T. Rowe Price Group (NASDAQ:TROW) Price Target Lowered to $93.00 at TD Cowen

T. Rowe Price Group (NASDAQ:TROW) had its price target lowered by TD Cowen from $97.00 to $93.00 in a report issued on Thursday morning,MarketScreener reports. The brokerage currently has a hold rating on the asset manager’s stock.

TROW has been the subject of several other research reports. Morgan Stanley decreased their price target on T. Rowe Price Group from $115.00 to $107.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 1st. BMO Capital Markets decreased their price target on T. Rowe Price Group from $110.00 to $104.00 and set a “market perform” rating for the company in a research note on Thursday, February 12th. The Goldman Sachs Group decreased their target price on T. Rowe Price Group from $90.00 to $80.00 and set a “sell” rating for the company in a research note on Monday. Keefe, Bruyette & Woods decreased their target price on T. Rowe Price Group from $110.00 to $95.00 and set a “market perform” rating for the company in a research note on Wednesday. Finally, Evercore decreased their target price on T. Rowe Price Group from $106.00 to $99.00 in a research note on Friday, March 6th. Twelve equities research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $97.69.

T. Rowe Price Group Trading Up 0.4%

Shares of TROW stock opened at $92.16 on Thursday. The stock has a market cap of $20.05 billion, a price-to-earnings ratio of 9.96, a PEG ratio of 3.92 and a beta of 1.50. The stock has a 50-day moving average of $92.40 and a 200-day moving average of $99.87. T. Rowe Price Group has a 1-year low of $82.86 and a 1-year high of $118.22.

T. Rowe Price Group (NASDAQ:TROW) last issued its quarterly earnings results on Wednesday, February 4th. The asset manager reported $2.44 earnings per share for the quarter, missing the consensus estimate of $2.47 by ($0.03). The company had revenue of $1.93 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.12 EPS. Sell-side analysts forecast that T. Rowe Price Group will post 9.29 earnings per share for the current year.

T. Rowe Price Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Monday, March 16th were paid a dividend of $1.30 per share. This is an increase from T. Rowe Price Group’s previous quarterly dividend of $1.27. This represents a $5.20 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend was Monday, March 16th. T. Rowe Price Group’s payout ratio is 56.22%.

Institutional Investors Weigh In On T. Rowe Price Group

Large investors have recently added to or reduced their stakes in the business. World Investment Advisors acquired a new stake in T. Rowe Price Group in the fourth quarter valued at approximately $365,000. Corient Private Wealth LLC grew its stake in T. Rowe Price Group by 27.0% in the fourth quarter. Corient Private Wealth LLC now owns 43,207 shares of the asset manager’s stock valued at $4,436,000 after acquiring an additional 9,174 shares during the period. AG Campbell Advisory LLC acquired a new stake in T. Rowe Price Group in the fourth quarter valued at approximately $345,000. Tobam grew its stake in T. Rowe Price Group by 21,661.1% in the fourth quarter. Tobam now owns 7,834 shares of the asset manager’s stock valued at $802,000 after acquiring an additional 7,798 shares during the period. Finally, Anchor Investment Management LLC grew its stake in T. Rowe Price Group by 2.2% in the fourth quarter. Anchor Investment Management LLC now owns 28,974 shares of the asset manager’s stock valued at $2,966,000 after acquiring an additional 612 shares during the period. Institutional investors and hedge funds own 73.39% of the company’s stock.

T. Rowe Price Group News Summary

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

T. Rowe Price Group Company 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.