T. Rowe Price Group Inc (NASDAQ: TROW) is -21.02% lower on its value in year-to-date trading and has touched a low of $77.85 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 $88.74 in the last trading session, with the day’s gains setting it 0.58%.
Currently trading at $89.32, the stock is -1.23% and -9.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.39 million and changing 0.66% at the moment leaves the stock -18.35% off its SMA200. TROW registered -24.13% loss for a year compared to 6-month loss of -17.30%. The firm has a 50-day simple moving average (SMA 50) of $98.8326 and a 200-day simple moving average (SMA200) of $109.39715.
The stock witnessed a -4.00% gain in the last 1 month and extending the period to 3 months gives it a -19.26%, and is 9.38% 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 7.32% over the week and 4.02% over the month.
T. Rowe Price Group Inc (TROW) has around 8158 employees, a market worth around $19.85B and $7.09B in sales. Current P/E ratio is 9.76 and Fwd P/E is 10.42. Profit margin for the company is 28.82%. Distance from 52-week low is 14.73% and -29.00% from its 52-week high. The company has generated returns on investments over the last 12 months (19.19%).
with sales reaching $1.79B over the same period.The EPS is expected to shrink by -10.45% this year, but quarterly earnings will post 0.53% year-over-year. Quarterly sales are estimated to grow 2.18% in year-over-year returns.
T. Rowe Price Group Inc (TROW) Top Institutional Holders
1496.0 institutions hold shares in T. Rowe Price Group Inc (TROW), with institutional investors hold 80.59% of the company’s shares. The shares outstanding are 222.97M, and float is at 217.14M with Short Float at 4.63%. Institutions hold 79.25% 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 8.8135 of the shares outstanding. The other top investors are STATE STREET CORP which holds 14.83 million shares representing 6.6511% 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 MacLellan Robert F., the company’s Director. SEC filings show that MacLellan Robert F. sold 3,955 shares of the company’s common stock on Mar 31 ’25 at a price of $91.56 per share for a total of $0.36 million. Following the sale, the insider now owns 42979.0 shares.
Still, SEC filings show that on Feb 14 ’25, Hiebler Jessica M (Principal Accounting Officer) disposed off 1,177 shares at an average price of $107.87 for $0.13 million. The insider now directly holds 14,356 shares of T. Rowe Price Group Inc (TROW).
