Core Insights - Zacks Premium offers tools for investors to enhance their stock market strategies and confidence, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - The Zacks Style Scores provide ratings for stocks based on value, growth, and momentum characteristics, helping investors identify securities likely to outperform the market in the short term [2][3] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [3] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [3] Growth Score - The Growth Style Score emphasizes a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Style Score assesses stocks based on price trends and earnings estimate changes, aiding investors in capitalizing on upward or downward price movements [5] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors seeking attractive value, growth forecasts, and momentum [6] Zacks Rank - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +23.93% since 1988, significantly outperforming the S&P 500 [7][8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [9][10] Company Spotlight: T. Rowe Price (TROW) - T. Rowe Price Group, Inc. manages $1.76 trillion in assets as of September 30, 2025, offering a range of investment services [11] - TROW holds a Zacks Rank of 3 (Hold) and a VGM Score of B, making it a potential candidate for growth investors [12] - The company is projected to experience a year-over-year earnings growth of 4.5% for the current fiscal year, with upward revisions from analysts and a Zacks Consensus Estimate increase to $9.75 per share [12]

Group 1 - The T. Rowe Price Blue Chip Growth ETF (TCHP) is characterized by a significant allocation to mega-cap stocks and typical growth sectors such as technology, consumer discretionary, and communication services [1] - The fund has experienced uneven performance, indicating variability in its returns [1]

Core Viewpoint - T. Rowe Price Group, Inc. has shown mixed performance in the asset management sector, with recent financial results indicating growth in revenues and earnings, but significant client outflows and underperformance compared to peers [5][6]. Company Overview - T. Rowe Price Group, Inc. is based in Baltimore, Maryland, and operates as an asset manager, managing equity and fixed income mutual funds with a market cap of $23.3 billion [1][2]. Financial Performance - The company reported Q3 results on Oct. 31, showing a 6% year-over-year increase in net revenues to $1.9 billion, surpassing expectations by 2.3% [5]. - Adjusted EPS grew 9.3% year-over-year to $2.81, exceeding consensus estimates by 10.2% [5]. - Despite these positive results, T. Rowe Price experienced $7.9 billion in net client outflows during the quarter [5]. Stock Performance - T. Rowe's stock reached a 52-week high of $125.04 on Dec. 9, 2024, but is currently trading 16.4% below that peak [3]. - Over the past three months, T. Rowe's stock prices have declined by 3.4%, while the Nasdaq Composite gained 8% [3]. - Year-to-date, T. Rowe's stock has decreased by 7.6%, and over the past 52 weeks, it has declined by 15.6%, contrasting with the Nasdaq's gains of 21.9% in 2025 and 18.6% over the past year [4]. Competitive Position - T. Rowe has underperformed compared to its peer, State Street Corporation, which saw a 26.4% surge in 2025 and 26.1% returns over the past year [6]. - Among 14 analysts covering T. Rowe stock, the consensus rating is a "Hold," with the stock trading slightly below the mean price target of $107.69 [6].

Core Insights - T. Rowe Price's Global Retirement Savers Study reveals that nearly 34% of retirement savers globally expect to work part-time after retirement, with the highest expectation in the U.S. at 37% [1][2] - Economic uncertainty is prevalent among savers, with 50% anticipating a recession by mid-2026 and inflation being a top concern for 42% of respondents [2][5] - The study highlights a significant gender gap in retirement confidence, with only 31% of respondents expecting to live as well or better in retirement, and single women reporting the lowest confidence levels [5] Economic Outlook - Economic pessimism is highest in Japan and Canada, where 62% and 56% of respondents foresee a recession, while savers in the U.S., Australia, and the UK show more optimism [5] - The survey indicates that retirement optimism is low worldwide, with significant variations in confidence levels across different regions [5] Financial Confidence and Resources - About one-third of global retirement savers express excitement for retirement, which correlates with stronger financial footing and higher earnings [5] - Workplace resources and human advisors are the most relied-upon sources of financial advice, particularly in the U.S., while Japanese respondents tend to self-direct more [5]

Core Insights - T. Rowe Price Group (TROW) has been experiencing weak investment performance leading to net outflows, a trend that has proven difficult to reverse [1] Company Analysis - The company has faced challenges in maintaining its investment performance, which has resulted in a decline in assets under management [1] Industry Context - The financial sector, particularly fund management, is under pressure as firms struggle to attract and retain investments amid changing market conditions [1]

Core Insights - Capital Group, historically low-profile, is shifting its strategy to adapt to the changing investment landscape, particularly the rise of passive investing and ETFs [2][3] - The firm is launching a marketing campaign, expanding its ETF offerings, and forming a partnership with KKR to attract retail investors [3][5] Company Strategy - The $3.3 trillion firm is concerned about being left behind as competitors like Apollo and Blackstone enhance their retail offerings [4] - Capital Group's CEO Mike Gitlin emphasizes the need for the firm to evolve and strengthen its client relationships [4][7] - The partnership with KKR aims to create diversified portfolios that combine public and private market assets [6][25] Financial Performance - Over the past decade, Capital Group has experienced net outflows from its equity mutual funds, with clients withdrawing $122 billion from its largest fund since 2015 [7][20] - The firm’s ETFs, launched in 2022, have accumulated about $100 billion in assets, but this is not enough to offset the losses from traditional mutual funds [18] Market Position - Capital Group has strong distribution networks, with relationships with over 20 million households and 75% of U.S. financial advisers [23] - The firm is attempting to capture a share of the growing retail investor market, which is seen as a significant opportunity for future growth [32] Product Development - The new funds created in partnership with KKR will target a mix of 60% public debt and 40% private credit, with plans for additional funds focusing on private equity and real assets [25] - The co-managed funds will charge lower fees compared to KKR's traditional offerings, aiming to be more accessible to retail investors [27][31] Organizational Changes - Recent leadership changes include the appointment of new executives and a shift in Gitlin's role to focus solely on business operations [15][16] - The firm is also hiring for a head of private markets, indicating a strategic pivot towards this asset class [17]

Core Viewpoint - T. Rowe Price forecasts a positive outlook for emerging markets in 2026, influenced by a potentially dovish stance from the new Federal Reserve chair, which may lead to lower mid-term U.S. interest rates and a weaker dollar [1] Group 1: Economic Outlook - The economic growth environment in 2026 is expected to be more stable compared to 2025, supported by global fiscal and monetary policies, despite ongoing high inflation and a weak job market [1] - The dual support from monetary and fiscal measures in 2026 may provide much-needed support to struggling sectors, potentially driving broader economic growth [2] Group 2: Investment Opportunities - Emerging market stocks and Chinese stocks have demonstrated their ability to diversify risk in global investment portfolios in 2025, and their investment outlook remains positive for 2026 [2] - Emerging market corporate earnings are expected to improve, offering better prospects at attractive valuations, with many companies playing key roles in the AI infrastructure supply chain [2] - In the Chinese market, despite challenges in the real estate sector, there are still attractive investment opportunities due to improved policies supporting private enterprises and a shift towards experience-based consumption [2]

Core Viewpoint - Goldman Sachs Group Inc. is acquiring Innovator Capital Management for $2 billion, aiming to enhance its position in the defined-outcome ETF market, which has gained popularity among financial advisers and investors seeking to mitigate downside risk while capping upside potential [1][2]. Group 1: Acquisition Details - The acquisition will combine Goldman Sachs with Innovator, which manages over $28 billion across more than 150 ETFs, specializing in defined-outcome ETFs [1][2]. - The deal is expected to close in the second quarter of 2026, pending regulatory approvals [7]. Group 2: Market Context - Defined-outcome ETFs, also known as "buffer funds," have seen increased interest as investors look for safer alternatives amid market volatility, with approximately $11.4 billion invested in structured outcome products this year, including $4.1 billion in Innovator's offerings [4]. - The structured outcome ETF category has grown from under $60 billion at the end of 2024 to roughly $76 billion currently [5]. Group 3: Strategic Implications - Following the acquisition, Goldman Sachs Asset Management's assets under management in ETFs will increase from $51 billion to $79 billion, positioning the firm among the top 10 largest active issuers [6]. - Innovator's team of over 60 employees will join Goldman's wealth and ETF teams, enhancing the firm's capabilities in this growing market [7].

Core Insights - The article discusses the author's background in analytics and accounting, highlighting over 10 years of experience in the investment sector, progressing from an analyst to a management role [1]. Group 1 - The author holds a master's degree in Analytics from Northwestern University and a bachelor's degree in Accounting [1]. - The author has a personal interest in dividend investing and aims to share insights with the Seeking Alpha community [1]. Group 2 - The author has disclosed a beneficial long position in several companies, including ABBV, ADP, CTAS, FDS, HRL, JNJ, LOW, NEE, O, PEP, TROW, and WST, through various financial instruments [2]. - The article expresses the author's personal opinions and does not involve compensation from any mentioned companies [2].

Group 1 - The T. Rowe Price Capital Appreciation Equity ETF (TCAF) is an active ETF that does not have specific style preferences, allowing it to adapt between value and growth strategies to achieve its core objective of capital appreciation [1] - The ETF is managed by a team with over 20 years of experience in quantitative research, financial modeling, and risk management, focusing on equity valuation, market trends, and portfolio optimization [1] - The management team emphasizes a combination of rigorous risk management and a long-term perspective on value creation, with a particular interest in macroeconomic trends, corporate earnings, and financial statement analysis [1]