TROW

Analyst Predictions: Goldman Sachs analyst Alexander Blostein forecasts a decline in EPS for Capital Markets stocks due to macroeconomic uncertainties, volatile markets, and lower short-term interest rates, with estimates for 2025 being approximately 5% below consensus.

Sector Performance: While Brookfield Asset Management is expected to remain resilient, other firms like TPG and KKR may need further EPS revisions; Brokers and Wealth Advisors face an average 4% downside, with mixed performances from companies such as Charles Schwab and Stifel Financial.

Appointment Announcement: Ingersoll Rand Inc. has appointed Michelle Swanenburg, currently the head of HR at T. Rowe Price, to its Board of Directors, effective immediately, bringing over twenty years of HR leadership experience.

Company Vision: The CEO of Ingersoll Rand emphasized that Swanenburg's expertise in human capital management will be crucial for enhancing workforce experiences as the company continues to grow and focus on its strategic imperative of talent deployment.

Impact of Tariffs on Asian Economies: President Trump's new tariffs target rapidly growing Asian economies, particularly affecting Vietnam, which is crucial to global supply chains.

Specific Tariff Rates: The U.S. will implement a 10% general tariff on imports, with higher rates for countries deemed "bad actors," including Vietnam (46%), Thailand (36%), Indonesia (32%), and Malaysia (24%).

Launch of New Tools: T. Rowe Price has introduced the Social Security Analyzer (SSAnalyzer™) and "The Power of Social Security" program to assist financial advisors in optimizing retirement income planning by providing personalized strategies and educational resources.

Addressing Knowledge Gaps: These initiatives aim to address the widespread confusion among retirement savers regarding Social Security benefits, enhancing advisors' ability to guide clients towards better retirement outcomes.

Real-time Market Intelligence: Benzinga Pro offers the fastest and most accurate stock market alerts, helping traders stay informed and make winning trades daily.

Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, gaining access to exclusive stories and insights from Benzinga reporters.

Momentum Investing: This investment strategy is surprisingly effective over the long term, despite its simplicity and ease of implementation.

Understanding Performance: The article highlights the perplexity surrounding why such straightforward strategies can yield significant returns in the financial markets.

Company Overview: Northern Trust Corporation, a large-cap holding company based in Chicago, provides wealth management and asset servicing solutions with a market cap of $19.9 billion. The stock has shown strong performance over the past year, with an 18.4% increase, despite a recent dip below its 50-day moving average.

Recent Performance and Analyst Outlook: Following impressive Q4 results that exceeded expectations, NTRS stock rose by 2%, but analysts maintain a cautious stance with a consensus rating of "Hold" and a mean price target suggesting a potential upside of 15.6%.

Contrarian Investment Opportunities: A recent analysis highlights that some of the most undervalued S&P 500 stocks, which have high 'Sell' ratings from analysts, are outperforming popular stocks, suggesting that contrarian investments may yield better returns in 2025.

Performance Comparison: While stocks with high 'Buy' ratings have generally underperformed, the 'Sell-rated' stocks have shown a positive return of 3.89% year-to-date, contrasting sharply with the -4.44% return of the favored stocks, indicating that analyst sentiment does not always correlate with stock performance.

Company Overview: Principal Financial Group, Inc. is a major global financial services company with a market cap of $18.8 billion, specializing in retirement, insurance, and asset management solutions, currently trading 7.3% below its two-year high.

Stock Performance: Despite a recent surge in stock prices and strong quarterly revenue growth, PFG has underperformed the financial sector over the long term, with analysts maintaining a cautious "Hold" rating and a modest price target reflecting limited upside potential.

T. Rowe Price Stock Performance: T. Rowe Price (TROW) closed at $92.83, down 0.23%, and has seen a significant decline of 14.24% over the past month, underperforming compared to the Finance sector and S&P 500.

Earnings Projections and Analyst Estimates: The upcoming earnings report is expected to show a drop in EPS by 9.66% year-over-year, with revenue projected to rise slightly; T. Rowe Price currently holds a Zacks Rank of #4 (Sell), indicating analyst pessimism regarding its near-term performance.

Company Overview: T. Rowe Price Group, Inc. is a large-cap investment manager with a market cap of $20.9 billion, known for its disciplined approach and diversified product portfolio, but has seen significant declines in stock performance over the past year compared to industry benchmarks.

Recent Performance Issues: The company reported weaker-than-expected Q4 results, leading to a 4.2% drop in shares, and analysts maintain a "Moderate Sell" rating with a price target suggesting limited upside potential, reflecting concerns about its declining assets under management and overall market competitiveness.

T. Rowe Price Assets Under Management: As of February 28, 2025, T. Rowe Price reported preliminary assets under management of $1.63 trillion, with a net outflow of $4.7 billion for the month of February.

Investment Portfolio Breakdown: The firm's asset management includes $827 billion in equity, $192 billion in fixed income, $555 billion in multi-asset, and $53 billion in alternatives, with approximately two-thirds of the total assets being retirement-related.

T. Rowe Price AUM Decline: T. Rowe Price Group reported a 1.4% decrease in assets under management to $1.63 trillion in February, attributed to net outflows of $4.7 billion and negative market returns, with the S&P 500 also dipping by 1.4%.

Performance and Dividend Update: Despite the decline in AUM, T. Rowe Price shares rose by 1.5% in premarket trading, and the company announced a 2.4% increase in its dividend to $1.27.

Market Correction and Investment Opportunities: The Nasdaq Composite has fallen over 10%, entering correction territory, prompting investors to view this as a buying opportunity for dividend-paying stocks like Broadcom, PepsiCo, and T. Rowe Price.

Dividend Growth Potential: Each of these companies has a strong track record of increasing dividends, with Broadcom showing significant growth potential due to AI demand, PepsiCo maintaining its status as a Dividend King, and T. Rowe Price benefiting from rising assets under management despite recent stock declines.

Dividend Stocks at 52-Week Lows: Several dividend stocks are trading near their 52-week lows this week, with ten of them approaching their ex-dividend dates, making them potential investment opportunities for buyers looking to benefit from upcoming payouts.

List of Stocks: The highlighted stocks include CRI, SHOO, OC, ECC, CRWS, TROW, SEE, LEG, FIP, and UTMD, which can be purchased at discounted prices before their respective ex-dividend dates.

Dividend Predictability: Dividend amounts can be unpredictable and are influenced by a company's profitability, with T. Rowe Price Group Inc (TROW) showing a history of consistent dividend growth for over 20 years.

Investment Insights: Investors can assess the likelihood of continued dividends and potential yields by reviewing TROW's historical performance, alongside resources like the Dividend Aristocrats List for other dividend growth stocks.

Union Leader's Concerns: Randi Weingarten, president of the American Federation of Teachers, urged major asset managers to reassess Tesla's valuation due to a 30% drop in its stock this year, expressing worries about the impact on pension portfolios.

Tesla's Market Challenges: Tesla's market capitalization fell below $1 trillion for the first time since November, attributed to declining sales in Europe and increased competition for EV chargers, while Weingarten highlighted potential political influences affecting asset managers' decisions.

Morgan Stanley's Price Target Adjustment: Morgan Stanley has reduced its price target for T. Rowe Price (TROW) from $126 to $121 while maintaining an Equal Weight rating, citing increased operating expenses and lower management fee forecasts that led to a decrease in EPS estimates for 2025 and 2026.

Recent Developments on T. Rowe Price: T. Rowe Price reported a preliminary AUM of $1.65 trillion as of January 31 and raised its quarterly dividend to $1.27 per share, amidst varying price target adjustments from other firms.

Company Overview and Performance: T. Rowe Price Group, Inc. has a market cap of approximately $24 billion and specializes in asset management services; however, its stock has underperformed, with a 4.6% decline year-to-date and lower-than-expected Q4 earnings leading to a 4.2% drop in stock price.

Analyst Ratings and Future Outlook: Analysts have a consensus rating of "Moderate Sell" for TROW, with expectations of a slight decline in EPS for the current fiscal year; TD Cowen has lowered the price target to $112 while noting concerns over revenue growth due to declining fee rates.

Analyst Ratings: Evercore ISI analyst Glenn Schorr has maintained a Hold rating on T Rowe Price (TROW) with a price target of $114.00, while the stock currently trades at $107.24. The overall analyst consensus suggests a Moderate Sell rating with an average price target of $111.78.

Insider Activity: Recent corporate insider activity indicates negative sentiment towards T Rowe Price, as 116 insiders have sold shares, including a notable sale by Arif Husain of over 4,100 shares for approximately $449,318.