TROW
NASDAQ · Financial Services
T Rowe Price Group Inc
$114.02
+0.40 (+0.35%)
TROW News6 articles
Bloom Energy Drops 5% as Russell Index Shift Looms
Bloom Energy dropped 5.2% as it prepares to exit the Russell 2000 for the Top 200, with a $15 billion intraday equity swing and shares trading at 24x 2026 revenue.
XRP Surges Past $1.18 on SEC ETF Approval, $1.20 in Sight
XRP rose 3.5% to $1.19 after the SEC approved a multi-asset crypto ETF that includes XRP, fueling optimism for institutional inflows. The token broke through $1.14 resistance, with traders eyeing $1.20.
T. Rowe Price Appoints Eric Veiel as President Amidst Persistent Outflows
T. Rowe Price appoints Eric Veiel as president; Rob Sharps remains CEO. Net outflows totaled $10.6 billion in April, with AUM falling $65.9 billion in Q1.
PNC Reduces T. Rowe Price Stake Amid Strategic Shift to US Equities
PNC Financial cut its T. Rowe Price stake by 4.3% in Q4. T. Rowe shifts to US equities, reports $1.825T AUM, but net outflows hit $10.6B. Q1 EPS of $2.52 beat estimates.
T. Rowe Price Maintains 5% Yield Amid Q1 Outflows
T. Rowe Price declares a $1.30 quarterly dividend, maintaining a 5% yield, despite $13.7B in Q1 net outflows and a drop in AUM to $1.71 trillion.
T. Rowe Price Faces $13.7B Outflows as Q1 Earnings Loom
T. Rowe Price reports $13.7B in Q1 net outflows, with AUM falling to $1.71T. Analysts cut price targets ahead of earnings, as the dividend stock faces pressure from fee revenue and competition.