T. Rowe Price Group, Inc. (NASDAQ:TROW) is included among the 15 Best Dividend Growth Stocks to Buy Now.
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On November 3, BofA analyst Craig Siegenthaler raised his price target on T. Rowe Price Group, Inc. (NASDAQ:TROW) from $97 to $105 while maintaining an Underperform rating, as reported by The Fly. The revision followed the company’s stronger-than-expected earnings per share (EPS) of $2.81, which were boosted by non-operating income and tax benefits, though management fees came in below estimates.
For the third quarter of 2025, T. Rowe Price Group, Inc. (NASDAQ:TROW) reported revenue of $1.91 billion, reflecting a 6.88% increase year-over-year but falling short of analysts’ forecasts by about $10 million. The firm’s assets under management (AUM) climbed by $90.4 billion during the quarter, reaching a record $1.77 trillion as of September 30. This growth included the addition of managed account model delivery assets beginning July 1, 2025.
Management highlighted that the company’s new strategic partnership with Goldman Sachs would enable it to introduce innovative investment solutions for clients. In the same period, T. Rowe Price Group, Inc. (NASDAQ:TROW) returned $442 million to shareholders through its regular dividend payments and stock repurchase program.
T. Rowe Price Group, Inc. (NASDAQ:TROW) operates as a leading global investment management firm, providing a diverse range of products and services such as mutual funds, retirement plans, and other investment solutions for both individual and institutional investors.
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Disclosure: None.