T. Rowe Price Group (NASDAQ:TROW) Price Target Raised to $110.00 at BMO Capital Markets

Posted by George Bondi on May 5th, 2026

T. Rowe Price Group (NASDAQ:TROW – Free Report) had its price target raised by BMO Capital Markets from $98.00 to $110.00 in a research note issued to investors on Monday,MarketScreener reports. The brokerage currently has a market perform rating on the asset manager’s stock.

Other equities analysts also recently issued research reports about the company. Argus raised T. Rowe Price Group to a “hold” rating in a research report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft lowered their price target on T. Rowe Price Group from $106.00 to $100.00 and set a “hold” rating on the stock in a research report on Thursday, February 5th. Bank of America boosted their price target on T. Rowe Price Group from $85.00 to $86.00 in a research report on Wednesday, January 14th. Keefe, Bruyette & Woods boosted their price target on T. Rowe Price Group from $95.00 to $107.00 and gave the stock a “market perform” rating in a research report on Friday. Finally, The Goldman Sachs Group boosted their price target on T. Rowe Price Group from $85.00 to $90.00 in a research report on Friday. Ten research analysts have rated the stock with a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $99.54.

View Our Latest Stock Report on TROW

T. Rowe Price Group Stock Up 0.5%

Shares of TROW stock traded up $0.56 on Monday, reaching $103.64. The stock had a trading volume of 185,409 shares, compared to its average volume of 2,279,203. The firm’s 50-day moving average is $92.87 and its two-hundred day moving average is $99.19. The firm has a market capitalization of $22.55 billion, a price-to-earnings ratio of 11.09, a P/E/G ratio of 4.53 and a beta of 1.51. T. Rowe Price Group has a 12 month low of $85.22 and a 12 month high of $118.22.

T. Rowe Price Group (NASDAQ:TROW – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The asset manager reported $2.52 earnings per share for the quarter, topping analysts’ consensus estimates of $2.37 by $0.15. The firm had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.85 billion. T. Rowe Price Group had a return on equity of 20.60% and a net margin of 28.28%.The business’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.23 earnings per share. On average, sell-side analysts forecast that T. Rowe Price Group will post 9.6 earnings per share for the current fiscal year.

T. Rowe Price Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Monday, March 16th were issued a dividend of $1.30 per share. This is a boost from T. Rowe Price Group’s previous quarterly dividend of $1.27. This represents a $5.20 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Monday, March 16th. T. Rowe Price Group’s dividend payout ratio is presently 55.73%.

Institutional Investors Weigh In On T. Rowe Price Group

Institutional investors have recently made changes to their positions in the company. TD Private Client Wealth LLC boosted its holdings in shares of T. Rowe Price Group by 91.8% during the fourth quarter. TD Private Client Wealth LLC now owns 257 shares of the asset manager’s stock worth $26,000 after acquiring an additional 123 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of T. Rowe Price Group by 540.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 282 shares of the asset manager’s stock worth $29,000 after acquiring an additional 238 shares during the period. Root Financial Partners LLC bought a new stake in shares of T. Rowe Price Group during the third quarter worth approximately $30,000. Canton Hathaway LLC bought a new stake in shares of T. Rowe Price Group during the fourth quarter worth approximately $31,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of T. Rowe Price Group by 170.3% during the fourth quarter. Sound Income Strategies LLC now owns 300 shares of the asset manager’s stock worth $32,000 after acquiring an additional 189 shares during the period. Institutional investors own 73.39% of the company’s stock.

T. Rowe Price Group Company Profile

(Get Free Report)

T. Rowe Price Group, Inc is a global investment management firm headquartered in Baltimore, Maryland, founded by Thomas Rowe Price Jr. in 1937. The company provides a broad range of investment products and services for individual investors, financial intermediaries, retirement plan sponsors and institutional clients. Its offerings are built around active investment management and in-house research across equity, fixed income and multi-asset strategies, reflecting a long history as a research-driven asset manager.

The firm’s product lineup includes mutual funds, separate accounts, collective investment trusts, target-date and target-risk funds, and managed account solutions, as well as services for defined contribution and defined benefit retirement plans.