Wealthfront Advisers LLC Sells 2,188 Shares of Roper Technologies, Inc. $ROP

Wealthfront Advisers LLC trimmed its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 16.7% during the 1st quarter, Holdings Channel reports. The firm owned 10,949 shares of the industrial products company’s stock after selling 2,188 shares during the quarter. Wealthfront Advisers LLC’s holdings in Roper Technologies were worth $3,874,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ROP. Marks Group Wealth Management Inc raised its position in shares of Roper Technologies by 111.0% during the 1st quarter. Marks Group Wealth Management Inc now owns 17,496 shares of the industrial products company’s stock valued at $6,191,000 after buying an additional 9,205 shares in the last quarter. Bank of New York Mellon Corp grew its position in Roper Technologies by 6.5% in the first quarter. Bank of New York Mellon Corp now owns 661,024 shares of the industrial products company’s stock worth $233,910,000 after acquiring an additional 40,492 shares in the last quarter. Blackhawk Capital Partners LLC bought a new position in Roper Technologies in the first quarter valued at $749,000. Sanctuary Advisors LLC lifted its stake in Roper Technologies by 1.9% during the first quarter. Sanctuary Advisors LLC now owns 5,900 shares of the industrial products company’s stock worth $2,088,000 after purchasing an additional 108 shares during the last quarter. Finally, Sigma Planning Corp boosted its holdings in shares of Roper Technologies by 11.0% in the 1st quarter. Sigma Planning Corp now owns 2,754 shares of the industrial products company’s stock worth $975,000 after purchasing an additional 272 shares in the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

Roper Technologies Price Performance

ROP opened at $363.14 on Monday. Roper Technologies, Inc. has a 12 month low of $305.96 and a 12 month high of $566.24. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. The business’s 50-day moving average price is $336.99 and its 200-day moving average price is $356.96. The company has a market cap of $36.65 billion, a P/E ratio of 22.68, a P/E/G ratio of 1.65 and a beta of 0.76.

Roper Technologies (NASDAQ:ROP) last issued its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.97 by $0.19. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The company had revenue of $2.10 billion during the quarter. During the same quarter in the prior year, the company earned $4.78 earnings per share. The company’s revenue was up 11.3% compared to the same quarter last year. 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. On average, equities analysts expect that Roper Technologies, Inc. will post 21.95 EPS for the current year.

Roper Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be issued a $0.91 dividend. The ex-dividend date is Wednesday, July 8th. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio (DPR) is currently 22.74%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Royal Bank Of Canada raised their price objective on Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Robert W. Baird upped their target price on Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Barclays reduced their price target on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Piper Sandler boosted their price objective on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $467.12.

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.