In recent news, T. Rowe Price Group, Inc. has seen various Asset Management Groups increasing their positions in the company's shares on NASDAQ, including significant stake boosts by entities such as Silvercrest, Quantinno, Nuveen, and Royal Bank of Canada. However, Wall Street analysis appears divided regarding the outlook of TROW's stock, with some bearish sentiments reported. The company presents a mixed financial performance, reporting weaker fund outcomes, fee compression, and outflows, which continuously plague T. Rowe Price. Moreover, their Q1 2025 earnings highlighted ongoing market challenges.
Noteworthy stock sale and purchase activities occurred—Cornerstone Advisory buying 14,718 shares, Worldquant Millennium acquiring 87,539 shares, and Janus Henderson selling 2,600 shares, indicating diverse market responses. The company declared its quarterly dividend and announced the results of its annual meeting voting. Despite a decrease in net income and EPS, T. Rowe Price managed to beat EPS expectations in Q1. In strategic moves, the company is partnering with OHA and Aspida and expanding its active equity ETF roster. T. Rowe Price's AUM (assets under management) balance experienced a sequential decline in April 2025.
T Rowe Price Group TROW News Analytics from Wed, 20 Nov 2024 08:00:00 GMT to Sat, 24 May 2025 11:22:56 GMT - Rating -2 - Innovation 1 - Information 4 - Rumor -4
