Edgestream Partners L.P. Trims Stake in Roper Technologies, Inc. $ROP

Edgestream Partners L.P. lessened its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 11.1% during the 1st quarter, HoldingsChannel reports. The firm owned 25,912 shares of the industrial products company’s stock after selling 3,239 shares during the quarter. Edgestream Partners L.P.’s holdings in Roper Technologies were worth $9,169,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in ROP. Brown Brothers Harriman & Co. lifted its stake in shares of Roper Technologies by 1.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock valued at $1,115,000 after purchasing an additional 23 shares during the period. SeaCrest Wealth Management LLC grew its position in Roper Technologies by 6.2% during the third quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock valued at $223,000 after buying an additional 25 shares during the period. Gulf International Bank UK Ltd increased its holdings in Roper Technologies by 0.5% in the fourth quarter. Gulf International Bank UK Ltd now owns 5,377 shares of the industrial products company’s stock valued at $2,393,000 after buying an additional 29 shares in the last quarter. Paragon Capital Management Inc. raised its position in shares of Roper Technologies by 0.9% in the first quarter. Paragon Capital Management Inc. now owns 3,200 shares of the industrial products company’s stock worth $1,132,000 after acquiring an additional 29 shares during the period. Finally, MGO One Seven LLC raised its position in shares of Roper Technologies by 0.9% in the fourth quarter. MGO One Seven LLC now owns 3,392 shares of the industrial products company’s stock worth $1,510,000 after acquiring an additional 31 shares during the period. 93.31% of the stock is owned by hedge funds and other institutional investors.

Roper Technologies Stock Performance

NASDAQ:ROP opened at $408.07 on Thursday. The company has a market cap of $41.18 billion, a P/E ratio of 16.90, a P/E/G ratio of 1.76 and a beta of 0.76. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $564.68. The company’s 50-day moving average price is $344.11 and its 200-day moving average price is $352.95. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings data 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. The company had revenue of $2.11 billion during the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The firm’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the company posted $4.87 EPS. 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. On average, sell-side analysts forecast that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

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

Analyst Upgrades and Downgrades

ROP has been the topic of a number of analyst reports. Raymond James Financial cut Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday, July 22nd. Piper Sandler reduced their price target on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a report on Friday, July 24th. Barclays lowered their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. BMO Capital Markets assumed coverage on Roper Technologies in a research report on Friday, July 10th. They issued a “market perform” rating and a $393.00 price objective for the company. Finally, Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Six equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $468.00.

Insider Buying and Selling

In other Roper Technologies news, EVP John K. Stipancich sold 2,000 shares of the business’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction of $758,100.00. Following the transaction, the executive vice president owned 35,634 shares of the company’s stock, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Richard F. Wallman sold 6,434 shares of the business’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $361.00, for a total value of $2,322,674.00. Following the transaction, the director directly owned 7,423 shares in the company, valued at $2,679,703. This trade represents a 46.43% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by corporate insiders.

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.