
T. Rowe Price Group, Inc. (NASDAQ:TROW – Free Report) – Equities research analysts at Zacks Research lifted their Q1 2026 EPS estimates for shares of T. Rowe Price Group in a report issued on Friday, November 21st. Zacks Research analyst Team now forecasts that the asset manager will post earnings per share of $2.42 for the quarter, up from their prior forecast of $2.27. Zacks Research currently has a “Strong-Buy” rating on the stock. 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 2026 earnings at $2.49 EPS, Q3 2026 earnings at $2.57 EPS, Q4 2026 earnings at $2.65 EPS, Q1 2027 earnings at $2.51 EPS, Q2 2027 earnings at $2.54 EPS, Q3 2027 earnings at $2.53 EPS and FY2027 earnings at $10.04 EPS.
Several other equities research analysts have also recently weighed in on TROW. Deutsche Bank Aktiengesellschaft upped their price objective on shares of T. Rowe Price Group from $112.00 to $113.00 and gave the stock a “hold” rating in a research report on Friday, November 14th. Barclays set a $101.00 target price on shares of T. Rowe Price Group in a research report on Monday, November 3rd. TD Cowen increased their price target on shares of T. Rowe Price Group from $108.00 to $112.00 and gave the stock a “hold” rating in a research report on Monday, November 3rd. Keefe, Bruyette & Woods lifted their price objective on shares of T. Rowe Price Group from $115.00 to $117.00 and gave the company a “market perform” rating in a research note on Monday, November 3rd. Finally, The Goldman Sachs Group upped their target price on T. Rowe Price Group from $93.00 to $98.00 in a research note on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $109.38.
T. Rowe Price Group Stock Up 0.1%
NASDAQ TROW opened at $100.45 on Monday. The firm has a 50-day moving average price of $103.08 and a two-hundred day moving average price of $101.72. T. Rowe Price Group has a 12-month low of $77.85 and a 12-month high of $125.81. The company has a market capitalization of $21.92 billion, a P/E ratio of 11.22, a P/E/G ratio of 5.61 and a beta of 1.51.
T. Rowe Price Group (NASDAQ:TROW – Get Free Report) last released its quarterly earnings results on Friday, October 31st. The asset manager reported $2.81 earnings per share for the quarter, beating the consensus estimate of $2.55 by $0.26. The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.88 billion. T. Rowe Price Group had a net margin of 28.72% and a return on equity of 19.77%. The business’s revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.57 EPS.
T. Rowe Price Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th will be given a $1.27 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $5.08 annualized dividend and a dividend yield of 5.1%. T. Rowe Price Group’s dividend payout ratio (DPR) is 55.34%.
Insider Buying and Selling at T. Rowe Price Group
In related news, Director Robert F. Maclellan sold 3,090 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $105.01, for a total transaction of $324,480.90. Following the completion of the sale, the director owned 47,335 shares of the company’s stock, valued at $4,970,648.35. This trade represents a 6.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 2.00% of the company’s stock.
Institutional Investors Weigh In On T. Rowe Price Group
A number of hedge funds have recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. lifted its position in T. Rowe Price Group by 66.7% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 250 shares of the asset manager’s stock valued at $25,000 after acquiring an additional 100 shares in the last quarter. Zions Bancorporation National Association UT bought a new position in shares of T. Rowe Price Group in the first quarter valued at approximately $27,000. Root Financial Partners LLC purchased a new position in shares of T. Rowe Price Group during the third quarter valued at approximately $30,000. Vermillion & White Wealth Management Group LLC boosted its position in shares of T. Rowe Price Group by 120.0% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 319 shares of the asset manager’s stock valued at $31,000 after buying an additional 174 shares during the last quarter. Finally, Salomon & Ludwin LLC grew its holdings in T. Rowe Price Group by 84.3% during the third quarter. Salomon & Ludwin LLC now owns 317 shares of the asset manager’s stock worth $33,000 after buying an additional 145 shares in the last quarter. Institutional investors and hedge funds 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.
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