Park Place Capital Corp Sells 3,511 Shares of Roper Technologies, Inc. $ROP

Park Place Capital Corp reduced its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 98.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 68 shares of the industrial products company’s stock after selling 3,511 shares during the period. Park Place Capital Corp’s holdings in Roper Technologies were worth $30,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC bought a new stake in Roper Technologies in the 4th quarter valued at $203,000. Empowered Funds LLC boosted its holdings in shares of Roper Technologies by 11.7% during the 1st quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company’s stock valued at $1,832,000 after purchasing an additional 326 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Roper Technologies by 2.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 721,439 shares of the industrial products company’s stock valued at $408,940,000 after purchasing an additional 15,967 shares during the last quarter. Prudential Financial Inc. grew its position in shares of Roper Technologies by 12.8% during the second quarter. Prudential Financial Inc. now owns 70,443 shares of the industrial products company’s stock valued at $39,930,000 after purchasing an additional 7,984 shares in the last quarter. Finally, Global Retirement Partners LLC bought a new stake in shares of Roper Technologies in the second quarter worth about $356,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Trading Down 2.1%

ROP opened at $345.93 on Wednesday. Roper Technologies, Inc. has a 12 month low of $313.07 and a 12 month high of $594.25. 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 stock has a 50-day moving average of $360.49 and a 200 day moving average of $430.32. The firm has a market cap of $35.61 billion, a P/E ratio of 24.36, a P/E/G ratio of 1.69 and a beta of 0.94.

Roper Technologies (NASDAQ:ROP) last announced its earnings results on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the previous year, the business earned $4.81 EPS. The company’s quarterly revenue 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, research analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Shareholders of record on Monday, April 6th will be given 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 yield of 1.1%. Roper Technologies’s payout ratio is 25.63%.

Insider Buying and Selling at Roper Technologies

In other news, Director Thomas Patrick Joyce, Jr. bought 1,400 shares of the stock in a transaction dated Friday, February 6th. The stock was purchased at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the acquisition, the director owned 1,400 shares of the company’s stock, valued at $501,844. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.87% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Piper Sandler decreased their target price on Roper Technologies from $600.00 to $530.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 13th. Weiss Ratings downgraded Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, March 11th. Stifel Nicolaus reaffirmed a “hold” rating and set a $385.00 price objective (down from $550.00) on shares of Roper Technologies in a report on Tuesday, January 27th. Barclays lowered their target price on Roper Technologies from $475.00 to $409.00 and set an “underweight” rating for the company in a research report on Wednesday, January 28th. Finally, Truist Financial reduced their price target on shares of Roper Technologies from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $478.53.

Roper Technologies 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.