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 |
Commemorating 50 years of the Employee Retirement Income Security Act and its impact on retirement savings in America BALTIMORE, Sept. 12, 2024 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, today published a new white paper to mark the 50th anniversary of the Employee Retirement Income Security Act of 1974 (ERISA). The paper explores how defined contribution (DC) plans have improved the retirement savings landscape in America in the ERISA era and ways that DC plans can continue to support the evolving and diverse needs of retirement savers. "Today, industry leaders, lawmakers and policy influencers gathered in Washington D.C. to celebrate 50
BALTIMORE, Sept. 12, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.61 trillion as of August 31, 2024. Preliminary net outflows for August 2024 were $5.3 billion. The below table shows the firm's assets under management as of August 31, 2024, and for the prior month-, quarter-, and year-end by asset class and in the firm's target date retirement portfolios. As of Preliminary(a) (in billions) 8/31/2024 7/31/2024 6/30/2024 12/31/2023 Equity $ 825 $ 814 $ 810 $ 744 Fixed income, including money market 183 182 180 170 Multi-asset 553 541 529 483 Alternatives 51 5
BALTIMORE, Sept. 11, 2024 /PRNewswire/ -- T. Rowe Price, a Baltimore, Maryland, based global investment management firm and a leader in retirement services, today announced it has been named to the Forbes list of America's Best-In-State Employers 2024. This prestigious award is presented by Forbes and Statista Inc. America's Best-In-State Employers 2024 have been identified in an independent survey from a vast sample of over 160,000 employees working for companies employing at least 500 people within the U.S. The ranking is open to companies from all industry sectors. The consideration of data from three years allowed for a robust differentiation between organizations that consistently perf
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
BALTIMORE, July 31, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.22 per share payable September 28, 2023, to stockholders of record as of the close of business on September 15, 2023. ABOUT T. ROWE PRICEFounded in 1937, T. Rowe Price (NASDAQ:TROW) helps people 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. Investors rely on the award-winning firm for its retirement ex
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
Workers often forego billions of dollars in gains that they could have made off their retirement plans. Why? They unknowingly roll their savings into cash holdings instead of new investments after they switch jobs. When a 401(k) balance from an old company’s plan is rolled over into an individual retirement account (IRA), that money is usually held as cash until it is put into new investments held by the IRA. Almost a third of workers who rolled savings into IRAs at Vanguard Group in 2015 still had the balance sitting in cash seven years later, the New York Times reported. Americans with IRAs that hold a lot of cash forfeit more than $172 billion a year in retirement wealth tha
JP Morgan analyst Kenneth Worthington maintains T. Rowe Price Gr (NASDAQ:TROW) with a Underweight and raises the price target from $102 to $107.
Keefe, Bruyette & Woods analyst Aidan Hall maintains T. Rowe Price Gr (NASDAQ:TROW) with a Market Perform and raises the price target from $120 to $121.
10-Q - 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)
4 - PRICE T ROWE GROUP INC (0001113169) (Issuer)
4 - PRICE T ROWE GROUP INC (0001113169) (Issuer)
4 - PRICE T ROWE GROUP INC (0001113169) (Issuer)
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, 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
BALTIMORE, Dec. 8, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that as planned its Board of Directors has formally approved the appointment of Rob Sharps to succeed Bill Stromberg as chief executive officer (CEO) and chair of the Management Committee, effective January 1, 2022. Sharps, who will retain his role as president, will also be appointed to the Board of Directors, effective on the earlier of January 1, 2022, or the first business day following the closing date of the firm's pending acquisition of Oak Hill Advisors (OHA). As previously announced, Stromberg is retiring as CEO on December 31, 2021, although he will continue to serve on the Board as