Pine Valley Investments Ltd Liability Co Cuts Position in Roper Technologies, Inc. $ROP

Pine Valley Investments Ltd Liability Co decreased its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 46.4% in the first quarter, Holdings Channel.com reports. The firm owned 3,551 shares of the industrial products company’s stock after selling 3,069 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in Roper Technologies were worth $1,257,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Roper Technologies by 12.5% during 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 buying an additional 1,384,656 shares during the last quarter. State Street Corp grew its stake in shares of Roper Technologies by 2.1% in the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock worth $2,266,604,000 after acquiring an additional 105,250 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Roper Technologies by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock valued at $1,172,099,000 after acquiring an additional 22,335 shares in the last quarter. Norges Bank purchased a new position in shares of Roper Technologies in the 4th quarter worth about $1,112,873,000. Finally, Invesco Ltd. raised its position in shares of Roper Technologies by 11.0% in the 4th quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock worth $828,821,000 after purchasing an additional 184,644 shares during the last quarter. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Roper Technologies

In related news, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the completion of the transaction, the director owned 7,423 shares in the company, valued at approximately $2,679,703. This represents a 46.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of the firm’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $379.05, for a total transaction of $758,100.00. Following the transaction, the executive vice president directly owned 35,634 shares of the company’s stock, valued at $13,507,067.70. The trade was a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is currently owned by insiders.

Roper Technologies Stock Performance

NASDAQ ROP opened at $392.57 on Tuesday. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $549.24. The business has a 50-day moving average price of $348.03 and a 200-day moving average price of $352.11. The firm has a market cap of $39.62 billion, a price-to-earnings ratio of 16.26, a price-to-earnings-growth ratio of 1.76 and a beta of 0.73.

Roper Technologies (NASDAQ:ROPGet Free Report) last issued its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The company had revenue of $2.11 billion for the quarter. During the same period last year, the business posted $4.87 EPS. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. As a group, equities research analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were given a dividend of $0.91 per share. The ex-dividend date was Wednesday, July 8th. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. Roper Technologies’s dividend payout ratio (DPR) is presently 15.08%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ROP shares. Zacks Research downgraded shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Barclays decreased their target price on shares of 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 upped their target price on shares of Roper Technologies from $407.00 to $417.00 and gave the stock a “sector perform” rating in a research note on Friday, July 24th. Piper Sandler cut their price target on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. Finally, Mizuho set a $355.00 price target on shares of Roper Technologies in a research report on Tuesday, July 21st. Six investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $468.00.

Check Out Our Latest Stock Analysis on ROP

Roper Technologies Company 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.

Further Reading

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

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