Roper Technologies, Inc. $ROP Shares Sold by Rathbones Group PLC

Rathbones Group PLC decreased its position in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 73.4% in the 4th quarter, Holdings Channel reports. The fund owned 36,961 shares of the industrial products company’s stock after selling 101,849 shares during the period. Rathbones Group PLC’s holdings in Roper Technologies were worth $16,452,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Roper Technologies by 12.5% in the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock valued at $5,553,932,000 after acquiring an additional 1,384,656 shares in the last quarter. State Street Corp grew its position in Roper Technologies by 0.9% in the third quarter. State Street Corp now owns 4,986,755 shares of the industrial products company’s stock valued at $2,486,845,000 after acquiring an additional 46,697 shares in the last quarter. Principal Financial Group Inc. grew its position in Roper Technologies by 2.2% in the third 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 in the last quarter. Franklin Resources Inc. grew its position in Roper Technologies by 2.1% in the third quarter. Franklin Resources Inc. now owns 1,847,398 shares of the industrial products company’s stock valued at $921,279,000 after acquiring an additional 37,766 shares in the last quarter. Finally, Invesco Ltd. grew its position in Roper Technologies by 12.1% in the third quarter. Invesco Ltd. now owns 1,677,331 shares of the industrial products company’s stock valued at $836,468,000 after acquiring an additional 181,243 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Wall Street Analyst Weigh In

ROP has been the subject of several recent research reports. 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. Melius Research downgraded shares of Roper Technologies from a “buy” rating to a “hold” rating and set a $479.00 price objective for the company. in a research report on Tuesday, January 27th. Piper Sandler increased their price objective on shares of Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. decreased their price target on shares of Roper Technologies from $457.00 to $397.00 and set an “underweight” rating for the company in a research report on Wednesday, January 28th. Finally, Truist Financial decreased their price target on shares of Roper Technologies from $650.00 to $550.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $472.07.

Read Our Latest Stock Analysis on ROP

Roper Technologies Stock Up 0.3%

ROP stock opened at $324.08 on Friday. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $576.55. 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 company has a market capitalization of $32.71 billion, a P/E ratio of 20.24, a PEG ratio of 1.47 and a beta of 0.81. The firm has a 50 day simple moving average of $348.64 and a 200-day simple moving average of $387.75.

Roper Technologies (NASDAQ:ROPGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.97 by $0.19. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The business had revenue of $2.10 billion during the quarter. During the same period in the previous year, the business posted $4.78 EPS. The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. 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. On average, equities research analysts predict that Roper Technologies, Inc. will post 21.94 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be paid a dividend of $0.91 per share. The ex-dividend date is Wednesday, July 8th. This represents a $3.64 annualized dividend and a yield of 1.1%. Roper Technologies’s dividend payout ratio (DPR) is 22.74%.

Roper Technologies Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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