T. Rowe Price Group (NASDAQ:TROW – Get Free Report) had its price objective decreased by equities researchers at Keefe, Bruyette & Woods from $110.00 to $95.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “market perform” rating on the asset manager’s stock. Keefe, Bruyette & Woods’ price target would suggest a potential upside of 3.08% from the company’s current price.
A number of other brokerages have also recently issued reports on TROW. BMO Capital Markets dropped their price objective on T. Rowe Price Group from $110.00 to $104.00 and set a “market perform” rating on the stock in a research note on Thursday, February 12th. Bank of America upped their price objective on T. Rowe Price Group from $85.00 to $86.00 in a research note on Wednesday, January 14th. Argus upgraded T. Rowe Price Group to a “hold” rating in a research note on Thursday, February 5th. Morgan Stanley dropped their price objective on T. Rowe Price Group from $115.00 to $107.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 1st. Finally, Zacks Research cut T. Rowe Price Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Twelve research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $97.69.
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T. Rowe Price Group Stock Performance
T. Rowe Price Group (NASDAQ:TROW – Get Free Report) last released its earnings results on Wednesday, February 4th. The asset manager reported $2.44 EPS for the quarter, missing the consensus estimate of $2.47 by ($0.03). The firm had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.92 billion. T. Rowe Price Group had a net margin of 28.53% and a return on equity of 20.29%. The company’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.12 EPS. Equities research analysts predict that T. Rowe Price Group will post 9.29 EPS for the current fiscal year.
Institutional Trading of T. Rowe Price Group
Several large investors have recently modified their holdings of the stock. Fidelis Capital Partners LLC bought a new stake in shares of T. Rowe Price Group during the 3rd quarter worth $540,000. Greenspring Advisors LLC bought a new stake in shares of T. Rowe Price Group during the 3rd quarter worth $1,583,000. First Citizens Bank & Trust Co. lifted its position in shares of T. Rowe Price Group by 141.9% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 175,885 shares of the asset manager’s stock worth $18,053,000 after buying an additional 103,174 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of T. Rowe Price Group by 43.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 312,768 shares of the asset manager’s stock worth $32,021,000 after buying an additional 95,351 shares during the last quarter. Finally, Allen Wealth Management LLC lifted its position in shares of T. Rowe Price Group by 459.3% during the 3rd quarter. Allen Wealth Management LLC now owns 13,855 shares of the asset manager’s stock worth $1,422,000 after buying an additional 11,378 shares during the last quarter. 73.39% of the stock is owned by institutional investors and hedge funds.
Key Headlines Impacting T. Rowe Price Group
Here are the key news stories impacting T. Rowe Price Group this week:
- Positive Sentiment: T. Rowe Price launched a $403.6M CLO issuance to expand its fixed‑income platform, aiming to capture higher‑income credit opportunities and diversify fee sources — a direct product push that could help offset passive outflows. T. Rowe Price Expands Fixed Income Platform Through CLO Launch
- Positive Sentiment: The firm refreshed its 529 college‑savings offering, highlighting an education focus that could attract AUM from long‑term savers and support organic flows and valuation upside over time. T. Rowe Price 529 Refresh Highlights Education Focus And Valuation Upside Potential
- Neutral Sentiment: Industry note: new private‑credit funds continue to be launched even as redemptions rise — supports the rationale for TROW’s private‑credit push but underscores execution and redemption risk. New Private Credit Funds Are Being Launched Even as Redemptions Rise
- Neutral Sentiment: Personal finance roundup included dividend ideas amid volatility — a general theme that can attract income‑seeking flows if TROW is viewed as a reliable dividend payer. Want $4,350 in Passive Income? Invest $75,000 Into These 3 Dividend Aristocrat Stocks
- Negative Sentiment: TD Cowen trimmed its price target to $93 (maintained hold), signaling more modest near‑term upside and reinforcing cautious analyst sentiment. TD Cowen Lowers T. Rowe Price Group Price Target
- Negative Sentiment: Bank of America cut its price target and warned of a “challenging” start to 2026, which adds downside risk to investor expectations for near‑term earnings and flows. Bank of America cuts T Rowe price target
- Negative Sentiment: Keefe, Bruyette & Woods and Jefferies both lowered targets (to $95 and $91 respectively) and kept conservative ratings, narrowing upside and reflecting concerns about AUM trends. KBW Lowers T. Rowe Price Target Jefferies Adjusts T. Rowe Price Price Target
- Negative Sentiment: Goldman Sachs remains on a sell rating and other outlets highlight pessimistic forecasts and concerns that outflows may be structural — these narratives pressure sentiment and could keep shares capped until flows stabilize. Goldman Sachs Sticks to Its Sell Rating for T Rowe Price Goldman Sachs Issues Pessimistic Forecast
- Negative Sentiment: Analysis arguing that outflows are increasingly structural raises the specter of sustained pressure on fee revenue and multiples until inflows or new fee streams materially scale. T. Rowe Price: Outflows Are Increasingly Structural
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.
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