Companies /Financial Services

T. Rowe Price Group Inc

NASDAQ: TROW Asset Management
$104.00
▲ $0.37 (+0.36%) today
Markets closed · 7:19am ET

24/7 Wall St. View

TROW at a Glance

Valuation
Market cap
$22.2B
P/E ratio
10.4
Dividend yield
4.96%
Profitability
Revenue (TTM)
$7.6B
Profit margin
29.3%
EPS (TTM)
$9.96
Price
52-week range
$83 – $121
24/7 target
$113.97
Street target
$106.08
Earnings
Next report
Oct 29, 2026
Q2 2026 EPS
$2.57
vs. $2.52 est.
+2.0%

Headquartered in Baltimore, MD Fiscal year ends December NASDAQ: TROW troweprice.com

About T. Rowe Price

T. Rowe Price Group is a global asset management firm with $1.86 trillion in client assets at September 30, 2026, about two-thirds of which are retirement-related.

- **Revenue model:** The firm earns investment advisory fees across equity, fixed income (including money market), multi-asset and alternatives strategies. It also earns performance-based fees, capital allocation-based income from carried interest in affiliated private investment funds, and administrative, distribution and servicing fees.
- **Products and channels:** It offers U.S. mutual funds, collective investment trusts, ETFs, separately managed accounts and model portfolios, delivered directly and through third-party intermediaries.
- **Alternatives:** The alternatives platform covers private credit, leveraged loans, structured products, private equity and venture strategies, including a recently launched late-stage venture fund.
- **Retirement administration:** The firm provides participant accounting and plan administration for retirement plans, with $346 billion in assets under administration.
- **Multi-asset advisory:** Its multi-asset division provides advisory solutions on $31.4 billion of assets.
- **Client base:** Investors domiciled outside the U.S. account for 9.3% of AUM. Updated

Latest Activity

TROWT. Rowe Price
Q3 2026
EPS
$2.86
est $2.65+7.9%
Revenue
$2.00B
est $1.98B+1.1%

Clients pulled a net $28.3 billion out in the quarter, yet market appreciation lifted average assets under management 9.5% and both EPS and revenue beat expectations. The effective fee rate slipped to 37.8 basis points from 39.1 a year ago, so growth in assets is buying less revenue per dollar.

Quarterly EPS — reported vs estimate
Biggest dividend payouts · Sep 15
GILDGilead Sciences
$1B$0.82 per share
  • 2XELXcel Energy$0.59/sh$370M
  • 3ARCCAres Capital$0.48/sh$345M
  • 4TROWT. Rowe Price$1.30/sh$277M
  • 5VLYPPValley National Bancorp$0.50/sh$166M

Gilead is sending shareholders about $1.02 billion in cash, 82 cents a share, landing September 29 and dwarfing every other payment today. Xcel Energy, Ares Capital, T. Rowe Price and Valley National Bancorp round out the biggest checks.

TROW Coverage

Frequently Asked Questions

What does T. Rowe Price do?

T. Rowe Price Group is a global asset management firm with $1.86 trillion in client assets at September 30, 2026, about two-thirds of which are retirement-related. - **Revenue model:** The firm earns investment advisory fees across equity, fixed income (including money market), multi-asset and alternatives strategies.

What is the TROW stock price target?

24/7 Wall St.'s 12-month price target for TROW is $113.97, rated Buy. The Wall Street consensus target is $106.08. TROW price prediction →