PNC Financial Services Group Inc. Sells 1,976 Shares of Roper Technologies, Inc. $ROP

PNC Financial Services Group Inc. decreased its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 5.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,496 shares of the industrial products company’s stock after selling 1,976 shares during the period. PNC Financial Services Group Inc.’s holdings in Roper Technologies were worth $15,707,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Johnson Investment Counsel Inc. boosted its holdings in shares of Roper Technologies by 2.8% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 162,291 shares of the industrial products company’s stock worth $80,933,000 after purchasing an additional 4,479 shares during the period. Corbyn Investment Management Inc. MD bought a new stake in Roper Technologies in the second quarter worth $567,000. Stephens Inc. AR boosted its stake in Roper Technologies by 36.5% during the third quarter. Stephens Inc. AR now owns 14,117 shares of the industrial products company’s stock worth $7,040,000 after buying an additional 3,773 shares during the period. ING Groep NV boosted its stake in Roper Technologies by 175.7% during the third quarter. ING Groep NV now owns 118,749 shares of the industrial products company’s stock worth $59,219,000 after buying an additional 75,675 shares during the period. Finally, Principal Financial Group Inc. increased its position in Roper Technologies by 2.2% during the third quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company’s stock valued at $1,273,387,000 after acquiring an additional 54,221 shares during the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Insider Activity at Roper Technologies

In related news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was bought at an average cost of $358.46 per share, with a total value of $501,844.00. Following the completion of the acquisition, the director owned 1,400 shares of the company’s stock, valued at $501,844. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.87% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently commented on ROP. Argus reaffirmed a “hold” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Stifel Nicolaus restated a “hold” rating and set a $385.00 target price (down previously from $550.00) on shares of Roper Technologies in a research report on Tuesday, January 27th. Raymond James Financial cut their target price on Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating on the stock in a research note on Friday, October 24th. Robert W. Baird set a $550.00 price target on Roper Technologies in a research note on Wednesday, January 28th. Finally, The Goldman Sachs Group dropped their price objective on Roper Technologies from $507.00 to $440.00 and set a “neutral” rating for the company in a report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $478.53.

Roper Technologies Stock Performance

Shares of NASDAQ:ROP opened at $315.53 on Wednesday. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $33.96 billion, a price-to-earnings ratio of 22.22, a price-to-earnings-growth ratio of 1.54 and a beta of 0.92. The firm has a 50 day moving average of $407.11 and a 200 day moving average of $461.96. Roper Technologies, Inc. has a 52 week low of $313.07 and a 52 week high of $595.17.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, topping the consensus estimate of $5.14 by $0.07. Roper Technologies had a net margin of 19.44% and a return on equity of 10.99%. The firm had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same quarter in the previous year, the business posted $4.81 EPS. Roper Technologies’s 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. On average, sell-side analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

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.