Sterling Capital Management LLC Sells 4,492 Shares of T. Rowe Price Group, Inc. $TROW

Posted by Francis Steltz on Jul 2nd, 2026

Sterling Capital Management LLC cut its holdings in shares of T. Rowe Price Group, Inc. (NASDAQ:TROW – Free Report) by 35.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,329 shares of the asset manager’s stock after selling 4,492 shares during the period. Sterling Capital Management LLC’s holdings in T. Rowe Price Group were worth $751,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Poehling Capital Management INC. grew its holdings in T. Rowe Price Group by 54.1% during the 1st quarter. Poehling Capital Management INC. now owns 29,597 shares of the asset manager’s stock worth $2,668,000 after acquiring an additional 10,385 shares during the period. Foster & Motley Inc. boosted its position in shares of T. Rowe Price Group by 35.0% in the 1st quarter. Foster & Motley Inc. now owns 11,441 shares of the asset manager’s stock worth $1,031,000 after purchasing an additional 2,968 shares during the last quarter. OLD National Bancorp IN grew its stake in shares of T. Rowe Price Group by 5.1% during the first quarter. OLD National Bancorp IN now owns 72,661 shares of the asset manager’s stock worth $6,550,000 after purchasing an additional 3,548 shares during the period. Louisiana State Employees Retirement System bought a new stake in T. Rowe Price Group in the first quarter valued at about $1,001,000. Finally, Hoxton Planning & Management LLC increased its holdings in T. Rowe Price Group by 30.0% in the first quarter. Hoxton Planning & Management LLC now owns 3,758 shares of the asset manager’s stock valued at $339,000 after purchasing an additional 868 shares during the last quarter. Institutional investors and hedge funds own 73.39% of the company’s stock.

Insider Activity at T. Rowe Price Group

In related news, VP Stephon A. Jackson sold 3,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $102.56, for a total value of $307,680.00. Following the sale, the vice president directly owned 83,883 shares of the company’s stock, valued at approximately $8,603,040.48. The trade was a 3.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.60% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TROW. Morgan Stanley raised their target price on T. Rowe Price Group from $105.00 to $109.00 and gave the stock an “equal weight” rating in a report on Friday, June 26th. TD Cowen increased their price target on shares of T. Rowe Price Group from $93.00 to $94.00 and gave the company a “hold” rating in a research report on Friday, May 1st. Barclays lifted their price objective on shares of T. Rowe Price Group from $87.00 to $89.00 and gave the stock an “underweight” rating in a research note on Friday, May 1st. The Goldman Sachs Group upped their target price on shares of T. Rowe Price Group from $90.00 to $92.00 and gave the company a “sell” rating in a research note on Tuesday. Finally, Zacks Research upgraded shares of T. Rowe Price Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Eleven investment analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $100.54.

Check Out Our Latest Report on TROW

T. Rowe Price Group Stock Performance

Shares of TROW opened at $116.11 on Thursday. The stock has a 50 day simple moving average of $105.01 and a 200 day simple moving average of $100.13. T. Rowe Price Group, Inc. has a 52-week low of $85.22 and a 52-week high of $118.22. The firm has a market capitalization of $24.88 billion, a PE ratio of 12.44, a P/E/G ratio of 5.78 and a beta of 1.47.

T. Rowe Price Group (NASDAQ:TROW – Get Free Report) last announced 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 last year, the company posted $2.23 EPS. The business’s quarterly revenue was up 5.3% on a year-over-year basis. Equities research analysts predict that T. Rowe Price Group, Inc. will post 9.7 EPS for the current fiscal year.

T. Rowe Price Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Monday, June 15th were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Monday, June 15th. T. Rowe Price Group’s dividend payout ratio (DPR) is presently 55.73%.

T. Rowe Price Group 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.