T. Rowe Price Group (NASDAQ:TROW) Given New $100.00 Price Target at Deutsche Bank Aktiengesellschaft

T. Rowe Price Group (NASDAQ:TROW) had its target price trimmed by Deutsche Bank Aktiengesellschaft from $106.00 to $100.00 in a research note published on Thursday,MarketScreener reports. The brokerage currently has a hold rating on the asset manager’s stock.

A number of other brokerages have also issued reports on TROW. Bank of America boosted their price target on shares of T. Rowe Price Group from $85.00 to $86.00 in a research note on Wednesday, January 14th. Argus raised T. Rowe Price Group to a “hold” rating in a research note on Thursday. Weiss Ratings reiterated a “hold (c+)” rating on shares of T. Rowe Price Group in a research report on Monday, December 29th. The Goldman Sachs Group cut their price target 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. Finally, Morgan Stanley reduced their price target on shares of T. Rowe Price Group from $128.00 to $123.00 and set an “equal weight” rating on the stock in a report on Monday. Twelve investment analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, T. Rowe Price Group currently has a consensus rating of “Reduce” and an average price target of $103.31.

T. Rowe Price Group Price Performance

Shares of TROW stock traded up $1.20 during midday trading on Thursday, hitting $93.22. The company had a trading volume of 80,588 shares, compared to its average volume of 1,984,012. The stock has a market cap of $20.34 billion, a price-to-earnings ratio of 10.07, a PEG ratio of 2.36 and a beta of 1.53. The company’s 50 day simple moving average is $104.53 and its 200 day simple moving average is $104.53. T. Rowe Price Group has a 52-week low of $77.85 and a 52-week high of $118.22.

T. Rowe Price Group (NASDAQ:TROW) last issued its quarterly 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 company 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%.T. Rowe Price Group’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.12 earnings per share. Analysts anticipate that T. Rowe Price Group will post 9.29 EPS for the current year.

Insider Buying and Selling

In other news, VP Arif Husain sold 4,260 shares of the company’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $101.96, for a total transaction of $434,349.60. Following the completion of the transaction, the vice president owned 47,102 shares of the company’s stock, valued at $4,802,519.92. This represents a 8.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On T. Rowe Price Group

A number of large investors have recently bought and sold shares of the stock. TD Waterhouse Canada Inc. increased its holdings in shares of T. Rowe Price Group by 66.7% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 250 shares of the asset manager’s stock worth $25,000 after buying an additional 100 shares during the last quarter. TD Private Client Wealth LLC increased its stake in T. Rowe Price Group by 91.8% during the fourth quarter. TD Private Client Wealth LLC now owns 257 shares of the asset manager’s stock worth $26,000 after acquiring an additional 123 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of T. Rowe Price Group by 540.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 282 shares of the asset manager’s stock worth $29,000 after purchasing an additional 238 shares during the period. Root Financial Partners LLC acquired a new position in shares of T. Rowe Price Group in the 3rd quarter valued at about $30,000. Finally, Canton Hathaway LLC purchased a new stake in shares of T. Rowe Price Group during the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 73.39% of the company’s stock.

Trending Headlines about T. Rowe Price Group

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

• Positive Sentiment: Company reports continued AUM and advisory‑fee growth, which management highlighted on the call and provides some revenue support despite headwinds. Earnings Call Highlights
• Neutral Sentiment: Argus moved TROW to a “hold” rating (small supportive signal but limited near‑term impact). Zacks / Argus Note
• Neutral Sentiment: Full Q4 earnings and call transcripts are available for investors to review details on flows, expenses and strategy. Q4 Earnings Transcript
• Negative Sentiment: Q4 results: EPS marginally missed consensus (reported $2.44 vs. ~$2.47 expected) and the quarter showed rising operating expenses — analysts and media flagged the miss and cost pressure. Gap Down on Disappointing Earnings
• Negative Sentiment: Flows and net‑outflow commentary: coverage and analysts cited net outflows/flow challenges as a driver of the earnings reaction. Seeking Alpha: Net Outflows
• Negative Sentiment: Multiple analysts cut targets/ratings after results (JPMorgan to Underweight, TD Cowen, Evercore ISI, KBW lowered PTs), putting near‑term downward pressure on the shares. Benzinga: Analyst PT Changes
• Negative Sentiment: Unusually high put option volume was reported (large spike in put buying), signaling active bearish positioning by traders. Options Trading Alert
• Negative Sentiment: Market commentary summarized the beat/miss mix as a concern: modest revenue/fee support but higher expenses and flow challenges dominated investor reaction. Zacks: Earnings Miss & Expenses

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.