Squarepoint Ops LLC increased its holdings in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 1,172.3% in the 3rd quarter, Holdings Channel reports. The fund owned 329,220 shares of the industrial products company’s stock after buying an additional 303,344 shares during the quarter. Squarepoint Ops LLC’s holdings in Roper Technologies were worth $164,179,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Norges Bank bought a new stake in Roper Technologies during the second quarter worth about $1,064,718,000. JPMorgan Chase & Co. lifted its holdings in shares of Roper Technologies by 62.5% during the third quarter. JPMorgan Chase & Co. now owns 1,585,732 shares of the industrial products company’s stock valued at $790,789,000 after purchasing an additional 610,089 shares during the last quarter. Flossbach Von Storch SE lifted its holdings in shares of Roper Technologies by 130.3% during the third quarter. Flossbach Von Storch SE now owns 896,161 shares of the industrial products company’s stock valued at $446,907,000 after purchasing an additional 507,083 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Roper Technologies by 555.4% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 542,110 shares of the industrial products company’s stock worth $307,290,000 after purchasing an additional 459,396 shares in the last quarter. Finally, Van ECK Associates Corp purchased a new stake in shares of Roper Technologies in the 3rd quarter worth approximately $200,009,000. 93.31% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
ROP has been the subject of a number of recent research reports. Jefferies Financial Group set a $500.00 price objective on Roper Technologies in a research note on Wednesday, January 28th. Truist Financial reduced their price target on Roper Technologies from $650.00 to $550.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. Mizuho lowered their price target 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. Stifel Nicolaus reiterated a “hold” rating and issued a $385.00 price target (down from $550.00) on shares of Roper Technologies in a research note on Tuesday, January 27th. Finally, TD Cowen reissued a “buy” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Roper Technologies has an average rating of “Hold” and an average price target of $478.53.
Insiders Place Their Bets
In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of the stock in a transaction dated Friday, February 6th. The shares were acquired at an average cost of $358.46 per share, for a total transaction of $501,844.00. Following the completion of the transaction, the director directly 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 purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.78% of the company’s stock.
Roper Technologies Price Performance
NASDAQ ROP opened at $351.00 on Friday. The stock has a market capitalization of $36.13 billion, a price-to-earnings ratio of 24.72, a PEG ratio of 1.66 and a beta of 0.94. Roper Technologies, Inc. has a 1-year low of $313.07 and a 1-year high of $594.25. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.52 and a quick ratio of 0.48. The business’s fifty day moving average price is $371.92 and its 200-day moving average price is $440.03.
Roper Technologies (NASDAQ:ROP – Get Free Report) last released its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $2.09 billion. During the same quarter in the prior year, the firm earned $4.81 EPS. The business’s revenue for the quarter 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. On average, equities analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.
Roper Technologies Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Monday, April 6th will be paid a dividend of $0.91 per share. The ex-dividend date is Monday, April 6th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. Roper Technologies’s payout ratio is 25.63%.
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.
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