Q1 EPS Forecast for T. Rowe Price Group Increased by Analyst

T. Rowe Price Group, Inc. (NASDAQ:TROW) – Stock analysts at Zacks Research lifted their Q1 2026 earnings per share (EPS) estimates for shares of T. Rowe Price Group in a research note issued to investors on Tuesday, June 10th. Zacks Research analyst R. Department now expects that the asset manager will post earnings per share of $2.07 for the quarter, up from their prior estimate of $2.05. 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 2026 earnings at $2.07 EPS, FY2026 earnings at $8.46 EPS and FY2027 earnings at $8.84 EPS.

T. Rowe Price Group (NASDAQ:TROW) last announced its quarterly earnings data on Friday, May 2nd. The asset manager reported $2.23 EPS for the quarter, beating analysts’ consensus estimates of $2.13 by $0.10. The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.80 billion. T. Rowe Price Group had a return on equity of 20.83% and a net margin of 29.61%. The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same period last year, the company earned $2.38 EPS.

Other research analysts have also issued reports about the company. TD Cowen decreased their price objective on T. Rowe Price Group from $112.00 to $89.00 and set a “hold” rating on the stock in a research report on Wednesday, April 9th. The Goldman Sachs Group reduced their price target on T. Rowe Price Group from $89.00 to $80.00 and set a “sell” rating on the stock in a research report on Monday, April 14th. JPMorgan Chase & Co. reduced their price target on T. Rowe Price Group from $110.00 to $90.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 16th. Evercore ISI reduced their price target on T. Rowe Price Group from $104.00 to $80.00 and set an “in-line” rating on the stock in a research report on Friday, April 11th. Finally, Cowen restated a “hold” rating on shares of T. Rowe Price Group in a research report on Monday, May 5th. Four equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $94.09.

T. Rowe Price Group Stock Performance

Shares of TROW opened at $91.58 on Friday. The firm has a market capitalization of $20.18 billion, a price-to-earnings ratio of 10.00, a PEG ratio of 2.86 and a beta of 1.49. The business’s fifty day moving average price is $91.66 and its two-hundred day moving average price is $102.59. T. Rowe Price Group has a 52 week low of $77.85 and a 52 week high of $125.81.

T. Rowe Price Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be paid a dividend of $1.27 per share. This represents a $5.08 annualized dividend and a yield of 5.55%. The ex-dividend date is Friday, June 13th. T. Rowe Price Group’s payout ratio is presently 57.60%.

Insider Buying and Selling

In other T. Rowe Price Group news, insider Jessica M. Hiebler sold 968 shares of T. Rowe Price Group stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $96.98, for a total value of $93,876.64. Following the sale, the insider now owns 13,611 shares of the company’s stock, valued at $1,319,994.78. This trade represents a 6.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Robert F. Maclellan sold 3,955 shares of T. Rowe Price Group stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $91.56, for a total value of $362,119.80. Following the completion of the sale, the director now directly owns 42,979 shares in the company, valued at $3,935,157.24. This represents a 8.43% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 6,923 shares of company stock valued at $646,856. 2.00% of the stock is owned by company insiders.

Institutional Trading of T. Rowe Price Group

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of T. Rowe Price Group by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 26,286,393 shares of the asset manager’s stock valued at $2,414,931,000 after purchasing an additional 222,556 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of T. Rowe Price Group by 7.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 7,706,251 shares of the asset manager’s stock valued at $707,973,000 after acquiring an additional 519,075 shares during the last quarter. Fayez Sarofim & Co increased its position in shares of T. Rowe Price Group by 7.6% in the fourth quarter. Fayez Sarofim & Co now owns 6,052,469 shares of the asset manager’s stock valued at $684,474,000 after acquiring an additional 425,142 shares during the last quarter. Geode Capital Management LLC increased its position in shares of T. Rowe Price Group by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 5,631,429 shares of the asset manager’s stock valued at $635,260,000 after acquiring an additional 116,231 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of T. Rowe Price Group by 43.2% in the first quarter. Invesco Ltd. now owns 3,433,684 shares of the asset manager’s stock valued at $315,453,000 after acquiring an additional 1,035,865 shares during the last quarter. Institutional investors and hedge funds own 73.39% of the company’s stock.

T. Rowe Price Group Company Profile

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.