Source: Americanbankingnews

T. Rowe Price: Zacks Research Has Pessimistic Outlook of TROW Q1 Earnings

T. Rowe Price Group, Inc. ( NASDAQ:TROW - Free Report ) - Investment analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for T. Rowe Price Group in a report released on Monday, April 14th. Zacks Research analyst R. Department now expects that the asset manager will post earnings of $2.09 per share for the quarter, down from their previous forecast of $2.15. The consensus estimate for T. Rowe Price Group's current full-year earnings is $9.29 per share. Zacks Research also issued estimates for T. Rowe Price Group's Q2 2025 earnings at $2.05 EPS, Q3 2025 earnings at $2.17 EPS, Q4 2025 earnings at $2.05 EPS, Q1 2026 earnings at $2.07 EPS and Q2 2026 earnings at $2.09 EPS. T. Rowe Price Group ( NASDAQ:TROW - Get Free Report ) last issued its quarterly earnings results on Wednesday, February 5th. The asset manager reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.20 by ($0.08). T. Rowe Price Group had a net margin of 29.61% and a return on equity of 20.83%. During the same period last year, the firm earned $1.72 EPS. Check Out Our Latest Analysis on TROW T. Rowe Price Group Stock Down 2.5 % NASDAQ:TROW opened at $85.37 on Tuesday. The business's 50-day moving average price is $96.58 and its 200 day moving average price is $108.71. T. Rowe Price Group has a 52-week low of $77.85 and a 52-week high of $125.81. The firm has a market cap of $18.97 billion, a P/E ratio of 9.32, a PEG ratio of 2.86 and a beta of 1.50. Institutional Trading of T. Rowe Price Group Large investors have recently added to or reduced their stakes in the business. Addison Advisors LLC lifted its stake in shares of T. Rowe Price Group by 67.4% in the 4th quarter. Addison Advisors LLC now owns 231 shares of the asset manager's stock valued at $26,000 after purchasing an additional 93 shares during the last quarter. Curio Wealth LLC bought a new position in T. Rowe Price Group during the fourth quarter valued at about $27,000. Y.D. More Investments Ltd lifted its position in shares of T. Rowe Price Group by 124.0% in the fourth quarter. Y.D. More Investments Ltd now owns 280 shares of the asset manager's stock worth $32,000 after buying an additional 155 shares during the last quarter. Stonebridge Financial Group LLC bought a new stake in shares of T. Rowe Price Group during the 4th quarter worth about $32,000. Finally, Advantage Trust Co increased its holdings in shares of T. Rowe Price Group by 48.8% during the 4th quarter. Advantage Trust Co now owns 305 shares of the asset manager's stock valued at $34,000 after acquiring an additional 100 shares during the last quarter. 73.39% of the stock is owned by institutional investors. Insider Activity at T. Rowe Price Group In other T. Rowe Price Group news, Director Robert F. Maclellan sold 3,955 shares of the business's stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $91.56, for a total value of $362,119.80. Following the transaction, the director now owns 42,979 shares in the company, valued at $3,935,157.24. The trade was a 8.43 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website . Also, VP Arif Husain sold 4,112 shares of the company's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $109.27, for a total value of $449,318.24. Following the completion of the transaction, the vice president now directly owns 36,800 shares in the company, valued at approximately $4,021,136. The trade was a 10.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here . 2.00% of the stock is currently owned by insiders. T. Rowe Price Group Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were given a dividend of $1.27 per share. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from T. Rowe Price Group's previous quarterly dividend of $1.24. This represents a $5.08 dividend on an annualized basis and a yield of 5.95%. T. Rowe Price Group's payout ratio is presently 55.46%. About T. Rowe Price Group ( Get Free Report ) T. Rowe Price Group, Inc is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. Featured Stories Five stocks we like better than T. 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Annual Revenue
$5.0-10B
Employees
5.0-10K
Robert W. Sharps's photo - President & CEO of T. Rowe Price

President & CEO

Robert W. Sharps

CEO Approval Rating

60/100

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