Evercore ISI Lowers T. Rowe Price Group (NASDAQ:TROW) Price Target to $106.00

T. Rowe Price Group (NASDAQ:TROW) had its price objective lowered by research analysts at Evercore ISI from $116.00 to $106.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. Evercore ISI’s target price would suggest a potential upside of 12.07% from the stock’s current price.

A number of other brokerages have also recently commented on TROW. JPMorgan Chase & Co. cut their price target on shares of T. Rowe Price Group from $108.00 to $106.00 and set an “underweight” rating for the company in a research note on Thursday. Evercore cut their target price on shares of T. Rowe Price Group from $116.00 to $106.00 and set an “in-line” rating for the company in a research note on Thursday. Bank of America boosted their price target on T. Rowe Price Group from $85.00 to $86.00 in a research report on Wednesday, January 14th. TD Cowen cut their price objective on T. Rowe Price Group from $109.00 to $97.00 and set a “hold” rating for the company in a research report on Thursday. Finally, 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 report on Tuesday, January 13th. Twelve investment analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $103.50.

T. Rowe Price Group Stock Performance

Shares of TROW opened at $94.58 on Thursday. T. Rowe Price Group has a 52 week low of $77.85 and a 52 week high of $118.22. The firm has a market capitalization of $20.64 billion, a price-to-earnings ratio of 10.22, a PEG ratio of 2.24 and a beta of 1.53. The business’s fifty day moving average price is $104.37 and its two-hundred day moving average price is $104.46.

T. Rowe Price Group (NASDAQ:TROW) last released its earnings results on Wednesday, February 4th. The asset manager reported $2.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.47 by ($0.03). The firm had revenue of $1.93 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the company posted $2.12 EPS. As a group, research analysts forecast that T. Rowe Price Group will post 9.29 EPS for the current year.

Insider Activity at T. Rowe Price Group

In related news, VP Arif Husain sold 4,260 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $101.96, for a total value of $434,349.60. Following the transaction, the vice president directly owned 47,102 shares in the company, valued at approximately $4,802,519.92. This represents a 8.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On T. Rowe Price Group

Institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its position in T. Rowe Price Group by 15.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,674 shares of the asset manager’s stock valued at $171,000 after buying an additional 219 shares in the last quarter. Legato Capital Management LLC bought a new stake in shares of T. Rowe Price Group during the 4th quarter valued at $702,000. Evoke Wealth LLC lifted its position in T. Rowe Price Group by 16.7% during the fourth quarter. Evoke Wealth LLC now owns 3,543 shares of the asset manager’s stock valued at $363,000 after purchasing an additional 506 shares in the last quarter. Vantage Investment Partners LLC increased its stake in shares of T. Rowe Price Group by 1.2% in the fourth quarter. Vantage Investment Partners LLC now owns 128,774 shares of the asset manager’s stock worth $13,184,000 after purchasing an additional 1,585 shares in the last quarter. Finally, Kingdom Financial Group LLC. purchased a new position in shares of T. Rowe Price Group in the fourth quarter worth $57,000. Hedge funds and other institutional investors own 73.39% of the company’s stock.

T. Rowe Price Group News Summary

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

About T. Rowe Price Group

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.