Entropy Technologies LP purchased a new stake in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,866 shares of the industrial products company's stock, valued at approximately $5,419,000.
Several other institutional investors and hedge funds have also made changes to their positions in ROP. Trust Co. of Vermont increased its holdings in Roper Technologies by 1.8% during the 3rd quarter. Trust Co. of Vermont now owns 1,106 shares of the industrial products company's stock valued at $552,000 after acquiring an additional 20 shares in the last quarter. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Roper Technologies by 89.3% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company's stock valued at $30,000 after purchasing an additional 25 shares in the last quarter. Cornerstone Planning Group LLC lifted its holdings in shares of Roper Technologies by 36.8% in the third quarter. Cornerstone Planning Group LLC now owns 93 shares of the industrial products company's stock valued at $46,000 after purchasing an additional 25 shares in the last quarter. Promus Capital LLC increased its stake in shares of Roper Technologies by 1.5% during the 3rd quarter. Promus Capital LLC now owns 1,640 shares of the industrial products company's stock worth $818,000 after purchasing an additional 25 shares in the last quarter. Finally, SeaCrest Wealth Management LLC increased its stake in shares of Roper Technologies by 6.2% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company's stock worth $223,000 after purchasing an additional 25 shares in the last quarter. 93.31% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
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 shares were bought at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the acquisition, the director directly owned 1,400 shares in the company, valued at $501,844. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. 0.78% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the company. The Goldman Sachs Group reduced their target price on Roper Technologies from $507.00 to $440.00 and set a "neutral" rating on the stock in a research note on Thursday, January 29th. Robert W. Baird set a $550.00 price objective on Roper Technologies in a research report on Wednesday, January 28th. Argus reiterated a "hold" rating on shares of Roper Technologies in a research report on Wednesday, January 28th. Citigroup cut their target price on shares of Roper Technologies from $575.00 to $450.00 and set a "buy" rating for the company in a research note on Wednesday, January 28th. Finally, Barclays reduced their target price on shares of Roper Technologies from $475.00 to $409.00 and set an "underweight" rating on the stock in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Roper Technologies currently has an average rating of "Hold" and a consensus target price of $478.53.
Check Out Our Latest Analysis on Roper Technologies
Roper Technologies Stock Performance
NASDAQ ROP opened at $346.78 on Friday. The business's 50-day moving average price is $373.59 and its 200 day moving average price is $441.28. 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 twelve month low of $313.07 and a twelve month high of $594.25. The company has a market capitalization of $35.69 billion, a PE ratio of 24.42, a price-to-earnings-growth ratio of 1.69 and a beta of 0.94.
Roper Technologies (NASDAQ:ROP - Get Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, beating the consensus estimate of $5.14 by $0.07. The company had revenue of $2.06 billion during the quarter, compared to analysts' expectations of $2.09 billion. Roper Technologies had a return on equity of 10.99% and a net margin of 19.44%.The firm's revenue was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the business 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. On average, research analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.
Roper Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Monday, April 6th will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Monday, April 6th. This represents a $3.64 annualized dividend and a yield of 1.0%. Roper Technologies's dividend payout ratio is 25.63%.
Roper Technologies Company Profile
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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
Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NASDAQ:ROP - Free Report).
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