Roper Technologies, Inc. $ROP Stake Trimmed by Akre Capital Management LLC

Akre Capital Management LLC lowered its position in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 4.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,105,153 shares of the industrial products company's stock after selling 51,520 shares during the period. Roper Technologies accounts for approximately 5.4% of Akre Capital Management LLC's portfolio, making the stock its 8th biggest holding. Akre Capital Management LLC owned approximately 1.03% of Roper Technologies worth $491,937,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hutchens & Kramer Investment Management Group LLC raised its holdings in shares of Roper Technologies by 2.3% during the 4th quarter. Hutchens & Kramer Investment Management Group LLC now owns 1,003 shares of the industrial products company's stock worth $446,000 after acquiring an additional 23 shares during the period. Brown Brothers Harriman & Co. raised its holdings in shares of Roper Technologies by 1.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company's stock worth $1,115,000 after acquiring an additional 23 shares during the period. Promus Capital LLC raised its holdings 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 acquiring an additional 25 shares during the period. Harbor Investment Advisory LLC raised its holdings in shares of Roper Technologies by 5.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 460 shares of the industrial products company's stock worth $205,000 after acquiring an additional 25 shares during the period. Finally, SeaCrest Wealth Management LLC raised its holdings 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 acquiring an additional 25 shares during the period. Hedge funds and other institutional investors own 93.31% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Piper Sandler lifted their price target on Roper Technologies from $530.00 to $540.00 and gave the stock an "overweight" rating in a report on Friday, April 24th. Zacks Research upgraded Roper Technologies from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 29th. Robert W. Baird lifted their price target on Roper Technologies from $464.00 to $470.00 and gave the stock an "outperform" rating in a report on Friday, April 24th. Royal Bank Of Canada lifted their price target on Roper Technologies from $393.00 to $407.00 and gave the stock a "sector perform" rating in a report on Friday, April 24th. Finally, Weiss Ratings reiterated a "sell (d+)" rating on shares of Roper Technologies in a report on Monday, June 8th. Two 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $472.07.

Roper Technologies Stock Up 0.7%

Shares of ROP opened at $334.97 on Friday. The firm has a market cap of $33.81 billion, a P/E ratio of 20.92, a price-to-earnings-growth ratio of 1.53 and a beta of 0.77. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $575.77. The company's 50-day moving average price is $341.99 and its 200 day moving average price is $375.14. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52.

Roper Technologies (NASDAQ:ROP - Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.97 by $0.19. The firm had revenue of $2.10 billion for the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The firm's quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the firm posted $4.78 earnings per share. 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, sell-side analysts forecast that Roper Technologies, Inc. will post 21.94 earnings per share for the current year.

Roper Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be given a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, July 8th. Roper Technologies's payout ratio is currently 22.74%.

About Roper Technologies

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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