Zacks Research Issues Positive Forecast for TROW Earnings

Key Points

• Analysts at Zacks Research have raised their earnings estimates for T. Rowe Price Group, projecting a Q2 2025 EPS of $1.99, slightly up from the previous forecast of $1.98.
• Despite the positive earnings outlook, multiple research firms have adjusted their price targets for T. Rowe Price Group, with TD Cowen lowering theirs from $112.00 to $89.00.
• T. Rowe Price Group recently declared a quarterly dividend of $1.27, reflecting an annual yield of 4.75% and a payout ratio of 57.60%.

T. Rowe Price Group, Inc. (NASDAQ:TROW - Free Report) - Zacks Research raised their Q2 2025 earnings per share (EPS) estimates for T. Rowe Price Group in a research note issued on Wednesday, July 23rd. Zacks Research analyst R. Department now expects that the asset manager will earn $1.99 per share for the quarter, up from their previous estimate of $1.98. 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 Q4 2025 earnings at $1.98 EPS, FY2025 earnings at $8.27 EPS and Q3 2026 earnings at $2.14 EPS.

TROW has been the subject of a number of other reports. Cowen reaffirmed a "hold" rating on shares of T. Rowe Price Group in a research note on Monday, May 5th. Barclays raised their price objective on T. Rowe Price Group from $90.00 to $91.00 and gave the company an "underweight" rating in a research note on Wednesday, July 16th. TD Cowen cut their price objective on T. Rowe Price Group from $112.00 to $89.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Wells Fargo & Company raised their target price on T. Rowe Price Group from $98.00 to $108.00 and gave the company an "equal weight" rating in a report on Friday, July 11th. Finally, Citigroup lowered their target price on T. Rowe Price Group from $100.00 to $95.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Four research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $96.64.

T. Rowe Price Group Stock Down 1.0%

Shares of TROW traded down $1.01 during midday trading on Monday, reaching $102.89. 329,784 shares of the stock were exchanged, compared to its average volume of 1,813,980. T. Rowe Price Group has a 12-month low of $77.85 and a 12-month high of $125.81. The firm has a 50 day simple moving average of $98.04 and a 200-day simple moving average of $98.54. The company has a market cap of $22.67 billion, a price-to-earnings ratio of 11.69, a P/E/G ratio of 3.09 and a beta of 1.49.

T. Rowe Price Group (NASDAQ:TROW - Get Free Report) last announced its earnings results on Friday, May 2nd. The asset manager reported $2.23 EPS for the quarter, beating the consensus estimate 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 20.17% and a net margin of 28.38%. T. Rowe Price Group's revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the business posted $2.38 earnings per share.

T. Rowe Price Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Friday, June 13th were given a $1.27 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $5.08 annualized dividend and a yield of 4.94%. T. Rowe Price Group's payout ratio is 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 T. Rowe Price Group stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $95.43, for a total value of $190,860.00. Following the completion of the transaction, the vice president owned 44,789 shares in the company, valued at approximately $4,274,214.27. The trade was a 4.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jessica M. Hiebler sold 968 shares of T. Rowe Price Group 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 completion of the transaction, the insider owned 13,611 shares of the company's stock, valued at approximately $1,319,994.78. The trade was a 6.64% decrease in their position. The disclosure for this sale can be found here. Insiders own 2.00% of the company's stock.

Hedge Funds Weigh In On T. Rowe Price Group

Institutional investors have recently bought and sold shares of the business. Exchange Traded Concepts LLC raised its position in shares of T. Rowe Price Group by 27.9% during the first quarter. Exchange Traded Concepts LLC now owns 971 shares of the asset manager's stock worth $89,000 after acquiring an additional 212 shares during the last quarter. Schroder Investment Management Group grew its stake in T. Rowe Price Group by 49.4% in the fourth quarter. Schroder Investment Management Group now owns 221,579 shares of the asset manager's stock valued at $25,229,000 after acquiring an additional 73,307 shares during the period. Wealthfront Advisers LLC grew its stake in T. Rowe Price Group by 109.2% in the first quarter. Wealthfront Advisers LLC now owns 69,326 shares of the asset manager's stock valued at $6,369,000 after acquiring an additional 36,190 shares during the period. Mather Group LLC. boosted its position in shares of T. Rowe Price Group by 11.9% during the first quarter. Mather Group LLC. now owns 135,571 shares of the asset manager's stock worth $12,455,000 after buying an additional 14,371 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of T. Rowe Price Group by 9,555.5% during the first quarter. GAMMA Investing LLC now owns 333,212 shares of the asset manager's stock worth $30,612,000 after buying an additional 329,761 shares during the period. 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.