T. Rowe Price Group, Inc. (NASDAQ:TROW) Given Average Recommendation of “Reduce” by Analysts

T. Rowe Price Group, Inc. (NASDAQ:TROW) has been given a consensus rating of “Reduce” by the sixteen research firms that are presently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating and twelve have assigned a hold rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $103.50.

Several analysts have recently issued reports on TROW shares. Deutsche Bank Aktiengesellschaft reduced their price objective on T. Rowe Price Group from $106.00 to $100.00 and set a “hold” rating on the stock in a research note on Thursday, February 5th. JPMorgan Chase & Co. dropped their price target on T. Rowe Price Group from $108.00 to $106.00 and set an “underweight” rating for the company in a research report on Thursday, February 5th. BMO Capital Markets increased their target price on T. Rowe Price Group from $108.00 to $110.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 13th. TD Cowen dropped their price target on T. Rowe Price Group from $109.00 to $97.00 and set a “hold” rating for the company in a research note on Thursday, February 5th. Finally, Morgan Stanley decreased their price objective on shares of T. Rowe Price Group from $128.00 to $123.00 and set an “equal weight” rating for the company in a research note on Monday, February 2nd.

Key Stories Impacting T. Rowe Price Group

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

• Positive Sentiment: Board raises quarterly dividend to $1.30 per share (2.4% increase), payable March 30, reinforcing the firm’s income profile and returning capital to shareholders. T. Rowe Price Declares Quarterly Dividend (PR Newswire) T Rowe Price raises quarterly dividend (MSN)
• Positive Sentiment: Argus upgraded TROW, which can attract buyers and offer near‑term support amid weaker analyst targets elsewhere. T. Rowe Price Upgraded at Argus
• Neutral Sentiment: Market commentary and valuation pieces are questioning whether TROW should be reassessed after recent share weakness — these analyses may increase trading volume as investors re‑evaluate fundamentals and multiples. Is It Time To Reassess T. Rowe Price (Yahoo Finance) Assessing T. Rowe Price Valuation (Yahoo Finance)
• Neutral Sentiment: A 13F filing note shows Truist reduced its TROW stake (reported holdings cut), signaling some institutional selling but representing a relatively small position; worth watching for follow‑through in other funds. Truist Cuts Holdings (DefenseWorld)
• Negative Sentiment: Several brokers trimmed price targets over the last day (Goldman Sachs, Deutsche Bank, JPMorgan, Evercore, TD Cowen, Keefe Bruyette & Woods), indicating reduced near‑term upside expectations and adding downward pressure on the stock. Goldman Sachs Cuts Price Target Deutsche Bank Cuts Price Target Other Analyst Actions (American Banking News)

T. Rowe Price Group Stock Up 1.3%

Shares of NASDAQ:TROW opened at $95.81 on Thursday. T. Rowe Price Group has a 52-week low of $77.85 and a 52-week high of $118.22. The business has a 50-day moving average price of $104.25 and a 200-day moving average price of $104.34. The stock has a market cap of $20.91 billion, a price-to-earnings ratio of 10.36, a PEG ratio of 4.87 and a beta of 1.53.

T. Rowe Price Group (NASDAQ:TROW) last posted its 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 20.36% and a net margin of 28.53%.The firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.92 billion. During the same period in the previous year, the company earned $2.12 earnings per share. The company’s revenue was up 6.0% compared to the same quarter last year. As a group, equities analysts anticipate that T. Rowe Price Group will post 9.29 EPS for the current fiscal year.

T. Rowe Price Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 16th will be given a dividend of $1.30 per share. The ex-dividend date of this dividend is Monday, March 16th. This is an increase from T. Rowe Price Group’s previous quarterly dividend of $1.27. This represents a $5.20 dividend on an annualized basis and a dividend yield of 5.4%. T. Rowe Price Group’s dividend payout ratio is 54.92%.

Insider Activity

In other news, VP Arif Husain sold 4,260 shares of T. Rowe Price Group 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 completion of the transaction, 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.60% of the company’s stock.

Institutional Trading of T. Rowe Price Group

A number of hedge funds have recently modified their holdings of TROW. SBI Okasan Asset Management Co.Ltd. acquired a new stake in shares of T. Rowe Price Group during the 4th quarter valued at $648,000. Baker Avenue Asset Management LP acquired a new position in shares of T. Rowe Price Group during the 4th quarter valued at about $239,000. Kingsview Wealth Management LLC raised its position in shares of T. Rowe Price Group by 200.2% in the fourth quarter. Kingsview Wealth Management LLC now owns 9,974 shares of the asset manager’s stock valued at $1,021,000 after purchasing an additional 6,651 shares during the period. MTM Investment Management LLC boosted its holdings in T. Rowe Price Group by 3.5% during the fourth quarter. MTM Investment Management LLC now owns 3,167 shares of the asset manager’s stock valued at $324,000 after acquiring an additional 107 shares during the period. Finally, Coordinated Financial Services Inc. increased its position in T. Rowe Price Group by 18.9% in the 4th quarter. Coordinated Financial Services Inc. now owns 2,765 shares of the asset manager’s stock worth $283,000 after buying an additional 440 shares during the period. Hedge funds and other institutional investors own 73.39% of the company’s stock.

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.