Rhumbline Advisers Cuts Stock Position in Roper Technologies, Inc. $ROP

Rhumbline Advisers decreased its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 1.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 208,015 shares of the industrial products company’s stock after selling 3,375 shares during the quarter. Rhumbline Advisers’ holdings in Roper Technologies were worth $103,735,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Corbyn Investment Management Inc. MD purchased a new position in Roper Technologies in the second quarter valued at $567,000. Stephens Inc. AR increased its holdings in shares of Roper Technologies by 36.5% in the 3rd quarter. Stephens Inc. AR now owns 14,117 shares of the industrial products company’s stock valued at $7,040,000 after acquiring an additional 3,773 shares during the last quarter. Johnson Investment Counsel Inc. raised its position 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. Principal Financial Group Inc. lifted its stake in Roper Technologies by 2.2% during the third quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company’s stock worth $1,273,387,000 after purchasing an additional 54,221 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Roper Technologies by 1.7% in the second quarter. Vanguard Group Inc. now owns 10,896,899 shares of the industrial products company’s stock valued at $6,176,798,000 after purchasing an additional 179,646 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ROP has been the subject of several recent analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of Roper Technologies from $457.00 to $397.00 and set an “underweight” rating for the company in a research report on Wednesday, January 28th. Royal Bank Of Canada reduced their price target on shares of Roper Technologies from $539.00 to $398.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 28th. Weiss Ratings restated a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. Truist Financial cut their target price on Roper Technologies from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. 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. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Roper Technologies has a consensus rating of “Hold” and an average target price of $478.53.

Insider Activity at Roper Technologies

In other news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were purchased at an average cost of $358.46 per share, for a total transaction of $501,844.00. Following the transaction, the director directly owned 1,400 shares in the company, valued at approximately $501,844. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 0.78% of the stock is owned by company insiders.

Roper Technologies Price Performance

Shares of NASDAQ:ROP opened at $333.80 on Thursday. Roper Technologies, Inc. has a one year low of $331.22 and a one year high of $595.17. The stock has a market capitalization of $35.93 billion, a price-to-earnings ratio of 23.51, a PEG ratio of 1.67 and a beta of 0.92. The company has a 50-day simple moving average of $417.14 and a 200-day simple moving average of $469.14. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.48 and a current ratio of 0.52.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $5.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.14 by $0.07. Roper Technologies had a return on equity of 10.99% and a net margin of 19.44%.The firm had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the previous year, the firm posted $4.81 EPS. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. 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, analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

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.