BlackRock Reports 10.1% Stake in T. Rowe Price

T. Rowe Price Group, Inc. ownership filing shows BlackRock, Inc. beneficially owns 21,957,917 shares of common stock, representing 10.1% of the class as of 03/31/2026.

Rhea-AI Filing Summary

T. Rowe Price Group, Inc. ownership filing shows BlackRock, Inc. beneficially owns 21,957,917 shares of common stock, representing 10.1% of the class as of 03/31/2026. The filing reports sole voting power for 20,494,650 shares and sole dispositive power for 21,957,917 shares.

The Schedule 13G names the reporting business units of BlackRock and includes standard disclosures about third‑party beneficial interests; signature is by Spencer Fleming, Managing Director, dated 04/07/2026.

Insights

Institutional Ownership Analyst

BlackRock reports a >10% stake in T. Rowe Price Group.

BlackRock's Schedule 13G lists a beneficial ownership of 21,957,917 shares (10.1%) as of 03/31/2026. This filing signals a large passive position by an investment manager rather than an active acquisition statement.

Future filings could show changes in voting or disposition if holdings cross regulatory thresholds or if BlackRock reclassifies its intent; current disclosures identify sole voting and dispositive powers in the stated amounts.

Securities Compliance Counsel

Schedule 13G disclosure is routine for passive institutional holdings.

The form follows the Release No. 34-39538 framework by aggregating Reporting Business Units and discloses voting and dispositive powers for the reported shares. The filing includes required Item 6 language about other persons receiving dividends or proceeds.

Signatory and exhibit references (Exhibit 24 and Exhibit 99) are present; any material change in ownership or intent would require amendment under securities rules.

Key Figures

Beneficially owned shares: 21,957,917 shares Percent of class: 10.1% Sole voting power: 20,494,650 shares

3 metrics

Beneficially owned shares 21,957,917 shares Amount beneficially owned as of 03/31/2026

Percent of class 10.1% Percent of common stock class as of 03/31/2026

Sole voting power 20,494,650 shares Shares for which BlackRock has sole power to vote

Key Terms

Schedule 13G, beneficial ownership, sole dispositive power

3 terms

Schedule 13G regulatory

"In accordance with SEC Release No. 34-39538 (January 12, 1998)"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

beneficial ownership financial

"Amount beneficially owned: 21957917"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

sole dispositive power regulatory

"Sole power to dispose or to direct the disposition of: 21957917"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake does BlackRock report in T. Rowe Price Group (TROW)?

BlackRock reports beneficial ownership of 21,957,917 shares, equal to 10.1% of T. Rowe Price Group's common stock as of 03/31/2026. The filing lists sole voting power for 20,494,650 shares.

Does the Schedule 13G filed by BlackRock indicate active control of TROW?

No. A Schedule 13G typically indicates a passive institutional stake. The filing discloses voting and dispositive powers but does not state activist intent or plans to change control or corporate policy.

Who signed the BlackRock Schedule 13G for TROW and when?

The filing is signed by Spencer Fleming, Managing Director, with the signature date shown as 04/07/2026, following the beneficial ownership report dated 03/31/2026.

What voting and dispositive powers does BlackRock report for TROW shares?

BlackRock reports sole voting power for 20,494,650 shares, shared voting power of 0, and sole dispositive power for 21,957,917 shares as disclosed on the form.

Are other persons known to have rights to dividends or proceeds for the reported TROW shares?

The filing states various persons may have rights to dividends or proceeds, but no single person's interest exceeds 5%; a listing of such shareholders is not provided under Item 6 rules for certain accounts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/07/2026 - 12:39 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

T. Rowe Price Group, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

74144T108

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 74144T108

1

Names of Reporting Persons

BlackRock, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 20,494,650.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 21,957,917.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

21,957,917.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.1 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: T. Rowe Price Group, Inc.
(b)	Address of issuer's principal executive offices: 1307 Point Street BALTIMORE MD 21231
Item 2.
(a)	Name of person filing: BlackRock, Inc. In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)	Address or principal business office or, if none, residence: BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 74144T108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 21957917
(b)	Percent of class: 10.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 20494650
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 21957917
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of T. Rowe Price Group, Inc.. No one person's interest in the common stock of T. Rowe Price Group, Inc. is more than five percent of the total outstanding common shares.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BlackRock, Inc.

Signature:	Spencer Fleming
Name/Title:	Managing Director
Date:	04/07/2026

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7