Q2 EPS Forecast for T. Rowe Price Group Reduced by Analyst

T. Rowe Price Group, Inc. (NASDAQ:TROW - Free Report) - Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for T. Rowe Price Group in a report issued on Friday, May 23rd. Zacks Research analyst R. Department now expects that the asset manager will post earnings per share of $1.98 for the quarter, down from their prior estimate 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 Q3 2025 earnings at $2.08 EPS, Q4 2025 earnings at $1.97 EPS, FY2025 earnings at $8.26 EPS, Q1 2026 earnings at $2.05 EPS, Q2 2026 earnings at $2.06 EPS, Q3 2026 earnings at $2.13 EPS, FY2026 earnings at $8.43 EPS and FY2027 earnings at $8.78 EPS.

Other equities research analysts have also recently issued research reports about the company. Barclays raised their price objective on T. Rowe Price Group from $85.00 to $90.00 and gave the stock an "underweight" rating in a report on Monday, May 5th. Cowen restated a "hold" rating on shares of T. Rowe Price Group in a report on Monday, May 5th. Evercore ISI decreased their price objective on T. Rowe Price Group from $104.00 to $80.00 and set an "in-line" rating on the stock in a report on Friday, April 11th. The Goldman Sachs Group cut their target price on T. Rowe Price Group from $89.00 to $80.00 and set a "sell" rating on the stock in a research report on Monday, April 14th. Finally, Keefe, Bruyette & Woods reaffirmed a "market perform" rating and issued a $113.00 target price (up from $111.00) on shares of T. Rowe Price Group in a research report on Thursday, February 6th. Four equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. According to data from MarketBeat, T. Rowe Price Group has an average rating of "Hold" and a consensus price target of $94.09.

T. Rowe Price Group Price Performance

T. Rowe Price Group stock traded down $0.74 during mid-day trading on Monday, hitting $93.58. 97,864 shares of the company were exchanged, compared to its average volume of 1,487,946. T. Rowe Price Group has a 12-month low of $77.85 and a 12-month high of $125.81. The business's 50 day simple moving average is $90.70 and its two-hundred day simple moving average is $104.53. The company has a market capitalization of $20.62 billion, a P/E ratio of 10.22, a PEG ratio of 2.86 and a beta of 1.50.

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

T. Rowe Price Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be paid a $1.27 dividend. The ex-dividend date is Friday, June 13th. This represents a $5.08 dividend on an annualized basis and a yield of 5.43%. T. Rowe Price Group's payout ratio is currently 57.60%.

Insider Buying and Selling at T. Rowe Price Group

In other news, insider Jessica M. Hiebler sold 968 shares of the company's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $96.98, for a total value of $93,876.64. Following the transaction, the insider now directly owns 13,611 shares of the company's stock, valued at approximately $1,319,994.78. This represents a 6.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Robert F. Maclellan sold 3,955 shares of the firm's stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $91.56, for a total value of $362,119.80. Following the completion of the sale, the director now directly owns 42,979 shares in the company, valued at approximately $3,935,157.24. This 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 currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TROW. Vanguard Group Inc. grew its holdings in T. Rowe Price Group by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 26,286,393 shares of the asset manager's stock worth $2,414,931,000 after acquiring an additional 222,556 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of T. Rowe Price Group by 7.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 7,706,251 shares of the asset manager's stock worth $707,973,000 after purchasing an additional 519,075 shares in the last quarter. Fayez Sarofim & Co boosted its position in shares of T. Rowe Price Group by 7.6% during the 4th quarter. Fayez Sarofim & Co now owns 6,052,469 shares of the asset manager's stock worth $684,474,000 after acquiring an additional 425,142 shares in the last quarter. Geode Capital Management LLC lifted its stake in T. Rowe Price Group by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 5,631,429 shares of the asset manager's stock valued at $635,260,000 after purchasing an additional 116,231 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of T. Rowe Price Group by 43.2% during the first quarter. Invesco Ltd. now owns 3,433,684 shares of the asset manager's stock valued at $315,453,000 after acquiring an additional 1,035,865 shares during the last quarter. Institutional investors own 73.39% of the company's stock.

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.