Q4 EPS Estimate for T. Rowe Price Group Boosted by Analyst

T. Rowe Price Group, Inc. (NASDAQ:TROW) – Zacks Research lifted their Q4 2026 earnings per share estimates for shares of T. Rowe Price Group in a research report issued to clients and investors on Wednesday, December 10th. Zacks Research analyst Team now forecasts that the asset manager will post earnings of $2.66 per share for the quarter, up from their prior estimate of $2.65. 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 Q1 2027 earnings at $2.52 EPS, Q2 2027 earnings at $2.55 EPS, Q3 2027 earnings at $2.55 EPS and FY2027 earnings at $10.09 EPS.

A number of other equities research analysts also recently commented on TROW. Morgan Stanley increased their price objective on T. Rowe Price Group from $125.00 to $126.00 and gave the company an “equal weight” rating in a research report on Monday, October 27th. TD Cowen boosted their target price on shares of T. Rowe Price Group from $108.00 to $112.00 and gave the company a “hold” rating in a research note on Monday, November 3rd. Keefe, Bruyette & Woods upped their target price on T. Rowe Price Group from $115.00 to $117.00 and gave the company a “market perform” rating in a report on Monday, November 3rd. The Goldman Sachs Group decreased their price target on shares of T. Rowe Price Group from $98.00 to $93.00 and set a “sell” rating for the company in a report on Tuesday, November 25th. Finally, Bank of America increased their target price on shares of T. Rowe Price Group from $91.00 to $97.00 and gave the stock an “underperform” rating in a research report on Thursday, October 2nd. Twelve research analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $108.85.

T. Rowe Price Group Price Performance

NASDAQ TROW opened at $104.90 on Friday. The company has a market capitalization of $22.89 billion, a P/E ratio of 11.43, a PEG ratio of 3.46 and a beta of 1.53. T. Rowe Price Group has a 12 month low of $77.85 and a 12 month high of $120.71. The company’s 50 day simple moving average is $103.08 and its 200 day simple moving average is $102.45.

T. Rowe Price Group (NASDAQ:TROW) last released its earnings results on Friday, October 31st. The asset manager reported $2.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.55 by $0.26. T. Rowe Price Group had a return on equity of 19.95% and a net margin of 28.89%.The firm had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same period in the previous year, the company earned $2.57 earnings per share. T. Rowe Price Group’s revenue was up 6.0% compared to the same quarter last year.

Institutional Trading of T. Rowe Price Group

Large investors have recently made changes to their positions in the business. TD Waterhouse Canada Inc. lifted 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 worth $25,000 after buying an additional 100 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of T. Rowe Price Group in the third quarter worth about $30,000. Zions Bancorporation National Association UT acquired a new position in shares of T. Rowe Price Group during the first quarter worth approximately $27,000. Salomon & Ludwin LLC grew its stake in shares of T. Rowe Price Group by 84.3% during the third quarter. Salomon & Ludwin LLC now owns 317 shares of the asset manager’s stock valued at $33,000 after purchasing an additional 145 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC increased its holdings in shares of T. Rowe Price Group by 120.0% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 319 shares of the asset manager’s stock valued at $31,000 after purchasing an additional 174 shares in the last quarter. Institutional investors own 73.39% of the company’s stock.

Insider Activity

In related news, VP Arif Husain sold 4,260 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $101.96, for a total transaction of $434,349.60. Following the sale, the vice president directly owned 47,102 shares in the company, valued at $4,802,519.92. This represents a 8.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert F. Maclellan sold 3,090 shares of the firm’s stock in a transaction on 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 $4,970,648.35. This represents a 6.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.00% of the stock is currently owned by corporate insiders.

T. Rowe Price Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th will be given a $1.27 dividend. The ex-dividend date is Monday, December 15th. This represents a $5.08 dividend on an annualized basis and a yield of 4.8%. T. Rowe Price Group’s payout ratio is 55.34%.

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.