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 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
10 analyst ratings
JP Morgan Kenneth Worthington 50% 1-year accuracy 15 / 30 met price target | 1%upside $90 | Underweight Maintained | 16 Apr 2025 |
Barclays Benjamin Budish 60% 1-year accuracy 79 / 132 met price target | 5%downside $85 | Underweight Maintained | 16 Apr 2025 |
Citigroup Chris Allen 67% 1-year accuracy 4 / 6 met price target | 6%upside $95 | Neutral Maintained | 14 Apr 2025 |
Goldman Sachs Alexander Blostein 52% 1-year accuracy 24 / 46 met price target | 11%downside $80 | Sell Maintained | 14 Apr 2025 |
Evercore ISI Group Glenn Schorr 26% 1-year accuracy 9 / 35 met price target | 11%downside $80 | In-Line Maintained | 11 Apr 2025 |
Financial journalist opinion
Based on 8 articles about TROW published over the past 30 days
