Q1 EPS Forecast for T. Rowe Price Group Lifted by Analyst

T. Rowe Price Group, Inc. (NASDAQ:TROW - Free Report) - Stock analysts at Zacks Research lifted their Q1 2026 earnings per share (EPS) estimates for shares of T. Rowe Price Group in a research report issued to clients and investors on Tuesday, June 10th. Zacks Research analyst R. Department now expects that the asset manager will post earnings of $2.07 per share for the quarter, up from their previous forecast of $2.05. 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 Q2 2026 earnings at $2.07 EPS, FY2026 earnings at $8.46 EPS and FY2027 earnings at $8.84 EPS.

A number of other analysts also recently commented on TROW. Barclays boosted their price objective on T. Rowe Price Group from $85.00 to $90.00 and gave the stock an "underweight" rating in a research note on Monday, May 5th. Wells Fargo & Company dropped their price target on shares of 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. TD Cowen reduced their price objective on shares of T. Rowe Price Group from $112.00 to $89.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. The Goldman Sachs Group lowered their price objective on shares of T. Rowe Price Group from $89.00 to $80.00 and set a "sell" rating on the stock in a research note on Monday, April 14th. Finally, Citigroup cut their target price on shares of T. Rowe Price Group from $100.00 to $95.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. Four investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $94.09.

T. Rowe Price Group Stock Performance

Shares of TROW traded down $3.00 during midday trading on Friday, hitting $91.58. 1,195,694 shares of the stock traded hands, compared to its average volume of 1,506,909. T. Rowe Price Group has a 1-year low of $77.85 and a 1-year high of $125.81. The business's 50 day moving average price is $91.43 and its two-hundred day moving average price is $102.81. The firm has a market capitalization of $20.18 billion, a PE ratio of 10.00, a price-to-earnings-growth ratio of 2.86 and a beta of 1.49.

T. Rowe Price Group (NASDAQ:TROW - Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The asset manager reported $2.23 EPS for the quarter, beating analysts' consensus estimates of $2.13 by $0.10. T. Rowe Price Group had a return on equity of 20.83% and a net margin of 29.61%. The firm had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter in the prior year, the business posted $2.38 earnings per share. T. Rowe Price Group's revenue for the quarter was up .8% on a year-over-year basis.

T. Rowe Price Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be issued a dividend of $1.27 per share. The ex-dividend date is Friday, June 13th. This represents a $5.08 annualized dividend and a yield of 5.55%. T. Rowe Price Group's dividend payout ratio is currently 57.60%.

Insider Buying and Selling at T. Rowe Price Group

In other T. Rowe Price Group news, VP Dorothy C. Sawyer sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $95.43, for a total transaction of $190,860.00. Following the sale, the vice president now directly owns 44,789 shares in the company, valued at approximately $4,274,214.27. This trade represents a 4.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jessica M. Hiebler sold 968 shares of the business's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $96.98, for a total value of $93,876.64. Following the completion of the sale, the insider now owns 13,611 shares in the company, valued at approximately $1,319,994.78. This trade represents a 6.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,923 shares of company stock worth $646,856. Company insiders own 2.00% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TROW. Glenview Trust co grew its position in shares of T. Rowe Price Group by 2.2% in the fourth quarter. Glenview Trust co now owns 4,318 shares of the asset manager's stock valued at $488,000 after purchasing an additional 92 shares during the last quarter. Addison Advisors LLC increased its stake in T. Rowe Price Group by 67.4% during the 4th quarter. Addison Advisors LLC now owns 231 shares of the asset manager's stock worth $26,000 after acquiring an additional 93 shares during the period. Advantage Trust Co lifted its position in shares of T. Rowe Price Group by 48.8% during the 4th quarter. Advantage Trust Co now owns 305 shares of the asset manager's stock valued at $34,000 after acquiring an additional 100 shares during the period. Valeo Financial Advisors LLC grew its holdings in shares of T. Rowe Price Group by 3.5% during the 4th quarter. Valeo Financial Advisors LLC now owns 2,996 shares of the asset manager's stock worth $339,000 after purchasing an additional 102 shares in the last quarter. Finally, Strategy Asset Managers LLC lifted its position in T. Rowe Price Group by 5.0% during the fourth quarter. Strategy Asset Managers LLC now owns 2,277 shares of the asset manager's stock worth $258,000 after purchasing an additional 108 shares during the period. 73.39% of the stock is currently owned by institutional investors and hedge funds.

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.