TD Cowen Lowers T. Rowe Price Group (NASDAQ:TROW) Price Target to $97.00

T. Rowe Price Group (NASDAQ:TROW) had its price target reduced by stock analysts at TD Cowen from $109.00 to $97.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “hold” rating on the asset manager’s stock. TD Cowen’s target price indicates a potential upside of 2.56% from the stock’s previous close.

TROW has been the topic of a number of other research reports. Weiss Ratings restated a “hold (c+)” rating on shares of T. Rowe Price Group in a report on Monday, December 29th. Zacks Research cut shares of T. Rowe Price Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Citigroup increased their target price on T. Rowe Price Group from $105.00 to $107.00 in a report on Monday, November 3rd. Bank of America lifted their price target on T. Rowe Price Group from $85.00 to $86.00 in a report on Wednesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on T. Rowe Price Group from $113.00 to $106.00 and set a “hold” rating on the stock in a research report on Wednesday, December 17th. Twelve analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $103.31.

T. Rowe Price Group Stock Up 2.8%

Shares of NASDAQ TROW opened at $94.58 on Thursday. T. Rowe Price Group has a 12 month low of $77.85 and a 12 month high of $118.22. The company has a market cap of $20.64 billion, a price-to-earnings ratio of 10.22, a P/E/G ratio of 2.24 and a beta of 1.53. The business has a fifty day simple moving average of $104.37 and a 200-day simple moving average of $104.46.

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 (EPS) for the quarter, missing the consensus estimate of $2.47 by ($0.03). T. Rowe Price Group had a return on equity of 20.36% and a net margin of 28.53%.The company had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.92 billion. During the same quarter in the previous year, the firm posted $2.12 EPS. T. Rowe Price Group’s quarterly revenue was up 6.0% on a year-over-year basis. As a group, sell-side analysts expect that T. Rowe Price Group will post 9.29 EPS for the current fiscal year.

Insider Buying and Selling

In other T. Rowe Price Group news, VP Arif Husain sold 4,260 shares of the company’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $101.96, for a total value of $434,349.60. Following the transaction, the vice president directly owned 47,102 shares of the company’s stock, valued at $4,802,519.92. This represents a 8.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On T. Rowe Price Group

Several large investors have recently made changes to their positions in TROW. EverSource Wealth Advisors LLC increased its holdings in T. Rowe Price Group by 15.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,674 shares of the asset manager’s stock worth $171,000 after buying an additional 219 shares during the last quarter. Legato Capital Management LLC acquired a new stake in T. Rowe Price Group in the fourth quarter valued at approximately $702,000. Evoke Wealth LLC grew its position in T. Rowe Price Group by 16.7% in the fourth quarter. Evoke Wealth LLC now owns 3,543 shares of the asset manager’s stock worth $363,000 after acquiring an additional 506 shares in the last quarter. Vantage Investment Partners LLC increased its stake in shares of T. Rowe Price Group by 1.2% during the 4th quarter. Vantage Investment Partners LLC now owns 128,774 shares of the asset manager’s stock worth $13,184,000 after purchasing an additional 1,585 shares during the last quarter. Finally, Kingdom Financial Group LLC. bought a new position in shares of T. Rowe Price Group during the 4th quarter valued at $57,000. Institutional investors own 73.39% of the company’s stock.

Trending Headlines about T. Rowe Price Group

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

• Positive Sentiment: Argus upgraded TROW to a “hold”, providing some support to the stock amid analyst churn. Zacks/Argus Upgrade
• Positive Sentiment: Company highlighted AUM growth and year‑over‑year revenue increase (helping offset the EPS miss), which reassures investors about underlying asset trends. Earnings Highlights
• Neutral Sentiment: Full Q4 earnings transcript and call are available for detail review — useful for investors assessing fee margins, flows and forward guidance. Q4 Transcript
• Neutral Sentiment: Unusually high options trading noted in the ticker, signaling elevated short‑term speculation/hedging activity around the stock. Options Activity
• Negative Sentiment: Goldman Sachs cut its price target to $90 and maintained a “sell” rating, adding downward pressure by signaling weaker near‑term outlook. Goldman Sachs PT Cut
• Negative Sentiment: Deutsche Bank trimmed its target to $100 and kept a “hold”, contributing to consensus PT compression. Deutsche Bank PT Cut
• Negative Sentiment: Multiple other shops lowered targets or ratings (JPMorgan to $106/underweight; TD Cowen to $97/hold; Evercore to $106/in‑line; KBW to $110/market perform) — the broad analyst downdrift increases downside risk until flow trends and margins clarify. Analyst PT Moves (Benzinga)
• Negative Sentiment: Coverage notes emphasize net outflows and the EPS miss in Q4 as the primary near‑term catalysts for further downgrades if flows remain weak. Seeking Alpha: Outflows & EPS Miss

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.