TD Cowen Has Lowered Expectations for T. Rowe Price Group (NASDAQ:TROW) Stock Price

T. Rowe Price Group (NASDAQ:TROW) had its price target decreased by research analysts at TD Cowen from $97.00 to $93.00 in a research report issued on Thursday,MarketScreener reports. The brokerage currently has a “hold” rating on the asset manager’s stock. TD Cowen’s price target points to a potential upside of 1.57% from the stock’s current price.

Other research analysts also recently issued reports about the stock. Keefe, Bruyette & Woods dropped their target price on shares of T. Rowe Price Group from $110.00 to $95.00 and set a “market perform” rating on the stock in a research report on Wednesday. Bank of America boosted their price objective on shares of T. Rowe Price Group from $85.00 to $86.00 in a research report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of T. Rowe Price Group from $106.00 to $100.00 and set a “hold” rating on the stock in a research report on Thursday, February 5th. Evercore cut their target price on shares of T. Rowe Price Group from $106.00 to $99.00 in a research note on Friday, March 6th. Finally, Barclays set a $94.00 target price on shares of T. Rowe Price Group in a report on Thursday, February 5th. Twelve equities research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $97.69.

T. Rowe Price Group Price Performance

NASDAQ TROW opened at $91.57 on Thursday. The company’s 50 day simple moving average is $92.65 and its 200 day simple moving average is $99.93. T. Rowe Price Group has a 12 month low of $82.86 and a 12 month high of $118.22. The company has a market capitalization of $19.93 billion, a P/E ratio of 9.90, a PEG ratio of 3.80 and a beta of 1.50.

T. Rowe Price Group (NASDAQ:TROW) last released its earnings results on Wednesday, February 4th. The asset manager reported $2.44 earnings per share for the quarter, missing the consensus estimate of $2.47 by ($0.03). The firm had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.92 billion. T. Rowe Price Group had a return on equity of 20.29% and a net margin of 28.53%.The business’s revenue was up 6.0% on a year-over-year basis. During the same period last year, the business earned $2.12 earnings per share. On average, analysts anticipate that T. Rowe Price Group will post 9.29 earnings per share for the current year.

Institutional Trading of T. Rowe Price Group

A number of hedge funds have recently modified their holdings of TROW. TD Private Client Wealth LLC raised its position in shares of T. Rowe Price Group by 91.8% in the 4th quarter. TD Private Client Wealth LLC now owns 257 shares of the asset manager’s stock valued at $26,000 after acquiring an additional 123 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its holdings in T. Rowe Price Group by 540.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 282 shares of the asset manager’s stock worth $29,000 after buying an additional 238 shares during the period. Root Financial Partners LLC acquired a new stake in T. Rowe Price Group during the 3rd quarter worth approximately $30,000. Canton Hathaway LLC acquired a new stake in T. Rowe Price Group during the 4th quarter worth approximately $31,000. Finally, Sound Income Strategies LLC raised its holdings in T. Rowe Price Group by 170.3% during the 4th quarter. Sound Income Strategies LLC now owns 300 shares of the asset manager’s stock worth $32,000 after buying an additional 189 shares during the period. 73.39% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about T. Rowe Price Group

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

• Positive Sentiment: 529 refresh highlights product focus and potential valuation upside — T. Rowe’s update to its 529 college-savings offering underscores a strategic emphasis on education products that could drive flows or improve long-term fee growth if adoption picks up. T. Rowe Price 529 Refresh Highlights Education Focus And Valuation Upside Potential
• Neutral Sentiment: Private-credit marketplace remains active — broader industry launches of private-credit funds continue despite rising redemptions; this trend may create product opportunities for asset managers like T. Rowe but is not an immediate revenue guarantee. New Private Credit Funds Are Being Launched Even as Redemptions Rise. Here’s Why.
• Negative Sentiment: Bank of America trims price target and flags a “challenging” start to 2026 — BofA’s cut signals concern about near-term performance and client activity, adding downward pressure on sentiment. Bank of America cuts T Rowe (TROW) price target, sees “challenging” start to 2026
• Negative Sentiment: Goldman Sachs maintains a sell stance and issues a pessimistic forecast — adds to negative analyst coverage and could prolong weak investor sentiment. Goldman Sachs Sticks to Its Sell Rating for T Rowe Price (TROW) The Goldman Sachs Group Issues Pessimistic Forecast for T. Rowe Price Group
• Negative Sentiment: Multiple firms cut price targets or trim expectations — Keefe, Bruyette & Woods lowered its target to $95 (market perform) and Jefferies cut to $91 (hold), signaling reduced upside in near term and reinforcing cautious analyst positioning. Keefe, Bruyette & Woods price-target note (Benzinga) Jefferies adjusts T. Rowe Price Group price target to $91
• Negative Sentiment: Structural outflows concern — analysis argues T. Rowe’s outflows are increasingly structural rather than cyclical, which is the most significant fundamental risk for revenue and margins over coming quarters. T. Rowe Price: Outflows Are Increasingly Structural

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.