T. Rowe Price Group (NASDAQ:TROW) Rating Increased to Hold at Argus

T. Rowe Price Group (NASDAQ:TROW) was upgraded by equities researchers at Argus to a “hold” rating in a report released on Thursday,Zacks.com reports.

A number of other brokerages also recently issued reports on TROW. Deutsche Bank Aktiengesellschaft lowered their price target on T. Rowe Price Group from $113.00 to $106.00 and set a “hold” rating on the stock in a research report on Wednesday, December 17th. BMO Capital Markets increased their target price on T. Rowe Price Group from $108.00 to $110.00 and gave the company a “market perform” rating in a research report on Tuesday, January 13th. Citigroup lifted their price target on shares of T. Rowe Price Group from $105.00 to $107.00 in a research note on Monday, November 3rd. Keefe, Bruyette & Woods cut their price target on shares of T. Rowe Price Group from $115.00 to $110.00 and set a “market perform” rating for the company in a report on Thursday. Finally, Barclays set a $94.00 price objective on shares of T. Rowe Price Group in a report on Thursday. Twelve research analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, T. Rowe Price Group currently has an average rating of “Reduce” and an average price target of $104.15.

T. Rowe Price Group Stock Performance

TROW stock opened at $92.02 on Thursday. T. Rowe Price Group has a one year low of $77.85 and a one year high of $118.22. The firm’s fifty day moving average is $104.53 and its 200 day moving average is $104.53. The firm has a market cap of $20.08 billion, a PE ratio of 9.95, a P/E/G ratio of 2.36 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. Research analysts predict that T. Rowe Price Group will post 9.29 earnings per share for the current fiscal year.

Insider Activity at T. Rowe Price Group

In other news, VP Arif Husain sold 4,260 shares of the 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 sale, the vice president directly owned 47,102 shares in the company, valued at $4,802,519.92. This represents a 8.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.00% of the stock is owned by company insiders.

Institutional Trading of T. Rowe Price Group

Several large investors have recently bought and sold shares of the business. First Trust Advisors LP lifted its stake in T. Rowe Price Group by 137.7% in the 2nd quarter. First Trust Advisors LP now owns 3,441,458 shares of the asset manager’s stock worth $332,101,000 after purchasing an additional 1,993,920 shares in the last quarter. Norges Bank acquired a new stake in shares of T. Rowe Price Group in the second quarter valued at approximately $82,756,000. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of T. Rowe Price Group in the fourth quarter valued at approximately $61,073,000. Caisse de depot et placement du Quebec lifted its position in T. Rowe Price Group by 81.0% during the third quarter. Caisse de depot et placement du Quebec now owns 1,306,922 shares of the asset manager’s stock worth $134,142,000 after buying an additional 584,949 shares in the last quarter. Finally, Anchyra Partners LLC acquired a new position in T. Rowe Price Group during the fourth quarter worth $48,012,000. Hedge funds and other institutional investors own 73.39% of the company’s stock.

Key Stories Impacting T. Rowe Price Group

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

• Positive Sentiment: Higher AUM and advisory fees help revenue growth and partially support margins — firm reported revenue roughly in line with expectations and year-over-year AUM growth. Q4 highlights
• Positive Sentiment: Full press release and slide deck show overall revenue up ~6% YoY, useful for medium-term AUM-driven fee growth thesis. Press Release
• Neutral Sentiment: Q4 earnings call transcript and presentation are available for deeper detail on flows, margins and guidance — worth reviewing for investor takeaways. Earnings call transcript
• Neutral Sentiment: Analysts collectively trimmed targets (KBW, Evercore, JPMorgan, TD Cowen) — some cuts leave meaningful upside to current price but reflect increased caution on flows and margins. Analyst notes roundup
• Negative Sentiment: Q4 EPS missed by $0.03 (reported $2.44 vs. $2.47 estimate) and operating expenses rose year-over-year, pressuring near-term profitability. Earnings and expense coverage
• Negative Sentiment: Net outflows were highlighted in coverage and analysts cited persistent flow challenges as a reason for lower targets — a key risk for fee revenue and valuation. Net outflows article
• Negative Sentiment: Unusually large put option activity was recorded ahead of/after the print, indicating elevated bearish positioning by some traders. (Market option flow report)
• Negative Sentiment: Specific analyst moves: JPMorgan cut PT to $106 and set an “underweight”, TD Cowen cut to $97 (“hold”) — these more bearish actions likely amplified selling pressure. Analyst actions

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.