Envestnet Asset Management Inc. Sells 19,562 Shares of Roper Technologies, Inc. $ROP

Envestnet Asset Management Inc. reduced its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 6.3% in the third quarter, HoldingsChannel.com reports. The fund owned 290,070 shares of the industrial products company’s stock after selling 19,562 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Roper Technologies were worth $144,655,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Field & Main Bank acquired a new position in Roper Technologies in the third quarter valued at approximately $25,000. Asset Dedication LLC increased its stake in shares of Roper Technologies by 800.0% in the 2nd quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 40 shares in the last quarter. Vermillion & White Wealth Management Group LLC lifted its position in shares of Roper Technologies by 89.3% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 25 shares during the period. Quent Capital LLC acquired a new stake in Roper Technologies in the third quarter worth $37,000. Finally, CoreFirst Bank & Trust acquired a new stake in Roper Technologies in the second quarter worth $39,000. 93.31% of the stock is owned by institutional investors and hedge funds.

Roper Technologies Stock Performance

NASDAQ ROP opened at $362.42 on Friday. The company has a fifty day moving average price of $423.12 and a 200-day moving average price of $474.29. The firm has a market cap of $39.01 billion, a price-to-earnings ratio of 25.52, a PEG ratio of 1.68 and a beta of 0.92. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.52 and a quick ratio of 0.48. Roper Technologies, Inc. has a 1 year low of $343.92 and a 1 year high of $595.17.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $5.21 earnings per share for the quarter, beating analysts’ consensus estimates of $5.14 by $0.07. The company had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.09 billion. Roper Technologies had a net margin of 19.44% and a return on equity of 10.99%. The firm’s revenue was up 9.7% on a year-over-year basis. During the same period last year, the firm earned $4.81 earnings per share. 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. As a group, equities research analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ROP. Citigroup cut their price objective on shares of Roper Technologies from $575.00 to $450.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. TD Cowen reissued a “buy” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Piper Sandler lowered their target price on Roper Technologies from $600.00 to $530.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 13th. Finally, Jefferies Financial Group set a $500.00 price target on shares of Roper Technologies in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $478.53.

Insider Activity

In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was bought at an average cost of $358.46 per share, with a total value of $501,844.00. Following the completion of the transaction, the director owned 1,400 shares of the company’s stock, valued at $501,844. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Amy Woods Brinkley acquired 1,200 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was acquired at an average cost of $450.71 per share, for a total transaction of $540,852.00. Following the transaction, the director owned 18,184 shares of the company’s stock, valued at approximately $8,195,710.64. The trade was a 7.07% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 12,600 shares of company stock valued at $5,564,996 over the last three months. Corporate insiders own 0.78% of the company’s stock.

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.