T. Rowe Price Group (NASDAQ:TROW) Price Target Raised to $116.00

T. Rowe Price Group (NASDAQ:TROW) had its price target increased by Evercore ISI from $115.00 to $116.00 in a report released on Monday morning,MarketScreener reports.

Other equities research analysts have also issued reports about the company. The Goldman Sachs Group reduced their target price on T. Rowe Price Group from $97.00 to $95.00 and set a “sell” rating for the company in a report on Wednesday. Citigroup boosted their price objective on shares of T. Rowe Price Group from $105.00 to $107.00 in a research note on Monday, November 3rd. Morgan Stanley raised their target price on shares of T. Rowe Price Group from $126.00 to $128.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. TD Cowen cut their target price on shares of T. Rowe Price Group from $112.00 to $109.00 and set a “hold” rating for the company in a research report on Wednesday. Finally, BMO Capital Markets raised their price target on T. Rowe Price Group from $108.00 to $110.00 and gave the company a “market perform” rating in a research report on Tuesday. Twelve research analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $107.54.

T. Rowe Price Group Price Performance

Shares of TROW traded up $1.24 during trading hours on Monday, hitting $107.32. 1,236,431 shares of the company were exchanged, compared to its average volume of 1,893,713. The company has a market capitalization of $23.42 billion, a PE ratio of 11.69, a PEG ratio of 2.62 and a beta of 1.52. The firm has a fifty day simple moving average of $103.51 and a 200-day simple moving average of $104.21. T. Rowe Price Group has a one year low of $77.85 and a one year high of $118.32.

T. Rowe Price Group (NASDAQ:TROW) last released its earnings results on Friday, October 31st. The asset manager reported $2.81 earnings per share for the quarter, topping the consensus estimate of $2.55 by $0.26. T. Rowe Price Group had a net margin of 28.89% and a return on equity of 19.95%. The business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same period last year, the firm posted $2.57 earnings per share. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. Sell-side analysts expect that T. Rowe Price Group will post 9.29 EPS for the current year.

T. Rowe Price Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th were given a dividend of $1.27 per share. The ex-dividend date was Monday, December 15th. This represents a $5.08 dividend on an annualized basis and a dividend yield of 4.7%. T. Rowe Price Group’s payout ratio is currently 55.34%.

Insider Transactions at T. Rowe Price Group

In other T. Rowe Price Group news, VP Arif Husain sold 4,260 shares of T. Rowe Price Group stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $4,802,519.92. The trade was a 8.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On T. Rowe Price Group

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in shares of T. Rowe Price Group by 0.5% in the 2nd quarter. Vanguard Group Inc. now owns 26,416,718 shares of the asset manager’s stock valued at $2,549,213,000 after purchasing an additional 130,325 shares during the period. State Street Corp lifted its stake in T. Rowe Price Group by 1.5% in the second quarter. State Street Corp now owns 14,510,271 shares of the asset manager’s stock valued at $1,400,241,000 after buying an additional 211,647 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in T. Rowe Price Group by 1.8% during the second quarter. Charles Schwab Investment Management Inc. now owns 7,846,636 shares of the asset manager’s stock worth $757,200,000 after buying an additional 140,385 shares during the last quarter. Geode Capital Management LLC grew its position in shares of T. Rowe Price Group by 3.4% during the 2nd quarter. Geode Capital Management LLC now owns 6,014,236 shares of the asset manager’s stock worth $578,059,000 after buying an additional 197,024 shares during the period. Finally, Invesco Ltd. raised its position in shares of T. Rowe Price Group by 0.3% in the 2nd quarter. Invesco Ltd. now owns 3,444,720 shares of the asset manager’s stock valued at $332,415,000 after acquiring an additional 11,036 shares during the period. Institutional investors own 73.39% of the company’s stock.

Trending Headlines about 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

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.