TROW icon

T Rowe Price

116.12 USD
+3.15
2.79%
At close Dec 20, 4:00 PM EST
After hours
116.12
+0.00
0.00%
1 day
2.79%
5 days
-3.03%
1 month
-1.19%
3 months
7.23%
6 months
-1.75%
Year to date
7.61%
1 year
9.57%
5 years
-5.24%
10 years
33.13%
 

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

0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 9 analysts

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

Low target
$102
12%
downside
Avg. target
$117
1%
upside
High target
$132
14%
upside

9 analyst ratings

positive
0%
neutral
67%
negative
33%
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

Negative
Investors Business Daily
4 days ago
Still Own These 7 Stocks? You're Playing With Fire: Analysts
Following the S&P 500's banner year in 2024 — some think the index is due for a pullback. And analysts are pretty sure which stocks to avoid.
Still Own These 7 Stocks? You're Playing With Fire: Analysts
Positive
Zacks Investment Research
6 days ago
Here's Why T. Rowe Price (TROW) is a Strong Value Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Here's Why T. Rowe Price (TROW) is a Strong Value Stock
Positive
Seeking Alpha
1 week ago
10 High-Yield Dividend Aristocrats For Growth And Bargain Hunters
The S&P is up almost 30% this year, and many investors are worried about an impending crash. PEGY (PE divided by growth and yield) ratio combines yield, growth, quality and value, creating the potential for excellent long-term returns and income growth while outperforming the S&P. These low PEGY aristocrats boast a 4% yield, A-credit rating, 43-year dividend growth streak, 9% earnings growth, and a 13% long-term return potential, making them exceptional potential investments.
10 High-Yield Dividend Aristocrats For Growth And Bargain Hunters
Neutral
Business Wire
1 week ago
FloWorks Completes Financing
ROSEMONT, Ill.--(BUSINESS WIRE)--FloWorks International LLC (“FloWorks”), a leading specialty distributor of critical flow control products and provider of tailored technical solutions for MRO-focused applications and a portfolio company of Wynnchurch Capital, L.P. (“Wynnchurch”), has successfully completed a refinancing. Oak Hill Advisors (“OHA”), the private markets platform of T. Rowe Price Group, Inc. (NASDAQ:TROW), served as Administrative Agent and Lead Left Arranger for the private unitr.
FloWorks Completes Financing
Positive
Seeking Alpha
1 week ago
Buy 1 December Aristocrat Of 67 From 38 With 'Safer' Dividends
"Dividend Aristocrats
Buy 1 December Aristocrat Of 67 From 38 With 'Safer' Dividends
Positive
Zacks Investment Research
2 weeks ago
T. Rowe Price Group, Inc. (TROW) Hit a 52 Week High, Can the Run Continue?
T. Rowe (TROW) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
T. Rowe Price Group, Inc. (TROW) Hit a 52 Week High, Can the Run Continue?
Neutral
The Motley Fool
2 weeks ago
3 Top High-Yield Value Stocks to Buy in December
Value is in the eye of the beholder, a statement that is particularly true when it comes to investing. In fact, Wall Street has a very bad habit of paying too much attention to short-term events and missing out on the big picture.
3 Top High-Yield Value Stocks to Buy in December
Positive
Seeking Alpha
2 weeks ago
T. Rowe Price: Undervalued With Strong Upside Potential
T. Rowe Price Group offers a high dividend yield of over 4% and has a strong track record of outperforming the market with its actively managed funds. The market's shift towards passive investing has hurt TROW, but a potential "lost decade" could make actively managed funds more attractive, benefiting TROW. TROW's Q3 earnings showed strong revenue growth and operational efficiency, with a DCF valuation suggesting a 17% upside, making it undervalued.
T. Rowe Price: Undervalued With Strong Upside Potential
Positive
Seeking Alpha
2 weeks ago
T.Rowe Price: Still Time To Grab A 4% Dividend Yield, And Low Leverage
T.Rowe Price gets upgraded to a buy, from my prior hold rating, driven heavily by the 4% dividend yield and expected future earnings growth. The firm has a debt-to-equity of 0, beating key peers on leverage, and has shown a trend of declining LT debt. The stock trades well below its 5-year high, and its forward P/E is undervalued vs key peers.
T.Rowe Price: Still Time To Grab A 4% Dividend Yield, And Low Leverage
Positive
Zacks Investment Research
2 weeks ago
All You Need to Know About T. Rowe (TROW) Rating Upgrade to Buy
T. Rowe (TROW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
All You Need to Know About T. Rowe (TROW) Rating Upgrade to Buy
Charts implemented using Lightweight Charts™