T. Rowe Price (TROW)
Financials · NASDAQ · US
Price as at 1 Oct 2026, 02:56 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
T. Rowe Price trades at $104.05, which is 26% below the $130.95 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 76 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 12.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
TROW dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $1.30 | 1 |
| 2025 | $5.08 | 4 |
| 2024 | $4.96 | 4 |
| 2023 | $4.88 | 4 |
| 2022 | $4.80 | 4 |
| 2021 | $7.32 | 5 |
| 2020 | $3.60 | 4 |
| 2019 | $3.04 | 4 |
| 2018 | $2.80 | 4 |
| 2017 | $2.28 | 4 |
| 2016 | $2.16 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
TROW earnings and analyst estimates
Recommendation mix, 13 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About T. Rowe Price
T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in North America, Europe, Asia, Australia.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
TROW passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
15 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Two Sigma, TWO SIGMA INVESTMENTS, LP$81.57M · 0.1% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$70.33M · 0.0% of book
- Ken Fisher, Fisher Asset Management, LLC$45.11M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$39.29M · 0.0% of book
- Thomas Gayner, MARKEL GROUP INC.$35.70M · 0.3% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in TROW
Trades in TROW disclosed by members of Congress and executive-branch officials, latest first:
- Donald J Trump · Executive branchSell · $15,001 - $50,000 · traded 27 Apr 2026 · disclosed 1 Jul 2026
- Donald J Trump · Executive branchSell · $50,001 - $100,000 · traded 8 Jul 2024 · disclosed 22 Sept 2026
- Gary Palmer · HouseBuy · $1,001 - $15,000 · traded 8 Jan 2018 · disclosed 29 Sept 2018
- Carlos Curbelo · HouseSell · $1,001 - $15,000 · traded 10 Jul 2017 · disclosed 13 Jul 2017
- Carlos Curbelo · HouseSell · $1,001 - $15,000 · traded 10 Jul 2017 · disclosed 21 Aug 2017
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
TROW peers
The largest companies in the same industry, then in the same sector.
- INVE-B.ST Investor AB
- BRK-B Berkshire Hathaway Inc.
- JPM JPMorgan Chase & Co.
- V Visa Inc.
- DNB.OL DNB Bank
- MA Mastercard Inc.
- SEB-A.ST SEB
- 601398.SS ICBC
Every financials company we cover is on the Financials hub.
Common questions
Is T. Rowe Price (TROW) undervalued?
Against our fair value estimate of $130.95, TROW at $104.05 is 26% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own TROW?
15 of the institutions we track reported a position in TROW in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is TROW's P/E ratio?
TROW trades at 12.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does T. Rowe Price (TROW) pay a dividend?
Yes. T. Rowe Price yields 4.44% at the current share price. It has paid $2.57 per share over the trailing twelve months. It has paid a dividend in each of the last 40 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its TROW data?
Fundamentals for TROW come from company filings and exchange data, as listed on NASDAQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 02:56 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for TROW, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.