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T Rowe Price Group Inc

T Rowe Price Group Inc

TROW
$106.29USD-1.17%-1.26 today

MARKET CAP

22.7B

P/E (TTM)

11.4x

FWD P/E

DAY RANGE

$106 – $109

52W RANGE

$85
$122

AI Summary

Stalk
TrimMedium

TROW is in Stage 3 distribution with a definitive series of lower highs and lower lows, trading below the declining 9-, 20-, and 50-day moving averages. Despite extreme oversold conditions, no reliable reversal signal or bullish divergence has emerged, so the medium-term bias remains bearish while the long-term uptrend above the 200-day SMA holds. Under a Stable strategy, execution is best deferred, focusing on measured selling into structural resistance rather than selling into failing support.

  • Adjusted EPS rose 13% YoY to $2.57 in Q2 2026.
  • ETF AUM topped $25B with $4.4B net inflows in Q2.
  • Net outflows totaled $6.5B in Q2 and $56.9B in Q4 2025.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

T. Rowe Price Group, Inc. (NASDAQ: TROW) is a leading global investment management firm specializing in active strategies across various asset classes, including equity, fixed income, multi-asset, and alternatives. With approximately $1.9 trillion in assets under management (AUM) as of Q2 2026, the company has established a strong presence in the retirement solutions market, driven by their expertise in managing target date funds and a growing exchange-traded fund (ETF) business. They are well-positioned within the macro trend focusing on low-fee investment strategies and innovative solutions catering to changing client preferences.

Bull says

  • Adjusted EPS rose 13% YoY to $2.57 in Q2 2026.
  • ETF AUM topped $25B with $4.4B net inflows in Q2.
  • YTD buybacks at $624.6M support shareholder returns.
  • AUM reached $1.9T, driven by retirement funds and ETF growth.
  • Strategic Goldman Sachs partnership and AI initiatives boost offerings.
  • High earnings yield and 0.88% dividend yield signal value.

Bear says

  • Net outflows totaled $6.5B in Q2 and $56.9B in Q4 2025.
  • Effective fee rate dropped to 38.1 basis points, compressing margins.
  • Operating expenses rose 4.2% YoY, straining profitability in 2026.
  • Regulatory uncertainty around private markets may delay product launches.
  • Elevated short interest and weak growth factors reflect skepticism.
  • Passive competitors like Vanguard and BlackRock erode active management moat.

Investment themes with TROW

High Dividend Yield -0.51%

Companies paying above-average dividends

AVGO · JPM · XOM
Quality -0.56%

Companies with strong fundamentals and stability

NVDA · AAPL · MSFT
Capital Markets -1.45%

Debt and equity trading fueling economic growth

SNEX · AAMI · PWP

Earnings Call · Q2 2025 · Mgmt. Guidance

Updated 08-17-2026neutral

Transcript signals

Bull points

  • we are building momentum for the long term, growing our ETF business, leveraging partnerships to extend our reach, and expanding our leadership in retirement.
  • we believe that our plan will drive efficiency to fund investment in the future of the business.
  • The long-term performance of our target date funds is strong.

Bear points

  • a number of our value strategies underperformed this quarter.
  • Our emerging market segment had a weaker quarter versus peers,
  • we had $14.9 billion in net outflows, which, similar to last quarter, were driven by U.S. equities, along with the timing of a few client redemptions and rebalancing activity that coincided with the snapback in equity markets.
Read full transcript analysis ›