BI Asset Management Fondsmaeglerselskab A S Grows Stock Position in T. Rowe Price Group, Inc. $TROW

BI Asset Management Fondsmaeglerselskab A S grew its position in shares of T. Rowe Price Group, Inc. (NASDAQ:TROW) by 114.0% during the third quarter, Holdings Channel reports. The institutional investor owned 24,106 shares of the asset manager’s stock after purchasing an additional 12,839 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in T. Rowe Price Group were worth $2,474,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. TD Waterhouse Canada Inc. raised its position in shares of T. Rowe Price Group by 66.7% in the second quarter. TD Waterhouse Canada Inc. now owns 250 shares of the asset manager’s stock valued at $25,000 after purchasing an additional 100 shares during the period. Root Financial Partners LLC bought a new stake in shares of T. Rowe Price Group during the 3rd quarter valued at $30,000. Vermillion & White Wealth Management Group LLC boosted its stake in T. Rowe Price Group by 120.0% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 319 shares of the asset manager’s stock worth $31,000 after purchasing an additional 174 shares during the period. Salomon & Ludwin LLC boosted 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 worth $33,000 after purchasing an additional 145 shares during the period. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of T. Rowe Price Group during the second quarter valued at about $35,000. 73.39% of the stock is currently owned by institutional investors.

Trending Headlines about T. Rowe Price Group

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

• Positive Sentiment: Argus upgraded TROW to a “hold”, providing some support to the stock amid analyst churn. Zacks/Argus Upgrade
• Positive Sentiment: Company highlighted AUM growth and year‑over‑year revenue increase (helping offset the EPS miss), which reassures investors about underlying asset trends. Earnings Highlights
• Neutral Sentiment: Full Q4 earnings transcript and call are available for detail review — useful for investors assessing fee margins, flows and forward guidance. Q4 Transcript
• Neutral Sentiment: Unusually high options trading noted in the ticker, signaling elevated short‑term speculation/hedging activity around the stock. Options Activity
• Negative Sentiment: Goldman Sachs cut its price target to $90 and maintained a “sell” rating, adding downward pressure by signaling weaker near‑term outlook. Goldman Sachs PT Cut
• Negative Sentiment: Deutsche Bank trimmed its target to $100 and kept a “hold”, contributing to consensus PT compression. Deutsche Bank PT Cut
• Negative Sentiment: Multiple other shops lowered targets or ratings (JPMorgan to $106/underweight; TD Cowen to $97/hold; Evercore to $106/in‑line; KBW to $110/market perform) — the broad analyst downdrift increases downside risk until flow trends and margins clarify. Analyst PT Moves (Benzinga)
• Negative Sentiment: Coverage notes emphasize net outflows and the EPS miss in Q4 as the primary near‑term catalysts for further downgrades if flows remain weak. Seeking Alpha: Outflows & EPS Miss

Wall Street Analyst Weigh In

Several brokerages recently commented on TROW. BMO Capital Markets boosted their price objective on shares of T. Rowe Price Group from $108.00 to $110.00 and gave the company a “market perform” rating in a research note on Tuesday, January 13th. Bank of America upped their price objective on shares of T. Rowe Price Group from $85.00 to $86.00 in a research report on Wednesday, January 14th. Barclays set a $94.00 target price on shares of T. Rowe Price Group in a research report on Thursday. Morgan Stanley decreased 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, February 2nd. Finally, Keefe, Bruyette & Woods dropped their price objective 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. Twelve equities research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, T. Rowe Price Group currently has an average rating of “Reduce” and an average price target of $103.50.

T. Rowe Price Group Stock Up 2.8%

T. Rowe Price Group stock opened at $94.58 on Friday. T. Rowe Price Group, Inc. has a twelve month low of $77.85 and a twelve month high of $118.22. The firm has a fifty day simple moving average of $104.37 and a two-hundred day simple moving average of $104.44. The company has a market capitalization of $20.64 billion, a PE ratio of 10.22, a P/E/G ratio of 2.31 and a beta of 1.53.

T. Rowe Price Group (NASDAQ:TROW) last posted its quarterly 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 company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the previous year, the business earned $2.12 earnings per share. T. Rowe Price Group’s revenue was up 6.0% compared to the same quarter last year. As a group, equities analysts expect that T. Rowe Price Group, Inc. will post 9.29 earnings per share for the current fiscal year.

Insider Activity

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 directly owned 47,102 shares of the company’s stock, valued at approximately $4,802,519.92. This represents a 8.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.00% of the company’s stock.

T. Rowe Price Group 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.