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Wall Street Analysts Say Sell on This Stock. Here's Why They're Wrong.
You will have a hard time finding a better dividend stock.
For a pure play asset management firm like T. Rowe Price (TROW +1.56%), its fortunes are going to largely be tied to the fluctuations of the stock market.
When stocks are up and markets are rising, T. Rowe Price is going to do well, because its fees are primarily tied to assets under management in their institutional separate accounts, mutual funds, and exchange-traded funds (ETFs). When markets are up, there's typically more funding flow into its funds, because investors often chase returns. This also serves to raise asset levels, fees, and revenue.
T. Rowe Price (TROW) Reports $1.71T AUM for March as Assets Decline Month over Month
T. Rowe Price Group, Inc. (NASDAQ:TROW) is included among the 14 Value Stocks with Highest Dividends.
On April 13, T. Rowe Price Group, Inc. (NASDAQ:TROW) announced that its assets under management at the end of March stood at $1.71 trillion, down from $1.80 trillion at the end of the prior month. Net outflows came in at $3.2 billion for March, compared to $5.3 billion in the previous month. By asset class, Equity accounted for $810 billion in AUM as of March 31. Fixed income, including money market, stood at $215 billion. Multi-asset totaled $625 billion, while Alternatives came in at $60 billion.
In another update, on April 10, BMO Capital Markets lowered its price recommendation on TROW to $98 from $104. It reiterated a Market Perform rating on the shares. The firm said its negative EPS revisions across the group mainly reflect broader market headwinds that became more noticeable in March, according to a research note.
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T. Rowe Price Assets Drop to 1.7 Trillion Dollars Amid Market Pullback
T. Rowe Price Group, Inc. announced on Monday, April 13, 2026, that its assets under management (AUM) fell to $1.71 trillion at the end of March. This figure represents a decline from $1.80 trillion recorded at the end of February 2026.
The Baltimore-based asset manager attributed the contraction to broader equity market pressure as the S&P 500 Index dropped 5.09% throughout March. Despite the decline in total assets, the firm reported that net outflows narrowed to $3.2 billion in March, compared to $5.3 billion in February.
Equities remain the largest segment for T. Rowe Price, totaling $810 billion at the end of the month. Multi-asset strategies accounted for $625 billion, while fixed income and money market assets reached $215 billion, and alternatives contributed $60 billion.
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