T Rowe PriceTROW
About: T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load us and international stock, hybrid, bond, and money market funds. At the end of August 2024, the firm had $1.612 trillion in managed assets, composed of equity (51%), balanced (34%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a us-based asset manager, deriving less than 10% of its AUM from overseas.
Employees: 8,104
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
3% more repeat investments, than reductions
Existing positions increased: 395 | Existing positions reduced: 384
0.38% more ownership
Funds ownership: 73.95% [Q2] → 74.33% (+0.38%) [Q3]
2% less call options, than puts
Call options by funds: $272M | Put options by funds: $277M
2% less funds holding
Funds holding: 1,051 [Q2] → 1,033 (-18) [Q3]
6% less capital invested
Capital invested by funds: $19B [Q2] → $17.9B (-$1.14B) [Q3]
11% less funds holding in top 10
Funds holding in top 10: 9 [Q2] → 8 (-1) [Q3]
16% less first-time investments, than exits
New positions opened: 93 | Existing positions closed: 111
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Morgan Stanley Michael Cyprys 65% 1-year accuracy 22 / 34 met price target | 14%upside $132 | Equal-Weight Maintained | 20 Dec 2024 |
Keefe, Bruyette & Woods Aidan Hall 73% 1-year accuracy 8 / 11 met price target | 0%downside $116 | Market Perform Maintained | 20 Dec 2024 |
Wells Fargo Michael Brown 68% 1-year accuracy 28 / 41 met price target | 7%upside $124 | Equal-Weight Maintained | 12 Dec 2024 |
Barclays Benjamin Budish 69% 1-year accuracy 72 / 104 met price target | 1%downside $115 | Underweight Maintained | 9 Dec 2024 |
Deutsche Bank Brian Bedell 75% 1-year accuracy 30 / 40 met price target | 3%upside $120 | Hold Maintained | 11 Nov 2024 |
Financial journalist opinion
Based on 15 articles about TROW published over the past 30 days