Guinness Asset Management LTD boosted its position in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 31.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 109,488 shares of the industrial products company’s stock after acquiring an additional 26,277 shares during the quarter. Guinness Asset Management LTD’s holdings in Roper Technologies were worth $49,362,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of ROP. Field & Main Bank purchased a new stake in Roper Technologies during the third quarter valued at $25,000. Triumph Capital Management bought a new stake in Roper Technologies during the third quarter valued at about $25,000. Tucker Asset Management LLC bought a new stake in Roper Technologies during the fourth quarter valued at about $33,000. Board of the Pension Protection Fund bought a new stake in Roper Technologies during the fourth quarter valued at about $36,000. Finally, Kelleher Financial Advisors bought a new stake in Roper Technologies during the third quarter valued at about $40,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have issued reports on ROP shares. JPMorgan Chase & Co. cut their price target on Roper Technologies from $457.00 to $397.00 and set an “underweight” rating for the company in a report on Wednesday, January 28th. Citigroup cut their price target on Roper Technologies from $575.00 to $450.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. 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. Piper Sandler boosted their price target on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Finally, Oppenheimer reissued a “market perform” rating on shares of Roper Technologies in a report on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $472.07.
Roper Technologies Stock Performance
NASDAQ ROP opened at $326.94 on Friday. The firm has a market cap of $32.99 billion, a price-to-earnings ratio of 20.42, a price-to-earnings-growth ratio of 1.48 and a beta of 0.81. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.52. The business has a 50-day moving average price of $348.14 and a 200-day moving average price of $387.32. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $576.55.
Roper Technologies (NASDAQ:ROP – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.97 by $0.19. The firm had revenue of $2.10 billion during the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The business’s revenue was up 11.3% on a year-over-year basis. During the same period last year, the company earned $4.78 EPS. Roper Technologies has set its Q2 2026 guidance at 5.250-5.30 EPS and its FY 2026 guidance at 21.800-22.050 EPS. As a group, equities research analysts predict that Roper Technologies, Inc. will post 21.94 EPS for the current fiscal year.
Roper Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.1%. Roper Technologies’s dividend payout ratio is 22.74%.
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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