Keefe Bruyette raises T. Rowe Price target to $113
Keefe, Bruyette & Woods adjusted its price target on T. Rowe Price stock (NASDAQ:TROW), increasing it to $113 from $111, while retaining a Market Perform rating. The adjustment follows T. Rowe Price's recent financial report,
T. Rowe Price: Q4 EPS Miss, AUM Surges
T. Rowe Price Group noted improvements in earnings year over year, yet missed analysts' expectations for both EPS and revenue due to sizable net client outflows.
T. Rowe Price AUM grows to $1.61 trillion amid reduced year-over-year outflows
During the firm's earnings call, Sharps pointed to growth in the firm’s ETF business which closed the year with nearly $8 billion in assets and 17 ETFs, with 13 ETFs now scaled at or over $100 million in assets under management. He also pointed to growth in the insurance channel and the extension of its target date fund franchise into Canada.
T. Rowe Price reports Q4 adjusted EPS $2.12, consensus $2.20
Reports Q4 revenue $1.82B, consensus $1.87B. Rob Sharps, chair, CEO, and president, commented, “We are growing our ETF business, expanding our
T. Rowe Price Q4 earnings, revenue miss as AUM declines on outflows, market declines
T. Rowe Price (NASDAQ:TROW) stock dipped 1.8% in Wednesday premarket trading after the asset manager's Q4 earnings and revenue missed Wall Street estimates as market depreciation and outflows reduced assets under management during the quarter.
Only A T. Rowe Price Fund Manager Can Claim This Historic Performance Streak
For most active investment managers, the goal is clear: to achieve consistently strong, long-term outperformance in any ...
Greenleaf Trust Reduces Stock Holdings in T. Rowe Price Group, Inc. (NASDAQ:TROW)
Greenleaf Trust lowered its holdings in T. Rowe Price Group, Inc. (NASDAQ:TROW – Free Report) by 50.1% during the fourth ...
T. Rowe 4Q Net Up; Firm's Assets Under Management Fall
T. Rowe Price Group said fourth-quarter net income and revenue rose but came in short of Wall Street targets as assets under management fell. The Baltimore investment-fund manager logged ...
Van’s Rowe signs letter of intent
VAN, Texas (KLTV) - Van High School senior Caden Rowe signed his letter of intent Wednesday morning. Rowe signed with the ...
T. Rowe Price Foundation president to step down
The head of one of the largest philanthropic organizations in Baltimore plans to step down after a decade in the role.
T. Rowe Price targets positive flows in 2025 with improved sales momentum and ETF growth
Q4 2024 Management View CEO Rob Sharps highlighted a reduction in net outflows for 2024, which decreased nearly 50% year-over-year to $43.2 billion. He expressed optimism about achieving positive ...
Pensions&Investments2d
T. Rowe Price, Oak Hill Advisors strike strategic partnership with insurance firm Aspida
Investment manager T. Rowe Price Group along with its alternative credit subsidiary Oak Hill Advisors announced a strategic ...
The stock fund manager who holds America's record of annual outperformance shares 2 bargain trades he's making in an expensive market
David Giroux has beaten his Morningstar peer group for the last 17 years. Here's how he's planning to keep the streak in 2025 ...