Twin Capital Management Inc. Sells 6,507 Shares of T. Rowe Price Group, Inc. $TROW

Twin Capital Management Inc. decreased its position in shares of T. Rowe Price Group, Inc. (NASDAQ:TROW) by 21.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,103 shares of the asset manager’s stock after selling 6,507 shares during the quarter. Twin Capital Management Inc.’s holdings in T. Rowe Price Group were worth $2,474,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in shares of T. Rowe Price Group by 0.5% during 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 lifted its position in shares of 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 worth $1,400,241,000 after purchasing an additional 211,647 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in T. Rowe Price Group by 1.8% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 7,846,636 shares of the asset manager’s stock valued at $757,200,000 after buying an additional 140,385 shares during the last quarter. Geode Capital Management LLC increased its position in shares of T. Rowe Price Group by 3.4% in the second quarter. Geode Capital Management LLC now owns 6,014,236 shares of the asset manager’s stock valued at $578,059,000 after acquiring an additional 197,024 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of T. Rowe Price Group by 0.3% during the 2nd quarter. Invesco Ltd. now owns 3,444,720 shares of the asset manager’s stock worth $332,415,000 after purchasing an additional 11,036 shares during the last quarter. 73.39% of the stock is currently owned by institutional investors.

Insider Activity

In other news, VP Arif Husain sold 4,260 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $101.96, for a total value of $434,349.60. Following the transaction, the vice president owned 47,102 shares in the company, valued at approximately $4,802,519.92. The trade was a 8.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.00% of the company’s stock.

T. Rowe Price Group Price Performance

NASDAQ:TROW opened at $94.58 on Friday. The company has a market cap of $20.64 billion, a PE ratio of 10.22, a P/E/G ratio of 2.24 and a beta of 1.53. The firm’s 50 day simple moving average is $104.37 and its 200 day simple moving average is $104.46. T. Rowe Price Group, Inc. has a one year low of $77.85 and a one year high of $118.22.

T. Rowe Price Group (NASDAQ:TROW) last posted its quarterly earnings data on Wednesday, February 4th. The asset manager reported $2.44 earnings per share for the quarter, missing analysts’ consensus estimates of $2.47 by ($0.03). T. Rowe Price Group had a net margin of 28.53% and a return on equity of 20.36%. The company had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter in the previous year, the company earned $2.12 earnings per share. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. Equities research analysts expect that T. Rowe Price Group, Inc. will post 9.29 EPS for the current year.

More T. Rowe Price Group News

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

• Positive Sentiment: Argus upgraded TROW to a “hold”, providing some support to the stock amid analyst churn. Zacks/Argus Upgrade
• Positive Sentiment: Company highlighted AUM growth and year‑over‑year revenue increase (helping offset the EPS miss), which reassures investors about underlying asset trends. Earnings Highlights
• Neutral Sentiment: Full Q4 earnings transcript and call are available for detail review — useful for investors assessing fee margins, flows and forward guidance. Q4 Transcript
• Neutral Sentiment: Unusually high options trading noted in the ticker, signaling elevated short‑term speculation/hedging activity around the stock. Options Activity
• Negative Sentiment: Goldman Sachs cut its price target to $90 and maintained a “sell” rating, adding downward pressure by signaling weaker near‑term outlook. Goldman Sachs PT Cut
• Negative Sentiment: Deutsche Bank trimmed its target to $100 and kept a “hold”, contributing to consensus PT compression. Deutsche Bank PT Cut
• Negative Sentiment: Multiple other shops lowered targets or ratings (JPMorgan to $106/underweight; TD Cowen to $97/hold; Evercore to $106/in‑line; KBW to $110/market perform) — the broad analyst downdrift increases downside risk until flow trends and margins clarify. Analyst PT Moves (Benzinga)
• Negative Sentiment: Coverage notes emphasize net outflows and the EPS miss in Q4 as the primary near‑term catalysts for further downgrades if flows remain weak. Seeking Alpha: Outflows & EPS Miss

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TROW. BMO Capital Markets boosted their price objective on shares of T. Rowe Price Group from $108.00 to $110.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 13th. Barclays set a $94.00 price target on T. Rowe Price Group in a research note on Thursday. JPMorgan Chase & Co. cut their price objective on shares of T. Rowe Price Group from $108.00 to $106.00 and set an “underweight” rating for the company in a report on Thursday. Bank of America upped their target price on T. Rowe Price Group from $85.00 to $86.00 in a research report on Wednesday, January 14th. Finally, Zacks Research cut shares of T. Rowe Price Group from a “strong-buy” rating to a “hold” rating in a research report 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $103.31.

T. Rowe Price Group Company Profile

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.