Bank of Montreal Can cut its position in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 2.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 156,343 shares of the industrial products company’s stock after selling 3,701 shares during the quarter. Bank of Montreal Can owned 0.15% of Roper Technologies worth $77,704,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the business. Legal & General Group Plc raised its holdings in Roper Technologies by 3.4% in the 3rd quarter. Legal & General Group Plc now owns 730,810 shares of the industrial products company’s stock valued at $364,448,000 after buying an additional 24,092 shares during the last quarter. Fieldview Capital Management LLC increased its position in Roper Technologies by 135.6% in the 3rd quarter. Fieldview Capital Management LLC now owns 2,731 shares of the industrial products company’s stock valued at $1,362,000 after acquiring an additional 1,572 shares during the period. WINTON GROUP Ltd bought a new position in shares of Roper Technologies during the third quarter valued at $808,000. LGT Fund Management Co Ltd. grew its stake in shares of Roper Technologies by 55.3% in the third quarter. LGT Fund Management Co Ltd. now owns 7,992 shares of the industrial products company’s stock worth $3,980,000 after purchasing an additional 2,846 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in Roper Technologies by 2.4% in the third quarter. Russell Investments Group Ltd. now owns 122,556 shares of the industrial products company’s stock valued at $61,122,000 after purchasing an additional 2,928 shares during the period. Institutional investors own 93.31% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have commented on ROP shares. Argus reiterated a “hold” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. Truist Financial reduced their target price on Roper Technologies from $650.00 to $550.00 and set a “buy” rating on the stock 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 price target on the stock. in a research report on Tuesday, January 27th. Citigroup lowered their target price on shares of Roper Technologies from $575.00 to $450.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Finally, Piper Sandler dropped their target price on shares of Roper Technologies from $600.00 to $530.00 and set an “overweight” rating on the stock in a report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $478.53.
Roper Technologies Stock Performance
Shares of ROP opened at $352.25 on Thursday. Roper Technologies, Inc. has a one year low of $313.07 and a one year high of $594.25. The company has a market cap of $36.26 billion, a PE ratio of 24.81, a P/E/G ratio of 1.69 and a beta of 0.94. The stock has a 50-day moving average of $375.56 and a 200-day moving average of $441.94. 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:ROP – Get Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $5.21 earnings per share 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 business had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same period in the prior year, the business earned $4.81 EPS. The firm’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. On average, equities research analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.
Roper Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Shareholders of record on Monday, April 6th will be issued a dividend of $0.91 per share. The ex-dividend date is Monday, April 6th. This represents a $3.64 annualized dividend and a yield of 1.0%. Roper Technologies’s dividend payout ratio is presently 25.63%.
Insider Buying and Selling at Roper Technologies
In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of Roper Technologies stock in a transaction dated Friday, February 6th. The stock was purchased at an average cost of $358.46 per share, for a total transaction of $501,844.00. Following the completion of the acquisition, the director directly owned 1,400 shares of the company’s stock, valued at $501,844. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.78% of the company’s stock.
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.
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