Roper Technologies, Inc. $ROP Shares Sold by Welch & Forbes LLC

Welch & Forbes LLC reduced its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 7.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 180,120 shares of the industrial products company’s stock after selling 14,343 shares during the period. Welch & Forbes LLC’s holdings in Roper Technologies were worth $63,737,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in 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 valued at $5,553,932,000 after purchasing an additional 1,384,656 shares in the last quarter. State Street Corp lifted its holdings 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 valued at $2,266,604,000 after buying an additional 105,250 shares during the period. Geode Capital Management LLC boosted its stake in 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 buying an additional 22,335 shares in the last quarter. Norges Bank acquired a new position in Roper Technologies during the fourth quarter worth about $1,112,873,000. Finally, Invesco Ltd. raised its position in Roper Technologies by 11.0% in the fourth quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock worth $828,821,000 after acquiring an additional 184,644 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Trading Down 0.0%

ROP stock traded down $0.04 during mid-day trading on Friday, reaching $355.90. 860,759 shares of the stock traded hands, compared to its average volume of 1,204,048. Roper Technologies, Inc. has a 52-week low of $305.96 and a 52-week high of $566.24. The stock’s fifty day moving average is $336.48 and its 200-day moving average is $360.89. The company has a market cap of $35.92 billion, a P/E ratio of 22.23, a P/E/G ratio of 1.62 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 (NASDAQ:ROP) last released its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.97 by $0.19. The business had revenue of $2.10 billion for the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The firm’s revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.78 EPS. 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, sell-side analysts expect that Roper Technologies, Inc. will post 21.95 earnings per share for the current year.

Roper Technologies Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Zacks Research downgraded shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Piper Sandler boosted their target price on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. Robert W. Baird lifted 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. Finally, Barclays cut their price objective on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Roper Technologies has an average rating of “Hold” and an average price target of $467.12.

Roper Technologies Company 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.