Robert Stevens Acquires Shares in TROW
Robert Stevens purchased 278 shares of TROW on June 29, 2026, for $31,797.64.
Key Points
- Robert Stevens purchased 278 shares of TROW on June 29, 2026, for a total of $31,797.64.
- TROW shares traded near $113.69 on Wednesday with peers like BlackRock and Vanguard increasing their holdings.
- Analysts from Morgan Stanley and Evercore ISI Group maintained hold ratings on TROW with targets of $109 and $111, respectively.
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Robert Stevens made a move in the stock market by purchasing 278 shares of TROW on June 29, 2026. This transaction was valued at approximately $31,797.64, with each share priced at $114.38.
Other Institutional Activity in TROW
Several large funds have also been active with TROW. BlackRock, Inc. increased its holdings by 2,005,718 shares, bringing its total to 22,769,675 shares valued at about $2.05 billion, marking a 9.7% rise. State Street Corp added 112,498 shares to its stake, now holding 14,272,295 shares worth roughly $1.29 billion, a modest 0.8% increase. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both opened new positions, acquiring 14,161,471 shares and 10,169,583 shares, respectively. Meanwhile, Goldman Sachs Group Inc reduced its holdings by 320,353 shares, a 3.7% decrease, to 8,449,718 shares valued at $761.66 million. Charles Schwab Investment Management Inc also trimmed its position by 1,459,142 shares, a significant 18.1% drop, now holding 6,614,704 shares worth about $596.25 million.
T. Rowe Price Group, Inc. Stock Up 2.2%
Shares of TROW traded near $113.69 on Wednesday. The company is monitored by several institutional investors and analysts. While the stock's recent movements reflect active interest, it remains to be seen how these changes will impact TROW's market performance.
$TROW stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at T. Rowe Price Group, Inc.
In addition to Robert Stevens, other insiders were active as well. On June 30, 2026, Alan Wilson bought 691 shares, William Donnelly acquired 576 shares, and Robert Maclellan picked up 658 shares, all without a specified purchase price. Richard Verma and William Donnelly also made purchases on June 29, 2026, acquiring 55 and 142 shares, respectively, at $114.38 per share.
Analysts Set New Price Targets
Analyst firms have recently updated their outlooks for TROW. On June 26, 2026, Morgan Stanley maintained its hold rating with a target price of $109. On June 8, 2026, Evercore ISI Group also retained a hold rating, setting a price target of $111. Other firms like TD Cowen and Barclays have maintained their ratings, with Barclays giving a sell rating and a target of $89.
Bottom Line
Robert Stevens' recent purchase of TROW shares highlights ongoing interest in the company. Institutional investors have been adjusting their stakes, reflecting varied outlooks on TROW's future. Analyst ratings remain mixed, with several maintaining hold positions, suggesting caution in the market. As always, it's important to remember that insider transactions and analyst ratings are just pieces of the larger investment puzzle.
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