First Trust Advisors LP Buys 48,054 Shares of Roper Technologies, Inc. $ROP

First Trust Advisors LP lifted its stake in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 14.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 376,046 shares of the industrial products company’s stock after purchasing an additional 48,054 shares during the period. First Trust Advisors LP’s holdings in Roper Technologies were worth $187,530,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Field & Main Bank bought a new stake in shares of Roper Technologies during the third quarter worth $25,000. Asset Dedication LLC increased its position in Roper Technologies by 800.0% in the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 40 shares during the period. Vermillion & White Wealth Management Group LLC increased its position in Roper Technologies by 89.3% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 25 shares during the period. Quent Capital LLC bought a new stake in Roper Technologies during the 3rd quarter worth about $37,000. Finally, CoreFirst Bank & Trust acquired a new position in Roper Technologies during the 2nd quarter valued at about $39,000. Institutional investors own 93.31% of the company’s stock.

Insider Activity at Roper Technologies

In other news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was acquired at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the transaction, the director directly owned 1,400 shares in the company, valued at approximately $501,844. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.78% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Piper Sandler lowered their price target on shares of Roper Technologies from $600.00 to $530.00 and set an “overweight” rating for the company in a research report on Tuesday, January 13th. Jefferies Financial Group set a $500.00 price objective on shares of Roper Technologies in a report on Wednesday, January 28th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $385.00 price objective (down from $550.00) on shares of Roper Technologies in a research note on Tuesday, January 27th. Barclays lowered their target price on shares of Roper Technologies from $475.00 to $409.00 and set an “underweight” rating for the company in a report on Wednesday, January 28th. Finally, Citigroup cut their price target on Roper Technologies from $575.00 to $450.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Roper Technologies presently has a consensus rating of “Hold” and an average price target of $478.53.

Read Our Latest Stock Analysis on ROP

Roper Technologies Stock Performance

Shares of NASDAQ:ROP opened at $367.50 on Friday. The firm’s 50 day simple moving average is $381.10 and its 200 day simple moving average is $445.68. Roper Technologies, Inc. has a fifty-two week low of $313.07 and a fifty-two week high of $594.25. The company has a market capitalization of $37.83 billion, a price-to-earnings ratio of 25.88, a P/E/G ratio of 1.76 and a beta of 0.94. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.52 and a quick ratio of 0.48.

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

Roper Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Monday, April 6th will be issued a $0.91 dividend. The ex-dividend date of this dividend is Monday, April 6th. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. Roper Technologies’s payout ratio is 25.63%.

About Roper Technologies

(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.

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

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