T. Rowe Price (TROW)

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

IRS number

522264646

SEC advisor number

801-39638

FINRA CRD number

107290

AUM ?

$5.17 bn (as of 28 Mar 24)

Accounts

26 (as of 28 Mar 24)

Employees

10 (7 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 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$113.25

Low target

$105.00

High target

$121.00

Keefe, Bruyette & Woods

Latest filings (excl ownership)

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14 Feb 25

T. Rowe Price Group Reports Fourth Quarter and Full Year 2024 Results

1 Nov 24

T. Rowe Price Group Reports Third Quarter 2024 Results

1 Nov 24

8-K

Departure of Directors or Certain Officers

26 Jul 24

T. Rowe Price Group Reports Second Quarter 2024 Results

26 Jul 24

8-K

Submission of Matters to a Vote of Security Holders

26 Apr 24

Transcripts

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TROW

Earnings call transcript

2024 Q4

5 Feb 25

TROW

Earnings call transcript

2024 Q3

1 Nov 24

TROW

Earnings call transcript

2024 Q2

26 Jul 24

TROW

Earnings call transcript

2024 Q1

26 Apr 24

TROW

Earnings call transcript

2023 Q4

8 Feb 24

TROW

Earnings call transcript

2023 Q3

27 Oct 23

TROW

Earnings call transcript

2023 Q2

28 Jul 23

TROW

Earnings call transcript

2023 Q2

28 Jul 23

TROW

Earnings call transcript

2023 Q1

2 May 23

Latest ownership filings

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Notice of proposed sale of securities

14 Feb 25

144

Notice of proposed sale of securities

Notice of proposed sale of securities

Financial summary

Financial statements Chart TROW financial data

Quarter (USD)	Dec 24	Sep 24	Jun 24	Mar 24
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 24	Dec 23	Dec 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.71 bn	2.71 bn	2.71 bn	2.71 bn	2.71 bn	2.71 bn
Cash burn (monthly)	171.90 mm	(no burn)	(no burn)	(no burn)	93.97 mm	(no burn)
Cash used (since last report)	371.58 mm	n/a	n/a	n/a	203.12 mm	n/a
Cash remaining	2.34 bn	n/a	n/a	n/a	2.51 bn	n/a
Runway (months of cash)	13.6	n/a	n/a	n/a	26.7	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

TROW institutional ownership history Ownership history

76.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1094	1037	+5.5%
Opened positions	157	95	+65.3%
Closed positions	100	107	-6.5%
Increased positions	383	393	-2.5%
Reduced positions	386	378	+2.1%

13F shares	Current	Prev Q	Change
Total value	18.66 tn	17.29 tn	+7.9%
Total shares	170.26 mm	165.01 mm	+3.2%
Total puts	1.81 mm	2.17 mm	-16.7%
Total calls	1.77 mm	2.20 mm	-19.3%
Total put/call ratio	1.0	1.0	+3.2%

Largest owners	Shares	Value	Change
Vanguard	26.06 mm	$2.95 tn	+0.5%
BlackRock	20.20 mm	$2.28 tn	+0.4%
STT State Street	14.52 mm	$1.64 tn	+1.2%
Charles Schwab Investment Management	7.19 mm	$812.80 bn	+5.1%
Fayez Sarofim & Co	6.05 mm	$684.47 bn	+7.6%
Geode Capital Management	5.63 mm	$635.26 bn	+2.1%
Victory Capital Management	2.98 mm	$336.46 bn	-5.6%
MS Morgan Stanley	2.84 mm	$321.54 bn	+3.3%
American Century Companies	2.82 mm	$318.60 bn	-2.0%
Provident Trust	2.61 mm	$295.31 bn	+8.9%

Largest transactions	Shares	Bought/sold	Change
UBS UBS	2.23 mm	+1.16 mm	+107.7%
International Assets Investment Management	9.35 k	-1.06 mm	-99.1%
Norges Bank	1.04 mm	+1.04 mm	NEW
JPM JPMorgan Chase & Co.	560.25 k	-635.93 k	-53.2%
Marshall Wace	559.59 k	+559.59 k	NEW
Citadel Advisors	654.19 k	+501.70 k	+329.0%
Fayez Sarofim & Co	6.05 mm	+425.14 k	+7.6%
Amundi	1.72 mm	+397.28 k	+30.1%
Ubs Global Asset Management Americas	1.76 mm	+387.60 k	+28.2%
BNP Paribas Asset Management Holding	425.40 k	+354.96 k	+503.9%

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
25 Feb 25	Dublon Dina	Common Stock	Gift	Acquire G	Yes	No	0	1,890	0.00	1,890
25 Feb 25	Dublon Dina	Common Stock	Gift	Dispose G	No	No	0	1,890	0.00	10,758.986
24 Feb 25	Veiel Eric L	Common Stock	Gift	Dispose G	Yes	No	0	4,090	0.00	0
24 Feb 25	Veiel Eric L	Common Stock	Gift	Acquire G	Yes	No	0	4,090	0.00	46,000
14 Feb 25	Jessica M Hiebler	Common Stock	Grant	Acquire A	No	No	115.6115	84.483	9.77 k	14,440.523
14 Feb 25	Jessica M Hiebler	Common Stock	Sell	Dispose S	No	No	107.8718	1,177	126.97 k	14,356.039
14 Feb 25	Jessica M Hiebler	Common Stock	Option exercise	Acquire M	No	No	79.7137	1,177	93.82 k	15,533.039
14 Feb 25	Jessica M Hiebler	Stock Option Common Stock	Option exercise	Dispose M	No	No	79.7137	1,177	93.82 k	0
11 Feb 25	Joshua B Nelson	Common Stock	Payment of exercise	Dispose F	No	No	109.03	1,029	112.19 k	78,293.924
11 Feb 25	Joshua B Nelson	Common Stock	Payment of exercise	Dispose F	No	No	109.03	83	9.05 k	79,322.924