Zacks Research Analysts Lift Earnings Estimates for TROW

Key Points

• Zacks Research has raised its Q3 2025 earnings estimate for T. Rowe Price Group from $2.10 to $2.11 per share, reflecting a positive outlook for the company.
• The asset manager recently reported Q2 earnings of $2.24 per share, surpassing analysts' expectations of $2.15, with a net margin of 28.72%.
• T. Rowe Price Group announced a quarterly dividend of $1.27 per share, representing a 4.7% yield, which supports investor interest in the stock.

T. Rowe Price Group, Inc. (NASDAQ:TROW - Free Report) - Equities researchers at Zacks Research lifted their Q3 2025 earnings estimates for T. Rowe Price Group in a research report issued to clients and investors on Thursday, August 28th. Zacks Research analyst Team now forecasts that the asset manager will earn $2.11 per share for the quarter, up from their previous forecast of $2.10. 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 $2.12 EPS, FY2025 earnings at $8.70 EPS, Q1 2026 earnings at $2.26 EPS, Q2 2026 earnings at $2.28 EPS, Q3 2026 earnings at $2.32 EPS, Q4 2026 earnings at $2.44 EPS, FY2026 earnings at $9.30 EPS, Q1 2027 earnings at $2.40 EPS, Q2 2027 earnings at $2.42 EPS and FY2027 earnings at $9.56 EPS.

T. Rowe Price Group (NASDAQ:TROW - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The asset manager reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.09. The business had revenue of $1.72 billion during the quarter, compared to the consensus estimate 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 was down .6% compared to the same quarter last year. During the same quarter last year, the firm posted $2.26 EPS.

TROW has been the topic of several other research reports. Barclays restated an "underweight" rating and set a $95.00 target price (up previously from $91.00) on shares of T. Rowe Price Group in a research report on Monday, August 4th. Wells Fargo & Company boosted their price target on shares of T. Rowe Price Group from $98.00 to $108.00 and gave the company an "equal weight" rating in a research report on Friday, July 11th. JPMorgan Chase & Co. boosted 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 boosted their price target on shares of T. Rowe Price Group from $106.00 to $110.00 and gave the company an "in-line" rating in a research report on Monday, August 4th. Finally, Morgan Stanley lifted their price objective on shares of T. Rowe Price Group from $112.00 to $116.00 and gave the stock an "equal weight" rating in a report on Monday, August 4th. Eight investment analysts have rated the stock with a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Reduce" and a consensus price target of $101.09.

T. Rowe Price Group Stock Up 6.0%

TROW stock traded up $6.34 during midday trading on Monday, hitting $111.71. The company's stock had a trading volume of 3,638,743 shares, compared to its average volume of 1,772,098. The stock's 50-day moving average price is $104.39 and its 200 day moving average price is $97.52. T. Rowe Price Group has a 1 year low of $77.85 and a 1 year high of $125.81. The stock has a market cap of $24.54 billion, a price-to-earnings ratio of 12.50, a PEG ratio of 2.81 and a beta of 1.51.

T. Rowe Price Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 15th will be issued a $1.27 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $5.08 dividend on an annualized basis and a dividend yield of 4.5%. T. Rowe Price Group's dividend payout ratio (DPR) is 56.76%.

Insider Buying and Selling at T. Rowe Price Group

In related news, VP Dorothy C. Sawyer sold 2,000 shares of the firm's stock in a transaction on Wednesday, June 11th. The shares were 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 directly owned 44,789 shares of the company's stock, valued at approximately $4,274,214.27. This trade represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 2.00% of the company's stock.

Institutional Investors Weigh In On T. Rowe Price Group

Several hedge funds have recently made changes to their positions in TROW. TD Waterhouse Canada Inc. boosted its position in T. Rowe Price Group by 66.7% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 250 shares of the asset manager's stock valued at $25,000 after acquiring an additional 100 shares in the last quarter. Zions Bancorporation National Association UT acquired a new position in shares of T. Rowe Price Group during the first quarter worth $27,000. Vermillion & White Wealth Management Group LLC increased its position in shares of 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 worth $31,000 after purchasing an additional 174 shares in the last quarter. Hexagon Capital Partners LLC increased its position in shares of T. Rowe Price Group by 44.8% during the first quarter. Hexagon Capital Partners LLC now owns 365 shares of the asset manager's stock worth $34,000 after purchasing an additional 113 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of T. Rowe Price Group during the second quarter worth $35,000. 73.39% of the stock is currently owned by hedge funds and other institutional investors.

T. Rowe Price Group Company Profile

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.