Sumitomo Mitsui Trust Group Inc. Reduces Stake in Roper Technologies, Inc. $ROP

Sumitomo Mitsui Trust Group Inc. lowered its position in Roper Technologies, Inc. (NASDAQ:ROP) by 4.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 281,190 shares of the industrial products company’s stock after selling 11,616 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Roper Technologies were worth $99,502,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of ROP. Triumph Capital Management purchased a new position in Roper Technologies in the third quarter worth about $25,000. Private Wealth Management Group LLC grew its stake in shares of Roper Technologies by 195.8% during the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 47 shares during the period. Tucker Asset Management LLC purchased a new stake in shares of Roper Technologies during the 4th quarter valued at about $33,000. Board of the Pension Protection Fund bought a new position in shares of Roper Technologies in the 4th quarter worth approximately $36,000. Finally, Kelleher Financial Advisors bought a new position in shares of Roper Technologies in the 3rd quarter worth approximately $40,000. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Performance

Shares of NASDAQ:ROP traded down $0.04 during mid-day trading on Friday, reaching $355.90. 860,759 shares of the company traded hands, compared to its average volume of 1,204,048. The company’s 50 day moving average price is $336.48 and its 200-day moving average price is $360.89. The firm has a market cap of $35.92 billion, a PE ratio of 22.23, a PEG ratio of 1.62 and a beta of 0.76. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $566.24. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.49.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS 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 company had revenue of $2.10 billion for the quarter. During the same quarter in the previous year, the business posted $4.78 EPS. Roper Technologies’s 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. On average, equities analysts expect that Roper Technologies, Inc. will post 21.95 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 1.0%. Roper Technologies’s payout ratio is 22.74%.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Royal Bank Of Canada boosted their target price on shares of Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. Robert W. Baird increased their price target on shares of Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. BMO Capital Markets initiated coverage on shares of Roper Technologies in a research note on Friday. They set a “market perform” rating and a $393.00 price target on the stock. Barclays cut their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. Finally, Piper Sandler upped their price objective on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $467.12.

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.