T. Rowe Price Group (NASDAQ:TROW – Free Report) had its target price raised by Evercore ISI from $115.00 to $116.00 in a research report released on Monday morning,MarketScreener reports.
Several other brokerages have also issued reports on TROW. Barclays decreased their target price on T. Rowe Price Group from $102.00 to $101.00 and set an “underweight” rating for the company in a research report on Thursday. The Goldman Sachs Group dropped their target price on shares of T. Rowe Price Group from $97.00 to $95.00 and set a “sell” rating on the stock in a research note on Wednesday. BMO Capital Markets raised their price target on shares of T. Rowe Price Group from $108.00 to $110.00 and gave the stock a “market perform” rating in a research note on Tuesday. TD Cowen dropped their price objective on T. Rowe Price Group from $112.00 to $109.00 and set a “hold” rating on the stock in a research note on Wednesday. Finally, Keefe, Bruyette & Woods decreased their target price on T. Rowe Price Group from $117.00 to $115.00 and set a “market perform” rating for the company in a research report on Tuesday, December 16th. Twelve analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $107.54.
View Our Latest Stock Report on TROW
T. Rowe Price Group Stock Performance
T. Rowe Price Group (NASDAQ:TROW – Get Free Report) last announced its earnings results on Friday, October 31st. The asset manager reported $2.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.55 by $0.26. The company had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.88 billion. T. Rowe Price Group had a return on equity of 19.95% and a net margin of 28.89%.T. Rowe Price Group’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.57 earnings per share. As a group, equities research analysts forecast that T. Rowe Price Group will post 9.29 EPS for the current fiscal year.
T. Rowe Price Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were issued a dividend of $1.27 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $5.08 dividend on an annualized basis and a yield of 4.7%. T. Rowe Price Group’s dividend payout ratio is 55.34%.
Insiders Place Their Bets
In other 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 directly owned 47,102 shares in the company, valued at $4,802,519.92. This represents a 8.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 2.00% of the stock is owned by insiders.
Institutional Trading of T. Rowe Price Group
Several institutional investors and hedge funds have recently bought and sold shares of TROW. Econ Financial Services Corp purchased a new stake in shares of T. Rowe Price Group in the fourth quarter worth $1,967,000. Foster & Motley Inc. raised its holdings in shares of T. Rowe Price Group by 103.1% in the 4th quarter. Foster & Motley Inc. now owns 8,473 shares of the asset manager’s stock valued at $867,000 after acquiring an additional 4,301 shares in the last quarter. Mn Services Vermogensbeheer B.V. raised its holdings in shares of T. Rowe Price Group by 1.4% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 85,183 shares of the asset manager’s stock valued at $8,721,000 after acquiring an additional 1,150 shares in the last quarter. Centennial Wealth Advisory LLC grew its holdings in shares of T. Rowe Price Group by 4.3% during the fourth quarter. Centennial Wealth Advisory LLC now owns 9,322 shares of the asset manager’s stock worth $955,000 after purchasing an additional 386 shares in the last quarter. Finally, Pallas Capital Advisors LLC grew its holdings in shares of T. Rowe Price Group by 20.8% during the fourth quarter. Pallas Capital Advisors LLC now owns 4,142 shares of the asset manager’s stock worth $424,000 after purchasing an additional 712 shares in the last quarter. 73.39% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting T. Rowe Price Group
Here are the key news stories impacting T. Rowe Price Group this week:
- Positive Sentiment: Evercore raised its price target to $116 (from $115), maintaining an in-line rating — incremental upside and a vote of confidence from a sell-side source. Evercore PT Raise
- Positive Sentiment: BMO Capital raised its target to $110 (from $108) and kept a market-perform rating — a modest positive that signals stability around current levels. BMO PT Raise
- Positive Sentiment: Zacks highlights TROW’s strong earnings‑surprise history and says the stock has factors that make another beat likely — positive for near-term sentiment ahead of the next report. Zacks Earnings Beat Preview
- Positive Sentiment: Company reported preliminary month‑end assets under management for December 2025 — AUM prints and flows are a primary revenue driver for asset managers and any upside/steady flows support revenues and fees. AUM Preliminary Report
- Neutral Sentiment: TD Cowen trimmed its target to $109 (from $112) and kept a hold — slight change but still essentially neutral relative to current trading. TD Cowen Note
- Neutral Sentiment: General positive coverage pieces (Zacks, MSN/Yahoo) frame TROW as a solid growth/attractively priced asset-manager after recent headwinds — useful context but less immediate market-moving than analyst ratings or AUM/earnings data. MSN Article
- Negative Sentiment: Goldman Sachs cut its target to $95 and maintained a sell rating — one of the more bearish publicly noted takes and the largest downside call relative to current levels. Goldman Sachs Cut
- Negative Sentiment: Barclays trimmed its target to $101 and kept an underweight rating — another cautious take that adds selling pressure. Barclays Note
- Negative Sentiment: Bank of America nudged its target to $86 (from $85), keeping implied downside versus current price — a reminder some shops see larger valuation risk. BofA PT Change
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.
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