Zacks Research Brokers Raise Earnings Estimates for TROW

Key Points

• Zacks Research has raised its Q3 2025 earnings estimate for T. Rowe Price Group, predicting earnings of $2.12 per share, an increase from a prior estimate of $2.11.
• The company recently declared a quarterly dividend of $1.27 per share, yielding 4.8% annually, with a payout ratio of 56.76%.
• Analysts have mixed ratings on the stock, with one Buy, eleven Holds, and four Sell ratings, and an average target price of $106.38.

T. Rowe Price Group, Inc. (NASDAQ:TROW - Free Report) - Research analysts at Zacks Research upped their Q3 2025 earnings estimates for shares of T. Rowe Price Group in a research report issued on Monday, October 13th. Zacks Research analyst Team now anticipates that the asset manager will post earnings of $2.12 per share for the quarter, up from their prior estimate of $2.11. Zacks Research currently has a "Hold" rating on the stock. 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 $2.13 EPS, FY2025 earnings at $8.72 EPS, Q1 2026 earnings at $2.27 EPS, Q2 2026 earnings at $2.29 EPS, Q3 2026 earnings at $2.34 EPS, Q4 2026 earnings at $2.45 EPS, FY2026 earnings at $9.35 EPS, Q1 2027 earnings at $2.41 EPS, Q2 2027 earnings at $2.44 EPS, Q3 2027 earnings at $2.43 EPS and FY2027 earnings at $9.65 EPS.

T. Rowe Price Group (NASDAQ:TROW - Get Free Report) last released its quarterly earnings data on Friday, August 1st. The asset manager reported $2.24 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.09. The company had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.72 billion. T. Rowe Price Group had a net margin of 28.72% and a return on equity of 19.77%. T. Rowe Price Group's revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.26 EPS.

Other analysts have also issued research reports about the stock. Bank of America lifted their price objective on shares of T. Rowe Price Group from $91.00 to $97.00 and gave the company an "underperform" rating in a research note on Thursday, October 2nd. TD Cowen upped their target price on shares of T. Rowe Price Group from $103.00 to $108.00 and gave the stock a "hold" rating in a research note on Wednesday, October 8th. JPMorgan Chase & Co. increased their price target on shares of T. Rowe Price Group from $98.00 to $102.00 and gave the company an "underweight" rating in a research report on Monday, August 4th. Evercore ISI increased their price target on shares of T. Rowe Price Group from $115.00 to $118.00 and gave the company an "in-line" rating in a research report on Thursday, October 9th. Finally, BMO Capital Markets initiated coverage on shares of T. Rowe Price Group in a research report on Friday, October 3rd. They set a "market perform" rating and a $108.00 price target for the company. One research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Reduce" and an average target price of $106.38.

T. Rowe Price Group Stock Up 3.9%

NASDAQ:TROW opened at $105.36 on Tuesday. The company has a fifty day moving average of $105.81 and a 200-day moving average of $98.58. The firm has a market capitalization of $23.15 billion, a P/E ratio of 11.77, a P/E/G ratio of 6.51 and a beta of 1.50. T. Rowe Price Group has a twelve month low of $77.85 and a twelve month high of $125.81.

T. Rowe Price Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 15th were issued a $1.27 dividend. This represents a $5.08 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Monday, September 15th. T. Rowe Price Group's dividend payout ratio is presently 56.76%.

Insider Activity

In other news, Director Robert F. Maclellan sold 3,090 shares of the stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $105.01, for a total value of $324,480.90. Following the sale, the director directly owned 47,335 shares of the company's stock, valued at approximately $4,970,648.35. This represents a 6.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.60% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. TD Waterhouse Canada Inc. increased its position in shares of T. Rowe Price Group by 66.7% in the second quarter. TD Waterhouse Canada Inc. now owns 250 shares of the asset manager's stock worth $25,000 after purchasing an additional 100 shares during the last quarter. Zions Bancorporation National Association UT bought a new position in T. Rowe Price Group during the first quarter valued at approximately $27,000. Vermillion & White Wealth Management Group LLC grew its position in T. Rowe Price Group by 120.0% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 319 shares of the asset manager's stock valued at $31,000 after acquiring an additional 174 shares during the last quarter. Hexagon Capital Partners LLC raised its holdings in T. Rowe Price Group by 44.8% during the 1st quarter. Hexagon Capital Partners LLC now owns 365 shares of the asset manager's stock valued at $34,000 after buying an additional 113 shares during the last quarter. Finally, Atlantic Union Bankshares Corp bought a new stake in T. Rowe Price Group during the 2nd quarter valued at $35,000. 73.39% of the stock is currently owned by 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.

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