T. Rowe Price Group Inc (NASDAQ: TROW) is -7.25% 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 $107.35 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $107.56, the stock is 5.65% and 10.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing 0.20% at the moment leaves the stock 3.07% off its SMA200. TROW registered -4.89% loss for a year compared to 6-month loss of -5.27%. The firm has a 50-day simple moving average (SMA 50) of $97.4988 and a 200-day simple moving average (SMA200) of $104.35565.
The stock witnessed a 13.10% gain in the last 1 month and extending the period to 3 months gives it a 24.12%, and is 1.08% 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 1.43% over the week and 1.96% over the month.
T. Rowe Price Group Inc (TROW) has around 8158 employees, a market worth around $23.70B and $7.11B in sales. Current P/E ratio is 12.21 and Fwd P/E is 11.59. Profit margin for the company is 27.64%. Distance from 52-week low is 38.16% and -14.50% 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 -4.74% this year
1460.0 institutions hold shares in T. Rowe Price Group Inc (TROW), with institutional investors hold 80.57% of the company’s shares. The shares outstanding are 221.06M, and float is at 216.30M with Short Float at 4.67%. Institutions hold 79.22% 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).