Brokerages Set T. Rowe Price Group, Inc. (NASDAQ:TROW) Price Target at $106.92

Shares of T. Rowe Price Group, Inc. (NASDAQ:TROW) have been given a consensus rating of “Reduce” by the sixteen ratings firms that are presently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a sell rating and twelve have given a hold rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $103.50.

Several research firms have recently issued reports on TROW. Argus raised T. Rowe Price Group to a “hold” rating in a research report on Thursday. Morgan Stanley decreased their price target on T. Rowe Price Group from $128.00 to $123.00 and set an “equal weight” rating on the stock in a research note on Monday, February 2nd. TD Cowen dropped their price objective on shares of T. Rowe Price Group from $109.00 to $97.00 and set a “hold” rating for the company in a research note on Thursday. JPMorgan Chase & Co. decreased their target price on shares of T. Rowe Price Group from $108.00 to $106.00 and set an “underweight” rating on the stock in a research report on Thursday. Finally, The Goldman Sachs Group lowered their target price on shares of T. Rowe Price Group from $95.00 to $90.00 and set a “sell” rating for the company in a report on Thursday.

More T. Rowe Price Group News

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

• Positive Sentiment: Argus upgraded TROW to a “hold”, providing some support to the stock amid analyst churn. Zacks/Argus Upgrade
• Positive Sentiment: Company highlighted AUM growth and year‑over‑year revenue increase (helping offset the EPS miss), which reassures investors about underlying asset trends. Earnings Highlights
• Neutral Sentiment: Full Q4 earnings transcript and call are available for detail review — useful for investors assessing fee margins, flows and forward guidance. Q4 Transcript
• Neutral Sentiment: Unusually high options trading noted in the ticker, signaling elevated short‑term speculation/hedging activity around the stock. Options Activity
• Negative Sentiment: Goldman Sachs cut its price target to $90 and maintained a “sell” rating, adding downward pressure by signaling weaker near‑term outlook. Goldman Sachs PT Cut
• Negative Sentiment: Deutsche Bank trimmed its target to $100 and kept a “hold”, contributing to consensus PT compression. Deutsche Bank PT Cut
• Negative Sentiment: Multiple other shops lowered targets or ratings (JPMorgan to $106/underweight; TD Cowen to $97/hold; Evercore to $106/in‑line; KBW to $110/market perform) — the broad analyst downdrift increases downside risk until flow trends and margins clarify. Analyst PT Moves (Benzinga)
• Negative Sentiment: Coverage notes emphasize net outflows and the EPS miss in Q4 as the primary near‑term catalysts for further downgrades if flows remain weak. Seeking Alpha: Outflows & EPS Miss

Insider Activity at T. Rowe Price Group

In related news, VP Arif Husain sold 4,260 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $101.96, for a total value of $434,349.60. Following the transaction, the vice president directly owned 47,102 shares of the company’s stock, valued at approximately $4,802,519.92. This trade represents a 8.29% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On T. Rowe Price Group

Large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its position in T. Rowe Price Group by 15.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,674 shares of the asset manager’s stock worth $171,000 after purchasing an additional 219 shares in the last quarter. Legato Capital Management LLC acquired a new stake in shares of T. Rowe Price Group in the fourth quarter worth $702,000. Evoke Wealth LLC raised its stake in shares of T. Rowe Price Group by 16.7% in the 4th quarter. Evoke Wealth LLC now owns 3,543 shares of the asset manager’s stock valued at $363,000 after acquiring an additional 506 shares during the period. Vantage Investment Partners LLC lifted its holdings in shares of T. Rowe Price Group by 1.2% during the 4th quarter. Vantage Investment Partners LLC now owns 128,774 shares of the asset manager’s stock valued at $13,184,000 after acquiring an additional 1,585 shares in the last quarter. Finally, Kingdom Financial Group LLC. purchased a new stake in T. Rowe Price Group during the 4th quarter worth $57,000. 73.39% of the stock is currently owned by hedge funds and other institutional investors.

T. Rowe Price Group Price Performance

Shares of NASDAQ TROW opened at $94.58 on Thursday. The company has a 50-day simple moving average of $104.37 and a 200-day simple moving average of $104.44. The company has a market cap of $20.64 billion, a PE ratio of 10.22, a price-to-earnings-growth ratio of 2.31 and a beta of 1.53. T. Rowe Price Group has a 12 month low of $77.85 and a 12 month high of $118.22.

T. Rowe Price Group (NASDAQ:TROW) last announced its earnings results on Wednesday, February 4th. The asset manager reported $2.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.47 by ($0.03). The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.92 billion. T. Rowe Price Group had a return on equity of 20.36% and a net margin of 28.53%.The firm’s revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.12 EPS. On average, analysts anticipate that T. Rowe Price Group will post 9.29 EPS for the current year.

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.