Goodman Advisory Group LLC cut its position in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 96.2% in the third quarter, Holdings Channel reports. The firm owned 158 shares of the industrial products company’s stock after selling 3,994 shares during the period. Goodman Advisory Group LLC’s holdings in Roper Technologies were worth $79,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently added to or reduced their stakes in ROP. Johnson Investment Counsel Inc. raised its holdings in shares of Roper Technologies by 2.8% in the third quarter. Johnson Investment Counsel Inc. now owns 162,291 shares of the industrial products company’s stock valued at $80,933,000 after buying an additional 4,479 shares during the last quarter. Corbyn Investment Management Inc. MD purchased a new position in shares of Roper Technologies during the second quarter worth about $567,000. Stephens Inc. AR grew its holdings in shares of Roper Technologies by 36.5% during the third quarter. Stephens Inc. AR now owns 14,117 shares of the industrial products company’s stock worth $7,040,000 after buying an additional 3,773 shares during the last quarter. ING Groep NV increased its position in Roper Technologies by 175.7% in the 3rd quarter. ING Groep NV now owns 118,749 shares of the industrial products company’s stock valued at $59,219,000 after acquiring an additional 75,675 shares during the period. Finally, Principal Financial Group Inc. raised its stake in Roper Technologies by 2.2% during the 3rd quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company’s stock valued at $1,273,387,000 after acquiring an additional 54,221 shares during the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.
Insider Activity at Roper Technologies
In related news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of Roper Technologies stock in a transaction that occurred on Friday, February 6th. The stock was purchased at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the completion of the purchase, the director directly owned 1,400 shares of the company’s stock, valued at approximately $501,844. This trade represents a ? increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.78% of the stock is owned by company insiders.
Roper Technologies Stock Up 0.4%
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $5.21 earnings per share for the quarter, topping analysts’ consensus estimates of $5.14 by $0.07. The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.09 billion. Roper Technologies had a return on equity of 10.99% and a net margin of 19.44%.Roper Technologies’s quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.81 earnings per share. Roper Technologies has set its FY 2026 guidance at 21.300-21.550 EPS and its Q1 2026 guidance at 4.950-5.000 EPS. On average, equities analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.
Roper Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Monday, April 6th will be issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Monday, April 6th. Roper Technologies’s dividend payout ratio (DPR) is currently 25.63%.
Wall Street Analyst Weigh In
A number of analysts have weighed in on ROP shares. Citigroup decreased their price objective on Roper Technologies from $575.00 to $450.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. Argus restated a “hold” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Truist Financial decreased their price target on Roper Technologies from $650.00 to $550.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. Royal Bank Of Canada dropped their price objective on shares of Roper Technologies from $539.00 to $398.00 and set a “sector perform” rating on the stock in a research note on Wednesday, January 28th. Finally, TD Cowen restated a “buy” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $478.53.
Read Our Latest Stock Analysis on ROP
Roper Technologies Company Profile
Roper Technologies, Inc (NASDAQ: ROP) is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.
Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.
Featured Stories
- Five stocks we like better than Roper Technologies
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- Trump Planning to Use Public Law 63-43: Prepare Now
- How JPMorgan’s $8,000 Gold Call Will Leave Most Retirement Accounts Behind
- Silver Is the New Oil—And the World’s Running Dry
- Nvidia CEO Issues Bold Tesla Call
Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NASDAQ:ROP – Free Report).
Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
