The Goldman Sachs Group Issues Pessimistic Forecast for T. Rowe Price Group (NASDAQ:TROW) Stock Price

T. Rowe Price Group (NASDAQ:TROWGet Free Report) had its price objective reduced by analysts at The Goldman Sachs Group from $95.00 to $90.00 in a research note issued to investors on Thursday,MarketScreener reports. The firm currently has a “sell” rating on the asset manager’s stock. The Goldman Sachs Group’s price target suggests a potential downside of 4.84% from the company’s current price.

A number of other equities research analysts have also recently weighed in on TROW. Evercore cut their price target on T. Rowe Price Group from $116.00 to $106.00 and set an “in-line” rating on the stock in a report on Thursday. Morgan Stanley lowered their target price on T. Rowe Price Group from $128.00 to $123.00 and set an “equal weight” rating on the stock in a research report on Monday, February 2nd. Keefe, Bruyette & Woods reduced their price target on T. Rowe Price Group from $115.00 to $110.00 and set a “market perform” rating for the company in a research report on Thursday. Argus raised T. Rowe Price Group to a “hold” rating in a report on Thursday. Finally, Bank of America lifted their price objective on shares of T. Rowe Price Group from $85.00 to $86.00 in a research note on Wednesday, January 14th. Twelve 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.com, the company has a consensus rating of “Reduce” and an average target price of $103.31.

Read Our Latest Stock Report on TROW

T. Rowe Price Group Stock Performance

Shares of TROW opened at $94.58 on Thursday. The firm has a fifty day moving average of $104.37 and a 200-day moving average of $104.46. The company has a market cap of $20.64 billion, a price-to-earnings ratio of 10.22, a price-to-earnings-growth ratio of 2.24 and a beta of 1.53. T. Rowe Price Group has a 1 year low of $77.85 and a 1 year high of $118.22.

T. Rowe Price Group (NASDAQ:TROWGet Free Report) last released its quarterly earnings data on Wednesday, February 4th. The asset manager reported $2.44 earnings per share for the quarter, missing analysts’ consensus estimates of $2.47 by ($0.03). The firm had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.92 billion. T. Rowe Price Group had a return on equity of 20.36% and a net margin of 28.53%.The firm’s revenue was up 6.0% on a year-over-year basis. During the same period last year, the business earned $2.12 EPS. Analysts predict that T. Rowe Price Group will post 9.29 EPS for the current year.

Insider Transactions at T. Rowe Price Group

In other T. Rowe Price Group news, VP Arif Husain sold 4,260 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $101.96, for a total value of $434,349.60. Following the sale, the vice president directly owned 47,102 shares in the company, valued at approximately $4,802,519.92. The trade was a 8.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On T. Rowe Price Group

Several large investors have recently made changes to their positions in TROW. Woodline Partners LP boosted its holdings in T. Rowe Price Group by 41.0% during the first quarter. Woodline Partners LP now owns 18,809 shares of the asset manager’s stock worth $1,728,000 after buying an additional 5,467 shares in the last quarter. Focus Partners Wealth lifted its position in shares of T. Rowe Price Group by 10.6% during the 1st quarter. Focus Partners Wealth now owns 13,054 shares of the asset manager’s stock valued at $1,199,000 after acquiring an additional 1,250 shares during the last quarter. Valeo Financial Advisors LLC boosted its stake in shares of T. Rowe Price Group by 32.1% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,609 shares of the asset manager’s stock worth $348,000 after acquiring an additional 878 shares in the last quarter. SteelPeak Wealth LLC grew its holdings in shares of T. Rowe Price Group by 25.1% in the 2nd quarter. SteelPeak Wealth LLC now owns 2,753 shares of the asset manager’s stock worth $266,000 after acquiring an additional 552 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of T. Rowe Price Group during the second quarter worth $219,000. Institutional investors own 73.39% of the company’s stock.

More T. Rowe Price Group News

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

(Get Free Report)

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.

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Analyst Recommendations for T. Rowe Price Group (NASDAQ:TROW)

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