Price T Rowe Group Inc

Company facts

Industry

Investment Advice

Headquarters

Baltimore, Maryland

Most recent report

10-Q, filed Oct 29, 2026

Incorporated

Maryland

Filings on record

1,000+ filings

On EDGAR

CIK 1113169

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Sep 2026 10-Q

SECSift found 2 of 13 sections worth reading, with 3 positive, 3 notable, and 3 negative flags.

• Financial Statements (Item 1)

  Financial statements with new CLO, seed investment surge, and earnout resolution.
  Notable

  • OHA earnout determined zero; no contingent consideration will be paid at end of 2026, removing a $900M overhang.
  Negative

  • CLO notes' unpaid principal exceeds collateral fair value by $6.4M, though none are in default.

• Management's Discussion (Item 2)

  AUM fell $30.7B on $28.3B outflows; fee rate down; dividend up; F/m deal.
  Positive

  • Net revenues rose 5.9% to $2,004.9M in Q3 2026, with GAAP operating margin expanding to 38.4% from 34.0%.
  • Quarterly dividend increased 2.4% to $1.30 per share in February 2026, funded by operating cash flow.
  • Operating cash flow from T. Rowe Price Group increased $372.7M to $2,752.7M in the first nine months of 2026.
  Notable

  • Average headcount fell 4.3% to 7,577 in Q3 2026 as part of ongoing expense management and restructuring.
  • Agreed to acquire F/m Investments for ~$75M plus up to $50M earnout, expected close Q1 2027.
  Negative

  • AUM fell $30.7B to $1,862.7B at Q3 2026, driven by net outflows of $28.3B in the quarter and $48.5B YTD.
  • Target-date retirement products saw net outflows of $6.5 billion in Q3 2026, vs net inflows of $0.1B YTD.

What changed: Sep 2026 vs. Jun 2026

About 10% of TROW's Sep 2026 10-Q is new information. 30 paragraphs were added, 159 changed, and 28 removed. Below are the most important lines SECSift identified.

• Item 2 95
• Item 1 49
• Item 6 15
• Item 4 2