Barclays initiated coverage on T. Rowe Price with a new price target
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Barclays initiated coverage of T. Rowe Price with a rating of Underweight and set a new price target of $99.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/12/2024 | $109.00 | Equal Weight | Wells Fargo |
| 8/27/2024 | $99.00 | Underweight | Barclays |
| 4/11/2024 | $106.00 → $120.00 | Underperform → Mkt Perform | Keefe Bruyette |
| 4/8/2024 | $92.00 → $114.00 | Sell → Hold | TD Cowen |
| 1/8/2024 | $95.00 → $105.00 | Equal Weight → Underweight | Wells Fargo |
| 1/4/2024 | $88.00 | Underperform | TD Cowen |
| 10/31/2023 | $100.00 → $95.00 | Sell → Neutral | Citigroup |
| 5/19/2023 | $98.00 | Sell | Citigroup |
SC 13G/A - PRICE T ROWE GROUP INC (0001113169) (Subject)
SC 13G/A - PRICE T ROWE GROUP INC (0001113169) (Subject)
SC 13G/A - PRICE T ROWE GROUP INC (0001113169) (Subject)
BALTIMORE, Feb. 12, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.65 trillion as of January 31, 2025. Preliminary net outflows for January 2025 were $2.1 billion. The below table shows the firm's assets under management as of January 31, 2025, and for the prior year-end by asset class and in the firm's target date retirement portfolios. As of Preliminary(a) (in billions) 1/31/2025 12/31/2024 Equity $ 854 $ 830 Fixed income, including money market 190 188 Multi-asset
BALTIMORE, Feb. 11, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has declared a quarterly dividend of $1.27 per share payable March 28, 2025, to stockholders of record as of the close of business on March 14, 2025. The quarterly dividend rate represents a 2.42% increase over the previous quarterly dividend rate of $1.24 per share. This will mark the 39th consecutive year since the firm's initial public offering that the company will have increased its regular annual dividend. ABOUT T. ROWE PRICEFounded in 1937, T
New York, New York, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Oak Hill Advisors ("OHA") served as Administrative Agent and Joint Lead Arranger for the private unitranche facility used to support the acquisition of Triumvirate Environmental, Inc. ("Triumvirate") by Berkshire Partners. Triumvirate is a specialized commercial waste management and environmental services provider to companies in the life sciences, healthcare, education and industrial markets. The financing consists of a unitranche term loan, delayed draw term loan and revolver. OHA's financing flexibility and structuring expertise combined with its existing relationship with Berkshire Partners positioned it to quickly diligence the
BALTIMORE, Nov. 1, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has declared a quarterly dividend of $1.24 per share payable December 27, 2024, to stockholders of record as of the close of business on December 13, 2024. ABOUT T. ROWE PRICEFounded in 1937, T. Rowe Price (NASDAQ – GS: TROW) helps individuals and institutions around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Clients rely on the award-winning f
BALTIMORE, July 30, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has declared a quarterly dividend of $1.24 per share payable September 27, 2024, to stockholders of record as of the close of business on September 13, 2024. ABOUT T. ROWE PRICEFounded in 1937, T. Rowe Price (NASDAQ – GS: TROW) helps individuals and institutions around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Clients rely on the award-winnin
New mutual fund adds to the T. Rowe Price Capital Appreciation suite and is led by award-winning portfolio manager David Giroux and Farris Shuggi BALTIMORE, Nov. 29, 2023 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm, announced today the launch of the Capital Appreciation and Income Fund. The fund is an addition to the Capital Appreciation suite and seeks to generate strong risk-adjusted total returns through a combination of capital appreciation primarily from stocks, income from stock dividends, and interest income from the fund's fixed income holdings. The Capital Appreciation and Income Fund is one of three vehicles within the Capital Appreciation
4 - PRICE T ROWE GROUP INC (0001113169) (Issuer)
4 - PRICE T ROWE GROUP INC (0001113169) (Issuer)
4 - PRICE T ROWE GROUP INC (0001113169) (Issuer)
10-K - PRICE T ROWE GROUP INC (0001113169) (Filer)
8-K - PRICE T ROWE GROUP INC (0001113169) (Filer)
8-K - PRICE T ROWE GROUP INC (0001113169) (Filer)
Wells Fargo initiated coverage of T. Rowe Price with a rating of Equal Weight and set a new price target of $109.00
Barclays initiated coverage of T. Rowe Price with a rating of Underweight and set a new price target of $99.00
Keefe Bruyette upgraded T. Rowe Price from Underperform to Mkt Perform and set a new price target of $120.00 from $106.00 previously
Newly created role to further the firm's focus on the Insurance segment BALTIMORE, Oct. 16, 2024 /PRNewswire/ -- T. Rowe Price, a global investment management firm, announced the elevation of Ben Riley, CFA®, to the newly created role of Head of Insurance, effective January 1, 2025. Riley will oversee a team responsible for insurance clients in North America, while also coordinating T. Rowe Price's global insurance efforts. He will maintain coverage responsibilities for current clients and prospects. Riley will continue to report to Doug Greenstein, Head of Institutional Business Development for Americas, the organization responsible for the firm's institutional business in North America.
BALTIMORE, May 7, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has declared a quarterly dividend of $1.24 per share payable June 27, 2024, to stockholders of record as of the close of business on June 14, 2024. Additionally, at its annual meeting today, T. Rowe Price Group, Inc.'s stockholders: elected all 11 nominees to its Board of Directors;approved, by a nonbinding advisory vote, the compensation paid to the firm's named executive officers; andratified the appointment of KPMG LLP as the company's independent registered public accounting firm for 2024.ABOUT T. ROWE PRICEFounded in 1937, T. Rowe Price (NASDAQ – GS: TROW) hel
Kevin Collins and Francisco Negrón tapped to lead execution of each unit's strategic growth initiatives BALTIMORE, Feb. 7, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ – GS: TROW), announced today that company veterans Kevin Collins and Francisco Negrón will take on new positions leading the firm's businesses serving the U.S. intermediary and retirement services channels. The appointments are effective on March 1, 2024. Collins will become head of U.S. Intermediaries (USI), T. Rowe Price's business supporting financial advisors and consultants in the intermediary cha