T Rowe Price (TROW)

• Market cap: $23.8B
• 1 day: -0.77%
• 5 days: 0.74%
• 1 month: 0.50%
• 3 months: 12.45%
• 6 months: 1.16%
• Year to date: -5.26%
• 1 year: -1.67%
• 5 years: -20.84%
• 10 years: 57.27%
• 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 July 2025, the firm had $1.703 trillion in managed assets, composed of equity (50%), balanced (35%), 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: 8,063

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

43% more call options, than puts

Call options by funds: $190M | Put options by funds: $133M

8% more capital invested

Capital invested by funds: $15.6B [Q1] → $16.8B (+$1.22B) [Q2]

2.68% more ownership

Funds ownership: 76.62% [Q1] → 79.29% (+2.68%) [Q2]

7% more repeat investments, than reductions

Existing positions increased: 402 | Existing positions reduced: 374

2% more first-time investments, than exits

New positions opened: 113 | Existing positions closed: 111

2% less funds holding

Funds holding: 1,066 [Q1] → 1,043 (-23) [Q2]

33% less funds holding in top 10

Funds holding in top 10: 6 [Q1] → 4 (-2) [Q2]

Research analyst outlook

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

• Low target: $95 12% downside
• Avg. target: $107 0% upside
• High target: $116 8% upside

6 analyst ratings

• positive: 0 0%
• neutral: 4 67%
• negative: 2 33%

Barclays Benjamin Budish	12% downside $95	Underweight Maintained	4 Aug 2025
Keefe, Bruyette & Woods Aidan Hall	4% upside $112	Market Perform Maintained	4 Aug 2025
JP Morgan Kenneth Worthington	5% downside $102	Underweight Maintained	4 Aug 2025
Evercore ISI Group Glenn Schorr	2% upside $110	In-Line Maintained	4 Aug 2025
Morgan Stanley Michael Cyprys	8% upside $116	Equal-Weight Maintained	4 Aug 2025