Cetera Investment Advisers Has $7.86 Million Position in Roper Technologies, Inc. $ROP

Cetera Investment Advisers raised its stake in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 10.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,206 shares of the industrial products company’s stock after buying an additional 2,028 shares during the period. Cetera Investment Advisers’ holdings in Roper Technologies were worth $7,858,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Alpha Family Trust acquired a new stake in Roper Technologies during the 1st quarter valued at approximately $334,000. Daner Wealth Management LLC acquired a new position in shares of Roper Technologies in the 1st quarter worth approximately $208,000. First Trust Advisors LP boosted its stake in shares of Roper Technologies by 21.7% in the 1st quarter. First Trust Advisors LP now owns 579,343 shares of the industrial products company’s stock valued at $205,006,000 after purchasing an additional 103,306 shares during the last quarter. Westpac Banking Corp boosted its stake in shares of Roper Technologies by 55.4% in the 1st quarter. Westpac Banking Corp now owns 1,069 shares of the industrial products company’s stock valued at $378,000 after purchasing an additional 381 shares during the last quarter. Finally, Triad Investment Management increased its position in shares of Roper Technologies by 13.5% during the first quarter. Triad Investment Management now owns 13,786 shares of the industrial products company’s stock worth $4,878,000 after buying an additional 1,642 shares during the period. 93.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ROP has been the subject of a number of analyst reports. Robert W. Baird set a $480.00 target price on shares of Roper Technologies in a research note on Friday, July 24th. Raymond James Financial downgraded Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd. Barclays lowered their price objective on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. Piper Sandler dropped their price objective on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. Finally, Mizuho set a $355.00 target price on Roper Technologies in a research report on Tuesday, July 21st. Six analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Roper Technologies currently has an average rating of “Hold” and an average target price of $468.00.

Get Our Latest Stock Report on ROP

Roper Technologies Stock Up 0.7%

Roper Technologies stock opened at $391.97 on Friday. The company has a market capitalization of $39.56 billion, a PE ratio of 16.24, a PEG ratio of 1.75 and a beta of 0.76. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $556.23. The firm’s fifty day moving average is $346.71 and its 200 day moving average is $352.91. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, topping analysts’ consensus estimates of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The business had revenue of $2.11 billion during the quarter. During the same quarter in the previous year, the business posted $4.87 earnings per share. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. As a group, sell-side analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, July 8th. Roper Technologies’s payout ratio is presently 15.08%.

Insider Transactions at Roper Technologies

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $361.00, for a total value of $2,322,674.00. Following the completion of the sale, the director owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $379.05, for a total value of $758,100.00. Following the transaction, the executive vice president directly owned 35,634 shares in the company, valued at $13,507,067.70. The trade was a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.80% of the company’s stock.

Roper Technologies 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.

Further Reading

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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