ProShare Advisors LLC lessened its stake in shares of T. Rowe Price Group, Inc. (NASDAQ:TROW – Free Report) by 14.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,613,140 shares of the asset manager’s stock after selling 274,795 shares during the period. ProShare Advisors LLC owned approximately 0.73% of T. Rowe Price Group worth $165,573,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Woodline Partners LP lifted its holdings in shares of T. Rowe Price Group by 41.0% in the 1st 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 during the period. Focus Partners Wealth raised its holdings in shares of T. Rowe Price Group by 10.6% in the first 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 in the last quarter. Kingswood Wealth Advisors LLC bought a new position in T. Rowe Price Group during the 2nd quarter worth about $219,000. Callan Family Office LLC increased its position in T. Rowe Price Group by 99.2% during the 2nd quarter. Callan Family Office LLC now owns 5,076 shares of the asset manager’s stock valued at $490,000 after purchasing an additional 2,528 shares during the period. Finally, Aberdeen Group plc increased its position in T. Rowe Price Group by 10.7% during the 2nd quarter. Aberdeen Group plc now owns 201,893 shares of the asset manager’s stock valued at $19,356,000 after purchasing an additional 19,545 shares during the period. 73.39% of the stock is owned by hedge funds and other institutional investors.
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
Wall Street Analysts Forecast Growth
View Our Latest Analysis on TROW
T. Rowe Price Group Stock Performance
Shares of TROW stock opened at $94.58 on Monday. T. Rowe Price Group, Inc. has a fifty-two week low of $77.85 and a fifty-two week high of $118.22. The firm has a market capitalization of $20.64 billion, a price-to-earnings ratio of 10.22, a PEG ratio of 4.87 and a beta of 1.53. The stock’s 50-day simple moving average is $104.37 and its 200-day simple moving average is $104.42.
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 analysts’ consensus estimates 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 return on equity of 20.36% and a net margin of 28.53%.The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter last year, the business earned $2.12 earnings per share. As a group, equities analysts forecast that T. Rowe Price Group, Inc. will post 9.29 earnings per share for the current year.
Insider Buying and Selling
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 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 approximately $4,802,519.92. The trade was a 8.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.00% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than T. Rowe Price Group
- The day the gold market broke
- Your Bank Account Is No Longer Safe
- What a Former CIA Agent Knows About the Coming Collapse
- He just nailed another gold prediction …
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
Want to see what other hedge funds are holding TROW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T. Rowe Price Group, Inc. (NASDAQ:TROW – Free Report).
Receive News & Ratings for T. Rowe Price Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T. Rowe Price Group and related companies with MarketBeat.com's FREE daily email newsletter.
