T. Rowe Price Group Target of Unusually Large Options Trading (NASDAQ:TROW)

T. Rowe Price Group, Inc. (NASDAQ:TROW) saw unusually large options trading on Wednesday. Stock investors acquired 2,489 put options on the stock. This is an increase of 77% compared to the average volume of 1,403 put options.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on TROW. Citigroup raised their price objective on shares of T. Rowe Price Group from $105.00 to $107.00 in a research report on Monday, November 3rd. Barclays dropped their price target on shares of T. Rowe Price Group from $102.00 to $101.00 and set an “underweight” rating on the stock in a research note on Thursday, January 15th. Zacks Research lowered shares of T. Rowe Price Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Evercore ISI upped their price objective on shares of T. Rowe Price Group from $115.00 to $116.00 in a report on Monday, January 12th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of T. Rowe Price Group in a research report on Monday, December 29th. Eleven investment analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $106.92.

Insider Buying and Selling at T. Rowe Price Group

In other news, VP Arif Husain sold 4,260 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $101.96, for a total transaction of $434,349.60. Following the completion of the sale, the vice president directly owned 47,102 shares of the company’s stock, valued at $4,802,519.92. This trade represents a 8.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On T. Rowe Price Group

Large investors have recently bought and sold shares of the stock. Woodline Partners LP increased its holdings in shares of T. Rowe Price Group by 41.0% during the 1st quarter. Woodline Partners LP now owns 18,809 shares of the asset manager’s stock worth $1,728,000 after purchasing an additional 5,467 shares during the period. Focus Partners Wealth grew its position in T. Rowe Price Group by 10.6% during the first quarter. Focus Partners Wealth now owns 13,054 shares of the asset manager’s stock worth $1,199,000 after buying an additional 1,250 shares in the last quarter. PFG Investments LLC bought a new position in T. Rowe Price Group during the second quarter valued at about $207,000. QRG Capital Management Inc. raised its holdings in T. Rowe Price Group by 136.3% in the 2nd quarter. QRG Capital Management Inc. now owns 33,517 shares of the asset manager’s stock valued at $3,234,000 after acquiring an additional 19,331 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its position in shares of T. Rowe Price Group by 126.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 9,663 shares of the asset manager’s stock worth $932,000 after acquiring an additional 5,391 shares during the period. 73.39% of the stock is currently owned by institutional investors and hedge funds.

T. Rowe Price Group News Summary

Here are the key news stories impacting T. Rowe Price Group this week:

• Positive Sentiment: Assets under management and revenue grew year-over-year and advisory fee revenue provided support, showing continued scale in the business. T. Rowe Price Q4 Highlights
• Positive Sentiment: Product expansion: the firm launched an actively managed Innovation Leaders ETF, which can help distribution and fee growth over time. ETF Launch
• Neutral Sentiment: Management released the press materials, slide deck and full earnings call/transcript — useful for investors who want detail on fund flows, expense timing and outlook. Press Release / Slide Deck Earnings Call Transcript
• Negative Sentiment: Quarterly EPS missed consensus (reported $2.44 vs. ~ $2.46 est.), driven by higher operating expenses that compressed the beat/miss buffer. That miss is the primary near-term catalyst for the selloff. Earnings Breakdown
• Negative Sentiment: Reports and commentary pointed to net outflows in the quarter — a red flag for fee-based asset managers because persistent outflows pressure revenue and margins. Net Outflows Coverage
• Negative Sentiment: Analyst reaction: Morgan Stanley trimmed its price target and the street has highlighted the EPS miss and rising costs — analyst moves amplify selling pressure. Analyst Note / Price Target
• Negative Sentiment: Options market activity: unusual uptick in put buying suggests some traders are positioning for further downside in the near term. (internal market note)

T. Rowe Price Group Price Performance

TROW stock opened at $97.07 on Thursday. The stock has a market capitalization of $21.18 billion, a price-to-earnings ratio of 10.57, a price-to-earnings-growth ratio of 2.49 and a beta of 1.53. The company has a 50-day moving average of $104.73 and a two-hundred day moving average of $104.61. T. Rowe Price Group has a 52-week low of $77.85 and a 52-week high of $118.22.

T. Rowe Price Group (NASDAQ:TROW) last posted its quarterly earnings data on Wednesday, February 4th. The asset manager reported $2.44 earnings per share for the quarter, missing the consensus estimate of $2.46 by ($0.02). The business had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.92 billion. T. Rowe Price Group had a return on equity of 19.95% and a net margin of 28.89%.T. Rowe Price Group’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.12 EPS. Equities analysts expect that T. Rowe Price Group will post 9.29 EPS for the current fiscal year.

About T. Rowe Price Group

T. Rowe Price Group, Inc is a global investment management firm headquartered in Baltimore, Maryland, founded by Thomas Rowe Price Jr. in 1937. The company provides a broad range of investment products and services for individual investors, financial intermediaries, retirement plan sponsors and institutional clients. Its offerings are built around active investment management and in-house research across equity, fixed income and multi-asset strategies, reflecting a long history as a research-driven asset manager.

The firm’s product lineup includes mutual funds, separate accounts, collective investment trusts, target-date and target-risk funds, and managed account solutions, as well as services for defined contribution and defined benefit retirement plans.