NewEdge Advisors LLC Reduces Stake in T. Rowe Price Group, Inc. $TROW

NewEdge Advisors LLC lessened its holdings in shares of T. Rowe Price Group, Inc. (NASDAQ:TROW) by 38.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,664 shares of the asset manager’s stock after selling 14,735 shares during the period. NewEdge Advisors LLC’s holdings in T. Rowe Price Group were worth $2,133,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in TROW. Robeco Institutional Asset Management B.V. raised its holdings in T. Rowe Price Group by 17.4% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 79,003 shares of the asset manager’s stock worth $8,088,000 after purchasing an additional 11,691 shares in the last quarter. LBP AM SA lifted its position in shares of T. Rowe Price Group by 23.9% during the 4th quarter. LBP AM SA now owns 156,879 shares of the asset manager’s stock worth $16,061,000 after buying an additional 30,226 shares during the last quarter. SVB Wealth LLC boosted its holdings in shares of T. Rowe Price Group by 77.5% in the 4th quarter. SVB Wealth LLC now owns 37,000 shares of the asset manager’s stock valued at $3,788,000 after buying an additional 16,155 shares in the last quarter. Generali Asset Management SPA SGR boosted its holdings in shares of T. Rowe Price Group by 1,680.4% in the 4th quarter. Generali Asset Management SPA SGR now owns 17,715 shares of the asset manager’s stock valued at $1,814,000 after buying an additional 16,720 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of T. Rowe Price Group by 3.8% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 520,782 shares of the asset manager’s stock valued at $54,489,000 after buying an additional 18,952 shares during the last quarter. 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: Quarterly results exceeded expectations: T. Rowe Price reported second-quarter revenue of $1.91 billion, up 10.7% year over year, while adjusted EPS of $2.57 topped the $2.52 consensus estimate. T. Rowe Price Q2 Earnings Top Estimates on Higher Revenues and Record AUM
• Positive Sentiment: Assets under management reached a record: Ending AUM was approximately $1.893 trillion, and average AUM increased 15.7% from a year earlier, supporting higher advisory fees and revenue. The company also returned $441 million to shareholders through dividends and repurchases. T. Rowe Price Q2 Earnings and AUM Report
• Neutral Sentiment: Investor focus is on the earnings call and outlook: The quarterly earnings call provided additional context on flows, expenses and the firm’s growth initiatives, which may shape expectations for future asset gathering and profitability. T. Rowe Price Group Q2 2026 Earnings Call Transcript
• Negative Sentiment: Net client outflows remain a key concern: The company recorded approximately $6.5 billion in net outflows during the quarter, suggesting continued pressure on organic growth despite market-driven AUM gains.
• Negative Sentiment: Expenses increased substantially: Operating expenses rose 9.8% year over year to about $1.37 billion, limiting the benefit of stronger revenue and reinforcing concerns about cost control.
• Negative Sentiment: Options activity and broker sentiment were cautious: Put-option purchases were roughly 151% above average, while brokerages maintained a consensus “Reduce” recommendation, adding to near-term selling pressure. T. Rowe Price Consensus Reduce Recommendation

T. Rowe Price Group Price Performance

Shares of T. Rowe Price Group stock opened at $111.75 on Friday. The firm’s fifty day simple moving average is $111.77 and its 200-day simple moving average is $102.15. The stock has a market capitalization of $23.94 billion, a price-to-earnings ratio of 11.98, a PEG ratio of 4.28 and a beta of 1.47. T. Rowe Price Group, Inc. has a 12 month low of $85.22 and a 12 month high of $122.00.

T. Rowe Price Group (NASDAQ:TROW) last released its quarterly earnings results on Friday, July 31st. The asset manager reported $2.57 EPS for the quarter, beating the consensus estimate of $2.52 by $0.05. T. Rowe Price Group had a net margin of 28.28% and a return on equity of 20.60%. The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter in the prior year, the firm earned $2.24 EPS. T. Rowe Price Group’s revenue for the quarter was up 10.7% on a year-over-year basis. Analysts anticipate that T. Rowe Price Group, Inc. will post 10.11 earnings per share for the current year.

T. Rowe Price Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Monday, June 15th were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, June 15th. T. Rowe Price Group’s dividend payout ratio is presently 55.73%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Zacks Research upgraded shares of T. Rowe Price Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 15th. BMO Capital Markets upped their price objective on shares of T. Rowe Price Group from $98.00 to $110.00 and gave the company a “market perform” rating in a research note on Monday, May 4th. Jefferies Financial Group dropped their price objective on T. Rowe Price Group from $107.00 to $91.00 and set a “hold” rating on the stock in a report on Wednesday, April 8th. JPMorgan Chase & Co. cut their target price on T. Rowe Price Group from $106.00 to $103.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Finally, Morgan Stanley set a $116.00 target price on T. Rowe Price Group in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, T. Rowe Price Group presently has an average rating of “Reduce” and an average price target of $105.08.

Insider Buying and Selling at T. Rowe Price Group

In other news, VP Stephon A. Jackson sold 3,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $102.56, for a total transaction of $307,680.00. Following the completion of the sale, the vice president owned 83,883 shares in the company, valued at approximately $8,603,040.48. This represents a 3.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.60% 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.