Research Analysts’ Recent Ratings Changes for T. Rowe Price Group (TROW)

Several brokerages have updated their recommendations and price targets on shares of T. Rowe Price Group (NASDAQ: TROW) in the last few weeks:

• 4/16/2025 – T. Rowe Price Group had its price target lowered by analysts at JPMorgan Chase & Co. from $110.00 to $90.00. They now have an “underweight” rating on the stock.
• 4/16/2025 – T. Rowe Price Group had its price target lowered by analysts at Barclays PLC from $105.00 to $85.00. They now have an “underweight” rating on the stock.
• 4/14/2025 – T. Rowe Price Group had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $89.00 to $80.00. They now have a “sell” rating on the stock.
• 4/14/2025 – T. Rowe Price Group had its price target lowered by analysts at Citigroup Inc. from $100.00 to $95.00. They now have a “neutral” rating on the stock.
• 4/11/2025 – T. Rowe Price Group had its price target lowered by analysts at Evercore ISI from $104.00 to $80.00. They now have an “in-line” rating on the stock.
• 4/9/2025 – T. Rowe Price Group had its price target lowered by analysts at TD Cowen from $112.00 to $89.00. They now have a “hold” rating on the stock.
• 4/8/2025 – T. Rowe Price Group had its price target lowered by analysts at Wells Fargo & Company from $116.00 to $98.00. They now have an “equal weight” rating on the stock.
• 4/3/2025 – T. Rowe Price Group had its price target lowered by analysts at Bank of America Co. from $90.00 to $85.00. They now have an “underperform” rating on the stock.
• 4/3/2025 – T. Rowe Price Group had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $103.00 to $89.00. They now have a “sell” rating on the stock.
• 3/31/2025 – T. Rowe Price Group had its price target lowered by analysts at Citigroup Inc. from $120.00 to $100.00. They now have a “neutral” rating on the stock.
• 2/24/2025 – T. Rowe Price Group had its price target lowered by analysts at Morgan Stanley from $126.00 to $121.00. They now have an “equal weight” rating on the stock.

T. Rowe Price Group Trading Up 0.9 %

TROW traded up $0.74 on Friday, hitting $86.11. 4,903,880 shares of the company were exchanged, compared to its average volume of 1,458,199. The firm has a 50-day moving average price of $96.11 and a two-hundred day moving average price of $108.55. T. Rowe Price Group, Inc. has a twelve month low of $77.85 and a twelve month high of $125.81. The company has a market cap of $19.14 billion, a price-to-earnings ratio of 9.40, a price-to-earnings-growth ratio of 2.86 and a beta of 1.50.

T. Rowe Price Group (NASDAQ:TROW) last released its quarterly earnings data on Wednesday, February 5th. The asset manager reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.20 by ($0.08). T. Rowe Price Group had a return on equity of 20.83% and a net margin of 29.61%. During the same quarter in the previous year, the firm earned $1.72 EPS. Equities analysts expect that T. Rowe Price Group, Inc. will post 9.29 EPS for the current year.

T. Rowe Price Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a dividend of $1.27 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $5.08 dividend on an annualized basis and a yield of 5.90%. This is a boost from T. Rowe Price Group’s previous quarterly dividend of $1.24. T. Rowe Price Group’s dividend payout ratio is currently 55.46%.

Insider Buying and Selling

In related news, Director Robert F. Maclellan sold 3,955 shares of the company’s stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $91.56, for a total value of $362,119.80. Following the sale, the director now owns 42,979 shares of the company’s stock, valued at approximately $3,935,157.24. This represents a 8.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Arif Husain sold 4,112 shares of the business’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $109.27, for a total transaction of $449,318.24. Following the completion of the transaction, the vice president now directly owns 36,800 shares of the company’s stock, valued at $4,021,136. The trade was a 10.05 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank purchased a new stake in shares of T. Rowe Price Group in the fourth quarter worth about $117,704,000. Marshall Wace LLP acquired a new position in T. Rowe Price Group during the 4th quarter worth $63,284,000. Fayez Sarofim & Co boosted its holdings in shares of T. Rowe Price Group by 7.6% in the fourth quarter. Fayez Sarofim & Co now owns 6,052,469 shares of the asset manager’s stock valued at $684,474,000 after acquiring an additional 425,142 shares in the last quarter. Amundi grew its holdings in T. Rowe Price Group by 30.1% during the fourth quarter. Amundi now owns 1,717,877 shares of the asset manager’s stock worth $194,064,000 after acquiring an additional 397,278 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of T. Rowe Price Group by 28.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,762,910 shares of the asset manager’s stock worth $199,367,000 after purchasing an additional 387,604 shares in the last quarter. Institutional investors and hedge funds own 73.39% of the company’s stock.

T. Rowe Price Group, Inc is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe.