T. Rowe Price Group Inc (NASDAQ: TROW) is -15.13% lower on its value in year-to-date trading and has touched a low of $91.37 and a high of $125.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TROW stock was last observed hovering at around $92.83 in the last trading session, with the day’s gains setting it 3.15%.
Currently trading at $95.98, the stock is -2.15% and -9.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.99 million and changing 3.39% at the moment leaves the stock -13.89% off its SMA200. TROW registered -18.66% loss for a year compared to 6-month loss of -13.18%. The firm has a 50-day simple moving average (SMA 50) of $106.0774 and a 200-day simple moving average (SMA200) of $111.46185.
The stock witnessed a -9.68% gain in the last 1 month and extending the period to 3 months gives it a -14.93%, and is 1.77% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.77% over the week and 2.61% over the month.
T. Rowe Price Group Inc (TROW) has around 8158 employees, a market worth around $21.37B and $7.09B in sales. Current P/E ratio is 10.49 and Fwd P/E is 10.10. Profit margin for the company is 28.82%. Distance from 52-week low is 5.05% and -23.71% from its 52-week high. The company has generated returns on investments over the last 12 months (19.19%).
with sales reaching $1.8B over the same period.The EPS is expected to shrink by -2.01% this year, but quarterly earnings will post 4.39% year-over-year. Quarterly sales are estimated to grow 3.05% in year-over-year returns.
T. Rowe Price Group Inc (TROW) Top Institutional Holders
1505.0 institutions hold shares in T. Rowe Price Group Inc (TROW), with institutional investors hold 80.86% of the company’s shares. The shares outstanding are 222.97M, and float is at 217.53M with Short Float at 4.14%. Institutions hold 79.20% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 25.83 million shares valued at $2.98 billion. The investor’s holdings represent 11.5498% of the TROW Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.65 million shares valued at $$2.27 billion to account for 8.7899 of the shares outstanding. The other top investors are STATE STREET CORP which holds 14.83 million shares representing 6.6333% and valued at over $1.71 billion, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 2.956 of the shares totaling 6.61 million with a market value of $762.14 million.
T. Rowe Price Group Inc (TROW) Insider Activity
The most recent transaction is an insider sale by Hiebler Jessica M,the company’sPrincipal Accounting Officer. SEC filings show that Hiebler Jessica M sold 1,177 shares of the company’s common stock on Feb 14 ’25 at a price of $107.87 per share for a total of $0.13 million. Following the sale, the insider now owns 14356.0 shares.
Still, SEC filings show that on Feb 13 ’25, ANDREW J THOMSON (Officer) Proposed Sale 13,530 shares at an average price of $106.36 for $1.44 million. The insider now directly holds shares of T. Rowe Price Group Inc (TROW).
