Penobscot Investment Management Company Inc. Sells 2,666 Shares of Roper Technologies, Inc. $ROP

Penobscot Investment Management Company Inc. lessened its stake in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 44.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,279 shares of the industrial products company’s stock after selling 2,666 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in Roper Technologies were worth $1,460,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Johnson Investment Counsel Inc. boosted its stake in shares of Roper Technologies by 2.8% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 162,291 shares of the industrial products company’s stock worth $80,933,000 after acquiring an additional 4,479 shares in the last quarter. Stephens Inc. AR boosted its stake in Roper Technologies by 36.5% during the 3rd quarter. Stephens Inc. AR now owns 14,117 shares of the industrial products company’s stock valued at $7,040,000 after purchasing an additional 3,773 shares during the period. ING Groep NV boosted its stake in Roper Technologies by 175.7% during the 3rd quarter. ING Groep NV now owns 118,749 shares of the industrial products company’s stock valued at $59,219,000 after purchasing an additional 75,675 shares during the period. Principal Financial Group Inc. boosted its stake in Roper Technologies by 2.2% during the 3rd 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 purchasing an additional 54,221 shares during the period. Finally, CIBC Bancorp USA Inc. bought a new stake in Roper Technologies during the 3rd quarter valued at approximately $10,053,000. Institutional investors own 93.31% of the company’s stock.

Insider Activity

In related news, Director Thomas Patrick Joyce, Jr. bought 1,400 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was acquired at an average cost of $358.46 per share, with a total value of $501,844.00. Following the acquisition, the director owned 1,400 shares in the company, valued at approximately $501,844. This represents a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.80% of the company’s stock.

Roper Technologies Price Performance

Shares of ROP stock opened at $362.93 on Wednesday. The stock has a 50 day moving average of $349.28 and a two-hundred day moving average of $409.03. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 0.43. Roper Technologies, Inc. has a 12 month low of $313.07 and a 12 month high of $584.03. The company has a market capitalization of $37.15 billion, a P/E ratio of 25.56, a P/E/G ratio of 1.73 and a beta of 0.89.

Roper Technologies (NASDAQ:ROPGet Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, topping analysts’ consensus estimates of $5.14 by $0.07. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.09 billion. Roper Technologies had a return on equity of 10.99% and a net margin of 19.44%.The company’s quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter last year, the company earned $4.81 EPS. 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. As a group, equities analysts expect that Roper Technologies, Inc. will post 20.85 EPS for the current year.

Roper Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Monday, April 6th will be issued a $0.91 dividend. The ex-dividend date of this dividend is Monday, April 6th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio is presently 25.63%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on ROP shares. Melius Research downgraded Roper Technologies from a “buy” rating to a “hold” rating and set a $479.00 target price for the company. in a research note on Tuesday, January 27th. Argus restated a “hold” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Weiss Ratings downgraded Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, March 11th. Barclays reduced their price objective on Roper Technologies from $409.00 to $380.00 and set an “underweight” rating for the company in a research report on Wednesday, April 1st. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $385.00 price objective (down from $550.00) on shares of Roper Technologies in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Roper Technologies has a consensus rating of “Hold” and an average price target of $476.60.

Read Our Latest Stock Analysis on ROP

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

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

Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.