Allspring Global Investments Holdings LLC Sells 1,695 Shares of Roper Technologies, Inc. $ROP

Allspring Global Investments Holdings LLC trimmed its position in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 25.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,860 shares of the industrial products company’s stock after selling 1,695 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Roper Technologies were worth $2,112,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Field & Main Bank bought a new stake in shares of Roper Technologies during the third quarter worth $25,000. Triumph Capital Management bought a new stake in shares of Roper Technologies during the third quarter worth $25,000. Asset Dedication LLC grew its stake in shares of Roper Technologies by 800.0% during the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock worth $26,000 after buying an additional 40 shares during the last quarter. Board of the Pension Protection Fund bought a new stake in shares of Roper Technologies during the fourth quarter worth $36,000. Finally, Quent Capital LLC bought a new stake in shares of Roper Technologies during the third quarter worth $37,000. 93.31% of the stock is owned by institutional investors.

Analyst Ratings Changes

ROP has been the topic of a number of research reports. Weiss Ratings cut shares of Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, March 11th. JPMorgan Chase & Co. decreased their target price on shares of Roper Technologies from $457.00 to $397.00 and set an “underweight” rating on the stock in a research note on Wednesday, January 28th. Jefferies Financial Group set a $500.00 target price on shares of Roper Technologies in a research note on Wednesday, January 28th. Argus reaffirmed a “hold” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Finally, Royal Bank Of Canada decreased their target price on shares of Roper Technologies from $539.00 to $398.00 and set a “sector perform” rating on the stock in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $476.60.

Check Out Our Latest Stock Analysis on ROP

Roper Technologies Price Performance

Shares of NASDAQ:ROP opened at $355.85 on Thursday. The firm has a market cap of $36.63 billion, a PE ratio of 25.06, a price-to-earnings-growth ratio of 1.71 and a beta of 0.89. The firm’s fifty day moving average is $349.73 and its 200-day moving average is $418.76. 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, Inc. has a 52 week low of $313.07 and a 52 week high of $584.03.

Roper Technologies (NASDAQ:ROPGet Free Report) last issued its quarterly 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. The company had revenue of $2.06 billion for 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%. Roper Technologies’s revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.81 earnings per share. 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. Sell-side analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Dividend Announcement

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

Insider Activity at Roper Technologies

In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were bought at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the completion of the acquisition, the director owned 1,400 shares in the company, valued at approximately $501,844. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.78% of the company’s stock.

Roper Technologies Company 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.

See Also

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.