Citigroup Inc. Sells 88,037 Shares of Roper Technologies, Inc. $ROP

Citigroup Inc. cut its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 32.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 186,416 shares of the industrial products company’s stock after selling 88,037 shares during the quarter. Citigroup Inc. owned 0.17% of Roper Technologies worth $92,964,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ROP. Tredje AP fonden bought a new stake in Roper Technologies in the 3rd quarter worth approximately $32,691,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of Roper Technologies by 2.2% during the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,555 shares of the industrial products company’s stock valued at $775,000 after buying an additional 34 shares during the period. China Universal Asset Management Co. Ltd. boosted its stake in shares of Roper Technologies by 16.4% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 2,841 shares of the industrial products company’s stock worth $1,417,000 after buying an additional 400 shares during the last quarter. ICICI Prudential Asset Management Co Ltd grew its holdings in shares of Roper Technologies by 22.6% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 1,652 shares of the industrial products company’s stock worth $824,000 after acquiring an additional 305 shares during the period. Finally, Burling Wealth Partners LLC increased its position in Roper Technologies by 10.1% during the third quarter. Burling Wealth Partners LLC now owns 11,428 shares of the industrial products company’s stock valued at $5,699,000 after acquiring an additional 1,049 shares during the last quarter. Institutional investors own 93.31% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Truist Financial cut 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. Melius Research downgraded shares of Roper Technologies from a “buy” rating to a “hold” rating and set a $479.00 target price for the company. in a report on Tuesday, January 27th. TD Cowen reiterated a “buy” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Argus reiterated a “hold” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. Finally, The Goldman Sachs Group dropped their price target on Roper Technologies from $507.00 to $440.00 and set a “neutral” rating for the company in a research note on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $478.53.

Insider Buying and Selling at Roper Technologies

In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was purchased 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.87% of the company’s stock.

Roper Technologies Stock Performance

NASDAQ:ROP opened at $335.79 on Monday. The firm has a market capitalization of $36.14 billion, a PE ratio of 23.65, a PEG ratio of 1.61 and a beta of 0.93. The stock’s fifty day moving average is $400.34 and its 200 day moving average is $457.52. Roper Technologies, Inc. has a fifty-two week low of $313.07 and a fifty-two week high of $595.17. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.48 and a current ratio of 0.52.

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

Roper Technologies Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Monday, April 6th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.1%. Roper Technologies’s dividend payout ratio is currently 25.63%.

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.