Keefe, Bruyette & Woods Issues Positive Forecast for T. Rowe Price Group (NASDAQ:TROW) Stock Price

T. Rowe Price Group (NASDAQ:TROW) had its price objective upped by analysts at Keefe, Bruyette & Woods from $95.00 to $107.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “market perform” rating on the asset manager’s stock. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 3.36% from the stock’s current price.

TROW has been the topic of a number of other research reports. Morgan Stanley set a $105.00 target price on shares of T. Rowe Price Group in a research report on Monday. TD Cowen reiterated a “hold” rating on shares of T. Rowe Price Group in a research report on Friday. Barclays reiterated an “underweight” rating and set a $89.00 target price (up from $87.00) on shares of T. Rowe Price Group in a research report on Friday. The Goldman Sachs Group boosted their target price on shares of T. Rowe Price Group from $80.00 to $85.00 and gave the company a “sell” rating in a research report on Tuesday, April 14th. Finally, Jefferies Financial Group dropped their target price on shares of T. Rowe Price Group from $107.00 to $91.00 and set a “hold” rating on the stock in a research report on Wednesday, April 8th. Ten equities research analysts have rated the stock with a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $98.15.

T. Rowe Price Group Stock Up 0.6%

T. Rowe Price Group stock traded up $0.65 during mid-day trading on Friday, hitting $103.53. 527,594 shares of the stock were exchanged, compared to its average volume of 2,290,098. T. Rowe Price Group has a 12 month low of $85.22 and a 12 month high of $118.22. The firm’s fifty day simple moving average is $92.87 and its two-hundred day simple moving average is $99.28. The stock has a market capitalization of $22.53 billion, a price-to-earnings ratio of 11.20, a PEG ratio of 4.40 and a beta of 1.50.

T. Rowe Price Group (NASDAQ:TROW) last released its earnings results on Thursday, April 30th. The asset manager reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.37 by $0.15. T. Rowe Price Group had a net margin of 28.53% and a return on equity of 20.29%. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter in the previous year, the company earned $2.23 EPS. T. Rowe Price Group’s quarterly revenue was up 5.3% compared to the same quarter last year. As a group, analysts forecast that T. Rowe Price Group will post 9.6 earnings per share for the current fiscal year.

Institutional Trading of T. Rowe Price Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. State Street Corp boosted its holdings in T. Rowe Price Group by 0.3% during the 4th quarter. State Street Corp now owns 14,159,797 shares of the asset manager’s stock worth $1,449,680,000 after acquiring an additional 45,530 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in T. Rowe Price Group by 332.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 8,770,071 shares of the asset manager’s stock worth $897,880,000 after acquiring an additional 6,740,172 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in T. Rowe Price Group by 1.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,073,846 shares of the asset manager’s stock worth $826,600,000 after acquiring an additional 143,109 shares during the last quarter. Invesco Ltd. boosted its holdings in T. Rowe Price Group by 3.9% during the 4th quarter. Invesco Ltd. now owns 3,520,858 shares of the asset manager’s stock worth $360,465,000 after acquiring an additional 131,438 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in T. Rowe Price Group by 16.0% during the 4th quarter. Morgan Stanley now owns 3,443,322 shares of the asset manager’s stock worth $352,528,000 after acquiring an additional 476,219 shares during the last quarter. Institutional investors own 73.39% of the company’s stock.

Key Headlines Impacting T. Rowe Price Group

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

• Positive Sentiment: EPS beat and stronger margins — T. Rowe posted $2.52 EPS, topping estimates and showing improved net margin and ROE, a key driver of the positive market reaction. T. Rowe Price Stock Gains as Q1 Earnings Beat Estimates, AUM Rises Y/Y
• Positive Sentiment: Consistent earnings surprise — other coverage and summaries highlight the same beat versus consensus, reinforcing investor confidence in near‑term profitability. T. Rowe Price (TROW) Beats Q1 Earnings Estimates
• Positive Sentiment: Fee growth helped offset pressures — advisory fees rose and Commentary notes the stock trading higher as fees increased even with mixed AUM, supporting revenue resilience. T. Rowe Price trades higher as Q1 fees rise despite fall in AUM
• Neutral Sentiment: Earnings call transcript — management comments and Q&A provide detail on flows, fee mix and cost dynamics; useful for assessing sustainability but no new forward guidance was highlighted in headlines. T. Rowe Price Group, Inc. (TROW) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Earnings summaries — media roundups and call summaries consolidate the beat, revenue and AUM commentary for investors doing quick checks. T. Rowe Price Group, Inc. Q1 2026 Earnings Call Summary
• Neutral Sentiment: Pre‑earnings primer — background pieces set expectations ahead of the print and may explain some intraday reaction patterns. T Rowe Price (TROW) reports Q1: Everything you need to know ahead of earnings
• Negative Sentiment: Revenue/headline confusion — at least one outlet ran a “misses revenue” headline, which can create short‑term volatility even though company figures were essentially in line; watch for how analysts parse the report. T. Rowe Price (NASDAQ:TROW) misses Q1 CY2026 revenue estimates
• Negative Sentiment: Client outflows and AUM mix — coverage highlights client redemptions and mixed AUM trends; persistent outflows or rising expenses could pressure margins if fee momentum reverses. T. Rowe 1Q Profit Up as Rising Asset Values Offset Client Outflows

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.