T. Rowe Price Assets Reach $1.71 Trillion Despite Significant Q1 Outflows
Key Facts
T. Rowe Price Group Inc. announced its preliminary assets under management (AUM) reached $1.71 trillion as of March 31, 2026. Despite the substantial asset base, the firm faced significant net outflows totaling $3.2 billion during the month of March alone. This contributed to a total net outflow of $13.7 billion for the first quarter of 2026, highlighting ongoing challenges in investor retention. Analysts have noted that persistent withdrawals and downward earnings revisions continue to put pressure on the company's stock performance. However, data from InvestingPro suggests the stock may be currently undervalued, supported by a robust dividend yield of 5.68%. Investors remain cautious as the asset manager navigates a period of market volatility and shifting capital allocations.