Barclays Has Lowered Expectations for T. Rowe Price Group (NASDAQ:TROW) Stock Price

T. Rowe Price Group (NASDAQ:TROW) had its price objective decreased by investment analysts at Barclays from $102.00 to $101.00 in a research note issued on Thursday,Benzinga reports. The firm presently has an “underweight” rating on the asset manager’s stock. Barclays‘s target price suggests a potential downside of 5.16% from the stock’s current price.

Other equities analysts have also recently issued reports about the stock. TD Cowen decreased their target price on shares of T. Rowe Price Group from $112.00 to $109.00 and set a “hold” rating for the company in a research note on Wednesday. Morgan Stanley boosted their price objective on shares of T. Rowe Price Group from $126.00 to $128.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. Citigroup raised their target price on shares of T. Rowe Price Group from $105.00 to $107.00 in a research note on Monday, November 3rd. Evercore ISI dropped their price objective on T. Rowe Price Group from $118.00 to $115.00 and set an “in-line” rating on the stock in a research note on Friday, December 5th. Finally, Zacks Research downgraded T. Rowe Price Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Twelve investment analysts have rated the stock with a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $107.54.

T. Rowe Price Group Trading Down 0.8%

TROW opened at $106.49 on Thursday. The stock has a market capitalization of $23.24 billion, a P/E ratio of 11.60, a P/E/G ratio of 2.58 and a beta of 1.52. The firm’s fifty day simple moving average is $103.69 and its 200 day simple moving average is $104.30. T. Rowe Price Group has a 12 month low of $77.85 and a 12 month high of $118.32.

T. Rowe Price Group (NASDAQ:TROW) last announced its earnings results on Friday, October 31st. The asset manager reported $2.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.55 by $0.26. The business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.88 billion. T. Rowe Price Group had a return on equity of 19.95% and a net margin of 28.89%.T. Rowe Price Group’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.57 EPS. On average, equities research analysts predict that T. Rowe Price Group will post 9.29 EPS for the current fiscal year.

Insiders Place Their Bets

In other T. Rowe Price Group news, VP Arif Husain sold 4,260 shares of the stock in a transaction 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 transaction, the vice president owned 47,102 shares in the company, valued at $4,802,519.92. This trade represents a 8.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.00% of the stock is owned by insiders.

Institutional Investors Weigh In On T. Rowe Price Group

A number of large investors have recently bought and sold shares of TROW. Vanguard Group Inc. boosted its holdings in shares of T. Rowe Price Group by 0.5% in the 2nd quarter. Vanguard Group Inc. now owns 26,416,718 shares of the asset manager’s stock valued at $2,549,213,000 after purchasing an additional 130,325 shares in the last quarter. State Street Corp boosted its stake in T. Rowe Price Group by 1.5% in the second quarter. State Street Corp now owns 14,510,271 shares of the asset manager’s stock valued at $1,400,241,000 after buying an additional 211,647 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in T. Rowe Price Group by 1.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 7,846,636 shares of the asset manager’s stock valued at $757,200,000 after acquiring an additional 140,385 shares during the last quarter. Geode Capital Management LLC raised its stake in T. Rowe Price Group by 3.4% during the second quarter. Geode Capital Management LLC now owns 6,014,236 shares of the asset manager’s stock worth $578,059,000 after acquiring an additional 197,024 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of T. Rowe Price Group by 0.3% in the second quarter. Invesco Ltd. now owns 3,444,720 shares of the asset manager’s stock worth $332,415,000 after acquiring an additional 11,036 shares during the last quarter. 73.39% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about T. Rowe Price Group

Here are the key news stories impacting T. Rowe Price Group this week:

• Positive Sentiment: Evercore ISI raised its price target to $116 (maintained in-line rating), signaling confidence in TROW’s fundamentals and leaving room for upside from current levels. Evercore PT Raise
• Positive Sentiment: BMO Capital Markets nudged its target to $110 and kept a market-perform view, a modestly constructive signal that helped underpin shares. BMO PT Raise
• Positive Sentiment: Zacks highlights T. Rowe Price’s strong earnings-surprise history and argues the firm has the key attributes to likely beat again, supporting investor expectations for continued outperformance. Zacks Earnings Outlook
• Positive Sentiment: Feature pieces (MSN) position TROW as a strong growth stock and note recent outperformance vs. the market, which can attract momentum and defensive flows into active-asset-manager shares. MSN Growth Piece
• Neutral Sentiment: Benzinga’s roundup of 11 analysts summarizes divergent views on valuation and positioning—useful context but not a single directional catalyst. Benzinga Analyst Roundup
• Neutral Sentiment: Zacks’ market-note that TROW “rises higher than market” simply reports recent intraday strength and summarizes contributing headlines. Zacks Market Note
• Negative Sentiment: Goldman Sachs cut its price target to $95 and kept a sell rating — a clear negative catalyst that increases downside risk and likely contributed to intraday selling pressure. Goldman Sachs Sell
• Negative Sentiment: Barclays trimmed its target to $101 and remains underweight, another bearish analyst signal that pressures sentiment. Barclays Underweight
• Negative Sentiment: Bank of America’s small PT bump to $86 still implies roughly 20% downside vs. current levels, underscoring that some firms see valuation/headwinds that could limit gains. BofA PT

About T. Rowe Price Group

T. Rowe Price Group, Inc is a global investment management firm headquartered in Baltimore, Maryland, founded by Thomas Rowe Price Jr. in 1937. The company provides a broad range of investment products and services for individual investors, financial intermediaries, retirement plan sponsors and institutional clients. Its offerings are built around active investment management and in-house research across equity, fixed income and multi-asset strategies, reflecting a long history as a research-driven asset manager.

The firm’s product lineup includes mutual funds, separate accounts, collective investment trusts, target-date and target-risk funds, and managed account solutions, as well as services for defined contribution and defined benefit retirement plans.