Tandem Investment Advisors Inc. Sells 9,211 Shares of Roper Technologies, Inc. $ROP

Tandem Investment Advisors Inc. lowered its position in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 4.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 212,009 shares of the industrial products company’s stock after selling 9,211 shares during the quarter. Roper Technologies comprises about 3.7% of Tandem Investment Advisors Inc.’s portfolio, making the stock its 12th largest position. Tandem Investment Advisors Inc.’s holdings in Roper Technologies were worth $75,022,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Triumph Capital Management bought a new position in Roper Technologies during the 3rd quarter valued at about $25,000. Private Wealth Management Group LLC raised its position in Roper Technologies by 195.8% in the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 47 shares during the period. Tucker Asset Management LLC bought a new stake in Roper Technologies in the fourth quarter worth about $33,000. Board of the Pension Protection Fund purchased a new position in shares of Roper Technologies during the fourth quarter valued at approximately $36,000. Finally, Kelleher Financial Advisors purchased a new position in shares of Roper Technologies during the third quarter valued at approximately $40,000. Institutional investors own 93.31% of the company’s stock.

Wall Street Analysts Forecast Growth

ROP has been the topic of several recent analyst reports. Robert W. Baird increased their price target on Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. Piper Sandler upped their price objective on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Royal Bank Of Canada lifted their target price 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. Finally, Zacks Research lowered shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, Roper Technologies presently has a consensus rating of “Hold” and a consensus target price of $467.12.

Check Out Our Latest Research Report on ROP

Roper Technologies Price Performance

ROP opened at $363.14 on Friday. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $566.24. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. The business’s fifty day simple moving average is $336.99 and its 200-day simple moving average is $357.61. The company has a market capitalization of $36.65 billion, a price-to-earnings ratio of 22.68, a PEG ratio of 1.65 and a beta of 0.76.

Roper Technologies (NASDAQ:ROPGet Free Report) last released its quarterly earnings data 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. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The firm had revenue of $2.10 billion during the quarter. During the same quarter in the previous year, the firm earned $4.78 earnings per share. The business’s revenue was up 11.3% compared to the same quarter last year. 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 anticipate that Roper Technologies, Inc. will post 21.95 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be issued a $0.91 dividend. The ex-dividend date is Wednesday, July 8th. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. Roper Technologies’s payout ratio is currently 22.74%.

Roper Technologies Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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