Alps Advisors Inc. Lowers Stock Position in T. Rowe Price Group, Inc. $TROW

Alps Advisors Inc. decreased its position in T. Rowe Price Group, Inc. (NASDAQ:TROW) by 11.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 270,047 shares of the asset manager’s stock after selling 35,492 shares during the period. Alps Advisors Inc. owned approximately 0.12% of T. Rowe Price Group worth $27,718,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. increased its position in T. Rowe Price Group by 66.7% in the second quarter. TD Waterhouse Canada Inc. now owns 250 shares of the asset manager’s stock worth $25,000 after buying an additional 100 shares in the last quarter. Essex Bank grew its stake in shares of T. Rowe Price Group by 3.6% during the 3rd quarter. Essex Bank now owns 2,914 shares of the asset manager’s stock valued at $299,000 after acquiring an additional 100 shares during the period. PFG Investments LLC increased its holdings in T. Rowe Price Group by 4.8% in the 3rd quarter. PFG Investments LLC now owns 2,249 shares of the asset manager’s stock worth $231,000 after acquiring an additional 102 shares in the last quarter. Bill Few Associates Inc. raised its stake in T. Rowe Price Group by 4.3% during the 2nd quarter. Bill Few Associates Inc. now owns 2,577 shares of the asset manager’s stock worth $249,000 after acquiring an additional 107 shares during the period. Finally, Beacon Investment Advisors LLC raised its stake in T. Rowe Price Group by 1.2% during the 2nd quarter. Beacon Investment Advisors LLC now owns 10,256 shares of the asset manager’s stock worth $986,000 after acquiring an additional 120 shares during the period. 73.39% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on TROW shares. TD Cowen lowered their target price on shares of T. Rowe Price Group from $109.00 to $97.00 and set a “hold” rating on the stock in a report on Thursday. Bank of America boosted their price target on shares of T. Rowe Price Group from $85.00 to $86.00 in a research note on Wednesday, January 14th. Argus raised shares of T. Rowe Price Group to a “hold” rating in a report on Thursday. Zacks Research lowered T. Rowe Price Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on T. Rowe Price Group from $106.00 to $100.00 and set a “hold” rating on the stock in a research report on Thursday. Twelve investment analysts have rated the stock with a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $103.50.

T. Rowe Price Group Trading Up 2.8%

TROW opened at $94.58 on Friday. The firm has a 50 day moving average of $104.37 and a two-hundred day moving average of $104.44. T. Rowe Price Group, Inc. has a 12-month low of $77.85 and a 12-month high of $118.22. The firm has a market capitalization of $20.64 billion, a PE ratio of 10.22, a P/E/G ratio of 2.31 and a beta of 1.53.

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

Insiders Place Their Bets

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 transaction of $434,349.60. Following the sale, the vice president owned 47,102 shares in the company, 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 Securities & Exchange Commission, which is available through this link. 2.00% of the stock is currently owned by corporate insiders.

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.