Fort Washington Investment Advisors Inc. OH cut its holdings in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 24.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 141,584 shares of the industrial products company’s stock after selling 46,994 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Roper Technologies were worth $50,101,000 at the end of the most recent reporting period.
Several other hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake 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 last quarter. State Street Corp lifted its stake in shares of Roper Technologies by 2.1% in the 4th quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock valued at $2,266,604,000 after purchasing an additional 105,250 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Roper Technologies by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after purchasing an additional 22,335 shares during the period. Norges Bank purchased a new position in shares of Roper Technologies during the 4th quarter worth $1,112,873,000. Finally, Invesco Ltd. increased its position in shares of Roper Technologies by 11.0% during the 4th quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock worth $828,821,000 after purchasing an additional 184,644 shares during the last quarter. 93.31% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
ROP has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Roper Technologies in a research report on Monday, June 8th. Barclays dropped their price target on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. Piper Sandler boosted their price target 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. Royal Bank Of Canada increased their price objective on shares of 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, Robert W. Baird lifted their target price on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $472.07.
Roper Technologies Stock Up 1.8%
Shares of NASDAQ:ROP opened at $338.31 on Friday. The firm has a market capitalization of $34.14 billion, a PE ratio of 21.13, a price-to-earnings-growth ratio of 1.54 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 firm’s 50-day moving average is $337.29 and its two-hundred day moving average is $367.22.
Roper Technologies (NASDAQ:ROP – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, beating the consensus estimate of $4.97 by $0.19. The business 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 company’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the previous year, the business posted $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. Analysts predict that Roper Technologies, Inc. will post 21.95 EPS for the current year.
Roper Technologies Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be paid 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%.
Roper Technologies Company Profile
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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