T Rowe Price (TROW)

• Market cap: $19.7B
• 1 day: -1.21%
• 5 days: 3.72%
• 1 month: -7.36%
• 3 months: -22.24%
• 6 months: -20.56%
• Year to date: -22.03%
• 1 year: -18.74%
• 5 years: -16.96%
• 10 years: 7.33%
• Sector: Financials
• Industry: Asset Management

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 disclosures by fund managers ($100M+ AUM)

109% more first-time investments, than exits

New positions opened: 159 | Existing positions closed: 76

25% more funds holding in top 10

Funds holding in top 10: 8 [Q3] → 10 (+2) [Q4]

9% more capital invested

Capital invested by funds: $17.9B [Q3] → $19.5B (+$1.68B) [Q4]

6% more funds holding

Funds holding: 1,039 [Q3] → 1,101 (+62) [Q4]

2.72% more ownership

Funds ownership: 74.24% [Q3] → 76.96% (+2.72%) [Q4]

1% less repeat investments, than reductions

Existing positions increased: 389 | Existing positions reduced: 393

7% less call options, than puts

Call options by funds: $224M | Put options by funds: $241M

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $80 10% downside
• Avg. target: $94 6% upside
• High target: $121 37% upside

10 analyst ratings

• positive: 0 0%
• neutral: 6 60%
• negative: 4 40%

JP Morgan Kenneth Worthington 53% 1-year accuracy 16 / 30 met price target	2% upside $90	Underweight Maintained	16 Apr 2025
Barclays Benjamin Budish 62% 1-year accuracy 83 / 133 met price target	4% downside $85	Underweight Maintained	16 Apr 2025
Citigroup Chris Allen 67% 1-year accuracy 4 / 6 met price target	7% upside $95	Neutral Maintained	14 Apr 2025
Goldman Sachs Alexander Blostein 55% 1-year accuracy 26 / 47 met price target	10% downside $80	Sell Maintained	14 Apr 2025
Evercore ISI Group Glenn Schorr 34% 1-year accuracy 12 / 35 met price target	10% downside $80	In-Line Maintained	11 Apr 2025