Professional
Added to YB: 2025-01-02
Pitch date: 2024-09-30
TROW [bullish]
T. Rowe Price Group, Inc.
-7.27%
current return
Author Info
No bio for this author
Company Info
T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions.
Market Cap
$20.5B
Pitch Price
$101.76
Price Target
N/A
Dividend
5.54%
EV/EBITDA
6.19
P/E
10.15
EV/Sales
2.56
Sector
Capital Markets
Category
dividend
Lindsell Train Portfolio Holding: T. Rowe Price Group, Inc.
TROW: $1.6tn AUM, 30%+ margins, 20-30% ROE. 4.5% div yield, $2bn net cash. Headwinds: passive shift, fee pressure (-1-1.5% p.a.). Bull case: brand strength, scale, US equity focus. LT growth est: high single-digits. At 12x P/E (all-time low), 4.5% yield, potential double-digit returns.
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