Roper Technologies, Inc. $ROP Shares Sold by King Luther Capital Management Corp

King Luther Capital Management Corp trimmed its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 2.1% during the third quarter, HoldingsChannel.com reports. The fund owned 490,252 shares of the industrial products company’s stock after selling 10,266 shares during the period. Roper Technologies makes up approximately 1.0% of King Luther Capital Management Corp’s holdings, making the stock its 24th biggest position. King Luther Capital Management Corp’s holdings in Roper Technologies were worth $244,484,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of ROP. Trust Co. of Vermont increased its stake in Roper Technologies by 1.8% in the 3rd quarter. Trust Co. of Vermont now owns 1,106 shares of the industrial products company’s stock worth $552,000 after purchasing an additional 20 shares in the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of Roper Technologies by 1.3% in the second quarter. First Horizon Advisors Inc. now owns 1,668 shares of the industrial products company’s stock worth $946,000 after buying an additional 21 shares during the period. Harbour Investments Inc. increased its position in shares of Roper Technologies by 17.3% in the second quarter. Harbour Investments Inc. now owns 156 shares of the industrial products company’s stock worth $88,000 after acquiring an additional 23 shares in the last quarter. Vermillion & White Wealth Management Group LLC raised its holdings in shares of Roper Technologies by 89.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 25 shares during the period. Finally, Cornerstone Planning Group LLC lifted its position in shares of Roper Technologies by 36.8% in the 3rd quarter. Cornerstone Planning Group LLC now owns 93 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 25 shares in the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on ROP shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Roper Technologies in a research report on Friday, October 31st. Robert W. Baird set a $550.00 target price on Roper Technologies in a research report on Wednesday, January 28th. Argus reissued a “hold” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. Mizuho decreased their price objective on Roper Technologies from $419.00 to $365.00 and set an “underperform” rating for the company in a research report on Wednesday, January 28th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $385.00 target price (down previously from $550.00) on shares of Roper Technologies in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $478.53.

Roper Technologies Price Performance

Shares of NASDAQ:ROP opened at $327.60 on Thursday. The firm has a market cap of $35.26 billion, a price-to-earnings ratio of 23.07, a P/E/G ratio of 1.51 and a beta of 0.92. Roper Technologies, Inc. has a 1 year low of $313.07 and a 1 year high of $595.17. 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 business has a fifty day simple moving average of $404.82 and a 200 day simple moving average of $461.02.

Roper Technologies (NASDAQ:ROP) last issued its earnings results on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, beating analysts’ consensus estimates of $5.14 by $0.07. Roper Technologies had a return on equity of 10.99% and a net margin of 19.44%.The firm had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the previous year, the company posted $4.81 earnings per share. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. 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, sell-side analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were purchased 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 in the company, valued at $501,844. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.78% of the company’s stock.

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.