Pictet Asset Management Holding SA Trims Stock Position in Roper Technologies, Inc. $ROP

Pictet Asset Management Holding SA trimmed its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 89.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 56,603 shares of the industrial products company’s stock after selling 477,374 shares during the period. Pictet Asset Management Holding SA owned 0.06% of Roper Technologies worth $20,030,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of ROP. Norges Bank acquired a new stake in shares of Roper Technologies in the fourth quarter worth approximately $1,112,873,000. Vanguard Group Inc. increased its position 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 worth $5,553,932,000 after purchasing an additional 1,384,656 shares during the last quarter. OpenArc Corporate Advisory LLC purchased a new position in Roper Technologies during the fourth quarter worth approximately $367,567,000. AQR Capital Management LLC raised its stake in Roper Technologies by 194.6% during the fourth quarter. AQR Capital Management LLC now owns 772,347 shares of the industrial products company’s stock worth $343,795,000 after purchasing an additional 510,138 shares during the period. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Roper Technologies by 131.6% in the 3rd quarter. Qube Research & Technologies Ltd now owns 750,800 shares of the industrial products company’s stock valued at $374,416,000 after purchasing an additional 426,648 shares during the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ROP. Royal Bank Of Canada upped their price objective on Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Piper Sandler lifted their target price on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Barclays dropped their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research note on Friday, April 24th. Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. Finally, Zacks Research lowered Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $472.07.

Roper Technologies Stock Performance

NASDAQ:ROP opened at $354.68 on Thursday. The firm’s fifty day simple moving average is $336.16 and its 200 day simple moving average is $364.54. 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 twelve month low of $305.96 and a twelve month high of $575.77. The firm has a market capitalization of $35.79 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 1.54 and a beta of 0.76.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.97 by $0.19. The firm 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 firm’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior 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. As a group, equities research analysts expect that Roper Technologies, Inc. will post 21.95 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, July 8th. Roper Technologies’s dividend payout ratio (DPR) is presently 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.