T. Rowe Price Group, Inc.'s Stock Analysis

T. Rowe Price Announces New Leadership Appointments

T. Rowe Price Group has appointed Eric L. Veiel as President, Co-Head of Global Investments, and Chief Investment Officer, effective June 1, 2026. Rob Sharps will continue as Chief Executive Officer, overseeing the firm's overall vision and strategy. Veiel, who has been with the firm for over 20 years, will focus on enhancing operational efficiency and innovation while maintaining a client-first approach. Sébastien Page will also serve as Co-Head of Global Investments and Chief Investment Officer, while Wyatt Lee will take over as Head of Global Multi-Asset on October 1, 2026.

The leadership changes aim to strengthen T. Rowe Price's strategy and innovation capabilities, with a focus on delivering successful client outcomes. The firm manages approximately $1.83 trillion in client assets, with a significant portion related to retirement. The new appointments are part of a broader commitment to modernize operations and deepen client relationships, ensuring that T. Rowe Price continues to meet evolving market demands.

May 18, 2026 16:00:09

T Rowe Price Annual Meeting Votes and Proposals Summary

The annual meeting of T Rowe Price Group stockholders took place on May 7, 2026, with 217,605,891 shares eligible to vote as of the record date, February 20, 2026. The proposals voted on included the election of directors, an advisory vote on executive compensation, and the ratification of KPMG LLP as the independent accounting firm for 2026.

May 11, 2026 16:01:03

T Rowe Price Reports First Quarter 2026 Financial Results

T. Rowe Price Group, Inc. reported assets under management (AUM) of $1.7 trillion as of March 31, 2026, reflecting a decrease of $65.9 billion from the previous quarter. The company experienced net client outflows of $13.7 billion during the same period. The diluted earnings per share (EPS) for the first quarter was $2.23, while the adjusted diluted EPS was $2.52. A total of $629 million was returned to stockholders through dividends and stock repurchases.

Net revenues for the first quarter of 2026 were approximately $1.9 billion, representing a 5.3% increase compared to the same quarter in 2025, but a 4.0% decrease from the previous quarter. Operating expenses increased slightly by 0.8% year-over-year to $1,176.5 million, while adjusted operating expenses rose by 1.8%. The firm employed 7,507 associates as of March 31, 2026, a decrease from the previous year. Additionally, T. Rowe Price reported a restructuring charge of $10 million related to an ongoing expense management program.

Apr 30, 2026 07:02:49

T Rowe Price Updates CEO Employment Agreement and Compensation Structure

T. Rowe Price Group has announced an updated employment agreement with Glenn R. August, the Chief Executive Officer of Oak Hill Advisors, which will extend his employment under specific terms. Mr. August will receive an annual base salary of $350,000, with eligibility for annual bonuses and other incentive payments. The agreement includes provisions for severance benefits should his employment be terminated without cause or for good reason, including salary continuation and a prorated annual bonus.

Additionally, the Compensation Committee has approved the OHA 2026 Partner Cash Compensation Pool Plan, allowing Mr. August and other OHA partners to receive annual bonuses based on management fees and performance. Mr. August is set to receive a percentage of the OHA Cash Compensation Pool and has been awarded a percentage of the Value Creation Incentive Plan for the 2027 performance period. The plan allows for equity awards to be deferred for certain partners starting in 2027, aligning compensation with performance metrics.

Apr 22, 2026 08:00:35

T. Rowe Price Reports Q4 and Full Year 2025 Results

T. Rowe Price Group, Inc. reported its financial results for the fourth quarter and full year of 2025, revealing assets under management (AUM) of $1.8 trillion as of December 31, 2025. The company experienced net client outflows of $25.5 billion in Q4 and $56.9 billion for the full year. Diluted earnings per share (EPS) were reported at $1.99 for Q4 and $9.24 for the full year, while adjusted diluted EPS stood at $2.44 for Q4 and $9.72 for 2025. The firm returned $426 million to stockholders in Q4 and $1.8 billion throughout the year through dividends and stock repurchases.

Operating expenses for Q4 2025 were $1.46 billion, reflecting a 16.5% increase compared to the same quarter in the previous year. The increase in expenses was driven by higher compensation and benefits costs, particularly due to annual incentive grants. Additionally, the firm recorded a restructuring charge of $148.8 million related to ongoing expense management initiatives. The effective tax rate for 2025 decreased compared to 2024, with expectations for the 2026 effective tax rate estimated between 23.0% and 27.0%.

Feb 04, 2026 07:06:16

T Rowe Price COO Resignation and New Leadership Announcement

T. Rowe Price Group announced the resignation of its Chief Operating Officer, Kimberly Johnson, effective December 31, 2025. Johnson has been with the firm since 2022 and has played a key role in modernizing the company’s technology and operational processes. Her departure is part of a broader strategic shift, as the firm will establish a new Technology, Data, and Operations function to enhance digital capabilities and operational excellence.

Ramon Richards, the current Chief Technology Officer, will lead this new function, focusing on integrating technology and data into the company’s operations. The transition is aimed at aligning the firm’s capabilities with changing industry dynamics and enhancing operational efficiency. T. Rowe Price manages approximately $1.77 trillion in client assets, with a significant portion related to retirement, reflecting its longstanding expertise in asset management.

Nov 03, 2025 08:39:52

T. Rowe Price Reports Q3 2025 Financial Results and AUM

T. Rowe Price Group reported third-quarter 2025 results, highlighting assets under management (AUM) of $1.77 trillion, which increased by $90.4 billion from the previous quarter. The firm experienced net client outflows of $7.9 billion during this period. Earnings per share were reported at $2.87, with adjusted earnings per share at $2.81. The company returned $442 million to shareholders through dividends and stock repurchases. Additionally, the firm noted a strategic collaboration with Goldman Sachs, aimed at enhancing its market offerings.

For the third quarter, T. Rowe Price's net revenues reached $1.9 billion, marking a 6% increase year-over-year. However, the effective fee rate decreased to 39.1 basis points, attributed to client flows towards lower-fee strategies. Operating expenses rose to $1.25 billion, with a notable restructuring charge of $28.5 million related to workforce adjustments. The firm employed 7,830 associates as of September 30, 2025, reflecting a decrease in headcount from the previous year. The effective tax rate for the year is projected to be between 23.0% and 26.0%.

Oct 31, 2025 07:01:49

T. Rowe Price Appoints Two Independent Directors to Board

T. Rowe Price Group, Inc. has expanded its Board of Directors from 11 to 13 members with the election of Allan Golston and Richard Verma as independent directors. Golston is the president of the United States Program at the Gates Foundation, bringing experience from his previous roles in finance and administration. Verma, currently the chief administrative officer for Mastercard, has a background in government and public policy, having served as the deputy secretary of state and U.S. ambassador to India. Both directors are recognized as independent according to NASDAQ and SEC regulations.

The company manages $1.77 trillion in client assets as of September 30, 2025, with a significant portion related to retirement. T. Rowe Price has a longstanding reputation for investment excellence and independent research, aiming to support its clients in navigating evolving markets. The addition of Golston and Verma is expected to enhance the Board's expertise in both the financial and public policy sectors, contributing to the firm's ongoing growth.

Oct 16, 2025 09:14:45

T. Rowe Price and Goldman Sachs Announce Strategic Collaboration

T. Rowe Price Group, Inc. has entered into a strategic collaboration with Goldman Sachs aimed at developing diversified public and private market investment solutions for retirement and wealth investors. This partnership will leverage the strengths of both firms to enhance access to private markets, focusing on delivering innovative offerings tailored to the needs of individuals, financial advisors, and plan sponsors. Goldman Sachs plans to invest up to $1 billion in T. Rowe Price common stock, acquiring up to 3.5 percent ownership.

The collaboration will introduce new co-branded target-date strategies and model portfolios, combining expertise from both firms. Additionally, they will work on multi-asset offerings that integrate various asset classes, including private equity and private credit. The partnership seeks to create scalable advisory platforms for managed retirement accounts, enhancing the range of investment strategies available to clients. This collaboration is viewed as a significant development for both companies and their clients in the wealth management space.

Sep 04, 2025 08:38:27

T Rowe Price Reports Q2 2025 Financial Results and AUM

T. Rowe Price Group, Inc. reported its financial results for the second quarter of 2025, noting assets under management (AUM) of $1.68 trillion, an increase of $110.5 billion from the previous quarter. The company experienced net client outflows of $14.9 billion during this period. Diluted earnings per share (EPS) were reported at $2.24, with an equivalent adjusted diluted EPS. The firm returned $395 million to stockholders through dividends and stock repurchases, highlighting its ongoing commitment to shareholder returns.

In terms of revenue, T. Rowe Price generated net revenues of $1.7 billion, reflecting a decrease of 0.6% from the same quarter in 2024 and 2.3% from the prior quarter. Operating expenses rose by 6.5% year-over-year to $1.245 billion, driven by increased compensation and technology costs. The company employed 8,063 associates as of June 30, 2025, marking a slight increase from the previous year. T. Rowe Price anticipates filing its Form 10-Q for further details on its financial performance.

Aug 01, 2025 07:05:28