8,606 Shares in T. Rowe Price Group, Inc. $TROW Purchased by StoneRidge PMG Advisors LLC

Posted by Stanley Muller on Nov 9th, 2026

StoneRidge PMG Advisors LLC purchased a new stake in shares of T. Rowe Price Group, Inc. (NASDAQ:TROW – Free Report) in the third quarter, Holdings Channel.com reports. The fund purchased 8,606 shares of the asset manager’s stock, valued at approximately $895,000.

Other institutional investors have also recently bought and sold shares of the company. Elevation Wealth Partners LLC grew its holdings in shares of T. Rowe Price Group by 173.0% during the third quarter. Elevation Wealth Partners LLC now owns 273 shares of the asset manager’s stock worth $28,000 after purchasing an additional 173 shares during the last quarter. Bank & Trust Co raised its holdings in shares of T. Rowe Price Group by 52.4% in the second quarter. Bank & Trust Co now owns 314 shares of the asset manager’s stock valued at $36,000 after buying an additional 108 shares during the last quarter. Keating Financial Advisory Services Inc. bought a new position in shares of T. Rowe Price Group in the second quarter valued at about $39,000. Clearstead Trust LLC acquired a new position in T. Rowe Price Group during the 2nd quarter worth about $41,000. Finally, Silvant Capital Management LLC acquired a new position in T. Rowe Price Group during the 2nd quarter worth about $43,000. Institutional investors own 73.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on TROW shares. Weiss Ratings raised shares of T. Rowe Price Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, September 4th. JPMorgan Chase & Co. boosted their target price on shares of T. Rowe Price Group from $106.00 to $107.00 and gave the stock an “underweight” rating in a research note on Friday, October 30th. BMO Capital Markets dropped their target price on shares of T. Rowe Price Group from $120.00 to $110.00 and set a “market perform” rating for the company in a research note on Tuesday, October 13th. Evercore set a $109.00 target price on shares of T. Rowe Price Group in a research report on Friday, October 9th. Finally, Barclays decreased their price target on shares of T. Rowe Price Group from $103.00 to $102.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 14th. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $102.83.

View Our Latest Research Report on TROW

T. Rowe Price Group Stock Performance

NASDAQ TROW opened at $108.41 on Monday. The stock has a fifty day moving average of $105.26 and a 200-day moving average of $103.78. The stock has a market capitalization of $23.13 billion, a P/E ratio of 10.96, a price-to-earnings-growth ratio of 4.15 and a beta of 1.43. T. Rowe Price Group, Inc. has a 52 week low of $85.22 and a 52 week high of $122.00.

T. Rowe Price Group (NASDAQ:TROW – Get Free Report) last released its earnings results on Thursday, October 29th. The asset manager reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.63 by $0.23. T. Rowe Price Group had a return on equity of 20.63% and a net margin of 28.40%. The company had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter in the previous year, the company posted $2.81 earnings per share. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. Equities research analysts forecast that T. Rowe Price Group, Inc. will post 10.29 earnings per share for the current fiscal year.

T. Rowe Price Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 29th. Investors of record on Wednesday, December 16th will be given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Wednesday, December 16th. T. Rowe Price Group’s dividend payout ratio (DPR) is presently 52.58%.

Insider Buying and Selling

In other T. Rowe Price Group news, VP Joshua Nelson sold 10,000 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $111.82, for a total transaction of $1,118,200.00. Following the completion of the sale, the vice president directly owned 71,328 shares of the company’s stock, valued at approximately $7,975,896.96. The trade was a 12.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.60% of the stock is currently owned by insiders.

T. Rowe Price Group Company Profile

(Free Report)

T. Rowe Price Group is a global investment management firm that provides investment products and related services to individuals, retirement plans, institutions and financial intermediaries. Founded in 1937 by Thomas Rowe Price Jr., the company is headquartered in Baltimore, Maryland.

The firm manages a range of investment strategies, including equity, fixed-income and multi-asset portfolios. Its offerings include mutual funds, exchange-traded funds and separately managed accounts, as well as retirement-focused products and advisory services.