T. Rowe Price (TROW)

Company Profile

t. rowe price (trow) is an independent investment management firm with an unyielding focus on helping investors around the world achieve their long-term goals. headquartered in baltimore, we provide a broad array of mutual funds, subadvisory services, separate account management, and related services for individuals, institutions, retirement plan sponsors, and financial intermediaries. our approach to managing investments is rooted in our own fundamental research, distinguished by discipline, and carried out by experienced professionals. the investment products (including the t. rowe price mutual funds) or services referred to on this profile may be offered only to persons in the united states. this profile should not be considered a solicitation or offering of any investment products or services to investors residing outside the united states t. rowe price investment services, inc.

Company profile

Ticker

TROW

Exchange

NASDAQ

Website

www.troweprice.com

CEO

William Stromberg

Incorporated

Maryland

Location

Maryland

Fiscal year end

Dec 31

Sector

Finance and Insurance > Investment Advice

Industry (SIC)

Security & Commodity Brokers, Dealers, Exchanges & Services

CME • Nasdaq Inc - 144A • LPL Financial • StoneX • BGC • Tradeweb Markets Inc Cls A • Cboe Global Markets • Forge Global • National • TOP Financial Group Limited ...

SEC CIK

0001113169

Corporate docs

Articles of Incorporation & Bylaws

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

T. Rowe Price Advisory Services, Inc. • T. Rowe Price Associates, Inc. • TRP Suburban, Inc. • TRP Suburban Second, Inc. • TRP Colorado Springs, LLC • TRP Office Florida, LLC • T. Rowe Price Trust Company • T. Rowe Price Investment Services, Inc. • T. Rowe Price Services, Inc. • T. Rowe Price Retirement Plan Services, Inc. ...

IRS number

522264646

SEC advisor number

801-39638

FINRA CRD number

107290

AUM ?

$4.72 bn (as of 6 Oct 23)

Accounts

25 (as of 6 Oct 23)

Employees

8 (6 investment advisory or research)

Address

T. Rowe Price
100 EAST PRATT STREET
P.O. BOX 89000
BALTIMORE
MD 21289-0320

Phone

4103452000

Brochures

T. Rowe Price (Canada), Inc. (31 Mar 23)

TROW stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

T. Rowe Price Group Reports Preliminary Month-end

13 Nov 23

8-K

Departure of Directors or Certain Officers

27 Oct 23

T. Rowe Price Group Reports Third Quarter 2023 Results

Correspondence with SEC

24 Aug 23

8-K

Departure of Directors or Certain Officers

3 Aug 23

S-8

Registration of securities for employees

28 Jul 23

Transcripts

TROW

Earnings call transcript

2023 Q3

27 Oct 23

TROW

Earnings call transcript

2023 Q2

28 Jul 23

TROW

Earnings call transcript

2023 Q1

2 May 23

Latest ownership filings

View all

Robert C.T. Higginbotham

Financial summary

Financial statements Chart TROW financial data

Quarter (USD)	Sep 23	Jun 23	Mar 23	Dec 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q3 2023

TROW institutional ownership history Ownership history

74.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	964	965	-0.1%
Opened positions	91	80	+13.8%
Closed positions	92	88	+4.5%
Increased positions	364	356	+2.2%
Reduced positions	363	395	-8.1%

13F shares	Current	Prev Q	Change
Total value	17.41 tn	18.82 tn	-7.5%
Total shares	166.02 mm	168.55 mm	-1.5%
Total puts	1.21 mm	955.40 k	+26.9%
Total calls	1.34 mm	908.10 k	+47.8%
Total put/call ratio	0.9	1.1	-14.1%

Largest owners	Shares	Value	Change
Vanguard	26.29 mm	$2.76 tn	-0.8%
BLK Blackrock	19.82 mm	$2.08 tn	-2.3%
STT State Street	14.98 mm	$1.57 tn	+3.4%
Fayez Sarofim & Co	7.19 mm	$754.52 bn	-4.0%
Geode Capital Management	5.12 mm	$535.55 bn	+1.7%
Charles Schwab Investment Management	4.90 mm	$513.87 bn	+2.8%
MS Morgan Stanley	3.48 mm	$365.30 bn	+0.7%
Victory Capital Management	3.39 mm	$355.75 bn	-1.0%
American Century Companies	2.96 mm	$310.29 bn	-4.2%
JPM JPMorgan Chase & Co.	2.73 mm	$286.48 bn	-56.2%

Largest transactions	Shares	Bought/sold	Change
JPM JPMorgan Chase & Co.	2.73 mm	-3.51 mm	-56.2%
Balyasny Asset Management	1.12 mm	+1.12 mm	+19808.9%
Fisher Asset Management	1.64 mm	+675.66 k	+69.9%
Capital World Investors	921.93 k	-642.04 k	-41.1%
Fenimore Asset Management	531.04 k	+531.04 k	NEW
STT State Street	14.98 mm	+497.28 k	+3.4%
BLK Blackrock	19.82 mm	-466.60 k	-2.3%
Citadel Advisors	1.05 mm	-440.78 k	-29.5%
Comerica Bank	48.39 k	-351.86 k	-87.9%
BAC Bank Of America	1.16 mm	-342.84 k	-22.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

TROW insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
5 Dec 23	Kimberly H Johnson	Common Stock	Grant	Acquire A	No	No	107.2691	215.946	23.16 k	36,751.899
5 Dec 23	Kimberly H Johnson	Common Stock	Grant	Acquire A	No	No	0	16,908	0.00	36,535.953
5 Dec 23	Oestreicher David	Common Stock	Grant	Acquire A	No	No	109.6479	221.213	24.26 k	115,464.426
5 Dec 23	Oestreicher David	Common Stock	Grant	Acquire A	No	No	0	10,194	0.00	115,243.214
5 Dec 23	Andrew C. McCormick	Common Stock	Grant	Acquire A	No	No	101.8964	68.911	7.02 k	75,851.816
5 Dec 23	Andrew C. McCormick	Common Stock	Grant	Acquire A	No	No	0	11,189	0.00	75,782.905
5 Dec 23	Joshua B Nelson	Common Stock	Grant	Acquire A	No	No	103.84	0.997	103.53	76,863.115
5 Dec 23	Joshua B Nelson	Common Stock	Grant	Acquire A	No	No	0	19,394	0.00	76,862.118
5 Dec 23	Jessica M Hiebler	Common Stock	Grant	Acquire A	No	No	107.5793	218.623	23.52 k	13,587.491
5 Dec 23	Jessica M Hiebler	Common Stock	Grant	Acquire A	No	No	0	1,741	0.00	13,368.868