Assetmark Inc. reduced its stake in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 76.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,791 shares of the industrial products company’s stock after selling 8,949 shares during the quarter. Assetmark Inc.’s holdings in Roper Technologies were worth $988,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of the stock. Empire Life Investments Inc. lifted its position in Roper Technologies by 38.5% during the fourth quarter. Empire Life Investments Inc. now owns 45,517 shares of the industrial products company’s stock worth $20,261,000 after purchasing an additional 12,645 shares during the period. Vanguard Group Inc. increased its holdings in Roper Technologies by 12.5% in the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock valued at $5,553,932,000 after buying an additional 1,384,656 shares during the period. BNP Paribas Financial Markets raised its position in shares of Roper Technologies by 31.6% in the 4th quarter. BNP Paribas Financial Markets now owns 444,950 shares of the industrial products company’s stock valued at $198,061,000 after buying an additional 106,902 shares in the last quarter. Mattern Capital Management LLC lifted its holdings in shares of Roper Technologies by 36.6% during the 4th quarter. Mattern Capital Management LLC now owns 18,516 shares of the industrial products company’s stock worth $8,242,000 after acquiring an additional 4,966 shares during the period. Finally, Horizon Investments LLC lifted its holdings in shares of Roper Technologies by 94.7% during the 4th quarter. Horizon Investments LLC now owns 9,519 shares of the industrial products company’s stock worth $4,229,000 after acquiring an additional 4,629 shares during the period. 93.31% of the stock is currently owned by institutional investors and hedge funds.
Roper Technologies Stock Performance
Shares of Roper Technologies stock opened at $367.34 on Friday. The company’s 50 day moving average price is $340.29 and its two-hundred day moving average price is $354.44. The firm has a market capitalization of $37.07 billion, a P/E ratio of 15.22, a P/E/G ratio of 1.65 and a beta of 0.76. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $564.68. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.49.
Roper Technologies Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were paid a $0.91 dividend. The ex-dividend date of this dividend was Wednesday, July 8th. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio is currently 15.08%.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on ROP. Zacks Research cut shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Robert W. Baird set a $480.00 target price on Roper Technologies in a research note on Friday. Raymond James Financial downgraded Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday. BMO Capital Markets initiated coverage on Roper Technologies in a research note on Friday, July 10th. They issued a “market perform” rating and a $393.00 price target on the stock. Finally, Barclays lowered their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a report on Friday, April 24th. Six research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Roper Technologies presently has a consensus rating of “Hold” and a consensus price target of $466.88.
Read Our Latest Stock Analysis on Roper Technologies
Key Roper Technologies News
Here are the key news stories impacting Roper Technologies this week:
- Positive Sentiment: Roper posted Q2 adjusted EPS of $5.38, topping the $5.29 consensus, while revenue rose 8.5% year over year to $2.11 billion, signaling solid operational momentum. Roper Technologies Lifts 2026 Targets, 2Q Profit, Revenues Rise
- Positive Sentiment: The company raised full-year 2026 guidance, now expecting EPS of $22.15 to $22.30 and Q3 EPS of $5.75 to $5.80, both above prior Wall Street expectations. Roper Technologies raises annual profit forecast on AI software demand 2026-07-23
- Positive Sentiment: Management said demand is benefiting from AI-integrated software products, reinforcing the growth story in its software-focused businesses. Roper Q2 Earnings Top Estimates, Application Software Sales Up Y/Y
- Neutral Sentiment: Piper Sandler trimmed its price target to $526 from $540, but kept an Overweight rating, suggesting the firm still sees meaningful upside from current levels.
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.
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