- Assets under Management: T. Rowe’s assets under management (AUM) increased to $1.54 trillion.
- Year-over-Year Growth: This represents a 14% growth compared to the same period last year, where AUM was $1.35 trillion.
- Net Inflows: In May 2024 alone, preliminary net inflows were $6.7 billion.
- Institutional Inflow: A significant portion of these inflows came from a large institutional fixed income source.
- Shares Performance: T. Rowe’s shares rose by 4.8% to $120.01, with 82,392 shares traded.
- Analyst Recommendations: There are currently 0 buy ratings, 10 hold ratings, and 5 sell ratings for the stock.
A look at T. Rowe Price Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, T. Rowe Price Group shows promising long-term potential. With solid scores in Dividend and Resilience, the company demonstrates stability and a commitment to returning value to investors. Its Growth score suggests a steady upward trajectory, while the Value score indicates a reasonable valuation in the market. Although Momentum is slightly lower, the overall outlook for T. Rowe Price Group seems positive, supported by its strong fundamentals.
T. Rowe Price Group Inc., a financial services holding company, stands out as a reliable choice for investors seeking investment advisory services. Managing a diverse range of investment portfolios, including stocks, bonds, and money market funds, the company caters to both individual and institutional investors. With competitive scores across various factors, T. Rowe Price Group reaffirms its position as a trusted partner in the ever-evolving financial landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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