TD Cowen Has Lowered Expectations for T. Rowe Price Group (NASDAQ:TROW) Stock Price

T. Rowe Price Group (NASDAQ:TROW) had its price target lowered by stock analysts at TD Cowen from $109.00 to $97.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “hold” rating on the asset manager’s stock. TD Cowen’s price objective suggests a potential upside of 5.02% from the company’s previous close.

Several other research analysts also recently commented on TROW. Keefe, Bruyette & Woods decreased their target price on shares of T. Rowe Price Group from $115.00 to $110.00 and set a “market perform” rating on the stock in a research note on Thursday. The Goldman Sachs Group lowered their price objective on shares of T. Rowe Price Group from $97.00 to $95.00 and set a “sell” rating for the company in a research note on Wednesday, January 14th. Bank of America increased their target price on shares of T. Rowe Price Group from $85.00 to $86.00 in a report on Wednesday, January 14th. Citigroup boosted their price target on T. Rowe Price Group from $105.00 to $107.00 in a report on Monday, November 3rd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of T. Rowe Price Group in a research report on Monday, December 29th. Eleven analysts have rated the stock with a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, T. Rowe Price Group has a consensus rating of “Reduce” and a consensus target price of $104.15.

T. Rowe Price Group Stock Down 4.8%

Shares of TROW traded down $4.66 during trading hours on Thursday, hitting $92.36. The company had a trading volume of 2,179,685 shares, compared to its average volume of 2,012,978. T. Rowe Price Group has a 52-week low of $77.85 and a 52-week high of $118.22. The stock’s 50 day moving average price is $104.73 and its 200 day moving average price is $104.61. The firm has a market cap of $20.16 billion, a P/E ratio of 10.06, a P/E/G ratio of 2.49 and a beta of 1.53.

T. Rowe Price Group (NASDAQ:TROW) last posted its quarterly earnings results on Wednesday, February 4th. The asset manager reported $2.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.47 by ($0.03). T. Rowe Price Group had a return on equity of 19.95% and a net margin of 28.89%.The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the previous year, the business earned $2.12 earnings per share. T. Rowe Price Group’s revenue was up 6.0% compared to the same quarter last year. On average, research analysts expect that T. Rowe Price Group will post 9.29 EPS for the current fiscal year.

Insider Activity at T. Rowe Price Group

In other news, VP Arif Husain sold 4,260 shares of the company’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $101.96, for a total value of $434,349.60. Following the sale, the vice president directly owned 47,102 shares of the company’s stock, valued at $4,802,519.92. This represents a 8.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On T. Rowe Price Group

Hedge funds have recently bought and sold shares of the business. TD Waterhouse Canada Inc. increased its stake in shares of T. Rowe Price Group by 66.7% during the second quarter. TD Waterhouse Canada Inc. now owns 250 shares of the asset manager’s stock valued at $25,000 after purchasing an additional 100 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of T. Rowe Price Group by 540.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 282 shares of the asset manager’s stock worth $29,000 after buying an additional 238 shares during the last quarter. Root Financial Partners LLC bought a new position in T. Rowe Price Group during the 3rd quarter valued at approximately $30,000. Vermillion & White Wealth Management Group LLC increased its position in T. Rowe Price Group by 120.0% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 319 shares of the asset manager’s stock valued at $31,000 after buying an additional 174 shares in the last quarter. Finally, Canton Hathaway LLC purchased a new position in T. Rowe Price Group during the fourth quarter valued at $31,000. Institutional investors own 73.39% of the company’s stock.

T. Rowe Price Group News Roundup

Here are the key news stories impacting T. Rowe Price Group this week:

• Positive Sentiment: Revenue and AUM showed underlying strength — Q4 revenue rose ~6% year-over-year and management highlighted higher AUM and advisory fee growth that provide support to earnings power. Earnings Highlights
• Neutral Sentiment: The company released its full Q4/FY2025 press release, slide deck and earnings call materials for investors to review — useful for judging trends in flows, fees and expenses. Press Release
• Negative Sentiment: Small EPS miss and rising operating costs — Q4 EPS of $2.44 missed consensus by $0.03, and analysts/coverage noted higher operating expenses that pressured margins. That headline has prompted near-term selling. Zacks Earnings
• Negative Sentiment: Net outflows flagged by analysts/commentary — coverage noted the EPS miss reflects ongoing net outflows in the quarter, a key operational risk for asset managers that can weigh on sentiment. Seeking Alpha
• Negative Sentiment: Analysts trimmed targets and maintained cautious ratings — Evercore ISI cut its target to $106 (in-line) and KBW lowered its PT to $110 (market perform), signaling tepid near-term expectations and contributing to downside pressure. The Fly Street Insider
• Negative Sentiment: Unusually large put-option activity — elevated put buying was reported into the print, indicating some investors positioned for further downside in the near term (potentially amplifying selling pressure).

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.