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Baltimore, Maryland-based T. Rowe Price Group, Inc. (TROW) is a publicly owned investment manager that provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. Valued at $21.9 billion by market cap, the company provides investment advisory services and manages a broad range of U.S. and international stock, blended asset, bond, and money market mutual funds and other investment portfolios.
Shares of this leading asset management firm have underperformed the broader market over the past year. TROW has gained 3.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 23.3%. In 2026, TROW stock is down marginally, compared to the SPX’s 7.4% rise on a YTD basis.
