ING Groep NV raised its position in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 175.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 118,749 shares of the industrial products company’s stock after buying an additional 75,675 shares during the quarter. ING Groep NV owned about 0.11% of Roper Technologies worth $59,219,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in the company. Field & Main Bank acquired a new position in shares of Roper Technologies during the third quarter worth about $25,000. Asset Dedication LLC boosted its holdings in 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 purchasing an additional 40 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its holdings in Roper Technologies by 89.3% in 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 purchasing an additional 25 shares in the last quarter. Quent Capital LLC purchased a new position in shares of Roper Technologies during the 3rd quarter worth approximately $37,000. Finally, CoreFirst Bank & Trust acquired a new stake in shares of Roper Technologies in the 2nd quarter valued at approximately $39,000. Institutional investors and hedge funds own 93.31% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the company. JPMorgan Chase & Co. dropped their price objective on Roper Technologies from $457.00 to $397.00 and set an “underweight” rating on the stock in a report on Wednesday, January 28th. Stifel Nicolaus reaffirmed a “hold” rating and set a $385.00 price target (down from $550.00) on shares of Roper Technologies in a research note on Tuesday, January 27th. Citigroup reduced their price objective on shares of Roper Technologies from $575.00 to $450.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Raymond James Financial decreased their price objective on shares of Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating on the stock in a report on Friday, October 24th. Finally, Robert W. Baird set a $550.00 target price on shares of Roper Technologies in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $478.53.
Insider Buying and Selling
In related news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the company’s stock in a transaction on Friday, February 6th. The stock was bought at an average price 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 approximately $501,844. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.87% of the company’s stock.
Roper Technologies Stock Performance
NASDAQ:ROP opened at $348.84 on Wednesday. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $37.55 billion, a P/E ratio of 24.57, a price-to-earnings-growth ratio of 1.69 and a beta of 0.93. The firm has a 50-day moving average price of $419.38 and a two-hundred day moving average price of $470.10. Roper Technologies, Inc. has a twelve month low of $343.92 and a twelve month high of $595.17.
Roper Technologies (NASDAQ:ROP – Get Free Report) last released its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $2.09 billion. During the same period in the prior year, the business earned $4.81 earnings per share. The company’s quarterly revenue was up 9.7% on a year-over-year basis. 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, research analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.
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.
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