Zacks Research Issues Pessimistic Forecast for TROW Earnings

T. Rowe Price Group, Inc. (NASDAQ:TROW - Free Report) - Research analysts at Zacks Research cut their FY2025 earnings estimates for shares of T. Rowe Price Group in a note issued to investors on Monday, April 14th. Zacks Research analyst R. Department now expects that the asset manager will earn $8.36 per share for the year, down from their prior estimate of $9.05. 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 Q3 2026 earnings at $2.14 EPS, Q4 2026 earnings at $2.18 EPS, FY2026 earnings at $8.47 EPS, Q1 2027 earnings at $2.17 EPS and FY2027 earnings at $8.92 EPS.

T. Rowe Price Group (NASDAQ:TROW - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The asset manager reported $2.12 EPS for the quarter, missing analysts' consensus estimates of $2.20 by ($0.08). T. Rowe Price Group had a net margin of 29.61% and a return on equity of 20.83%. During the same period in the previous year, the company earned $1.72 EPS.

A number of other research firms also recently weighed in on TROW. Wells Fargo & Company reduced their target price on shares of T. Rowe Price Group from $116.00 to $98.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Barclays lowered their target price on T. Rowe Price Group from $105.00 to $85.00 and set an "underweight" rating on the stock in a research note on Wednesday. The Goldman Sachs Group cut their price target on T. Rowe Price Group from $89.00 to $80.00 and set a "sell" rating for the company in a research note on Monday, April 14th. Keefe, Bruyette & Woods restated a "market perform" rating and issued a $113.00 price objective (up from $111.00) on shares of T. Rowe Price Group in a research note on Thursday, February 6th. Finally, Evercore ISI cut their target price on shares of T. Rowe Price Group from $104.00 to $80.00 and set an "in-line" rating for the company in a research report on Friday, April 11th. Four investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $96.00.

T. Rowe Price Group Price Performance

Shares of NASDAQ TROW traded up $0.74 during mid-day trading on Wednesday, reaching $86.11. 4,903,880 shares of the company's stock were exchanged, compared to its average volume of 1,453,090. The firm has a market capitalization of $19.14 billion, a price-to-earnings ratio of 9.40, a price-to-earnings-growth ratio of 2.86 and a beta of 1.50. The firm has a 50-day moving average price of $95.65 and a two-hundred day moving average price of $108.41. T. Rowe Price Group has a 52 week low of $77.85 and a 52 week high of $125.81.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Addison Advisors LLC lifted its stake in T. Rowe Price Group by 67.4% in the fourth quarter. Addison Advisors LLC now owns 231 shares of the asset manager's stock worth $26,000 after purchasing an additional 93 shares during the last quarter. Curio Wealth LLC bought a new stake in shares of T. Rowe Price Group in the 4th quarter valued at about $27,000. Y.D. More Investments Ltd grew its position in T. Rowe Price Group by 124.0% during the 4th quarter. Y.D. More Investments Ltd now owns 280 shares of the asset manager's stock worth $32,000 after acquiring an additional 155 shares during the last quarter. Stonebridge Financial Group LLC purchased a new position in T. Rowe Price Group in the 4th quarter worth approximately $32,000. Finally, Advantage Trust Co boosted its stake in shares of T. Rowe Price Group by 48.8% during the fourth quarter. Advantage Trust Co now owns 305 shares of the asset manager's stock valued at $34,000 after purchasing an additional 100 shares during the period. 73.39% of the stock is currently owned by institutional investors.

Insider Activity

In other T. Rowe Price Group news, Director Robert F. Maclellan sold 3,955 shares of the business's stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $91.56, for a total value of $362,119.80. Following the completion of the transaction, the director now owns 42,979 shares of the company's stock, valued at $3,935,157.24. The trade was a 8.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Arif Husain sold 4,112 shares of the stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $109.27, for a total value of $449,318.24. Following the completion of the transaction, the vice president now directly owns 36,800 shares in the company, valued at approximately $4,021,136. This represents a 10.05 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.00% of the company's stock.

T. Rowe Price Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued a $1.27 dividend. This represents a $5.08 annualized dividend and a yield of 5.90%. This is an increase from T. Rowe Price Group's previous quarterly dividend of $1.24. The ex-dividend date was Friday, March 14th. T. Rowe Price Group's dividend payout ratio (DPR) is presently 55.46%.

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.