Welcome to our dedicated page for T Rowe Price Grp news (Ticker: TROW), a resource for investors and traders seeking the latest updates and insights on T Rowe Price Grp stock.
T. Rowe Price Group reports developments tied to its global asset management business, including assets under management, client flows, earnings, dividends, stockholder meeting results, and capital return activity. Company updates also cover its investment platform across equity, fixed income, multi-asset, and alternative strategies, with recurring references to retirement-related assets and client solutions.
News about T. Rowe Price also includes product and platform changes such as fixed income vehicles, CLO activity, 529 education savings offerings, private credit initiatives associated with OHA, and investment commentary from the firm's research and portfolio teams.
T. Rowe Price (NASDAQ:TROW) announced a refreshed leadership structure to support strategy, innovation, and client outcomes. Rob Sharps remains chair and CEO. Effective June 1, Eric Veiel becomes president while continuing as co-head of Global Investments and chief investment officer.
Sébastien Page becomes co-head of Global Investments and chief investment officer on June 1 and remains acting head of Global Multi-Asset through September 30. Effective October 1, Wyatt Lee becomes head of Global Multi-Asset while continuing to lead Target Date Strategies and co-manage target date portfolios. Veiel and Page report to Sharps; Lee joins the Management Committee on January 1, 2027.
T. Rowe Price Group (NASDAQ: TROW) reported April 30, 2026 assets under management (AUM) of $1.83 trillion. April 2026 saw $10.6 billion in net outflows, mainly from a few large redemptions, with net flow activity expected to moderate over the rest of the quarter.
AUM included $882 billion equity, $218 billion fixed income, $665 billion multi-asset, and $60 billion alternatives, totaling $1.825 trillion. Target date retirement portfolios held $599 billion in AUM.
T. Rowe Price Group (NASDAQ: TROW) declared a quarterly dividend of $1.30 per share payable June 29, 2026, to shareholders of record at the close of business on June 15, 2026. At the May 7, 2026 annual meeting shareholders elected 13 directors, approved executive compensation in a nonbinding vote, and ratified KPMG LLP as independent auditor for 2026.
T. Rowe Price OHA Select Private Credit Fund (NYSE:TROW) reported Q1 ended March 31, 2026 results and declared total distributions of $0.69 per share (annualized distribution rate 10.6%). The fund's investment portfolio at fair value was $2.98B across 139 portfolio companies in 22 sectors, with a weighted average portfolio yield of 10.0% and no non-accrual investments. Net investment income per share was $0.59, earnings per share were $(0.05), and NAV per share was $26.15. Net investment fundings were $126.5M for the quarter.
T. Rowe Price (NASDAQ: TROW) reported first quarter 2026 results and announced a management webcast on April 30, 2026.
Chair, CEO, and President Rob Sharps and CFO Jen Dardis will review financial results and take questions; Glenn August of OHA will update on the alternatives business. Supplemental materials and a replay will be available on the investor relations website.
T. Rowe Price (NYSE:TROW) released a new episode of its podcast The Angle on April 29, 2026, featuring Kathy Warden, chair, CEO, and president of Northrop Grumman.
Discussion topics include speed-to-deliver, AI, autonomy, space, talent, and investing ahead of defense demand.
T. Rowe Price (NASDAQ: TROW) reported March month-end assets under management of $1.71 trillion. Net outflows were $3.2 billion in March and $13.7 billion for the quarter, which included $0.9 billion of manager-driven distributions.
By asset class as of 3/31/2026: Equity $810B, Fixed income $215B, Multi-asset $625B, Alternatives $60B, Target date portfolios $561B. Q1 2026 earnings release is scheduled for April 30, 2026 with a webcast and an earnings call from 8:00–8:45 AM ET.
LiveOak Fiber (TROW) secured a $425 million credit facility from Oak Hill Advisors and Palistar Capital to accelerate fiber-to-the-home expansion across the Southeast, announced April 9, 2026. The funding supports network build-out, local hiring, and expanded service to residential, business, and multi-tenant customers.
J.P. Morgan acted as structuring agent; Clifford Chance and Milbank served as legal counsel.
T. Rowe Price (NYSE:TROW) launched its CLO issuance program with ROWE CLO 2026-1 Ltd., a US$403.59 million CLO backed mainly by broadly syndicated first-lien loans. The CLO effort extends the firm's fixed income platform and leverages its bank loan and securitized-investment capabilities.
The firm reported fixed income AUM of US$335 billion as of Feb 28, 2026, including US$40 billion in leveraged credit and US$17 billion in bank loans and CLO tranche investments.
T. Rowe Price (NYSE:TROW) renamed its long-standing T. Rowe Price College Savings Plan to T. Rowe Price 529 to reflect expanded flexibility for qualified education expenses. The Morningstar Gold-rated national plan highlights new eligible uses including apprenticeships and limited student loan repayments.
To mark the plan's 25th anniversary with the Education Trust of Alaska, new accounts opened in 2026 with at least $250 will be eligible for a $250 match deposited in February 2027. A webinar with savingforcollege.com is scheduled for May 28, 2026.