Sylvest Advisors LLC Makes New $697,000 Investment in T. Rowe Price Group, Inc. $TROW

Posted by Francis Steltz on Jun 28th, 2026

Sylvest Advisors LLC bought a new position in T. Rowe Price Group, Inc. (NASDAQ:TROW – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,734 shares of the asset manager’s stock, valued at approximately $697,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. lifted its stake in T. Rowe Price Group by 332.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 8,770,071 shares of the asset manager’s stock worth $897,880,000 after acquiring an additional 6,740,172 shares in the last quarter. First Trust Advisors LP grew its stake in T. Rowe Price Group by 126.5% during the 4th quarter. First Trust Advisors LP now owns 3,280,854 shares of the asset manager’s stock valued at $335,894,000 after acquiring an additional 1,832,231 shares in the last quarter. Norges Bank purchased a new position in T. Rowe Price Group during the 4th quarter valued at about $128,283,000. PFA Pension Forsikringsaktieselskab acquired a new position in shares of T. Rowe Price Group in the 4th quarter valued at about $61,073,000. Finally, Caisse de depot et placement du Quebec lifted its position in shares of T. Rowe Price Group by 81.0% in the third quarter. Caisse de depot et placement du Quebec now owns 1,306,922 shares of the asset manager’s stock worth $134,142,000 after purchasing an additional 584,949 shares in the last quarter. Hedge funds and other institutional investors own 73.39% of the company’s stock.

T. Rowe Price Group Trading Up 3.7%

TROW stock opened at $110.27 on Friday. The firm has a market cap of $23.63 billion, a PE ratio of 11.82, a PEG ratio of 5.67 and a beta of 1.50. T. Rowe Price Group, Inc. has a 1 year low of $85.22 and a 1 year high of $118.22. The company has a fifty day simple moving average of $103.94 and a 200 day simple moving average of $99.95.

T. Rowe Price Group (NASDAQ:TROW – Get Free Report) last posted its earnings results on Thursday, April 30th. The asset manager reported $2.52 EPS for the quarter, topping the consensus estimate of $2.37 by $0.15. T. Rowe Price Group had a net margin of 28.28% and a return on equity of 20.60%. The firm had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same period in the prior year, the business posted $2.23 earnings per share. The business’s quarterly revenue was up 5.3% on a year-over-year basis. As a group, analysts forecast that T. Rowe Price Group, Inc. will post 9.58 EPS for the current fiscal year.

T. Rowe Price Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 15th will be paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Monday, June 15th. T. Rowe Price Group’s dividend payout ratio (DPR) is presently 55.73%.

Insider Buying and Selling at T. Rowe Price Group

In related news, VP Stephon A. Jackson sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $102.56, for a total value of $307,680.00. Following the completion of the sale, the vice president directly owned 83,883 shares in the company, valued at approximately $8,603,040.48. The trade was a 3.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.60% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Evercore raised their price target on shares of T. Rowe Price Group from $106.00 to $111.00 in a report on Monday, June 8th. TD Cowen increased their target price on shares of T. Rowe Price Group from $93.00 to $94.00 and gave the stock a “hold” rating in a research report on Friday, May 1st. Keefe, Bruyette & Woods lifted their target price on shares of T. Rowe Price Group from $95.00 to $107.00 and gave the company a “market perform” rating in a research note on Friday, May 1st. The Goldman Sachs Group boosted their price target on shares of T. Rowe Price Group from $85.00 to $90.00 in a report on Friday, May 1st. Finally, Zacks Research raised shares of T. Rowe Price Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. Eleven equities research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $100.38.

View Our Latest Report on TROW

T. Rowe Price Group Company Profile

(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.