National Pension Service cut its holdings in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 32.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 180,795 shares of the industrial products company’s stock after selling 88,609 shares during the period. National Pension Service’s holdings in Roper Technologies were worth $80,477,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of ROP. Vanguard Group Inc. raised its stake in Roper Technologies by 12.5% in 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 in the last quarter. JPMorgan Chase & Co. raised its stake in Roper Technologies by 62.5% in the third quarter. JPMorgan Chase & Co. now owns 1,585,732 shares of the industrial products company’s stock valued at $790,789,000 after buying an additional 610,089 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in Roper Technologies by 131.6% in the third quarter. Qube Research & Technologies Ltd now owns 750,800 shares of the industrial products company’s stock valued at $374,416,000 after buying an additional 426,648 shares in the last quarter. Van ECK Associates Corp acquired a new stake in Roper Technologies in the third quarter valued at $200,009,000. Finally, SG Americas Securities LLC raised its stake in Roper Technologies by 726.0% in the fourth quarter. SG Americas Securities LLC now owns 408,775 shares of the industrial products company’s stock valued at $181,958,000 after buying an additional 359,286 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
ROP has been the topic of a number of analyst reports. Piper Sandler raised their price target on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Royal Bank Of Canada raised their price target on Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Barclays cut their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research note on Friday, April 24th. Robert W. Baird raised their price target on Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Finally, Zacks Research upgraded Roper Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $472.07.
Roper Technologies Stock Up 1.8%
ROP opened at $325.53 on Friday. The business’s 50-day simple moving average is $345.25 and its 200-day simple moving average is $382.95. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.49 and a current ratio of 0.53. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $576.49. The stock has a market capitalization of $32.85 billion, a P/E ratio of 20.33, a price-to-earnings-growth ratio of 1.48 and a beta of 0.81.
Roper Technologies (NASDAQ:ROP – Get Free Report) last posted its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, topping analysts’ consensus estimates of $4.97 by $0.19. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The business had revenue of $2.10 billion for the quarter. During the same quarter last year, the firm posted $4.78 EPS. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. 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. Analysts anticipate that Roper Technologies, Inc. will post 21.94 EPS for the current year.
Roper Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be given a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, July 8th. Roper Technologies’s payout ratio is 22.74%.
Roper Technologies 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.
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