T. Rowe Price Soars Following Goldman Sachs $1 Billion Investment

Shares of T. Rowe Price Group Inc. (NASDAQ: TROW) surged over 5% in early trading on September 4, 2025, after the company announced a strategic partnership with Goldman Sachs Group Inc. This collaboration involves Goldman’s commitment to invest up to $1 billion in T. Rowe Price stock via open-market purchases, potentially making them one of the firm’s top five shareholders with a stake of up to 3.5%. This partnership signifies a significant development for both companies seeking to capitalize on growing demand for alternative investment products among retail and retirement investors.