Strong FY Q2 2025 earnings results have been reported by T. Rowe Price Group (TROW), surpassing expectations by $0.09 EPS. A noteworthy growth in net income by 14.6% was recorded along with an expansion in their ETF offerings, pushing ETF assets up to $16.2B. Despite the high net outflows, AUM (Asset Under Management) evidently increased, attributing to stronger investment gains and lowered income taxes. Despite the mixed sentiments apparent from the earnings call, the firm demonstrated efficiency through market shifts. TROW also reported a growth of 3.8% in AUM for May despite higher outflows and plans to limit its expense growth through 2027 while expanding its ETF range. However, reported outflows and fee compression could affect future performance.
Several investment entities have shown interest in TROW, spanning from Mackenzie Financial Corp trimming their stock position, to Banque Cantonale Vaudoise and Zurcher Kantonalbank Zurich Cantonalbank boosting their stakes in the company.
TROW holds solid potential being acknowledged as a socially-responsible dividend stock with 4.8% yield and labeled as one of the best asset management stocks to buy according to hedge funds.
T Rowe Price Group TROW News Analytics from Sat, 14 Dec 2024 08:00:00 GMT to Sat, 02 Aug 2025 19:30:46 GMT - Rating 8 - Innovation 5 - Rumor -5
