T Rowe Price Group Inc logo

T Rowe Price Group Inc TROW

Market Closed
26 Jul, 20:00
NASDAQ (NGS) NASDAQ (NGS)
$
112. 09
-3.4
-2.94%
After Hours
$
112. 87
+0.78 +0.7%
24.31B Market Cap
15.12 P/E Ratio
4.96% Div Yield
1,972,300 Volume
7.39 Eps
$ 115.49
Previous Close
Day Range
109.54 113.38
Year Range
87.43 132.76

TROW Chart

T Rowe Price Group Inc Profile

Asset Management Industry
Financial Services Sector
Mr. Robert W. Sharps C.F.A., CPA CEO
NASDAQ (NGS) Exchange
US74144T1088 ISIN
US Country
7,906 Employees
- Last Dividend
- Last Split
13 Sep 1989 IPO Date

Overview

T. Rowe Price Group, Inc. is a globally recognized investment manager, with a history tracing back to its establishment in 1937. This publicly owned entity has carved out a reputation for providing a wide array of services to a diverse group of clients that includes individuals, institutional investors, retirement plans, financial intermediaries, and institutions. Originally known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc., the firm has its headquarters in Baltimore, Maryland, and boasts a significant global presence through its additional offices located in strategic financial centers across North America, Europe, Asia, and Australia. T. Rowe Price Group prides itself on its comprehensive investment strategies, which involve both fundamental and quantitative analyses, supporting a bottom-up approach to investing. The firm also places a significant emphasis on socially responsible investing, particularly focusing on environmental, social, and governance (ESG) issues, reflecting its commitment to sustainable and ethical investment practices.

Products and Services

  • Equity and Fixed Income Mutual Funds
  • At the core of T. Rowe Price's offerings are its equity and fixed income mutual funds, designed to cater to a broad spectrum of investor needs. These funds are the result of meticulous market analysis and research, both in-house and external, enabling the firm to invest across the global public equity and fixed income markets. This diversification aims to optimize returns while managing risk, making these funds attractive options for both individual and institutional investors.

  • Late-Stage Venture Capital Investments
  • T. Rowe Price extends its investment expertise to the sphere of venture capital, focusing on late-stage transactions. The firm typically invests between $3 million and $5 million, targeting companies that exhibit strong potential for growth. This venture capital initiative further exemplifies T. Rowe Price's commitment to fostering innovation and supporting companies at critical junctures of their development.

  • Socially Responsible Investing
  • An integral part of T. Rowe Price's investment philosophy is its focus on socially responsible investing, particularly with regard to environmental, social, and governance (ESG) issues. The firm leverages a comprehensive screening process to assess potential investments through an ESG lens, aiming to contribute positively to global sustainability efforts while pursuing financial returns. This approach appeals to investors who are not only interested in the financial performance of their investments but also in the impact their investments have on the world.

Contact Information

Address: 100 East Pratt Street, Baltimore, MD, United States, 21202
Phone: 410 345 2000