Taikang Asset Management Hong Kong Co Ltd reduced its position in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 12.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,260 shares of the industrial products company’s stock after selling 2,448 shares during the period. Taikang Asset Management Hong Kong Co Ltd’s holdings in Roper Technologies were worth $7,683,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Triumph Capital Management bought a new stake in shares of Roper Technologies during the 3rd quarter worth $25,000. Tucker Asset Management LLC acquired a new position in Roper Technologies during the 4th quarter valued at $33,000. Board of the Pension Protection Fund acquired a new position in Roper Technologies during the 4th quarter valued at $36,000. Kelleher Financial Advisors acquired a new position in Roper Technologies during the 3rd quarter valued at $40,000. Finally, DT Investment Partners LLC acquired a new position in Roper Technologies during the 4th quarter valued at $46,000. 93.31% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research firms recently commented on ROP. Piper Sandler upped their target price on shares of Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Zacks Research upgraded shares of Roper Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Robert W. Baird upped their target price on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Finally, Royal Bank Of Canada upped their target price on shares of Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Roper Technologies presently has an average rating of “Hold” and an average price target of $472.07.
Roper Technologies Price Performance
NASDAQ:ROP opened at $337.33 on Wednesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.49 and a current ratio of 0.53. The company has a 50-day moving average of $341.07 and a 200-day moving average of $373.12. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $575.77. The company has a market capitalization of $34.04 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 1.52 and a beta of 0.77.
Roper Technologies (NASDAQ:ROP – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.97 by $0.19. The firm had revenue of $2.10 billion during the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same period last year, the company earned $4.78 EPS. 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. As a group, equities research analysts anticipate that Roper Technologies, Inc. will post 21.94 earnings per share for the current fiscal year.
Roper Technologies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Wednesday, July 8th. Roper Technologies’s dividend payout ratio (DPR) 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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