its earnings results on Wednesday, February 5th. The asset manager reported $2.12 earnings per share for the quarter, missing the consensus estimate of $2.20 by ($0.08). T. Rowe Price Group had a net margin of 29.61% and a return on equity of 20.83%. During the same period last year, the company earned $1.72 EPS.

TROW has been the subject of a number of other research reports. Barclays decreased their price target on shares of T. Rowe Price Group from $113.00 to $105.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. Bank of America decreased their price objective on shares of T. Rowe Price Group from $90.00 to $85.00 and set an “underperform” rating for the company in a report on Thursday, April 3rd. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $113.00 target price (up previously from $111.00) on shares of T. Rowe Price Group in a research note on Thursday, February 6th. Citigroup reduced their price target on shares of T. Rowe Price Group from $100.00 to $95.00 and set a “neutral” rating on the stock in a research report on Monday. Finally, Evercore ISI cut their price objective on T. Rowe Price Group from $104.00 to $80.00 and set an “in-line” rating on the stock in a research note on Friday, April 11th. Four investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $100.09.

T. Rowe Price Group Stock Down 1.9 %

Shares of NASDAQ TROW opened at $87.58 on Tuesday. T. Rowe Price Group has a fifty-two week low of $77.85 and a fifty-two week high of $125.81. The business has a 50 day moving average price of $97.08 and a two-hundred day moving average price of $108.87. The firm has a market cap of $19.46 billion, a PE ratio of 9.56, a price-to-earnings-growth ratio of 2.86 and a beta of 1.50.

T. Rowe Price Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a $1.27 dividend. This represents a $5.08 dividend on an annualized basis and a dividend yield of 5.80%. The ex-dividend date of this dividend was Friday, March 14th. This is a boost from T. Rowe Price Group’s previous quarterly dividend of $1.24. T. Rowe Price Group’s dividend payout ratio (DPR) is 55.46%.

Insider Activity at T. Rowe Price Group

In other T. Rowe Price Group news, Director Robert F. Maclellan sold 3,955 shares of T. Rowe Price Group stock in a transaction on Monday, March 31st. The stock was sold at an average price of $91.56, for a total transaction of $362,119.80. Following the sale, the director now owns 42,979 shares of the company’s stock, valued at $3,935,157.24. The trade was a 8.43 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Arif Husain sold 4,112 shares of the business’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $109.27, for a total value of $449,318.24. Following the transaction, the vice president now owns 36,800 shares of the company’s stock, valued at $4,021,136. This trade represents a 10.05 % decrease in their position. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by insiders.

Institutional Trading of T. Rowe Price Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Addison Advisors LLC raised its holdings in T. Rowe Price Group by 67.4% during the fourth quarter. Addison Advisors LLC now owns 231 shares of the asset manager’s stock worth $26,000 after purchasing an additional 93 shares in the last quarter. Curio Wealth LLC acquired a new position in shares of T. Rowe Price Group during the 4th quarter valued at $27,000. Y.D. More Investments Ltd raised its stake in shares of T. Rowe Price Group by 124.0% in the 4th quarter. Y.D. More Investments Ltd now owns 280 shares of the asset manager’s stock worth $32,000 after buying an additional 155 shares in the last quarter. Stonebridge Financial Group LLC acquired a new stake in shares of T. Rowe Price Group in the fourth quarter valued at $32,000. Finally, Advantage Trust Co boosted its stake in T. Rowe Price Group by 48.8% during the fourth quarter. Advantage Trust Co now owns 305 shares of the asset manager’s stock valued at $34,000 after buying an additional 100 shares in the last quarter. 73.39% of the stock is currently owned by institutional investors.

About T. Rowe Price Group

T. Rowe Price Group, Inc is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe.