Zacks Research Brokers Decrease Earnings Estimates for TROW

T. Rowe Price Group, Inc. (NASDAQ:TROW) – Stock analysts at Zacks Research lowered their Q1 2025 EPS estimates for shares of T. Rowe Price Group in a report issued on Wednesday, February 26th. Zacks Research analyst R. Department now expects that the asset manager will post earnings of $2.15 per share for the quarter, down from their prior estimate of $2.26. The consensus estimate for T. Rowe Price Group’s current full-year earnings is $9.29 per share. Zacks Research also issued estimates for T. Rowe Price Group’s Q2 2025 earnings at $2.29 EPS, Q4 2025 earnings at $2.31 EPS, FY2025 earnings at $9.13 EPS, Q1 2026 earnings at $2.36 EPS, Q2 2026 earnings at $2.38 EPS, Q3 2026 earnings at $2.37 EPS, Q4 2026 earnings at $2.36 EPS and FY2026 earnings at $9.47 EPS.

T. Rowe Price Group (NASDAQ:TROW) last issued its earnings results on Wednesday, February 5th. The asset manager reported $2.12 EPS for the quarter, missing analysts’ consensus estimates 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 posted $1.72 earnings per share.

Other equities analysts have also issued reports about the company. Morgan Stanley reduced their price target on T. Rowe Price Group from $126.00 to $121.00 and set an “equal weight” rating on the stock in a research report on Monday, February 24th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $113.00 target price (up previously from $111.00) on shares of T. Rowe Price Group in a report on Thursday, February 6th. StockNews.com downgraded shares of T. Rowe Price Group from a “buy” rating to a “hold” rating in a research note on Sunday, February 2nd. Wells Fargo & Company dropped their price target on shares of T. Rowe Price Group from $118.00 to $116.00 and set an “equal weight” rating for the company in a research report on Thursday, February 6th. Finally, TD Cowen decreased their price objective on shares of T. Rowe Price Group from $120.00 to $116.00 and set a “hold” rating on the stock in a research report on Monday, November 4th. Four analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $114.09.

T. Rowe Price Group Trading Down 1.7 %

Shares of NASDAQ:TROW opened at $103.88 on Monday. T. Rowe Price Group has a 12-month low of $100.49 and a 12-month high of $125.81. The stock’s 50-day moving average price is $111.51 and its 200-day moving average price is $112.39. The stock has a market capitalization of $23.13 billion, a P/E ratio of 11.34, a price-to-earnings-growth ratio of 2.86 and a beta of 1.44.

T. Rowe Price Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a $1.27 dividend. This is an increase from T. Rowe Price Group’s previous quarterly dividend of $1.24. This represents a $5.08 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date is Friday, March 14th. T. Rowe Price Group’s dividend payout ratio is presently 55.46%.

Insiders Place Their Bets

In other T. Rowe Price Group news, VP Andrew Justin Mackenzi Thomson sold 4,047 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $123.35, for a total value of $499,197.45. Following the completion of the transaction, the vice president now owns 119,577 shares in the company, valued at approximately $14,749,822.95. This represents a 3.27 % 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. Also, VP Arif Husain sold 4,112 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $109.27, for a total transaction of $449,318.24. Following the sale, the vice president now owns 36,800 shares in the company, valued at approximately $4,021,136. This trade represents a 10.05 % decrease in their position. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On T. Rowe Price Group

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Addison Advisors LLC grew its position in T. Rowe Price Group by 67.4% during the 4th quarter. Addison Advisors LLC now owns 231 shares of the asset manager’s stock valued at $26,000 after purchasing an additional 93 shares during the last quarter. Curio Wealth LLC purchased a new stake in T. Rowe Price Group during the 4th quarter valued at $27,000. Y.D. More Investments Ltd increased its holdings in shares of T. Rowe Price Group by 124.0% in the 4th quarter. Y.D. More Investments Ltd now owns 280 shares of the asset manager’s stock worth $32,000 after purchasing an additional 155 shares in the last quarter. Stonebridge Financial Group LLC bought a new stake in shares of T. Rowe Price Group in the 4th quarter worth $32,000. Finally, Advantage Trust Co raised its stake in shares of T. Rowe Price Group by 48.8% in the fourth quarter. Advantage Trust Co now owns 305 shares of the asset manager’s stock worth $34,000 after purchasing an additional 100 shares during the last quarter. Institutional investors own 73.39% of the company’s stock.

T. Rowe Price Group Company Profile

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.