T. Rowe Price Group, Inc.

Company overview

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. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach, utilizing in-house and external research. The firm also employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investments in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with offices worldwide.

Sector

Financial Services

Industry

Asset Management

Exchange

NASDAQ

Market cap

$22.2B

Employees

8,084

Headquarters

Baltimore, MD

Website

troweprice.com

CEO

Robert W. Sharps

Listed

April 2, 1986

P/E

11.15

Dividend yield

4.96%