Principal Financial Group Inc. Trims Stock Position in Roper Technologies, Inc. $ROP

Key Points

• Principal Financial Group cut its stake in Roper Technologies by 8.0% in Q4, selling 204,883 shares and now holds 2,348,526 shares (~2.18%) valued at about $1.045 billion.
• Institutional ownership is very high at 93.31%, with major investors like Vanguard raising holdings (Vanguard +12.5% to 12.48M shares, ~$5.55B), indicating substantial institutional interest despite some portfolio trimming.
• Analysts are mixed — the consensus rating is Hold with a $472.07 target — while Roper recently beat quarterly EPS estimates and issued FY2026 guidance of $21.80–22.05 EPS; the stock trades near $355, well below its 52‑week high of $584.

Principal Financial Group Inc. reduced its stake in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 8.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,348,526 shares of the industrial products company's stock after selling 204,883 shares during the period. Principal Financial Group Inc. owned approximately 2.18% of Roper Technologies worth $1,045,423,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Roper Technologies by 12.5% in the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company's stock valued at $5,553,932,000 after buying an additional 1,384,656 shares during the period. State Street Corp raised its position in Roper Technologies by 0.9% in the third quarter. State Street Corp now owns 4,986,755 shares of the industrial products company's stock valued at $2,486,845,000 after purchasing an additional 46,697 shares during the period. Franklin Resources Inc. raised its position in Roper Technologies by 2.1% in the third quarter. Franklin Resources Inc. now owns 1,847,398 shares of the industrial products company's stock valued at $921,279,000 after purchasing an additional 37,766 shares during the period. Invesco Ltd. raised its position in Roper Technologies by 12.1% in the third quarter. Invesco Ltd. now owns 1,677,331 shares of the industrial products company's stock valued at $836,468,000 after purchasing an additional 181,243 shares during the period. Finally, JPMorgan Chase & Co. raised its position in Roper Technologies by 62.5% in the third quarter. JPMorgan Chase & Co. now owns 1,585,732 shares of the industrial products company's stock valued at $790,789,000 after purchasing an additional 610,089 shares during the period. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ROP has been the topic of a number of research analyst reports. TD Cowen reissued a "buy" rating on shares of Roper Technologies in a research report on Wednesday, January 28th. Jefferies Financial Group set a $500.00 target price on Roper Technologies in a research report on Wednesday, January 28th. Mizuho cut their target price on Roper Technologies from $419.00 to $365.00 and set an "underperform" rating on the stock in a research report on Wednesday, January 28th. Barclays cut their target price on Roper Technologies from $380.00 to $373.00 and set an "underweight" rating on the stock in a research report on Friday, April 24th. Finally, Stifel Nicolaus reissued a "hold" rating and issued a $385.00 target price (down from $550.00) on shares of Roper Technologies in a research report on Tuesday, January 27th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, six have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Roper Technologies has an average rating of "Hold" and a consensus target price of $472.07.

Roper Technologies Stock Performance

NASDAQ:ROP opened at $355.23 on Tuesday. The company has a fifty day simple moving average of $353.83 and a two-hundred day simple moving average of $401.34. The company has a market cap of $36.36 billion, a price-to-earnings ratio of 22.19, a price-to-earnings-growth ratio of 1.63 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. Roper Technologies, Inc. has a 52 week low of $313.07 and a 52 week high of $584.03.

Roper Technologies (NASDAQ:ROP - Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, topping the consensus estimate of $4.97 by $0.19. The business had revenue of $2.10 billion during the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The business's revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the firm 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 analysts anticipate that Roper Technologies, Inc. will post 21.94 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Monday, April 6th were paid a $0.91 dividend. The ex-dividend date was Monday, April 6th. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. Roper Technologies's payout ratio is 22.74%.

Insider Activity at Roper Technologies

In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the company's stock in a transaction on Friday, February 6th. The stock was acquired at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the completion of the purchase, the director directly owned 1,400 shares in the company, valued at approximately $501,844. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.80% of the stock is currently owned by company insiders.

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.

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