TROW surges to 412th in trading volume with $421 million turnover

On April 9, 2025, T. Rowe Price Group Inc. (TROW) saw a significant increase in trading volume, with a turnover of $421 million, marking a 72.05% rise from the previous day. This surge placed TROW at the 412th position in terms of trading volume for the day, reflecting heightened investor interest in the company's stock.

Wells Fargo has reduced its price target for T. Rowe Price Group Inc. (TROW) from $116 to $98. This adjustment comes as the company continues to navigate market dynamics and investor sentiment.

T. Rowe Price reported a revenue of $1.82 billion for the quarter ending December 31, 2024, representing a 2.18% increase. This brings the company's revenue for the last twelve months to $7.09 billion, reflecting a 2.64% decrease. In the fiscal year ending December 31, 2024, T. Rowe Price achieved an annual revenue of $7.09 billion, with a growth rate of 9.80%.