T. Rowe Price Group Stock: Analyst Estimates & Ratings
T. Rowe Price Group, a global asset management firm headquartered in Baltimore, Maryland, manages over $1.89 trillion in client assets, with a focus on retirement-related investments. The company experienced a 3.5% increase in its stock price over the past year, while the broader S&P 500 Index rose by 19.3%. On a year-to-date basis, T. Rowe Price Group's shares have gained 7.8%, compared to the S&P 500's 12.4% gain.
Despite recording a net revenue of $1.91 billion for Q2 2026, the company's shares declined by 6.3% on July 31, as they fell short of the estimated adjusted EPS of $2.57. Net client outflows amounted to $6.5 billion, contributing to the decline. Furthermore, the effective investment advisory fee rate decreased to 38.2 basis points, while adjusted operating expenses surged to $1.20 billion, despite the firm's record assets under management (AUM) of $1.89 trillion.
Analysts project that T. Rowe Price Group's adjusted EPS will grow by 4.2% year-over-year to $10.13 for the fiscal year ending in December 2026. The consensus rating among the 14 analysts covering the stock is a Moderate Sell, based on nine Hold ratings, one Moderate Sell, and four Strong Sells. This rating configuration has remained unchanged over the past three months.
BofA raised its price target for T. Rowe Price Group to $94, maintaining an Underperform rating. Currently, the stock trades above the mean price target of $108.54, with a Street-high price target of $124 indicating a potential upside of 10.6%.
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