Red Door Wealth Management LLC trimmed its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 33.0% in the 4th quarter, Holdings Channel reports. The firm owned 8,180 shares of the industrial products company’s stock after selling 4,028 shares during the period. Red Door Wealth Management LLC’s holdings in Roper Technologies were worth $3,641,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in Roper Technologies by 62.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,585,732 shares of the industrial products company’s stock valued at $790,789,000 after buying an additional 610,089 shares during the last quarter. Flossbach Von Storch SE grew its holdings in shares of Roper Technologies by 130.3% in the third quarter. Flossbach Von Storch SE now owns 896,161 shares of the industrial products company’s stock worth $446,907,000 after acquiring an additional 507,083 shares during the period. Qube Research & Technologies Ltd increased its position in Roper Technologies by 131.6% during the third quarter. Qube Research & Technologies Ltd now owns 750,800 shares of the industrial products company’s stock valued at $374,416,000 after acquiring an additional 426,648 shares during the last quarter. Van ECK Associates Corp purchased a new stake in Roper Technologies during the third quarter valued at $200,009,000. Finally, Swedbank AB lifted its holdings in Roper Technologies by 57.5% in the third quarter. Swedbank AB now owns 1,063,725 shares of the industrial products company’s stock valued at $530,469,000 after acquiring an additional 388,212 shares during the period. Hedge funds and other institutional investors own 93.31% of the company’s stock.
Insider Activity
In other news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of Roper Technologies stock in a transaction dated Friday, February 6th. The stock was purchased at an average cost of $358.46 per share, with a total value of $501,844.00. Following the completion of the purchase, the director directly owned 1,400 shares in the company, valued at approximately $501,844. This trade represents a ? increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.78% of the stock is currently owned by company insiders.
Roper Technologies Stock Performance
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 (EPS) for the quarter, beating analysts’ consensus estimates of $5.14 by $0.07. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.09 billion. Roper Technologies had a return on equity of 10.99% and a net margin of 19.44%.The firm’s revenue was up 9.7% on a year-over-year basis. During the same period in the previous year, the company posted $4.81 EPS. 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, analysts expect that Roper Technologies, Inc. will post 19.96 EPS for the current year.
Roper Technologies Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Shareholders of record on Monday, April 6th will be given 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 is presently 25.63%.
Wall Street Analyst Weigh In
A number of research firms have issued reports on ROP. Truist Financial cut their price target on Roper Technologies from $650.00 to $550.00 and set a “buy” rating for the company in a research note on Tuesday, January 27th. Melius Research cut shares of Roper Technologies from a “buy” rating to a “hold” rating and set a $479.00 price objective on the stock. in a research note on Tuesday, January 27th. Royal Bank Of Canada cut their target price on shares of Roper Technologies from $539.00 to $398.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 28th. Argus reaffirmed a “hold” rating on shares of Roper Technologies in a report on Wednesday, January 28th. Finally, Weiss Ratings downgraded shares of Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, Roper Technologies currently has an average rating of “Hold” and a consensus target price of $476.60.
Read Our Latest Research Report on Roper Technologies
About Roper Technologies
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.
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