Swedbank AB Trims Stake in Roper Technologies, Inc. $ROP

Swedbank AB lessened its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 93.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 75,008 shares of the industrial products company’s stock after selling 1,057,841 shares during the period. Swedbank AB’s holdings in Roper Technologies were worth $26,542,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ROP. CIBC Bancorp USA Inc. acquired a new stake in shares of Roper Technologies during the third quarter valued at about $10,053,000. Empire Life Investments Inc. lifted its holdings in shares of Roper Technologies by 38.5% in the 4th quarter. Empire Life Investments Inc. now owns 45,517 shares of the industrial products company’s stock worth $20,261,000 after acquiring an additional 12,645 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of 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 purchasing an additional 1,384,656 shares during the period. SG Americas Securities LLC boosted its position in shares of Roper Technologies by 726.0% during the 4th quarter. SG Americas Securities LLC now owns 408,775 shares of the industrial products company’s stock worth $181,958,000 after purchasing an additional 359,286 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Roper Technologies by 38.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 24,581 shares of the industrial products company’s stock valued at $10,740,000 after purchasing an additional 6,791 shares during the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Barclays decreased their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research note on Friday, April 24th. Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. Robert W. Baird increased their target price on Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Finally, Royal Bank Of Canada raised their target price on Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Roper Technologies has an average rating of “Hold” and a consensus target price of $472.07.

Roper Technologies Stock Down 2.4%

Shares of NASDAQ ROP opened at $354.89 on Thursday. The stock has a market cap of $35.82 billion, a P/E ratio of 22.17, a PEG ratio of 1.66 and a beta of 0.76. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $571.36. The business’s fifty day simple moving average is $336.44 and its 200-day simple moving average is $361.55.

Roper Technologies (NASDAQ:ROP) last released its 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 firm had revenue of $2.10 billion for the quarter. During the same quarter in the previous year, the company posted $4.78 earnings per share. The firm’s quarterly revenue was up 11.3% on a year-over-year basis. 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. As a group, equities analysts predict that Roper Technologies, Inc. will post 21.95 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, July 8th. Roper Technologies’s dividend payout ratio is currently 22.74%.

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.