Rockland Trust Co. lifted its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 7.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,457 shares of the industrial products company’s stock after acquiring an additional 2,862 shares during the quarter. Rockland Trust Co.’s holdings in Roper Technologies were worth $18,009,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Field & Main Bank purchased a new stake in shares of Roper Technologies during the third quarter valued at $25,000. Triumph Capital Management acquired a new position in shares of Roper Technologies in the 3rd quarter valued at $25,000. Asset Dedication LLC increased its stake in Roper Technologies by 800.0% in the 2nd quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 40 shares in the last quarter. Board of the Pension Protection Fund acquired a new stake in Roper Technologies during the 4th quarter worth about $36,000. Finally, Quent Capital LLC acquired a new stake in Roper Technologies during the 3rd quarter worth about $37,000. 93.31% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several brokerages have commented on ROP. Weiss Ratings cut shares of Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, March 11th. Truist Financial reduced their price target on shares of Roper Technologies from $650.00 to $550.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. The Goldman Sachs Group lowered their price objective on shares of Roper Technologies from $507.00 to $440.00 and set a “neutral” rating on the stock in a research report on Thursday, January 29th. JPMorgan Chase & Co. cut their target price on shares of Roper Technologies from $457.00 to $397.00 and set an “underweight” rating on the stock in a research note on Wednesday, January 28th. Finally, TD Cowen restated a “buy” rating on shares of Roper Technologies in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $478.53.
Insider Activity
In related news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the stock in a transaction dated Friday, February 6th. The shares were acquired at an average cost of $358.46 per share, for a total transaction of $501,844.00. Following the acquisition, the director directly owned 1,400 shares in the company, valued at approximately $501,844. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.87% of the stock is owned by company insiders.
Roper Technologies Price Performance
Shares of ROP opened at $353.86 on Wednesday. The company has a market capitalization of $36.42 billion, a price-to-earnings ratio of 24.92, a P/E/G ratio of 1.68 and a beta of 0.94. Roper Technologies, Inc. has a fifty-two week low of $313.07 and a fifty-two week high of $593.00. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.52 and a quick ratio of 0.48. The business’s 50-day moving average is $353.96 and its 200-day moving average is $424.42.
Roper Technologies (NASDAQ:ROP – Get Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, topping the consensus estimate of $5.14 by $0.07. Roper Technologies had a net margin of 19.44% and a return on equity of 10.99%. The business had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same period last year, the company posted $4.81 earnings per share. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. Roper Technologies has set its FY 2026 guidance at 21.300-21.550 EPS and its Q1 2026 guidance at 4.950-5.000 EPS. Equities research analysts expect that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.
Roper Technologies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 22nd. Shareholders of record on Monday, April 6th will be paid a dividend of $0.91 per share. The ex-dividend date of this dividend is Monday, April 6th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio (DPR) is 25.63%.
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.
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