TROW at a glance
T. Rowe Price (TROW, SEC CIK 1113169) filed its latest 10-K annual report on February 13, 2026, a 10-Q quarterly report on July 31, 2026, an 8-K current report on July 31, 2026 and Form 4 insider filings as recently as September 30, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), T. Rowe Price (TROW) reported revenue of $7.3 billion (up 3.1% from FY2024) and net income of $2.1 billion. Diluted EPS was $9.24.
- As of June 30, 2026, 44 institutional investment managers tracked by SignalX reported holding T. Rowe Price (TROW) shares worth $11.1 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Nelson Joshua B on August 25, 2026 of 10,000 shares at $111.82 per share.
- In the last 90 days, TROW insiders reported 0 open-market purchases ($0) and 1 open-market sale ($1.1M) on Form 4, a net sale of $1.1M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $7.3B
- +3.1% vs prior year
- Insiders · 90 days
- 0 buys · 1 sell
- Net −$1.1M
- 13F holders
- 44 funds
- $11.1B · +2 vs prior quarter
- Latest 8-K
- Jul 31, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: global investment advisory with active investment solutions across equity, fixed income, multi-asset, alternatives, servicing individuals, advisors, institutions, retirement plans
- Strategic emphasis on global growth in select markets, expanding private and alternatives market reach, and enhancing technology for digital client experience
- New multi-year initiatives launched for improved retirement leadership, wealth management expansion, global partnerships, and brand nurturing worldwide
- Workforce and cost structure adjustments in 2025 including role eliminations, outsourcing tech functions, exiting owned buildings to optimize expenses
- Recorded restructuring charge in 2025 related to these cost realignment actions and property disposals planned for 2026
Risk Factors
- Regulatory risk from potential changes in contracts with independent directors who may alter or terminate investment management agreements
- Macroeconomic exposure to fluctuations in global financial markets impacting assets under management and non-operating investment income
- Operational risk from reliance on third-party service providers and vulnerability to cyberattacks or extreme event disruptions
- Competitive risk tied to maintaining investment performance versus peer mutual funds and the ability to attract client assets
- Financial risk from expense volatility driven by compensation fluctuations, international currency exchange, and strategic investment spending
Management Discussion & Analysis
- Revenue primarily from global investment advisory services across equity, fixed income, multi-asset, and alternatives
- Focus on developing new products and enhancing distribution to attract and grow assets under management
- Industry challenges include shift from active to passive strategies, fee pressure, and regulatory changes
- 2025 restructuring with role eliminations, outsourcing, and property disposals planned in 2026 to align expenses with revenue growth
- Maintaining liquidity for growth opportunities and capability investments
AI summary of the TROW 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Q2 revenue $1,907.4M, up 10.7% YoY from $1,723.3M
- Operating margin 28.3% vs 27.8% YoY
- Best segment multi-asset fees $529.5M, up 16.1%; worst fixed-income fees $113.5M, up 7.6%
- Ending AUM $1,893.4B, up $216.6B or 12.9% YoY; Q2 net cash outflows $6.5B
- Headwinds: passive strategies, fee pressure, evolving regulation, inflationary compensation and contractual spending
Risk Factors
- Risk Factors section not provided; supplied text covers share repurchases, exhibits, and signatures
- No new, updated, regulatory, operational, competitive, or financial risk factors identifiable from the provided excerpt
AI summary of the TROW 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 and first-half 2026 results reported for periods ended June 30, 2026
- Earnings release issued July 31, 2026 and furnished as Exhibit 99.1
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Eric L. Veiel appointed President, Co-Head of Global Investments, and Chief Investment Officer, effective immediately
- CEO Rob Sharps remains in position, preserving executive leadership continuity
Item 5.07: Submission of Matters to a Vote of Security Holders
- All 13 director nominees elected, with Robert W. Sharps receiving the lowest support at 139,842,488 votes
- Executive compensation advisory vote approved, with 135,094,531 votes for and 20,453,712 against
AI summaries of TROW 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for TROW
Don't miss the next TROW filing
- Alerts as it files. A push when TROW files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut TROW, by share count.
- Ask anything. An AI agent that reads every TROW filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| WILSON ALAN D | A | Sep 29, 2026 | 520.175 | $104.51 |
| DONNELLY WILLIAM P | A | Sep 29, 2026 | 163.993 | $104.51 |
| STEVENS ROBERT J | A | Sep 29, 2026 | 314.039 | $104.51 |
| DUBLON DINA | A | Sep 29, 2026 | 120.45 | $104.51 |
| Golston Allan C. | A | Sep 29, 2026 | 60.83 | $104.51 |
| MacLellan Robert F. | A | Sep 29, 2026 | 212.463 | $104.51 |
| Verma Richard R. | A | Sep 29, 2026 | 60.83 | $104.51 |
| WIJNBERG SANDRA S | A | Sep 29, 2026 | 163.705 | $104.51 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $7.1B | $7.3B |
| Operating Income | $2.0B | $2.3B | $2.2B |
| Net Income | $1.8B | $2.1B | $2.1B |
| Op. Margin | - | 32.9% | 29.9% |
| Net Margin | - | 29.6% | 28.5% |
| Balance Sheet | |||
| Total Assets | $12.3B | $13.5B | $14.3B |
| Equity | - | $10.3B | $10.9B |
| ROE | - | 20.3% | 19.2% |
| Per Share | |||
| EPS | $7.76 | $9.15 | $9.24 |
| Cash Flow | |||
| Operating CF | - | $1.7B | $1.8B |
| CapEx | - | $423.4M | $274.2M |
Source: XBRL data in T. Rowe Price (TROW)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate TROW share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 44 | $11.05B |
| Q1 2026 | 42 | $8.61B |
| Q4 2025 | 38 | $9.39B |
| Q3 2025 | 40 | $8.87B |
| Q2 2025 | 41 | $8.27B |
| Q1 2025 | 38 | $5.84B |
| Q4 2024 | 36 | $6.29B |
| Q3 2024 | 32 | $3.13B |
- BlackRock+1.23M (+5%)
- Citigroup+799.9K (+139%)
- State Street Corp+381.2K (+3%)
- Ameriprise Financial+359.4K (+34%)
- Morgan Stanley+239.4K (+6%)
- Millennium Management−530.3K (-75%)
- Citadel Advisors LLC−434.1K (-56%)
- Two Sigma Investments−270.8K (-27%)
- Vanguard Capital Management LLC−188.8K (-1%)
- Prudential Financial−170.6K (-56%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 311 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
TROW filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Aug 26, 2026 | - | - | - |
| 8-K | Jul 31, 2026 | - | Analysis | - |
| 10-Q | Jul 31, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jun 2, 2026 | - | - | |
| 8-K | May 18, 2026 | - | Analysis | |
| 4 | May 14, 2026 | - | - | |
| 8-K | May 11, 2026 | - | Analysis |
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TROW SEC filings: frequently asked questions
Are TROW insiders buying or selling?
In the last 90 days, T. Rowe Price (TROW) officers, directors and 10% owners reported no open-market purchases and 1 open-market sale worth $1.1 million by 1 insider on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold TROW stock?
As of June 30, 2026, the largest T. Rowe Price (TROW) holders among the 13F filers tracked by SignalX were BlackRock ($2.7 billion), State Street Corp ($1.7 billion), Vanguard Capital Management LLC ($1.6 billion), Vanguard Portfolio Management LLC ($1.1 billion), Goldman Sachs Group ($961.0 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was TROW's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), T. Rowe Price (TROW) reported revenue of $7.3 billion (up 3.1% from FY2024) and net income of $2.1 billion. Diluted EPS was $9.24. The figures come from the XBRL data in the 10-K.
What are the main risks in TROW's latest 10-K?
In the 10-K filed February 13, 2026, T. Rowe Price (TROW) flagged: Regulatory risk from potential changes in contracts with independent directors who may alter or terminate investment management agreements. Macroeconomic exposure to fluctuations in global financial markets impacting assets under management and non-operating investment income. (AI summary of the Risk Factors section.)
What did TROW report in its latest 8-K?
T. Rowe Price (TROW) filed an 8-K on July 31, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q2 and first-half 2026 results reported for periods ended June 30, 2026.
What are the latest TROW SEC filings?
T. Rowe Price (TROW) filed its latest 10-K annual report on February 13, 2026, a 10-Q quarterly report on July 31, 2026, an 8-K current report on July 31, 2026 and a Form 4 insider filing on September 30, 2026.
What is TROW's SEC CIK number?
T. Rowe Price (TROW)'s SEC Central Index Key (CIK) is 1113169. EDGAR lists every TROW filing under that number.
Ask anything about TROW
The research agent reads TROW's filings, financials, insider trades and 13F holders, then answers with sources.