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Rowe Price Group (NASDAQ:TROW) reported second-quarter 2026 adjusted diluted earnings per share of $2.57, up from $2.52 in the first quarter and $2.24 a year earlier, as higher average assets under management and investment advisory revenue outweighed increased expenses. The asset manager ended the quarter with $1.9 trillion in assets under management and $6.5 billion in net outflows. Chair and CEO Rob Sharps said markets rebounded during the quarter after a difficult beginning to the year, while fundamental active equity strategies remained under pressure.
He said the company expects that pressure to continue in the second half of 2026. – 10-year yield is below 4.5%…these dividend growth yields aren’t However, T. Rowe Price recorded positive flows in May and June, including a large defined-contribution investment-only mandate for its hybrid target-date series in May and a large sub-advisory mandate in research and integrated equity strategies in June. The company also reported positive client flows in Europe, the Middle East and Africa, as well as Asia-Pacific.