Roper Technologies, Inc. $ROP Stock Position Raised by Handelsbanken Fonder AB

Handelsbanken Fonder AB increased its position in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 11.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 38,613 shares of the industrial products company’s stock after purchasing an additional 4,086 shares during the period. Handelsbanken Fonder AB’s holdings in Roper Technologies were worth $19,256,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Roper Technologies by 1.8% in the third quarter. Vanguard Group Inc. now owns 11,092,444 shares of the industrial products company’s stock worth $5,531,691,000 after buying an additional 195,545 shares during the period. State Street Corp lifted its stake in Roper Technologies by 2.1% in the 2nd quarter. State Street Corp now owns 4,940,058 shares of the industrial products company’s stock worth $2,800,222,000 after acquiring an additional 101,033 shares in the last quarter. Geode Capital Management LLC boosted its position in Roper Technologies by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 2,574,503 shares of the industrial products company’s stock worth $1,453,557,000 after acquiring an additional 27,386 shares during the period. Principal Financial Group Inc. boosted its position in Roper Technologies by 2.2% during the 3rd quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company’s stock worth $1,273,387,000 after acquiring an additional 54,221 shares during the period. Finally, Norges Bank purchased a new position in Roper Technologies during the 2nd quarter valued at about $1,064,718,000. 93.31% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Roper Technologies

In related 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 acquired at an average cost of $358.46 per share, with a total value of $501,844.00. Following the purchase, the director owned 1,400 shares of the company’s stock, valued at approximately $501,844. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ROP shares. Mizuho reduced their price target on shares of Roper Technologies from $419.00 to $365.00 and set an “underperform” rating for the company in a research report on Wednesday, January 28th. Truist Financial dropped their price objective on shares of Roper Technologies from $650.00 to $550.00 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Stifel Nicolaus reissued a “hold” rating and set a $385.00 target price (down from $550.00) on shares of Roper Technologies in a research note on Tuesday, January 27th. JPMorgan Chase & Co. lowered their price target on shares of Roper Technologies from $457.00 to $397.00 and set an “underweight” rating on the stock in a report on Wednesday, January 28th. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $478.53.

Read Our Latest Analysis on Roper Technologies

Roper Technologies Stock Performance

ROP stock opened at $349.73 on Friday. The firm has a 50 day moving average of $390.03 and a two-hundred day moving average of $451.53. Roper Technologies, Inc. has a 12 month low of $313.07 and a 12 month high of $595.17. The company has a market capitalization of $36.00 billion, a price-to-earnings ratio of 24.63, a P/E/G ratio of 1.67 and a beta of 0.92. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 0.43.

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

Roper Technologies Dividend Announcement

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

Roper Technologies 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

Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NASDAQ:ROPFree Report).

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

Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.