Rakuten Investment Management Inc. reduced its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 7.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,969 shares of the industrial products company’s stock after selling 1,508 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Roper Technologies were worth $9,003,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of ROP. Norges Bank bought a new stake in Roper Technologies during the fourth quarter worth $1,112,873,000. Vanguard Group Inc. lifted its holdings in Roper Technologies by 12.5% during the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after acquiring an additional 1,384,656 shares during the period. OpenArc Corporate Advisory LLC bought a new stake in Roper Technologies during the fourth quarter worth $367,567,000. JPMorgan Chase & Co. lifted its holdings in Roper Technologies by 62.5% during the third quarter. JPMorgan Chase & Co. now owns 1,585,732 shares of the industrial products company’s stock worth $790,789,000 after acquiring an additional 610,089 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in Roper Technologies by 131.6% during the third quarter. Qube Research & Technologies Ltd now owns 750,800 shares of the industrial products company’s stock worth $374,416,000 after acquiring an additional 426,648 shares during the period. 93.31% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of analysts recently commented on the company. Royal Bank Of Canada lifted their price target on Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Piper Sandler boosted their target price on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Robert W. Baird boosted their target price on Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Barclays lowered their target price 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. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $472.07.
Roper Technologies Stock Performance
Shares of ROP opened at $337.33 on Wednesday. The firm has a market cap of $34.04 billion, a PE ratio of 21.07, a PEG ratio of 1.52 and a beta of 0.77. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $575.77. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.49. The stock’s fifty day moving average price is $341.07 and its two-hundred day moving average price is $373.12.
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.97 by $0.19. The company had revenue of $2.10 billion during the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.Roper Technologies’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm posted $4.78 earnings per share. 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. On average, equities research analysts forecast that Roper Technologies, Inc. will post 21.94 EPS for the current year.
Roper Technologies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be given a $0.91 dividend. The ex-dividend date is Wednesday, July 8th. This represents a $3.64 annualized dividend and a dividend yield of 1.1%. Roper Technologies’s payout ratio is 22.74%.
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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