T Rowe Price Grp Stock Price, News & Analysis

T. Rowe Price Group (NASDAQ-GS: TROW) reported preliminary assets under management (AUM) of $1.65 trillion as of January 31, 2025. The firm experienced net outflows of $2.1 billion during January 2025.

The AUM breakdown shows: Equity at $854 billion (up from $830 billion), Fixed income including money market at $190 billion (up from $188 billion), Multi-asset at $553 billion (up from $536 billion), and Alternatives steady at $53 billion. Target date retirement portfolios increased to $492 billion from $476 billion at year-end 2024.

T. Rowe Price Group (NASDAQ-GS: TROW) has announced a quarterly dividend increase to $1.27 per share, up 2.42% from the previous $1.24 per share. The dividend will be payable on March 28, 2025, to stockholders of record as of March 14, 2025. This marks the company's 39th consecutive year of increasing its regular annual dividend since its initial public offering, demonstrating a consistent track record of returning value to shareholders.

Oak Hill Advisors (OHA) has acted as Administrative Agent and Joint Lead Arranger for a private unitranche facility supporting Berkshire Partners' acquisition of Triumvirate Environmental. The financing package includes a unitranche term loan, delayed draw term loan, and revolver.

Triumvirate Environmental is a specialized commercial waste management and environmental services provider serving life sciences, healthcare, education, and industrial markets. OHA's existing relationship with Berkshire Partners, combined with their financing flexibility and structuring expertise, enabled them to quickly evaluate the opportunity and provide a customized financing solution.

T. Rowe Price Group (NASDAQ-GS: TROW) has announced it will present its fourth quarter and full year 2024 financial results. The company will host a webcast on February 5, 2025, from 8:00 to 8:45 AM Eastern Time, featuring Chair, CEO, and President Rob Sharps, CFO Jen Dardis, and Head of Global Investments Eric Veiel.

The executives will provide updates on business performance, review financial results, and participate in a Q&A session. The earnings release is available on the company's website, and supplemental materials will be accessible on the investor relations website before the call. A replay of the webcast will be made available afterward.

T. Rowe Price (NASDAQ-GS: TROW), Oak Hill Advisors (OHA), and Aspida Holdings announced a strategic partnership to support their business growth. T. Rowe Price and OHA will manage certain Aspida public and private assets, and the partners will explore product development initiatives. T. Rowe Price is already a minority investor in Aspida.

Aspida, launched in 2020, has grown to over $19 billion in total assets as of September 30, 2024. The company provides retirement and reinsurance solutions through its technology platform and is supported by Ares Insurance Solutions (AIS). Ares recently raised over $3 billion in total capital to support Aspida's growth.

T. Rowe Price, serving insurance companies since 1985, manages $1.6 trillion in assets, including over $1 trillion in retirement-related assets. The partnership aims to leverage T. Rowe Price and OHA's capabilities to provide diversified investment strategies to insurance companies.

T. Rowe Price (TROW) has appointed Jeff Helsing as Institutional Business Development Executive for Fixed Income, a newly created position. Helsing will report to Doug Greenstein, Head of US Institutional Business Development, and work closely with Chris Tarui, Head of US Consultant Relations and OCIO, as well as Americas relationship managers.

Helsing brings nearly 25 years of industry experience, previously serving as Senior Product Manager at Western Asset Management and spending 20 years at PIMCO in Portfolio Specialist and Portfolio Manager roles. He will be responsible for working with institutional investors to deliver fixed income solutions, collaborating across sales, client service, consultant relations, investments, and product teams, including Oak Hill Advisors.

T. Rowe Price (TROW) has announced the launch of a new feature for their investment podcast 'The Angle', focusing on executive leadership interviews. The podcast, hosted by Eric Veiel, head of Global Investments and CIO, will feature conversations with CEOs and C-suite executives who will share personal stories, leadership strategies, and career lessons.

The inaugural episode features H. Lawrence Culp, Jr., chairman and CEO of GE Aerospace. The podcast aims to provide listeners with insights into leadership in today's business environment while showcasing the human side of executive management.

'The Angle' is available on Spotify and Apple Podcasts, joining T. Rowe Price's other podcast series 'CONFIDENT CONVERSATIONS® on Retirement', which launched its fourth season in November 2024.

T. Rowe Price held its annual U.S. Retirement Market Outlook press briefing, presenting key insights for the 2025 retirement landscape. The event, led by Michael Davis, head of global retirement strategy, featured expert discussions on major industry trends and challenges.

Key focus areas included the evolution of Qualified Default Investment Alternatives (QDIAs) using target date strategies, growing interest in retirement income solutions, expansion of emergency savings programs, and expected Congressional efforts to increase retirement plan coverage and options.

The panel emphasized the importance of adapting to policy, demographic, and technological changes to deliver innovative retirement solutions. The discussion highlighted the industry's focus on keeping participants in-plan while offering diverse solutions and balancing near-term financial needs with long-term retirement outcomes.

T. Rowe Price Group (NASDAQ-GS: TROW) reported preliminary assets under management of $1.61 trillion as of December 31, 2024. The company experienced net outflows of $10.9 billion for December 2024, $19.3 billion for Q4 2024, and $43.2 billion for the year. The quarterly flows include a previously disclosed subadvisory redemption and $0.8 billion of Manager-driven distributions.

Asset breakdown shows: Equity at $830 billion, Fixed income including money market at $188 billion, Multi-asset at $536 billion, and Alternatives at $53 billion. Target date retirement portfolios stood at $476 billion. The company will release Q4 2024 earnings on February 5, 2025.