Evercore ISI Raises T. Rowe Price Group (NASDAQ:TROW) Price Target to $116.00

T. Rowe Price Group (NASDAQ:TROW) had its price objective hoisted by investment analysts at Evercore ISI from $115.00 to $116.00 in a research report issued to clients and investors on Monday,MarketScreener reports. Evercore ISI’s target price would indicate a potential upside of 8.09% from the company’s current price.

TROW has been the topic of a number of other research reports. Jefferies Financial Group upped their price objective on shares of T. Rowe Price Group from $104.00 to $106.00 and gave the company a “hold” rating in a report on Tuesday, October 7th. JPMorgan Chase & Co. boosted their target price on shares of T. Rowe Price Group from $109.00 to $111.00 and gave the stock an “underweight” rating in a research report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft cut their price target on shares of T. Rowe Price Group from $113.00 to $106.00 and set a “hold” rating on the stock in a research note on Wednesday, December 17th. BMO Capital Markets lifted their price objective on shares of T. Rowe Price Group from $108.00 to $110.00 and gave the stock a “market perform” rating in a research note on Tuesday. Finally, Bank of America upped their target price on T. Rowe Price Group from $85.00 to $86.00 in a research report on Wednesday. Twelve analysts have rated the stock with a Hold rating and four have issued 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 $107.54.

T. Rowe Price Group Trading Up 1.2%

Shares of TROW traded up $1.24 during midday trading on Monday, hitting $107.32. 1,236,431 shares of the company’s stock traded hands, compared to its average volume of 1,893,713. The stock has a market capitalization of $23.42 billion, a price-to-earnings ratio of 11.69, a price-to-earnings-growth ratio of 2.62 and a beta of 1.52. T. Rowe Price Group has a 1 year low of $77.85 and a 1 year high of $118.32. The firm’s fifty day moving average is $103.51 and its 200-day moving average is $104.21.

T. Rowe Price Group (NASDAQ:TROW) last announced its earnings results on Friday, October 31st. The asset manager reported $2.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.55 by $0.26. T. Rowe Price Group had a return on equity of 19.95% and a net margin of 28.89%.The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same period in the prior year, the company posted $2.57 EPS. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. On average, equities research analysts anticipate that T. Rowe Price Group will post 9.29 EPS for the current year.

Insider Buying and Selling

In other T. Rowe Price Group news, VP Arif Husain sold 4,260 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $101.96, for a total transaction of $434,349.60. Following the sale, 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.00% of the company’s stock.

Institutional Trading of T. Rowe Price Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. TD Waterhouse Canada Inc. boosted 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 worth $25,000 after purchasing an additional 100 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of T. Rowe Price Group in the third quarter valued at approximately $30,000. Vermillion & White Wealth Management Group LLC raised its stake in shares of T. Rowe Price Group by 120.0% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 319 shares of the asset manager’s stock worth $31,000 after buying an additional 174 shares during the period. Salomon & Ludwin LLC grew its stake in T. Rowe Price Group by 84.3% in the 3rd quarter. Salomon & Ludwin LLC now owns 317 shares of the asset manager’s stock valued at $33,000 after acquiring an additional 145 shares during the period. Finally, Atlantic Union Bankshares Corp purchased a new stake in shares of T. Rowe Price Group during the second quarter worth about $35,000. 73.39% of the stock is owned by institutional investors and hedge funds.

Key T. Rowe Price Group News

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

• Positive Sentiment: Evercore raised its price target to $116 (from $115), maintaining an in-line rating — incremental upside and a vote of confidence from a sell-side source. Evercore PT Raise
• Positive Sentiment: BMO Capital raised its target to $110 (from $108) and kept a market-perform rating — a modest positive that signals stability around current levels. BMO PT Raise
• Positive Sentiment: Zacks highlights TROW’s strong earnings‑surprise history and says the stock has factors that make another beat likely — positive for near-term sentiment ahead of the next report. Zacks Earnings Beat Preview
• Positive Sentiment: Company reported preliminary month‑end assets under management for December 2025 — AUM prints and flows are a primary revenue driver for asset managers and any upside/steady flows support revenues and fees. AUM Preliminary Report
• Neutral Sentiment: TD Cowen trimmed its target to $109 (from $112) and kept a hold — slight change but still essentially neutral relative to current trading. TD Cowen Note
• Neutral Sentiment: General positive coverage pieces (Zacks, MSN/Yahoo) frame TROW as a solid growth/attractively priced asset-manager after recent headwinds — useful context but less immediate market-moving than analyst ratings or AUM/earnings data. MSN Article
• Negative Sentiment: Goldman Sachs cut its target to $95 and maintained a sell rating — one of the more bearish publicly noted takes and the largest downside call relative to current levels. Goldman Sachs Cut
• Negative Sentiment: Barclays trimmed its target to $101 and kept an underweight rating — another cautious take that adds selling pressure. Barclays Note
• Negative Sentiment: Bank of America nudged its target to $86 (from $85), keeping implied downside versus current price — a reminder some shops see larger valuation risk. BofA PT Change

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.