Zacks Research Issues Negative Estimate for TROW Earnings

T. Rowe Price Group, Inc. (NASDAQ:TROW - Free Report) - Investment analysts at Zacks Research lowered their Q2 2025 EPS estimates for shares of T. Rowe Price Group in a research note issued on Friday, May 23rd. Zacks Research analyst R. Department now expects that the asset manager will earn $1.98 per share for the quarter, down 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 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.

TROW has been the topic of several other reports. Wells Fargo & Company cut 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 note on Tuesday, April 8th. Wall Street Zen lowered shares of T. Rowe Price Group from a "buy" rating to a "hold" rating in a research note on Sunday, February 2nd. The Goldman Sachs Group dropped their price target 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. Morgan Stanley boosted their price target on shares of T. Rowe Price Group from $94.00 to $95.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 6th. Finally, Bank of America decreased their price objective on shares of T. Rowe Price Group from $90.00 to $85.00 and set an "underperform" rating on the stock in a report on Thursday, April 3rd. Four analysts have rated the stock with a sell rating and nine have given a hold rating to the company's stock. According to MarketBeat, T. Rowe Price Group has a consensus rating of "Hold" and an average price target of $94.09.

T. Rowe Price Group Price Performance

Shares of TROW traded down $1.56 during midday trading on Monday, reaching $94.00. The stock had a trading volume of 901,907 shares, compared to its average volume of 1,490,979. T. Rowe Price Group has a 1-year low of $77.85 and a 1-year high of $125.81. The company's fifty day simple moving average is $90.71 and its two-hundred day simple moving average is $104.77. The company has a market cap of $20.71 billion, a price-to-earnings ratio of 10.26, a PEG ratio of 2.86 and a beta of 1.50.

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

T. Rowe Price Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be given a $1.27 dividend. This represents a $5.08 dividend on an annualized basis and a dividend yield of 5.40%. The ex-dividend date is Friday, June 13th. T. Rowe Price Group's dividend payout ratio is presently 57.60%.

Insider Activity

In other news, Director Robert F. Maclellan sold 3,955 shares of the stock in a transaction on 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 owns 42,979 shares of the company's stock, valued at $3,935,157.24. This represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction of $93,876.64. Following the completion of the transaction, the insider now owns 13,611 shares of the company's stock, valued at $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. Company insiders own 2.00% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Addison Advisors LLC boosted 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 valued at $26,000 after acquiring an additional 93 shares during the last quarter. Curio Wealth LLC acquired a new stake in shares of T. Rowe Price Group in the 4th quarter worth about $27,000. Y.D. More Investments Ltd increased its holdings in shares of T. Rowe Price Group by 124.0% in the 4th quarter. Y.D. More Investments Ltd now owns 280 shares of the asset manager's stock worth $32,000 after acquiring an additional 155 shares during the period. Stonebridge Financial Group LLC acquired a new position in T. Rowe Price Group during the 4th quarter valued at about $32,000. Finally, Zions Bancorporation National Association UT acquired a new position in T. Rowe Price Group during the 1st quarter valued at about $27,000. 73.39% of the stock is currently owned by hedge funds and other institutional investors.

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.