T. Rowe Price Group Sees Unusually Large Options Volume (NASDAQ:TROW)

T. Rowe Price Group, Inc. (NASDAQ:TROW) was the recipient of some unusual options trading activity on Wednesday. Investors purchased 2,489 put options on the stock. This represents an increase of 77% compared to the average daily volume of 1,403 put options.

Insider Activity

In other news, VP Arif Husain sold 4,260 shares of T. Rowe Price Group stock in a transaction on Wednesday, December 10th. The shares were 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 approximately $4,802,519.92. The trade was a 8.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On T. Rowe Price Group

A number of institutional investors have recently modified their holdings of TROW. TD Waterhouse Canada Inc. increased its stake 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 purchasing an additional 100 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of T. Rowe Price Group by 540.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 282 shares of the asset manager’s stock worth $29,000 after acquiring an additional 238 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of T. Rowe Price Group in the 3rd quarter worth about $30,000. Vermillion & White Wealth Management Group LLC boosted its stake in T. Rowe Price Group by 120.0% during the 2nd 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 during the last quarter. Finally, Canton Hathaway LLC bought a new stake in T. Rowe Price Group during the 4th quarter worth approximately $31,000. 73.39% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have commented on TROW. Keefe, Bruyette & Woods cut their target price on T. Rowe Price Group from $117.00 to $115.00 and set a “market perform” rating on the stock in a report on Tuesday, December 16th. Bank of America increased their target price on shares of T. Rowe Price Group from $85.00 to $86.00 in a research report on Wednesday, January 14th. TD Cowen dropped their price target on shares of T. Rowe Price Group from $112.00 to $109.00 and set a “hold” rating on the stock in a research report on Wednesday, January 14th. Zacks Research lowered shares of T. Rowe Price Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Finally, BMO Capital Markets lifted their target price 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. Eleven research analysts have rated the stock with a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $106.92.

T. Rowe Price Group News Summary

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

• Positive Sentiment: Revenue and fundamentals: Q4 revenue of $1.93B topped consensus by a hair and rose ~6% year‑over‑year; the firm reported healthy profitability metrics (net margin ~28.9%, ROE ~19.9%), which supports cash flow and dividends. Press Release / Slide Deck
• Positive Sentiment: New product: T. Rowe launched an Actively Managed Innovation Leaders ETF, which could help long‑term AUM growth if it attracts flows. T. Rowe Price Introduces ETF
• Neutral Sentiment: Investor materials and call: Management released the press release, slide deck and a full earnings‑call transcript that provide detail on flows, expense trends and positioning — useful for parsing whether revenue growth is durable or driven by fees/markets. Earnings Call Transcript
• Neutral Sentiment: Top‑line context: Analysts had flagged AUM growth but also net outflows and expense pressure ahead of the print; Zacks and other previews outlined expectations and metric comparisons to help model near‑term earnings. Earnings Preview
• Negative Sentiment: EPS miss: Reported EPS of $2.44 slightly missed consensus ($2.46 / ~$2.47), which can trigger short‑term selling given market sensitivity to beats/misses. Earnings Miss Coverage
• Negative Sentiment: Analyst action: Morgan Stanley trimmed its price target (from $128 to $123) and kept an equal‑weight call, a signal that may damp investor enthusiasm. Price Target Cut
• Negative Sentiment: Options activity: Unusually large put buying (roughly 2,489 puts, ~77% above average) suggests some traders are positioning for further downside or hedging. (No external link.)

T. Rowe Price Group Price Performance

Shares of NASDAQ:TROW traded down $5.26 during mid-day trading on Wednesday, hitting $97.40. The company had a trading volume of 2,641,136 shares, compared to its average volume of 1,880,746. The company has a market capitalization of $21.26 billion, a PE ratio of 10.64, a price-to-earnings-growth ratio of 2.58 and a beta of 1.53. T. Rowe Price Group has a one year low of $77.85 and a one year high of $118.22. The firm has a fifty day moving average price of $104.83 and a 200 day moving average price of $104.67.

T. Rowe Price Group (NASDAQ:TROW) last posted its quarterly earnings results on Wednesday, February 4th. The asset manager reported $2.44 earnings per share for the quarter, missing the consensus estimate of $2.46 by ($0.02). The company had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.92 billion. T. Rowe Price Group had a net margin of 28.89% and a return on equity of 19.95%. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period last year, the firm posted $2.12 earnings per share. Research analysts expect that T. Rowe Price Group will post 9.29 earnings per share for the current fiscal year.

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.