Short interest for T. Rowe Price Gr gives investors a sense of the degree to which investors are betting on the decline of T. Rowe Price Gr's stock. Short interest data is updated every two weeks.

T. Rowe Price Gr Stock (NASDAQ:TROW), Short Interest Report

T. Rowe Price Gr

T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of January 2024, the firm had $1.450 trillion in managed assets, composed of equity (52%), balanced (33%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 9% of its AUM from overseas.

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Nancy Pelosi disclosed a new million dollar investment in a private data and artificial intelligence company. Other investors in the company include Cathie Wood, Nvidia and Andreessen Horowitz.

Nancy Pelosi, Cathie Wood, NVIDIA Now Share Investments In This Pre-IPO, High-Growth Artificial Intelligence Company

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The UK-based chip design firm, Arm Holdings, is gearing up for a blockbuster initial public offering (IPO) that could value the company at a staggering $54 billion. The IPO is slated to be the most significant in the tech sector in two years.

Investor Frenzy Over Arm&#39;s IPO Pushes Valuation To New Heights, Could Skyrocket To $54B

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Arm Holdings Ltd, a chip designer backed by SoftBank Group Corp (OTC: SFTBF) (OTC: SFTBY), has officially launched its roadshow for its highly anticipated initial public offering (IPO). 

SoftBank Backed Arm Eyes $52B IPO with T. Rowe Price as Key Player

T. Rowe Price Group Inc

<p>Ratings for T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) were provided by 10 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.</p>
<p>Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>In the assessment of 12-month price targets, analysts unveil insights for T. Rowe Price Gr, presenting an average target of $111.3, a high estimate of $125.00, and a low estimate of $94.00. This upward trend is evident, with the current average reflecting a 8.48% increase from the previous average price target of $102.60.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1714489281_0.png" alt="price target chart" /></p>
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
<p>The analysis of recent analyst actions sheds light on the perception of T. Rowe Price Gr by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Glenn Schorr</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$107.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$125.00</td>
<td>$114.00</td>
</tr>
<tr>
<td>Ken Worthington</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$103.00</td>
<td>$94.00</td>
</tr>
<tr>
<td>Brennan Hawken</td>
<td>UBS</td>
<td>Raises</td>
<td>Sell</td>
<td>$109.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Aidan Hall</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$120.00</td>
<td>$106.00</td>
</tr>
<tr>
<td>Bill Kirk</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$114.00</td>
<td>$92.00</td>
</tr>
<tr>
<td>Chris Allen</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$125.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Glenn Schorr</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$108.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Ken Worthington</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$94.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Finian O'Shea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$108.00</td>
<td>$105.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to T. Rowe Price Gr. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of T. Rowe Price Gr compared to the broader market.</li>
<li><strong>Price Targets:</strong> Delving into movements, analysts provide estimates for the future value of T. Rowe Price Gr's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
<p>For valuable insights into T. Rowe Price Gr's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TROW/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on T. Rowe Price Gr analyst ratings.</strong></a></p>
<h2>Delving into T. Rowe Price Gr's Background</h2>
<p>T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of January 2024, the firm had $1.450 trillion in managed assets, composed of equity (52%), balanced (33%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 9% of its AUM from overseas.</p>
<h3>Financial Milestones: T. Rowe Price Gr's Journey</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.</p>
<p><strong>Revenue Growth:</strong> Over the 3 months period, T. Rowe Price Gr showcased positive performance, achieving a revenue growth rate of <strong>13.83%</strong> as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.</p>
<p><strong>Net Margin:</strong> T. Rowe Price Gr's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of <strong>31.88%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>5.79%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>4.44%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> T. Rowe Price Gr's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.03</strong>.</p>
<h2>Understanding the Relevance of Analyst Ratings</h2>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Analyst Ratings

Breaking Down T. Rowe Price Gr: 10 Analysts Share Their Views

<p>Evercore ISI Group  analyst Glenn Schorr   maintains T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) with a In-Line and lowers the price target from $110 to $107.</p>


Price Target

Evercore ISI Group Maintains In-Line on T. Rowe Price Gr, Lowers Price Target to $107

WIIM

T. Rowe Price shares are trading higher following better-than-expected Q1 financial results.

<p>T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) reported quarterly earnings of $2.38 per share which beat the analyst consensus estimate of $2.04 by 16.67 percent.  The company reported quarterly sales of $1.750 billion which beat the analyst consensus estimate of $1.715 billion by 2.06 percent.  This is a 13.78 percent increase over sales of $1.538 billion the same period last year.</p>


Earnings

Earnings Beats

T. Rowe Price Gr Q1 2024 Adj EPS $2.38 Beats $2.04 Estimate, Net Revenues $1.750B Beat $1.715B Estimate

<p>JP Morgan  analyst Ken Worthington   maintains T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) with a Underweight and raises the price target from $94 to $103.</p>


JP Morgan Maintains Underweight on T. Rowe Price Gr, Raises Price Target to $103

<p>UBS  analyst Brennan Hawken   maintains T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) with a Sell and raises the price target from $100 to $109.</p>


UBS Maintains Sell on T. Rowe Price Gr, Raises Price Target to $109

<p>Keefe, Bruyette &amp; Woods  analyst Aidan Hall   upgrades T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) from Underperform to Market Perform and raises the price target from $106 to $120.</p>


Upgrades

Keefe, Bruyette & Woods Upgrades T. Rowe Price Gr to Market Perform, Raises Price Target to $120

<p>TD Cowen  analyst Bill Kirk   upgrades T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) from Sell to Hold and raises the price target from $92 to $114.</p>


TD Cowen Upgrades T. Rowe Price Gr to Hold, Raises Price Target to $114

<p>In the last three months, 7 analysts have published ratings on T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>), offering a diverse range of perspectives from bullish to bearish.</p>
<p>In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>
<p>Analysts have recently evaluated T. Rowe Price Gr and provided 12-month price targets. The average target is $106.86, accompanied by a high estimate of $125.00 and a low estimate of $94.00. This current average reflects an increase of 8.09% from the previous average price target of $98.86. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1712343643_0.png" alt="price target chart" /></p>
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
<p>A comprehensive examination of how financial experts perceive T. Rowe Price Gr is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Chris Allen</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$125.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Glenn Schorr</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$108.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Ken Worthington</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$94.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Finian O'Shea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$108.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$106.00</td>
<td>$101.00</td>
</tr>
<tr>
<td>Brennan Hawken</td>
<td>UBS</td>
<td>Raises</td>
<td>Sell</td>
<td>$102.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Finian O'Shea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$105.00</td>
<td>$95.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to T. Rowe Price Gr. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of T. Rowe Price Gr compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
<p>For valuable insights into T. Rowe Price Gr's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TROW/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on T. Rowe Price Gr analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind T. Rowe Price Gr</h2>
<p>T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of January 2024, the firm had $1.450 trillion in managed assets, composed of equity (52%), balanced (33%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 9% of its AUM from overseas.</p>
<h3>Unraveling the Financial Story of T. Rowe Price Gr</h3>
<p><strong>Market Capitalization:</strong> With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.</p>
<p><strong>Revenue Growth:</strong> Over the 3 months period, T. Rowe Price Gr showcased positive performance, achieving a revenue growth rate of <strong>7.73%</strong> as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.</p>
<p><strong>Net Margin:</strong> T. Rowe Price Gr's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of <strong>25.94%,</strong> the company may encounter challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> T. Rowe Price Gr's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>4.51%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> T. Rowe Price Gr's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>3.43%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at <strong>0.03</strong>.</p>
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
<p>Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.</p>
<p>Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Cracking The Code: Understanding Analyst Reviews For T. Rowe Price Gr

<p>Citigroup  analyst Chris Allen   maintains T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) with a Neutral and raises the price target from $110 to $125.</p>


Citigroup Maintains Neutral on T. Rowe Price Gr, Raises Price Target to $125

<p>The trading activity of members of Congress including former Speaker of the House <strong>Nancy Pelosi</strong> (D-Calif.) has gained increased attention from retail traders <a href="https://www.benzinga.com/topic/congress-trading">in recent years.</a></p>
<p>A recent trading disclosure shows Pelosi is now an investor in a leading private data and artificial intelligence company.</p>
<p><strong>What Happened</strong>: Over the past year, Pelosi <a href="https://www.benzinga.com/general/politics/24/02/37318921/nancy-pelosi-has-new-tech-stock-pick-after-making-more-than-1m-on-nvidia-heres-the-latest-purcha">disclosed large investments</a> in technology giants <strong>NVIDIA Corpo</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and <strong>Palo Alto Networks Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>).</p>
<p>A recent filing shows Pelosi and her venture capitalist husband <strong>Paul Pelosi</strong> took a $1 million to $5 million stake in data services and artificial intelligence company <strong>Databricks</strong>.</p>
<p>The investment was done using the secondary markets platform from <strong>Forge Investments</strong> according to the filing <a href="https://twitter.com/congresstrading/status/1771177319949832536">shared </a>by CongressTrading on X.</p>
<p>"Databricks is a San Francisco engineering and analytic software company based on AI technology," the disclosure stated.</p>
<p>Pelosi represents District 11 of California in the U.S. House of Representatives. The region includes San Francisco, where Databricks is based.</p>
<p><em>Related Link: <a href="https://www.benzinga.com/general/politics/24/01/36459015/10-best-stock-traders-in-congress-in-2023-spoiler-nancy-pelosi-is-back-on-the-list">10 Best Stock Traders In Congress In 2023 (Spoiler: Nancy Pelosi Has Reentered The Chat)</a></em></p>
<p><strong>Why It's Important: </strong>The investment from the Pelosis puts them in company with several other prominent investors in Databricks.</p>
<p><strong>Among the investors in Databricks are Nvidia and Cathie Wood's Ark Venture Fund.</strong></p>
<p>The Ark Venture Fund <a href="https://www.benzinga.com/markets/cryptocurrency/22/02/25420755/ark-funds-launching-new-fund-that-could-invest-in-private-companies">launched in 2022</a> and gives investors access to private companies. As of the end of 2023, Databricks <a href="https://ark-ventures.com/wp-content/uploads/2024/01/ARK-Venture-Fund-Fact-Sheet_December-2023.pdf">was </a>the fourth largest holding in the fund, representing 5.7% of assets.</p>
<p>Databricks <a href="https://www.databricks.com/company/newsroom/press-releases/databricks-raises-series-i-investment-43b-valuation#:~:text=San%20Francisco%2C%20CA%20%E2%80%94%20September%2014,price%20per%20share%20at%20%2473.50.">raised </a>$500 million in funding in September with the company valued at $43 billion. <strong>T. Rowe Price Group Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) led the investment round.</p>
<p>Other investors in the September funding round included <strong>Andreessen Horowitz, Baillie Gifford, ClearBridge Investments, Fidelity Management, Franklin Templeton, Counterpoint Global, Ontario Teachers' Pension Plan </strong>and <strong>Capital One Financial Corp </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>).</p>
<p>"Databricks and Nvidia are building transformative AI technology, and we're excited about the business value and innovation we can bring to our customers," Databricks CEO and co-founder<strong> Ali Ghodsi </strong>said at the time.</p>
<p>Nvidia CEO <strong>Jensen Huang </strong>praised the company alongside an investment by Nvidia in the round.</p>
<p>"Enterprise data is a goldmine for generative AI," Huang said. "Databricks is doing incredible work with Nvidia technology to accelerate data processing and generative AI models."</p>
<p>In March, Databricks reported 2023 revenue of $1.6 billion, which was up 50% year-over-year. The company's growth rate is ahead of public software companies, <a href="https://techcrunch.com/2024/03/07/databricks-revenue-numbers-ipo/">according </a>to TechCrunch.</p>
<p>While no IPO is planned for Databricks, the company is one of many companies that could be eyeing going public in the future.</p>
<p>With investors that include Pelosi, Ark Funds and Nvidia, an IPO would certainly generate plenty of attention.</p>
<p><em>Read Next: <a href="https://www.benzinga.com/general/politics/24/03/37460893/pelosi-loves-palo-alto-networks-stock-so-do-these-other-top-performing-traders-in-congress">Pelosi Loves Palo Alto Networks Stock, So Do These Other Top Performing Traders In Congress</a></em></p>
<p><em>Image created using photos from Ark Invest, </em><a href="http://shutterstock.com/" target="_blank" rel="noreferrer noopener"><em>Shutterstock.com</em></a><em> and </em><a href="https://www.flickr.com/photos/gageskidmore/" target="_blank" rel="noreferrer noopener"><em>Gage Skidmore</em></a><em> on Flickr</em></p>


<p>Providing a diverse range of perspectives from bullish to bearish, 8 analysts have published ratings on T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) in the last three months.</p>
<p>The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts have recently evaluated T. Rowe Price Gr and provided 12-month price targets. The average target is $101.62, accompanied by a high estimate of $108.00 and a low estimate of $88.00. Witnessing a positive shift, the current average has risen by 5.54% from the previous average price target of $96.29.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1709913660_0.png" alt="price target chart" /></p>
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
<p>A clear picture of T. Rowe Price Gr's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Glenn Schorr</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$108.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Ken Worthington</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$94.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Finian O'Shea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$108.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$106.00</td>
<td>$101.00</td>
</tr>
<tr>
<td>Brennan Hawken</td>
<td>UBS</td>
<td>Raises</td>
<td>Sell</td>
<td>$102.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Finian O'Shea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$105.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Bill Kirk</td>
<td>TD Cowen</td>
<td>Announces</td>
<td>Underperform</td>
<td>$88.00</td>
<td>-</td>
</tr>
<tr>
<td>Brian Bedell</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$102.00</td>
<td>$92.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to T. Rowe Price Gr. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of T. Rowe Price Gr compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts navigate through adjustments in price targets, providing estimates for T. Rowe Price Gr's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of T. Rowe Price Gr's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TROW/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on T. Rowe Price Gr analyst ratings.</strong></a></p>
<h2>About T. Rowe Price Gr</h2>
<p>T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of January 2024, the firm had $1.450 trillion in managed assets, composed of equity (52%), balanced (33%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 9% of its AUM from overseas.</p>
<h3>A Deep Dive into T. Rowe Price Gr's Financials</h3>
<p><strong>Market Capitalization Analysis:</strong> Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> T. Rowe Price Gr's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of <strong>7.73%</strong>. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.</p>
<p><strong>Net Margin:</strong> T. Rowe Price Gr's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of <strong>25.94%,</strong> the company may encounter challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> T. Rowe Price Gr's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>4.51%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> T. Rowe Price Gr's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>3.43%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> T. Rowe Price Gr's debt-to-equity ratio is below the industry average. With a ratio of <b>0.03</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>Understanding the Relevance of Analyst Ratings</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Beyond The Numbers: 8 Analysts Discuss T. Rowe Price Gr Stock

<p>Evercore ISI Group  analyst Glenn Schorr   maintains T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) with a In-Line and raises the price target from $105 to $108.</p>


Evercore ISI Group Maintains In-Line on T. Rowe Price Gr, Raises Price Target to $108

<p>This whale alert can help traders discover the next big trading opportunities.</p>
<p>Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.</p>
<p>Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. </p>
<p>Below are some instances of options activity happening in the Financials sector:<br />
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>COIN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/01/24</td>
<td>$200.00</td>
<td>$43.1K</td>
<td>2.3K</td>
<td>7.5K</td>
</tr>
<tr>
<td>HOOD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/08/24</td>
<td>$16.00</td>
<td>$28.5K</td>
<td>2.9K</td>
<td>737</td>
</tr>
<tr>
<td>MA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$440.00</td>
<td>$78.7K</td>
<td>1.6K</td>
<td>630</td>
</tr>
<tr>
<td>BAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$34.00</td>
<td>$71.5K</td>
<td>17.1K</td>
<td>592</td>
</tr>
<tr>
<td>LMND</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$28.0K</td>
<td>692</td>
<td>212</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$6.00</td>
<td>$31.0K</td>
<td>1.0K</td>
<td>116</td>
</tr>
<tr>
<td>BXMT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$17.00</td>
<td>$32.1K</td>
<td>702</td>
<td>113</td>
</tr>
<tr>
<td>TROW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$110.00</td>
<td>$157.6K</td>
<td>0</td>
<td>108</td>
</tr>
<tr>
<td>SQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$130.00</td>
<td>$53.2K</td>
<td>39.3K</td>
<td>90</td>
</tr>
<tr>
<td>BX</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$100.00</td>
<td>$155.5K</td>
<td>17</td>
<td>50</td>
</tr>
</tbody>
</table>
</p>
<h2>Explanation</h2>
<p>These itemized elaborations have been created using the accompanying table.  </p>
<p>•  For <strong>COIN</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a <strong>put</strong> option <strong>sweep</strong> that happens to be <strong>bearish</strong>, expiring in 2 day(s) on <strong>March 1, 2024</strong>. This event was a transfer of <strong>90</strong> contract(s) at a <strong>$200.00</strong> strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was <strong>$43.1K</strong>, with a price of <strong>$476.0</strong> per contract. There were <strong>2316</strong> open contracts at this strike prior to today, and today <strong>7550</strong> contract(s) were bought and sold. </p>
<p>•  For <strong>HOOD</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we notice a <strong>put</strong> option <strong>sweep</strong> that happens to be <strong>bearish</strong>, expiring in 9 day(s) on <strong>March 8, 2024</strong>. This event was a transfer of <strong>500</strong> contract(s) at a <strong>$16.00</strong> strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was <strong>$28.5K</strong>, with a price of <strong>$57.0</strong> per contract. There were <strong>2933</strong> open contracts at this strike prior to today, and today <strong>737</strong> contract(s) were bought and sold. </p>
<p>•  Regarding <strong>MA</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>), we observe a <strong>put</strong> option <strong>sweep</strong> with <strong>bullish</strong> sentiment. It expires in 114 day(s) on <strong>June 21, 2024</strong>. Parties traded <strong>115</strong> contract(s) at a <strong>$440.00</strong> strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was <strong>$78.7K</strong>, with a price of <strong>$685.0</strong> per contract. There were <strong>1608</strong> open contracts at this strike prior to today, and today <strong>630</strong> contract(s) were bought and sold. </p>
<p>•  For <strong>BAC</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), we notice a <strong>call</strong> option <strong>trade</strong> that happens to be <strong>bearish</strong>, expiring in 51 day(s) on <strong>April 19, 2024</strong>. This event was a transfer of <strong>500</strong> contract(s) at a <strong>$34.00</strong> strike. The total cost received by the writing party (or parties) was <strong>$71.5K</strong>, with a price of <strong>$143.0</strong> per contract. There were <strong>17150</strong> open contracts at this strike prior to today, and today <strong>592</strong> contract(s) were bought and sold. </p>
<p>•  For <strong>LMND</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMND#NYSE">LMND</a>), we notice a <strong>put</strong> option <strong>trade</strong> that happens to be <strong>neutral</strong>, expiring in 324 day(s) on <strong>January 17, 2025</strong>. This event was a transfer of <strong>200</strong> contract(s) at a <strong>$10.00</strong> strike. The total cost received by the writing party (or parties) was <strong>$28.0K</strong>, with a price of <strong>$140.0</strong> per contract. There were <strong>692</strong> open contracts at this strike prior to today, and today <strong>212</strong> contract(s) were bought and sold. </p>
<p>•  Regarding <strong>SOFI</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), we observe a <strong>call</strong> option <strong>trade</strong> with <strong>bearish</strong> sentiment. It expires in 51 day(s) on <strong>April 19, 2024</strong>. Parties traded <strong>100</strong> contract(s) at a <strong>$6.00</strong> strike. The total cost received by the writing party (or parties) was <strong>$31.0K</strong>, with a price of <strong>$310.0</strong> per contract. There were <strong>1081</strong> open contracts at this strike prior to today, and today <strong>116</strong> contract(s) were bought and sold. </p>
<p>•  Regarding <strong>BXMT</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BXMT#NYSE">BXMT</a>), we observe a <strong>call</strong> option <strong>sweep</strong> with <strong>bearish</strong> sentiment. It expires in 142 day(s) on <strong>July 19, 2024</strong>. Parties traded <strong>111</strong> contract(s) at a <strong>$17.00</strong> strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was <strong>$32.1K</strong>, with a price of <strong>$290.0</strong> per contract. There were <strong>702</strong> open contracts at this strike prior to today, and today <strong>113</strong> contract(s) were bought and sold. </p>
<p>•  For <strong>TROW</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>), we notice a <strong>call</strong> option <strong>sweep</strong> that happens to be <strong>bullish</strong>, expiring in 478 day(s) on <strong>June 20, 2025</strong>. This event was a transfer of <strong>108</strong> contract(s) at a <strong>$110.00</strong> strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was <strong>$157.6K</strong>, with a price of <strong>$1460.0</strong> per contract. There were <strong>0</strong> open contracts at this strike prior to today, and today <strong>108</strong> contract(s) were bought and sold. </p>
<p>•  For <strong>SQ</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), we notice a <strong>call</strong> option <strong>sweep</strong> that happens to be <strong>bullish</strong>, expiring in 478 day(s) on <strong>June 20, 2025</strong>. This event was a transfer of <strong>76</strong> contract(s) at a <strong>$130.00</strong> strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was <strong>$53.2K</strong>, with a price of <strong>$700.0</strong> per contract. There were <strong>39357</strong> open contracts at this strike prior to today, and today <strong>90</strong> contract(s) were bought and sold. </p>
<p>•  Regarding <strong>BX</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>), we observe a <strong>call</strong> option <strong>trade</strong> with <strong>neutral</strong> sentiment. It expires in 261 day(s) on <strong>November 15, 2024</strong>. Parties traded <strong>50</strong> contract(s) at a <strong>$100.00</strong> strike. The total cost received by the writing party (or parties) was <strong>$155.5K</strong>, with a price of <strong>$3110.0</strong> per contract. There were <strong>17</strong> open contracts at this strike prior to today, and today <strong>50</strong> contract(s) were bought and sold. </p>
<p><strong>Options Alert Terminology</strong><br />
 - <strong>Call Contracts:</strong> The right to buy shares as indicated in the contract.<br />
 - <strong>Put Contracts:</strong> The right to sell shares as indicated in the contract.<br />
 - <strong>Expiration Date:</strong> When the contract expires. One must act on the contract by this date if one wants to use it.<br />
 - <strong>Premium/Option Price:</strong> The price of the contract.  </p>
<p>For more information, visit our <em><a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a></em> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>.  </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Options

BXMT

COIN

HOOD

LMND

SOFI

10 Financials Stocks Whale Activity In Today's Session

ALLY

BRDG

CMTG

CURO

FTFT

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HASI

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VCTR

Shares of several companies in the broader financial sector are trading lower after January CPI data showed a greater-than-expected rise in inflation, which increased uncertainty surrounding future rate cuts.

<p>JP Morgan  analyst Ken Worthington   maintains T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) with a Underweight and raises the price target from $90 to $94.</p>


JP Morgan Maintains Underweight on T. Rowe Price Gr, Raises Price Target to $94

<p>Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) in the last three months.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts have set 12-month price targets for T. Rowe Price Gr, revealing an average target of $101.83, a high estimate of $108.00, and a low estimate of $88.00. Witnessing a positive shift, the current average has risen by 6.29% from the previous average price target of $95.80.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1707490838_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>A comprehensive examination of how financial experts perceive T. Rowe Price Gr is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Finian O'Shea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$108.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$106.00</td>
<td>$101.00</td>
</tr>
<tr>
<td>Brennan Hawken</td>
<td>UBS</td>
<td>Raises</td>
<td>Sell</td>
<td>$102.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Finian O'Shea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$105.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Bill Kirk</td>
<td>TD Cowen</td>
<td>Announces</td>
<td>Underperform</td>
<td>$88.00</td>
<td>-</td>
</tr>
<tr>
<td>Brian Bedell</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$102.00</td>
<td>$92.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to T. Rowe Price Gr. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of T. Rowe Price Gr compared to the broader market.</li>
<li><strong>Price Targets:</strong> Delving into movements, analysts provide estimates for the future value of T. Rowe Price Gr's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of T. Rowe Price Gr's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TROW/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on T. Rowe Price Gr analyst ratings.</strong></a></p>
<h2>About T. Rowe Price Gr</h2>
<p>T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of October 2023, the firm had $1.312 trillion in managed assets, composed of equity (51%), balanced (33%), fixed-income and money market (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just over 9% of its AUM from overseas.</p>
<h3>Understanding the Numbers: T. Rowe Price Gr's Finances</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.</p>
<p><strong>Positive Revenue Trend:</strong> Examining T. Rowe Price Gr's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>5.19%</strong> as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.</p>
<p><strong>Net Margin:</strong> T. Rowe Price Gr's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>26.49%</strong> net margin, the company effectively manages costs and achieves strong profitability.</p>
<p><strong>Return on Equity (ROE):</strong> T. Rowe Price Gr's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of <strong>4.74%,</strong> the company showcases efficient use of equity capital and strong financial health.</p>
<p><strong>Return on Assets (ROA):</strong> T. Rowe Price Gr's ROA excels beyond industry benchmarks, reaching <strong>3.52%</strong>. This signifies efficient management of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> T. Rowe Price Gr's debt-to-equity ratio is below the industry average. With a ratio of <b>0.03</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>Understanding the Relevance of Analyst Ratings</h2>
<p>Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.</p>
<p>Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


The Analyst Landscape: 6 Takes On T. Rowe Price Gr

<p>Wells Fargo  analyst Finian O'Shea   maintains T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) with a Underweight and raises the price target from $105 to $108.</p>


Wells Fargo Maintains Underweight on T. Rowe Price Gr, Raises Price Target to $108

General

T. Rowe Price Says During Q4 2023, Assets Under Management Increased $98B To $1.445T

<p>T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) reported quarterly earnings of $1.72 per share which beat the analyst consensus estimate of $1.59 by 8.18 percent. This is a 1.15 percent decrease over earnings of $1.74 per share from the same period last year.  The company reported quarterly sales of $1.64 billion which beat the analyst consensus estimate of $1.61 billion by 1.99 percent.  This is a 7.74 percent increase over sales of $1.52 billion the same period last year.</p>


T. Rowe Price Gr Q4 Adjusted EPS $1.72 Beats $1.59 Estimate, Sales $1.64B Beat $1.61B Estimate

T. Rowe Price Q1 earnings beat, helped by strong investment advisory fees

T Rowe Price (TROW) just unveiled an announcement. On April 26, 2024, investors can tune into a conference call and webcast where the Company will ...

T Rowe Price Q1 Financial Performance Review Call

T. Rowe Price Group, Inc. (TROW) Q1 2024 Earnings Call Transcript

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>T. Rowe Price Gr</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/trow-stock-quote/"><strong>TROW</strong></a></span>) just reported results for the first quarter of 2024.</p><ul><li>T. Rowe Price Gr reported earnings per share of $2.38. This was above the analyst estimate for EPS of $2.04.</li><li>The company reported revenue of $1.75 billion.</li><li>This was 2.34% better than the analyst estimate for revenue of $1.71 billion.</li></ul><div><p>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</p></div><h3>More From InvestorPlace</h3>
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	<p>The post <a href="https://investorplace.com/earning-results/2024/04/trow-stock-earnings-t-rowe-price-gr-for-q1-of-2024/">TROW Stock Earnings: T. Rowe Price Gr Beats EPS, Beats Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

TROW Stock Earnings: T. Rowe Price Gr Beats EPS, Beats Revenue for Q1 2024

15 out of 23  financial stocks deliver EPS wins, amid stable consumer demand - Earnings Scorecard

In a report released yesterday, Kyle Voigt from KBW maintained a Hold rating on T Rowe Price (TROW – Research Report), with a price target of $120....

KBW Reaffirms Their Hold Rating on T Rowe Price (TROW)

Analyst Christopher Allen from Citi reiterated a Hold rating on T Rowe Price (TROW – Research Report) and keeping the price target at $125.00. Chri...

T Rowe Price: Hold Rating Maintained Amid Positive Results and Ongoing Outflow Concerns

My Best Dividend Aristocrats For May 2024

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Everyone needs solace in stability and development in the current turbulent market climate. These are seven unwavering businesses that are well-known for their fundamental capability to withstand market downturns.&nbsp;</p>



<p>The first one highlights the company&rsquo;s leadership in digital services and advertising. Its cloud and video platforms serve as foundations of revenue development. Meanwhile, the second one offers a solid chance for stability and growth thanks to its diverse investment options and outstanding asset management performance. Further, the third company is at the vanguard of the pharmaceutical business. Strategic acquisitions and a solid pipeline reinforce this. The fourth one&rsquo;s emphasis on its calculated bets on expansion initiatives.</p>



<p>Moreover, the fifth one&rsquo;s smart acquisitions and effective capital deployment support its durability. Indeed, the sixth company&rsquo;s dedication to financial adaptability and efficiency highlights its capacity to overcome market obstacles. Finally, the seventh company&rsquo;s steady top-line growth and wide range of products help to reduce market volatility concerns.</p>



<p>These prospects have been chosen based on the company&rsquo;s demonstrated performance histories, creative approaches and focus on providing value despite economic challenges.</p>



<h2>Alphabet (GOOG,GOOG)</h2>



<a href="https://investorplace.com/wp-content/uploads/2024/03/alphabet_googl.png"><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/alphabet_googl-300x169.png" alt="Alphabet (GOOGL) - Quantum Computing Stocks to Buy"></a><p>Google Cloud, owned by <strong>Alphabet</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/goog-stock-quote/"><strong>GOOG</strong></a></span>, NASDAQ:<span><a href="https://investorplace.com/stock-quotes/googl-stock-quote/"><strong>GOOGL</strong></a></span>), is in high demand. In Q1 2024, the <a href="https://abc.xyz/assets/91/b3/3f9213d14ce3ae27e1038e01a0e0/2024q1-alphabet-earnings-release-pdf.pdf">top-line reached&nbsp;$9.6 billion</a>, up 28% year-over-year (<strong>YOY</strong>). Workspace productivity tools and expansion of Google Cloud Platform (<strong>GCP</strong>) infrastructure and solutions boost the company&rsquo;s cloud segment. Google Cloud&rsquo;s focus on using artificial intelligence (<strong>AI</strong>) capabilities to improve customer experiences and spur growth highlights Alphabet&rsquo;s lead in AI and cloud computing.</p>



<p>Additionally, with <a href="https://abc.xyz/assets/91/b3/3f9213d14ce3ae27e1038e01a0e0/2024q1-alphabet-earnings-release-pdf.pdf">advertising sales of $8.1 billion</a> in Q1 2024 and solid 21% YOY growth, YouTube remains a major source of revenue. Direct response and brand advertising are the main drivers of YouTube&rsquo;s growing advertising income. Also, the money made from YouTube subscribers, platforms and devices increased significantly, <a href="https://seekingalpha.com/article/4686483-alphabet-inc-goog-q1-2024-earnings-call-transcript">reaching $8.7 billion</a>, an&nbsp;18% YOY increase.&nbsp;</p>



<p>Overall, this expansion demonstrates Alphabet&rsquo;s fundamental ability to derive top-line from sources other than traditional advertising and monetize its video-sharing platform.</p>



<h2>T. Rowe Price (TROW)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/02/trow-stock-1-300x169.jpg" alt="T row price (TROW) logo magnified through a lens while displayed on a web browser"><div>Source: Pavel Kapysh / Shutterstock.com</div></div><p>In Q1 2024, <strong>T. Rowe Price&rsquo;s</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/trow-stock-quote/"><strong>TROW</strong></a></span>) total assets under management <a href="https://investors.troweprice.com/static-files/62dfea1d-5aa8-478c-b90c-f41319c77de5">(<strong>AUM</strong>) were at&nbsp;$1.54 trillion</a>, a considerable 15% YOY boost in Q1 2023. The increase reflects the company&rsquo;s ability to attract and retain investor capital. This&nbsp;reflects investor trust in the company&rsquo;s performance and investing plans.</p>



<p>Over one, three and five years, T. Rowe Price&rsquo;s multi-asset range (including managed payout funds and nearer-dated retirement funds) showed top-quartile performance. Furthermore, newly introduced retirement blend funds fared in the top quartile for one year. <a href="https://investors.troweprice.com/static-files/62dfea1d-5aa8-478c-b90c-f41319c77de5" target="_blank">Over 50%</a>&nbsp;of funds exceed the median for their peer group.&nbsp;</p>



<p>Moreover, there are three, five, and one-year time frames. Similarly, during one, three and five years, more than 50% of the company&rsquo;s fixed-income funds outperformed the median of their peer group. Finally, over the same periods, a number of&nbsp;<a href="https://seekingalpha.com/article/4686688-t-rowe-price-group-inc-trow-q1-2024-earnings-call-transcript">U.S. dollar-hedged&nbsp;foreign bond funds</a>, global multi-sector bonds, credit opportunities and fixed-income Muni Funds performed in the top third of their peer groups.</p>



<h2>Pfizer (PFE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/Pfe1600-300x169.jpg" alt="Here's How Pfizer Stock (and Pharma) Stand to Benefit From Mylan Deal. Best Biotech Stocks to Buy"><div>Source: Manuel Esteban / Shutterstock.com</div></div><p><strong>Pfizer</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/pfe-stock-quote/"><strong>PFE</strong></a></span>) has demonstrated its focus on generating growth by emphasizing five strategic initiatives. Those include establishing cancer leadership,&nbsp;<a href="https://s28.q4cdn.com/781576035/files/doc_financials/2023/q4/Q4-2023-PFE-Earnings-Release.pdf" target="_blank">pipeline innovation</a>, maximizing product performance and cost realignment. Aligning the cost base and streamlining commercial structures are two examples of operational efficiency projects that try to improve resource allocation and profitability.&nbsp;</p>



<p>Furthermore, Pfizer&rsquo;s focus on research and pipeline enrichment is reflected in its record-breaking year for regulatory approvals in 2023. Nine new molecular entities and indications for already-approved medications were approved this year. <a href="https://s28.q4cdn.com/781576035/files/doc_financials/2023/q4/Q4-2023-PFE-Earnings-Release.pdf" target="_blank">The acquisition of Seagen expanded Pfizer&rsquo;s portfolio and boosted</a>&nbsp;its cancer research capabilities. With that, the company aims to release possible blockbuster drugs by 2030.</p>



<p>Finally, Pfizer is ahead in product advancements thanks to its ongoing investment in research and development, demonstrated by regulatory<a href="https://s28.q4cdn.com/781576035/files/doc_financials/2023/q4/PFE-USQ_Transcript_2024-01-30-1.pdf" target="_blank">&nbsp;approvals</a>&nbsp;and sharp acquisitions. Hence, a solid pipeline supports a continuous flow of new products, retaining a competitive edge and fueling top-line growth.</p>



<h2>Exxon Mobil (XOM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/exxon-stock-1-300x169.jpg" alt="Exxon Retail Gas Location"><div>Source: Jonathan Weiss / Shutterstock.com</div></div><p>In Q1 2024, <strong>Exxon Mobil </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/xom-stock-quote/"><strong>XOM</strong></a></span>) made&nbsp;<a href="https://d1io3yog0oux5.cloudfront.net/_2ad256384151c4a7c2bb86443cf5cbcb/exxonmobil/db/2288/22249/earnings_release/1Q24+Earnings+Press+Release+Website.pdf" target="_blank">$5.8 billion</a>&nbsp;in CapEx, demonstrating its continued focus on funding growth efforts. In short, return potential&nbsp;is based&nbsp;on the company&rsquo;s&nbsp;major&nbsp;project investments. These include the expansion of the Beaumont refinery and expansions in Guyana. For instance, Guyana&rsquo;s sixth&nbsp;major&nbsp;development seeks to boost gross production capacity by around 250K barrels of oil equivalent per day by 2027.</p>



<p>Moreover, Exxon Mobil&rsquo;s massive CapEx spending reflects the company&rsquo;s aggressive pursuit of growth possibilities and enhancement of its operating capabilities. By investing in advantaged growth initiatives, the company may continue to use its competitive edge and set itself up for long-term sustainable growth.&nbsp;</p>



<p>Overall, Guyana-based strategic initiatives illustrate Exxon Mobil&rsquo;s focus on high-potential assets that can boost profits and cash flow in the future. Hence, Exxon Mobil&rsquo;s potential for fast expansion depends on&nbsp;<a href="https://d1io3yog0oux5.cloudfront.net/_2ad256384151c4a7c2bb86443cf5cbcb/exxonmobil/db/2404/22267/pdf/1Q24+Earnings+Preliminary+Prepared+Remarks.pdf" target="_blank">strategic investments</a>&nbsp;in advantaged growth initiatives.</p>



<h2>Walmart (WMT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/wmt-stock-9-300x169.jpg" alt="A photo of the Walmart (WMT) logo on the side of a truck."><div>Source: Sundry Photography / Shutterstock.com</div></div><p>With a focus on optimizing return on investment (<strong>ROI</strong>) and sharp capital allocation, <strong>Walmart</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/wmt-stock-quote/"><strong>WMT</strong></a></span>) has derived market value and sustained growth. The ROI for 2023 increased by&nbsp;<a href="https://s201.q4cdn.com/262069030/files/doc_earnings/2024/q4/earnings-result/Earnings-Release-2024-Q4.pdf" target="_blank">2.3% to 15%</a>, indicating a considerable improvement. It also speaks to Walmart&rsquo;s capacity to create greater returns from its invested capital. Indeed, it highlightes its strategic objectives&rsquo; efficacy and operational efficiency.</p>



<p>In addition, the company&rsquo;s CapEx for the year totaled&nbsp;<a href="https://s201.q4cdn.com/262069030/files/doc_earnings/2024/q4/earnings-result/Earnings-Release-2024-Q4.pdf" target="_blank">$20.6 billion</a>, or around 3% to 3.5% of revenues. These initiatives have focused on growing digital capabilities, retail remodels, supply chain change, and technology and innovation. Moreover, Walmart concentrates on strategic acquisitions, including the agreement to buy VIZIO. These aim to strengthen its position and propel expansion in&nbsp;important digital commerce and advertising markets.</p>



<p>To sum up, Walmart anticipates the transaction to be accretive to the internal rate of return (<strong>IRR</strong>) and provide higher returns than the anticipated ROI, notwithstanding the possibility that it could temporarily dilute EPS.</p>



<h2>British American Tobacco (BTI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/bti-stock-1-300x169.jpg" alt="British American Tobacco logo on a building"><div>Source: DutchMen / Shutterstock.com</div></div><p>Efforts are ongoing by <strong>British American Tobacco</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/bti-stock-quote/"><strong>BTI</strong></a></span>) to minimize expenses, produce savings and improve balance sheet flexibility. This&nbsp;shows the company&rsquo;s focus on financial flexibility and efficiency. With a continual improvement approach, the organization has a history of creating efficiency. And by 2025, the management hopes to save an extra&nbsp;<a href="https://www.bat.com/content/dam/batcom/global/main-nav/investors-and-reporting/results-centre/pdf/FY_2023_Announcement-2.pdf" target="_blank">&pound;1 billion</a>. British American Tobacco had savings of nearly &pound;500 million in 2023 alone, proving its proactive focus on cost control.</p>



<p>Additionally, British American Tobacco&rsquo;s is dedicated to reallocating resources to areas with greater returns. That is demonstrated by its focus on expansion of its geographic presence through calculated withdrawals from non-strategic sectors. Thus, BTI can&nbsp;<a href="https://www.bat.com/content/dam/batcom/global/main-nav/investors-and-reporting/results-centre/pdf/FY_2023_Announcement-2.pdf" target="_blank">optimize valuation</a>&nbsp;by redirecting resources toward areas with higher growth prospects and exiting markets with low opportunities for new category growth.</p>



<p>Lastly, with four years in a row of at least&nbsp;<a href="https://www.bat.com/content/dam/batcom/global/main-nav/investors-and-reporting/results-centre/pdf/FY_2023_Presentation_Transcript.pdf" target="_blank">100% operational</a>&nbsp;cash conversion, British American Tobacco&rsquo;s sharp free cash flow creation highlights its capacity to reward shareholders and maintain financial discipline. Hence, the company&rsquo;s long-term financial goals align with its progressive dividend growth and dedication to giving back surplus capital to shareholders, further increasing returns.</p>



<h2>AbbVie (ABBV)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/01/abbv1600-300x169.png" alt="Closeup of AbbVie (ABBV) building corporate office, an American biopharmaceutical company with its headquarters in Lake Bluff, Illinois, USA"><div>Source: Valeriya Zankovych / Shutterstock.com</div></div><p><strong>AbbVie&rsquo;s</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/abbv-stock-quote/"><strong>ABBV</strong></a></span>) revenue increase from<a href="https://investors.abbvie.com/news-releases/news-release-details/abbvie-reports-first-quarter-2024-financial-results" target="_blank">&nbsp;$18 billion to $55 billion</a>&nbsp;shows a steady, rising trend. This growth results from the company&rsquo;s successful product introductions, expansion initiatives and commercial strategy.&nbsp;</p>



<p>Moreover, ABBV&rsquo;s revenue increase is mainly attributable to its diverse product line, including Qulipta, Rinvoq, Venclexta, Vraylar, Ubrelvy and Skyrizi. Because of this diversity, AbbVie can reduce the&nbsp;risks associated&nbsp;with dependence on a particular product or market sector. Additionally, it allows the business to serve a broader range of therapeutic areas, meeting various patient requirements and market expectations.</p>



<p>Finally, despite obstacles like Humira&rsquo;s loss of exclusivity in the U.S., AbbVie has sustained top-line growth. The ability to overcome such obstacles is a testament to ABBV&rsquo;s operational expertise and strategic insight. The company has maintained top-line growth and reduced the negative effects of patent expirations on its&nbsp;<a href="https://seekingalpha.com/article/4686773-abbvie-inc-abbv-q1-2024-earnings-call-transcript" target="_blank">financial performance</a>&nbsp;by taking a proactive approach to market developments and implementing effective mitigation plans.</p>



<p><em>As of this writing, Yiannis Zourmpanos held long positions in GOOG, PFE, BTI and ABBV. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p>
<div><p>Yiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/7-safe-haven-stocks-that-can-withstand-the-markets-worst-meltdowns/">7 Safe Haven Stocks That Can Withstand the Market&#8217;s Worst Meltdowns</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Safe Haven Stocks That Can Withstand the Market's Worst Meltdowns

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Few investment strategies have performed as well for as long as dividend investing. Numerous studies show that buying stocks that have initiated a dividend and then increased it over time beat all other stocks on the market. That&rsquo;s why Dividend Aristocrat stocks are the cream of the crop.</p>



<p>To <a href="https://investorplace.com/2024/04/7-stocks-to-buy-on-the-brink-of-becoming-dividend-royalty/">become dividend ro</a><a href="https://investorplace.com/2024/04/7-stocks-to-buy-on-the-brink-of-becoming-dividend-royalty/https://investorplace.com/2024/04/7-stocks-to-buy-on-the-brink-of-becoming-dividend-royalty/">yalty</a>, companies need to be members of the <strong>S&amp;P 500</strong> and to have hiked their payout for 25 consecutive years or more. It would seem a relatively simple task but the rarity of it shows why these stocks are the elite. Of the thousands of stocks on the market, only 67 companies have passed the test.</p>



<p>While the list is always evolving as even some Dividend Aristocrat stocks have <a href="https://investorplace.com/2024/04/dividend-danger-zone-3-aristocrats-on-the-brink-of-a-payout-cut/">trouble maintaining the pace</a>, these companies tend to be profitable, successful businesses that have proven their worth over many business and economic cycles. They have been through war and famine, recessions and depressions, and continue to reward their shareholders by sharing their success.</p>



<p>The following seven Dividend Aristocrat stocks pay some of the highest yields, too. That&rsquo;s not always a good thing, as it could indicate issues. But let&rsquo;s take a closer look at these royals and see if they are worth an investment.</p>



<h2>Kenvue (KVUE)&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/kenvue-kvue-stock-1600-300x169.jpg" alt="Kenvue (KVUE) logo displayed on smartphone with company website in background"><div>Source: shutterstock.com/T. Schneider</div></div><p>One of the newest members of the club, <strong>Kenvue</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/kvue-stock-quote/"><strong>KVUE</strong></a></span>) inherited its Dividend Aristocrat membership card from its former parent, <strong>Johnson &amp; Johnson</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/jnj-stock-quote/"><strong>JNJ</strong></a></span>). The pharmaceutical stock spun off its slower-growing consumer products business so that it could more narrowly focus on its healthcare operations. The separation allows the market to better value the consumer products business on its own merits.</p>



<p>So far, that valuation <a href="https://investorplace.com/2024/04/3-dividend-kings-down-11-youll-regret-not-buying-on-the-dip/">hasn&rsquo;t been all that attractive</a>. Kenvue stock is down 12% in 2024 and 30% from when it began trading independently last year. The company is the world&rsquo;s largest pure-play consumer health products company with name brands such as <strong>Band-Aid</strong>, <strong>Listerine</strong> and <strong>Tylenol</strong> in its stable. It generates some $15 billion in annual sales.</p>



<p>Kenvue stock is down as it saw sales fall in the fourth quarter after discontinuing less popular product lines, seeing customers reduce inventories and experiencing softer-than-expected results from its skin health and beauty division. That <a href="https://investorplace.com/2024/04/kenvue-layoffs-2024-what-to-know-about-the-latest-neutrogena-job-cuts/">led to layoffs</a> in the <strong>Neutrogena</strong> business.</p>



<p>With product rationalization behind it and an ability to pass on costs to consumers in an inflationary environment, Kenvue remains well-positioned to grow. Its quarterly dividend of 20 cents per share yields 4.2% annually.</p>



<h2>Federal Realty Investment Trust (FRT)&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/reit1600b-300x169.jpg" alt="Image of a man holding a key chain with a key and house attached to the key ring over a office desk in the background"><div>Source: Shutterstock</div></div><p><strong>Federal Realty Investment Trust</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/frt-stock-quote/"><strong>FRT</strong></a></span>) is one of the oldest real estate investment trusts (<span>REIT</span>) in the U.S. It also has the longest track record of any REIT for dividend increases. Federal Realty has increased its payout for 56 consecutive years and the dividend yields 4.3% annually.</p>



<p>Shares of the REIT are essentially flat in 2024 though they are up 20% from their 52-week low. Because Federal Realty Trust focuses on retail properties, typically along both coasts, it is sensitive to interest rate increases. Inflation&rsquo;s <a href="https://investorplace.com/2024/04/inflation-is-not-going-away-2-stocks-that-will-thrive-1-that-will-dive/">refusal to go away</a> may now cause the Federal Reserve to delay cutting rates, which would continue serving as a drag on the REIT&rsquo;s performance. Still, many of its properties are in defensive industries like grocery stores and pharmacies that ought to mitigate the worst impact of rising costs.</p>



<p>The other feature of Federal Realty&rsquo;s portfolio is its position in markets with high barriers to entry, such as New York, Boston and San Francisco. But they also exhibit high demand. Because only 10% of its residential properties have tenants whose demographics have customers under $75,000 in annual income, FRT can absorb a recession without negatively impacting its business. This REIT should weather any storm.</p>



<h2>T. Rowe Price (TROW)&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/02/trow-stock-1-300x169.jpg" alt="T row price (TROW) logo magnified through a lens while displayed on a web browser"><div>Source: Pavel Kapysh / Shutterstock.com</div></div><p>Global money management firm <strong>T. Rowe Price</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/trow-stock-quote/"><strong>TROW</strong></a></span>) has been an investor favorite for years as it has a 37-year history of raising its payout, which stands at 4.3% annually.&nbsp;</p>



<p>The stock has fluctuated over time as it suffered from cash outflows from its funds. However, assets under management (<span>AUM</span>) grew to $1.5 trillion in the latest quarter and net outflows of $8 billion during the period were <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1113169/000111316924000011/trow-20240426.htm">about half of what they were</a> last year. With fewer redemptions and higher sales, business is improving significantly for T. Rowe Price.</p>



<p>Over the past decade, the financial stock has increased its dividend at a healthy 10.9% compounded annual growth rate (<span>CAGR</span>), which explains its popularity. While the shaky economy had many investors worried it would continue to see net outflows of funds, confidence has returned and T. Rowe Price&rsquo;s dividend is certainly secure.&nbsp;</p>



<h2>Franklin Resources (BEN)&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/09/ben-stock-1-300x169.jpg" alt="A magnifying glass zooms in on the website for Franklin Resources (BEN)."><div>Source: Pavel Kapysh / Shutterstock.com</div></div><p>Another financial stock, <strong>Franklin Resources</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/ben-stock-quote/"><strong>BEN</strong></a></span>) is also <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/38777/000003877724000005/ben-20240129.htm">seeing increases in AUM</a>, with totals hitting $1.45 trillion. Its outflows also declined to $5 billion.&nbsp;</p>



<p>Better known by the Franklin Templeton family of funds it owns, Franklin Resources is subject to many of the same market forces as its peers. Rising markets cause an influx in AUM while declining ones cause assets to fall. That volatility has led the money manager to increasingly pursue private market investments, which are less susceptible to fluctuation.</p>



<p>Over the years Franklin Resources made numerous acquisitions in the space that has sharpened its presence in the private investment field. Among them were <strong>Benefit Street Partners</strong>, <strong>Clarion Partners</strong>, and <strong>Lexington Partners</strong>. The latter tends to buy positions in private equity funds. All three alternative managers, though, <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/38777/000003877724000005/ben-20240129.htm">saw robust growth in the first quarter</a> with combined net inflows totaling $3.8 billion. It promises to be an avenue of significant growth that will support Franklin Resources&rsquo; dividend that yields 5%.</p>



<h2>Amcor (AMCR)&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/03/bottle-packaging-amcor-amcr-1600-300x169.jpg" alt="green beer bottles in a factory line, ready to be sealed. represents packaging companie"><div>Source: shutterstock.com/zedspider</div></div><p>Food and beverage packaging giant <strong>Amcor</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/amcr-stock-quote/"><strong>AMCR</strong></a></span>) is another victim of government policies affecting inflation and interest rates. Shares are down 7% this year and 16% over the last 12 months as consumer spending was rattled by rising costs and prices. Still, food and beverages are also a defensive industry because we all need to eat and drink.&nbsp;</p>



<p>Yet Amcor was <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1748790/000174879024000004/amcr-20240206.htm">surprised by lower than expected volumes</a> in the most recent quarter as its customers chose to draw down inventories instead of buying more. That could have been on the hope better conditions would materialize, which doesn&rsquo;t appear to be happening now. It likely explains why Amcor started to see business turn up again earlier this year and it expects momentum to continue growing going forward.</p>



<p>Like Kenvue, Amcor had a sort of <a href="https://investorplace.com/2024/04/from-spare-change-to-stock-market-gains-3-stocks-to-buy-with-your-last-10/">backdoor entry</a> into the Dividend Aristocrat club. It acquired <strong>Bemis</strong> in 2019, which had been an Aristocrat since 2008 (Bemis had paid a dividend every year since 1922). The dividend, though, yields 5.6% annually. It has a 10-year CAGR of increases of just 2.4%, which means that with the ravages of inflation, investors are actually getting less in dividend payments than they were previously.</p>



<h2>Realty Income (O) </h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/realty1600-300x169.jpg" alt="realty income logo highlighted by a magnifying glass on a web browser"><div>Source: Shutterstock</div></div><p>Another REIT on the list, <strong>Realty Income</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/o-stock-quote/"><strong>O</strong></a></span>) is more unique because it pays its dividend monthly. In fact, it calls itself &ldquo;The Monthly Dividend Company.&rdquo; While dozens of REITs now pay dividends monthly, it was among the first to do so. The REIT notes that since its founding in 1969, it has made 646 consecutive monthly dividends. More importantly, it has increased the payout an amazing 124 times since listing on the <strong>NYSE</strong> in 1994 and has hiked the dividend for 109 straight quarters. Over the past decade, the payout has risen at a 7.7% CAGR. The dividend yields 5.8%.</p>



<p>Realty Income&nbsp;has a portfolio of over 15,450 properties with over 272 million square feet of mostly retail space. Grocery stores are the largest tenants in its properties with <strong>Walmart</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/wmt-stock-quote/"><strong>WMT</strong></a></span>), <strong>Kroger</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/kr-stock-quote/"><strong>KR</strong></a></span>) and <strong>Costco</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/cost-stock-quote/"><strong>COST</strong></a></span>) being the top three. Convenience stores and dollar stores are the next two largest sectors, and all of them provide resistance to recessionary pressures.</p>



<h2>3M (MMM) </h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/mmm1600g-300x169.jpg" alt="3M logo on top of a corporate building. MMM stock"><div>Source: JPstock / Shutterstock.com</div></div><p>The highest yielding Dividend Aristocrat stock is industrial conglomerate <strong>3M</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/mmm-stock-quote/"><strong>MMM</strong></a></span>) whose payout yields 6.4% annually. It is often pointed to as the royalist <a href="https://investorplace.com/2023/10/get-paid-to-invest-3-dividend-stocks-to-buy-for-income/">most likely to cut</a> its payout next.</p>



<p>Facing billions of dollars in legal liabilities from lawsuits surrounding faulty earplugs for the military as so-called &ldquo;forever chemicals&rdquo; <a href="https://investorplace.com/2023/12/3-of-the-highest-yielding-dogs-of-the-dow-to-buy-for-2024/">polluting drinking water</a>, the dividend stock could see all available cash flows sucked dry by the payments. Almost three-quarters of 3M&rsquo;s free cash flow goes to support the dividend, which it has paid for over 100 years and increased for 64 consecutive years. It just raised it again to $1.51 per share, but because it was by just a penny, it also means investors are receiving less money overall due to inflation.</p>



<p>The industrial conglomerate&rsquo;s performance improved at the end of last year and its stock has bounced nearly 30% off its lows. If it could settle the legal liabilities without gutting its bank account, there may be a chance for a significant turnaround for this Dividend Aristocrat stock.</p>



<p><em>On the date of publication, Rich Duprey held a LONG position in JNJ, BEN, AMCR, O and MMM stock. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p>
<div><p>Rich Duprey has written about stocks and investing for the past 20 years. His articles have appeared on Nasdaq.com, The Motley Fool, and Yahoo! Finance, and he has been referenced by U.S. and international publications, including MarketWatch, Financial Times, Forbes, Fast Company, USA Today, Milwaukee Journal Sentinel, Cheddar News, The Boston Globe, L&rsquo;Express, and numerous other news outlets.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/7-dividend-aristocrats-paying-sky-high-yields-april-2024/">7 Dividend Aristocrats Paying Sky-High Yields: April 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Dividend Aristocrats Paying Sky-High Yields: April 2024

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T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR FEBRUARY 2024

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T. Rowe Price Gr Stock (NASDAQ:TROW), Short Interest Report

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