T. Rowe Price Group, Inc. (TROW) is a large-cap asset manager with a market cap of $23.3 billion, serving a wide range of investors. The company’s stock touched a 52-week high of $125.04 on Dec. 9, 2024, but is currently trading 16.4% below that peak. Over the past three months, TROW stock prices have declined 3.4%, underperforming the Nasdaq Composite’s 8% gains. The company reported better-than-expected Q3 results with a 6% increase in net revenues and a 9.3% growth in adjusted EPS. However, TROW saw $7.9 billion in net client outflows during the quarter. Analysts currently rate the stock as a “Hold.”

Read more at Barchart: Is T. Rowe Price Group Stock Underperforming the Nasdaq?