T. Rowe Price (TROW) Reports May AUM of $1.89T

T. Rowe Price Group, Inc. (NASDAQ:TROW) is one of the 10 Best Debt-Free American Stocks to Invest In.

On June 10, 2026, T. Rowe Price Group, Inc. (NASDAQ:TROW) announced May month-end assets under management of $1.89T. The company reported net inflows of $3.3B for May, including a large defined contribution target date inflow.

On June 9, 2026, Intercontinental Exchange (ICE) announced the launch of ICE Compass, an AI-powered trading analytics platform for buy-side fixed income trading desks. T. Rowe Price Group, Inc. (NASDAQ:TROW), which provided feedback during development and beta testing, signed on as an anchor client. ICE Compass allows customers to combine their own real-time and historical trading data with ICE market data and pricing streams, along with bids, offers, indications of interest, and other pricing data received from trading counterparties.

T. Rowe Price (TROW) Reports May AUM of $1.89T

On June 8, 2026, Evercore ISI analyst Glenn Schorr raised the firm’s price target on T. Rowe Price Group, Inc. (NASDAQ:TROW) to $111 from $106 and maintained an In Line rating on the shares. Last month, Keefe Bruyette analyst Alex Bond raised the firm’s price target on T. Rowe Price to $107 from $95 and maintained a Market Perform rating.

T. Rowe Price Group, Inc. (NASDAQ:TROW) is a publicly owned investment manager that serves individuals, institutional investors, retirement plans, financial intermediaries, and institutions.

While we acknowledge the risk and potential of TROW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TROW and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1