TROW
T. Rowe Price Group, Inc.103.92
+0.30+0.29%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Q4 flows soften on redemptions
Q&A flagged softer Q4 flows, with October mirroring August's equity redemption surge from rebalancing and passive gains, while institutional pipelines softened—yet gross sales climbed across channels. Management shared balanced economics for the Goldman Sachs tie-up, fast-tracking launches like model portfolios by year-end, and disclosed a multi-token crypto ETP filing amid adviser demand. ETF traction accelerates with eight new active filings, including core strategies, and ambitions dwarfing a mere couple billion AUM in three years. Performance lags in narrow markets prompt stock picks review and PM changes. Q4 looks weaker. Expense cuts fund ETF, alts, and AI pushes; watch growth offsets to equity woes.
Key Stats
Market Cap
22.83BP/E (TTM)
11.33Basic EPS (TTM)
9.17Dividend Yield
0.05%Recent Filings
8-K
10-Q
8-K
8-K
T. Rowe Price adds two directors
T. Rowe Price Group expanded its board from 11 to 13 directors on October 13, 2025, electing independent directors Allan Golston, president of the Gates Foundation's U.S. program with finance and global health expertise, and Richard Verma, Mastercard's chief administrative officer and former U.S. ambassador to India, who returns after serving from 2018 to 2023. Golston joins the Audit and Executive Compensation committees; Verma, the Nominating and Executive Compensation committees. Their insights in finance, policy, and international affairs will guide growth. Board refreshment bolsters strategic oversight.
8-K
Strategic collaboration announced
T. Rowe Price announced a strategic collaboration with Goldman Sachs on September 4, 2025, to develop diversified public-private investment solutions for retirement and wealth investors. Goldman Sachs plans open-market purchases of up to $1 billion in T. Rowe Price stock, targeting 3.5% ownership. Key initiatives include co-branded target-date strategies launching mid-2026, model portfolios, and multi-asset offerings blending private equity, credit, and infrastructure. This partnership bolsters access to private markets while leveraging combined expertise.
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