Candriam S.C.A. cut its position in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 54.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 13,446 shares of the industrial products company’s stock after selling 15,980 shares during the period. Candriam S.C.A.’s holdings in Roper Technologies were worth $4,758,000 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. Norges Bank acquired a new stake in shares of Roper Technologies during the fourth quarter valued at approximately $1,112,873,000. Vanguard Group Inc. boosted its stake in Roper Technologies by 12.5% in the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after purchasing an additional 1,384,656 shares during the period. OpenArc Corporate Advisory LLC acquired a new position in Roper Technologies in the 4th quarter worth approximately $367,567,000. AQR Capital Management LLC grew its position in Roper Technologies by 194.6% during the 4th quarter. AQR Capital Management LLC now owns 772,347 shares of the industrial products company’s stock worth $343,795,000 after purchasing an additional 510,138 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its position in Roper Technologies by 131.6% during the 3rd quarter. Qube Research & Technologies Ltd now owns 750,800 shares of the industrial products company’s stock worth $374,416,000 after purchasing an additional 426,648 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research firms have recently issued reports on ROP. Zacks Research lowered Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. BMO Capital Markets began coverage on Roper Technologies in a report on Friday. They set a “market perform” rating and a $393.00 price target on the stock. Barclays dropped their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Weiss Ratings reissued a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Finally, Royal Bank Of Canada raised their price objective on Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Roper Technologies has an average rating of “Hold” and a consensus price target of $467.12.
Roper Technologies Trading Up 1.3%
Roper Technologies stock opened at $360.59 on Tuesday. Roper Technologies, Inc. has a 12 month low of $305.96 and a 12 month high of $566.24. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.52. The stock has a market cap of $36.39 billion, a P/E ratio of 22.52, a P/E/G ratio of 1.62 and a beta of 0.76. The company’s fifty day simple moving average is $336.59 and its 200-day simple moving average is $359.64.
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly earnings data 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 business 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 was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the business 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. As a group, sell-side analysts forecast that Roper Technologies, Inc. will post 21.95 EPS for the current fiscal year.
Roper Technologies Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be paid a dividend of $0.91 per share. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. 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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