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I am not a stock trading expert, but I can provide some general information about the asset management company T. Rowe Price Group (TROW), which has the stock symbol "TROW" and is listed on the New York Stock Exchange.
T. Rowe Price is a global investment management firm that provides a range of mutual funds, subadvisory services, and separate account management for individuals, institutions, and retirement plans. The company was founded in 1937 and is headquartered in Baltimore, Maryland.
As of December 31, 2021, T. Rowe Price had approximately $1.57 trillion in assets under management (AUM) and operated in 16 countries across the world.
Regarding financial performance, T. Rowe Price has generally delivered consistent growth in earnings and revenue over the past few years. For the full year 2021, the company reported net revenues of $6.7 billion, representing an increase of 21% from the prior year. Net income for the year was $2.1 billion, up 26% from 2020.
In terms of earnings growth, T. Rowe Price has a strong track record, with earnings per share (EPS) growing at a compound annual growth rate (CAGR) of 15% over the past 10 years, from $2.52 in 2011 to $9.06 in 2021.
Overall, T. Rowe Price has demonstrated a consistent ability to grow its AUM and earnings, which has helped drive share price appreciation and make it a popular choice among long-term investors. However, it is important to note that past performance is not indicative of future results, and potential investors should conduct their own research and due diligence before making any investment decisions.