Zacks Research Issues Negative Estimate for TROW Earnings

T. Rowe Price Group, Inc. (NASDAQ:TROW) – Analysts at Zacks Research reduced their Q1 2025 EPS estimates for shares of T. Rowe Price Group in a research note issued to investors on Monday, April 14th. Zacks Research analyst R. Department now expects that the asset manager will post earnings of $2.09 per share for the quarter, down from their prior forecast of $2.15. 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 Q2 2025 earnings at $2.05 EPS, Q3 2025 earnings at $2.17 EPS, Q4 2025 earnings at $2.05 EPS, Q1 2026 earnings at $2.07 EPS and Q2 2026 earnings at $2.09 EPS.

T. Rowe Price Group (NASDAQ:TROW) last posted its quarterly earnings data on Wednesday, February 5th. The asset manager reported $2.12 earnings per share for the quarter, missing the consensus estimate of $2.20 by ($0.08). T. Rowe Price Group had a return on equity of 20.83% and a net margin of 29.61%. During the same period last year, the firm posted $1.72 EPS.

Other equities analysts have also issued research reports about the stock. Barclays dropped their target price on shares of T. Rowe Price Group from $105.00 to $85.00 and set an “underweight” rating on the stock in a research report on Wednesday. Citigroup cut their price objective on shares of T. Rowe Price Group from $100.00 to $95.00 and set a “neutral” rating for the company in a research report on Monday. StockNews.com lowered T. Rowe Price Group from a “buy” rating to a “hold” rating in a research note on Sunday, February 2nd. Morgan Stanley reduced their price objective on T. Rowe Price Group from $126.00 to $121.00 and set an “equal weight” rating for the company in a research report on Monday, February 24th. Finally, Wells Fargo & Company lowered their price objective on T. Rowe Price Group from $116.00 to $98.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 8th. Four research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $96.00.

T. Rowe Price Group Stock Down 2.5 %

Shares of NASDAQ TROW opened at $85.37 on Tuesday. T. Rowe Price Group has a 12 month low of $77.85 and a 12 month high of $125.81. The company has a market cap of $18.97 billion, a P/E ratio of 9.32, a P/E/G ratio of 2.86 and a beta of 1.50. The business’s 50 day moving average is $96.58 and its two-hundred day moving average is $108.71.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Smithbridge Asset Management Inc. DE acquired a new stake in T. Rowe Price Group in the 1st quarter valued at about $3,404,000. Rockland Trust Co. increased its holdings in shares of T. Rowe Price Group by 7.0% in the first quarter. Rockland Trust Co. now owns 15,392 shares of the asset manager’s stock valued at $1,414,000 after purchasing an additional 1,012 shares in the last quarter. Polianta Ltd acquired a new stake in shares of T. Rowe Price Group in the first quarter valued at approximately $1,130,000. Fort Washington Investment Advisors Inc. OH lifted its holdings in T. Rowe Price Group by 7.7% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 303,833 shares of the asset manager’s stock worth $27,913,000 after buying an additional 21,759 shares in the last quarter. Finally, Bellecapital International Ltd. lifted its holdings in T. Rowe Price Group by 26.5% during the 1st quarter. Bellecapital International Ltd. now owns 15,246 shares of the asset manager’s stock worth $1,401,000 after buying an additional 3,195 shares in the last quarter. 73.39% of the stock is owned by institutional investors.

Insider Activity

In other news, VP Arif Husain sold 4,112 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $109.27, for a total value of $449,318.24. Following the transaction, the vice president now directly owns 36,800 shares of the company’s stock, valued at $4,021,136. The trade was a 10.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert F. Maclellan sold 3,955 shares of the stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $91.56, for a total value of $362,119.80. Following the sale, the director now owns 42,979 shares in the company, valued at approximately $3,935,157.24. This trade represents a 8.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.00% of the stock is owned by corporate insiders.

T. Rowe Price Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued a dividend of $1.27 per share. The ex-dividend date of this dividend was Friday, March 14th. This is a boost from T. Rowe Price Group’s previous quarterly dividend of $1.24. This represents a $5.08 dividend on an annualized basis and a dividend yield of 5.95%. T. Rowe Price Group’s dividend payout ratio (DPR) is presently 55.46%.

About T. Rowe Price Group

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.