T. Rowe Price Group (NASDAQ:TROW) Price Target Lowered to $90.00 at The Goldman Sachs Group

T. Rowe Price Group (NASDAQ:TROW) had its price target trimmed by The Goldman Sachs Group from $95.00 to $90.00 in a report published on Thursday,MarketScreener reports. The brokerage currently has a sell rating on the asset manager’s stock.

Other equities research analysts have also issued research reports about the stock. Evercore ISI lowered 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 report on Thursday. Morgan Stanley reduced their target price on T. Rowe Price Group from $128.00 to $123.00 and set an “equal weight” rating on the stock in a research note on Monday. Barclays set a $94.00 price target on shares of T. Rowe Price Group in a report on Thursday. Zacks Research cut shares of T. Rowe Price Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Finally, Citigroup raised their target price on shares of T. Rowe Price Group from $105.00 to $107.00 in a research report on Monday, November 3rd. Twelve analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $103.31.

T. Rowe Price Group Price Performance

Shares of T. Rowe Price Group stock traded up $1.20 during trading hours on Thursday, reaching $93.22. The company’s stock had a trading volume of 80,588 shares, compared to its average volume of 1,984,012. T. Rowe Price Group has a one year low of $77.85 and a one year high of $118.22. The firm has a 50 day moving average price of $104.53 and a 200-day moving average price of $104.53. The stock has a market cap of $20.34 billion, a P/E ratio of 10.07, a P/E/G ratio of 2.36 and a beta of 1.53.

T. Rowe Price Group (NASDAQ:TROW) last issued its quarterly earnings data 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 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%.The company’s revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.12 earnings per share. As a group, sell-side analysts forecast that T. Rowe Price Group will post 9.29 EPS for the current fiscal year.

Insider Buying and Selling

In other T. Rowe Price Group news, VP Arif Husain sold 4,260 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $101.96, for a total transaction of $434,349.60. Following the sale, the vice president owned 47,102 shares of the company’s stock, valued at approximately $4,802,519.92. This trade represents a 8.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On T. Rowe Price Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. grew its position in shares of T. Rowe Price Group by 66.7% in 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 boosted its position in shares of T. Rowe Price Group by 91.8% in the 4th quarter. TD Private Client Wealth LLC now owns 257 shares of the asset manager’s stock worth $26,000 after purchasing an additional 123 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in T. Rowe Price Group by 540.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 282 shares of the asset manager’s stock valued at $29,000 after buying an additional 238 shares in the last quarter. Root Financial Partners LLC purchased a new stake in T. Rowe Price Group in the third quarter valued at about $30,000. Finally, Canton Hathaway LLC purchased a new stake in shares of T. Rowe Price Group during the fourth quarter worth about $31,000. Hedge funds and other institutional investors own 73.39% of the company’s stock.

Key Stories Impacting 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.