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 October 2024, the firm had $1.607 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: 8,158
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
88% more first-time investments, than exits
New positions opened: 143 | Existing positions closed: 76
25% more funds holding in top 10
Funds holding in top 10: 8 [Q3] → 10 (+2) [Q4]
8% more capital invested
Capital invested by funds: $18B [Q3] → $19.4B (+$1.41B) [Q4]
2% more funds holding
Funds holding: 1,038 [Q3] → 1,060 (+22) [Q4]
1.63% more ownership
Funds ownership: 74.89% [Q3] → 76.52% (+1.63%) [Q4]
3% less repeat investments, than reductions
Existing positions increased: 374 | Existing positions reduced: 387
7% less call options, than puts
Call options by funds: $223M | Put options by funds: $241M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Keefe, Bruyette & Woods Aidan Hall 65% 1-year accuracy 11 / 17 met price target | 6%upside $113 | Market Perform Reiterated | 6 Feb 2025 |
Wells Fargo Michael Brown 52% 1-year accuracy 31 / 60 met price target | 9%upside $116 | Equal-Weight Maintained | 6 Feb 2025 |
Barclays Benjamin Budish 76% 1-year accuracy 95 / 125 met price target | 1%downside $105 | Underweight Maintained | 6 Feb 2025 |
Morgan Stanley Michael Cyprys 76% 1-year accuracy 22 / 29 met price target | 24%upside $132 | Equal-Weight Maintained | 20 Dec 2024 |
Financial journalist opinion
Based on 21 articles about TROW published over the past 30 days
