Group 1 - T. Rowe Price Group, Inc. (NASDAQ:TROW) is recognized as one of the 13 Undervalued Dividend Aristocrats to consider for investment [1] - The company provides investment management services to a diverse clientele, including individuals, institutional investors, and retirement plans [2] - As of FY 2025, T. Rowe Price reported $1.78 trillion in assets under management (AUM), reflecting a 10% growth from FY 2024 [4] - The AUM reached $1.8 trillion at the end of February, indicating continued growth [4] - The company increased its quarterly dividend by 2.4% to $1.30 per share, marking the 40th consecutive year of dividend growth, with an annual dividend yield of 5.82% [4] Group 2 - Evercore ISI lowered its price target for T. Rowe Price from $106 to $99 while maintaining an 'In Line' rating, indicating an upside potential of almost 11% from the current share price [3][7]
Analyst Reduces T Rowe Price Group Target (TROW) to $99