T. Rowe Price Group Inc (NASDAQ: TROW) is -12.68% 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 $100.63 in the last trading session, with the day’s gains setting it 2.42%.
Currently trading at $103.05, the stock is 5.21% and 7.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.0 million and changing 2.40% at the moment leaves the stock -1.30% off its SMA200. TROW registered -8.88% loss for a year compared to 6-month loss of -6.85%. The firm has a 50-day simple moving average (SMA 50) of $95.366 and a 200-day simple moving average (SMA200) of $104.4745.
The stock witnessed a 12.52% gain in the last 1 month and extending the period to 3 months gives it a 15.37%, and is 1.58% 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 2.31% over the week and 1.94% over the month.
T. Rowe Price Group Inc (TROW) has around 8158 employees, a market worth around $22.70B and $7.11B in sales. Current P/E ratio is 11.69 and Fwd P/E is 11.10. Profit margin for the company is 27.64%. Distance from 52-week low is 32.37% and -18.09% from its 52-week high. The company has generated returns on investments over the last 12 months (18.00%).
The EPS is expected to shrink by -4.88% this year
1461.0 institutions hold shares in T. Rowe Price Group Inc (TROW), with institutional investors hold 81.06% of the company’s shares. The shares outstanding are 221.06M, and float is at 216.23M with Short Float at 4.67%. Institutions hold 79.70% 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 11.5808 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 2.9639 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 Sawyer Dorothy C, the company’s VP. SEC filings show that Sawyer Dorothy C sold 2,000 shares of the company’s common stock on Jun 11 ’25 at a price of $95.43 per share for a total of $0.19 million. Following the sale, the insider now owns 44789.0 shares.
Still, SEC filings show that on May 12 ’25, Hiebler Jessica M (Principal Accounting Officer) disposed off 968 shares at an average price of $96.98 for $93879.0. The insider now directly holds 13,611 shares of T. Rowe Price Group Inc (TROW).