Heck Capital Advisors 13F: New $1.2M Stake in TROW

Heck Capital Advisors picked up a new stake in T. Rowe Price Group, Inc. (NasdaqGS: TROW), according to a Form 13F filing with the U.S. Securities and Exchange Commission on October 14, 2026. Institutional 13F filings are backward-looking reports that show a fund's holdings at the close of a reporting period and may not reflect its current stance.

Inside Heck Capital Advisors's T. Rowe Price Group Trade

The fund opened a brand-new position during the period, purchasing 11,920 shares. The reported value of the stake came in at $1,240,276.

Other Institutional Activity in T. Rowe Price Group

Blackrock Inc. grew its holdings by 1,227,242 shares, ending with 23,996,119 shares worth about $2,422,888,164. State Street Corporation increased its stake by 381,073 shares to hold 14,653,478 shares valued at approximately $1,479,561,691. Vanguard Capital Management LLC reduced its holdings by 188,342 shares, leaving it with 13,972,686 shares worth roughly $1,410,822,122. Vanguard Portfolio Management LLC trimmed its position by 127,124 shares, finishing with 10,042,805 shares valued at about $1,014,022,033. Goldman Sachs Group Inc lifted its holdings by 3,380 shares, holding 8,452,903 shares worth roughly $853,489,626.

T. Rowe Price Group, Inc. Stock Down 1.1%

T. Rowe Price Group recently traded around $100.22 as of October 16, 2026. The stock trades below its 50-day moving average of $107.61 and below its 200-day moving average of $103.83.

Recent Earnings

The asset management firm reported trailing-twelve-month revenue of $7.59 billion alongside earnings of $9.96 per share. T. Rowe Price Group posted a net profit margin of 29.3% and a return on equity of 19.4%. Revenue grew 10.7% year-over-year. The company's next earnings report is scheduled for October 29, 2026.

Dividend

T. Rowe Price Group pays an annual dividend rate of $5.20 per share, yielding 5.13% with a payout ratio of 51.6%.

Insider Buying and Selling at T. Rowe Price Group, Inc.

Sandra Wijnberg bought 148 shares at an average price of $114.38, totaling $16,928.24 on June 29, 2026. Cynthia Smith purchased 70 shares at an average price of $114.38, coming to $8,006.60 on June 29, 2026. Dina Dublon acquired 109 shares at an average price of $114.38, worth $12,467.42 on June 29, 2026. Allan Golston picked up 55 shares at an average price of $114.38, totaling $6,290.90 on June 29, 2026.

Analysts Set New Price Targets

On October 9, 2026, Evercore ISI Group maintained its In-Line rating with a price target of $109.00. TD Cowen maintained a Hold rating on October 12, 2026, setting a target of $109.00. JP Morgan maintained an Underweight rating on October 13, 2026, with a target of $106.00. BMO Capital maintained a Market Perform rating on October 13, 2026, lowering its target to $110.00. Barclays maintained an Underweight rating on October 14, 2026, with a target of $102.00. Across 13 analysts, the stock holds a consensus recommendation of hold and a mean price target of $105.92.

About T. Rowe Price Group

T. Rowe Price Group, Inc. is a publicly owned investment manager headquartered in Baltimore, Maryland, providing equity and fixed-income mutual funds to individual and institutional investors. This new filing gives a look at how institutional portfolios are positioning themselves around the asset manager.

Bottom Line

Investors will be watching for the upcoming earnings report on October 29, 2026, to see how the company's fundamentals evolve. As always, 13F filings capture past portfolio choices and may not reflect current trades.