ING Groep NV boosted its position in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 11.6% in the fourth quarter, Holdings Channel reports. The fund owned 132,570 shares of the industrial products company’s stock after acquiring an additional 13,821 shares during the period. ING Groep NV’s holdings in Roper Technologies were worth $59,011,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently bought and sold shares of ROP. Norges Bank acquired a new position in Roper Technologies during the 4th quarter worth $1,112,873,000. Vanguard Group Inc. lifted its position in Roper Technologies by 12.5% during the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after acquiring an additional 1,384,656 shares during the last quarter. JPMorgan Chase & Co. lifted its position 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 worth $790,789,000 after acquiring an additional 610,089 shares during the last quarter. Qube Research & Technologies Ltd lifted its holdings in shares of 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 worth $374,416,000 after buying an additional 426,648 shares during the last quarter. Finally, Van ECK Associates Corp acquired a new position in shares of Roper Technologies during the third quarter worth approximately $200,009,000. Institutional investors and hedge funds own 93.31% of the company’s stock.
Analyst Upgrades and Downgrades
ROP has been the subject of a number of research analyst reports. Robert W. Baird upped their price target on Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Zacks Research upgraded Roper Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Barclays cut their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a report on Friday, April 24th. Royal Bank Of Canada boosted their price objective on shares of Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Finally, Piper Sandler boosted their price objective on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $472.07.
Roper Technologies Stock Performance
Shares of NASDAQ ROP opened at $332.18 on Friday. The business has a fifty day simple moving average of $343.71 and a 200 day simple moving average of $378.97. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $33.52 billion, a price-to-earnings ratio of 20.75, a PEG ratio of 1.51 and a beta of 0.77. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $576.49.
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, beating analysts’ consensus estimates of $4.97 by $0.19. The business had revenue of $2.10 billion during the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.78 earnings per share. Roper Technologies has set its Q2 2026 guidance at 5.250-5.30 EPS and its FY 2026 guidance at 21.800-22.050 EPS. Sell-side analysts expect that Roper Technologies, Inc. will post 21.94 EPS for the current year.
Roper Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, July 8th. Roper Technologies’s dividend payout ratio is 22.74%.
Roper Technologies 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.
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