Stock Pulse
T. Rowe Price (TROW) increased its quarterly dividend by 2.4% to $1.27 per share, marking 39 consecutive years of dividend growth [2], [10]. Despite January net outflows of $2.1 billion, assets under management rose to $1.65 trillion, and Q4 2024 revenue increased 11.1% year-over-year driven by growth in ETFs and alternative investments [2], [11]. Head of Corporate Governance, Donna Anderson, is retiring at the end of 2025, creating a transition period [1]. While TROW's long-term outlook appears positive due to strong fundamentals, it faces headwinds including falling Treasury yields impacting fixed-income investments, rising expenses, and increased competition [3], [4]. The firm's stock hit a 52-week low due to broader industry concerns but is considered a cautious bet for long-term investors [4]. Oak Hill Advisors (OHA), a TROW subsidiary, successfully arranged financing for a major acquisition, strengthening TROW's position in alternative asset management [8].