T. Rowe Price Group, Inc. $TROW Stock Holdings Cut by Truist Financial Corp

Truist Financial Corp lessened its position in T. Rowe Price Group, Inc. (NASDAQ:TROW) by 31.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,121 shares of the asset manager’s stock after selling 9,417 shares during the period. Truist Financial Corp’s holdings in T. Rowe Price Group were worth $2,065,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TROW. First Trust Advisors LP raised its stake in T. Rowe Price Group by 137.7% during the 2nd quarter. First Trust Advisors LP now owns 3,441,458 shares of the asset manager’s stock valued at $332,101,000 after purchasing an additional 1,993,920 shares during the last quarter. Norges Bank acquired a new position in shares of T. Rowe Price Group during the second quarter valued at about $82,756,000. ARGA Investment Management LP lifted its stake in shares of T. Rowe Price Group by 3,807.3% in the second quarter. ARGA Investment Management LP now owns 477,161 shares of the asset manager’s stock valued at $46,046,000 after buying an additional 464,949 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in T. Rowe Price Group during the second quarter worth about $37,722,000. Finally, ProShare Advisors LLC increased its stake in T. Rowe Price Group by 21.7% during the second quarter. ProShare Advisors LLC now owns 1,887,935 shares of the asset manager’s stock valued at $182,186,000 after acquiring an additional 337,112 shares during the period. Institutional investors own 73.39% of the company’s stock.

T. Rowe Price Group News Roundup

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

Insiders Place Their Bets

In other news, VP Arif Husain sold 4,260 shares of T. Rowe Price Group stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $101.96, for a total transaction 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 trade represents a 8.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.00% of the company’s stock.

T. Rowe Price Group Trading Up 2.8%

Shares of TROW opened at $94.58 on Friday. The stock has a market cap of $20.64 billion, a P/E ratio of 10.22, a price-to-earnings-growth ratio of 2.31 and a beta of 1.53. T. Rowe Price Group, Inc. has a 1 year low of $77.85 and a 1 year high of $118.22. The stock’s 50-day moving average price is $104.37 and its two-hundred day moving average price is $104.44.

T. Rowe Price Group (NASDAQ:TROW) last announced its quarterly earnings results 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). T. Rowe Price Group had a net margin of 28.53% and a return on equity of 20.36%. The firm had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter in the prior year, the business earned $2.12 earnings per share. The business’s revenue was up 6.0% on a year-over-year basis. As a group, equities analysts forecast that T. Rowe Price Group, Inc. will post 9.29 EPS for the current year.

Analyst Upgrades and Downgrades

TROW has been the subject of a number of research reports. Zacks Research downgraded T. Rowe Price Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. BMO Capital Markets upped their target price on T. Rowe Price Group from $108.00 to $110.00 and gave the company a “market perform” rating in a research note on Tuesday, January 13th. TD Cowen reduced their target price on T. Rowe Price Group from $109.00 to $97.00 and set a “hold” rating for the company in a research report on Thursday. Argus raised shares of T. Rowe Price Group to a “hold” rating in a report on Thursday. Finally, The Goldman Sachs Group dropped their price objective on shares of T. Rowe Price Group from $95.00 to $90.00 and set a “sell” rating for the company in a research note on Thursday. Twelve equities research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, T. Rowe Price Group presently has a consensus rating of “Reduce” and an average target price of $103.50.

T. Rowe Price Group Profile

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.