Zacks Research Has Positive Estimate for TROW Q1 Earnings

T. Rowe Price Group, Inc. (NASDAQ:TROW) – Investment analysts at Zacks Research upped their Q1 2026 earnings per share (EPS) estimates for shares of T. Rowe Price Group in a report released on Tuesday, June 10th. Zacks Research analyst R. Department now forecasts that the asset manager will post earnings of $2.07 per share for the quarter, up from their prior forecast of $2.05. 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 Q2 2026 earnings at $2.07 EPS, FY2026 earnings at $8.46 EPS and FY2027 earnings at $8.84 EPS.

Other equities research analysts have also issued reports about the company. Citigroup decreased their target price on T. Rowe Price Group from $100.00 to $95.00 and set a “neutral” rating for the company in a research report on Monday, April 14th. The Goldman Sachs Group cut their price target on T. Rowe Price Group from $89.00 to $80.00 and set a “sell” rating on the stock in a report on Monday, April 14th. Cowen reiterated a “hold” rating on shares of T. Rowe Price Group in a report on Monday, May 5th. JPMorgan Chase & Co. cut their price target on T. Rowe Price Group from $110.00 to $90.00 and set an “underweight” rating on the stock in a report on Wednesday, April 16th. Finally, Bank of America cut their price target on T. Rowe Price Group from $90.00 to $85.00 and set an “underperform” rating on the stock in a report on Thursday, April 3rd. Four investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $94.09.

T. Rowe Price Group Stock Down 3.2%

Shares of NASDAQ TROW opened at $91.58 on Friday. The business has a fifty day simple moving average of $91.66 and a two-hundred day simple moving average of $102.44. The firm has a market cap of $20.18 billion, a PE ratio of 10.00, a price-to-earnings-growth ratio of 2.86 and a beta of 1.49. T. Rowe Price Group has a twelve month low of $77.85 and a twelve month high of $125.81.

T. Rowe Price Group (NASDAQ:TROW) last issued its earnings results on Friday, May 2nd. The asset manager reported $2.23 earnings per share for the quarter, beating analysts’ consensus estimates of $2.13 by $0.10. The business had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.80 billion. T. Rowe Price Group had a return on equity of 20.83% and a net margin of 29.61%. T. Rowe Price Group’s revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company posted $2.38 EPS.

T. Rowe Price Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be given a dividend of $1.27 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $5.08 dividend on an annualized basis and a yield of 5.55%. T. Rowe Price Group’s dividend payout ratio is currently 57.60%.

Insiders Place Their Bets

In related news, insider Jessica M. Hiebler sold 968 shares of the company’s stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $96.98, for a total value of $93,876.64. Following the completion of the transaction, the insider now owns 13,611 shares of the company’s stock, valued at approximately $1,319,994.78. This represents a 6.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Dorothy C. Sawyer sold 2,000 shares of the company’s stock in a transaction dated Wednesday, June 11th. The stock was 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 now directly owns 44,789 shares of the company’s stock, valued at $4,274,214.27. The trade was a 4.27% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,923 shares of company stock valued at $646,856. 2.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On T. Rowe Price Group

Large investors have recently bought and sold shares of the company. Addison Advisors LLC increased its stake in T. Rowe Price Group by 67.4% during the 4th quarter. Addison Advisors LLC now owns 231 shares of the asset manager’s stock worth $26,000 after buying an additional 93 shares in the last quarter. Curio Wealth LLC purchased a new stake in T. Rowe Price Group during the 4th quarter worth approximately $27,000. Stonebridge Financial Group LLC purchased a new stake in T. Rowe Price Group during the 4th quarter worth approximately $32,000. Zions Bancorporation National Association UT purchased a new stake in T. Rowe Price Group during the 1st quarter worth approximately $27,000. Finally, Advantage Trust Co increased its stake in T. Rowe Price Group by 48.8% during the 4th quarter. Advantage Trust Co now owns 305 shares of the asset manager’s stock worth $34,000 after buying an additional 100 shares in the last quarter. 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.