Quadrant Capital Group LLC Raises Stake in Roper Technologies, Inc. $ROP

Quadrant Capital Group LLC increased its stake in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 66.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,730 shares of the industrial products company’s stock after buying an additional 1,493 shares during the period. Quadrant Capital Group LLC’s holdings in Roper Technologies were worth $1,860,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in ROP. Norges Bank purchased a new position in Roper Technologies in the second quarter valued at about $1,064,718,000. JPMorgan Chase & Co. increased its stake in shares of Roper Technologies by 62.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,585,732 shares of the industrial products company’s stock worth $790,789,000 after purchasing an additional 610,089 shares during the last quarter. Flossbach Von Storch SE raised its holdings in shares of Roper Technologies by 130.3% in the 3rd quarter. Flossbach Von Storch SE now owns 896,161 shares of the industrial products company’s stock worth $446,907,000 after purchasing an additional 507,083 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of Roper Technologies by 555.4% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 542,110 shares of the industrial products company’s stock worth $307,290,000 after purchasing an additional 459,396 shares during the period. Finally, Van ECK Associates Corp purchased a new position in Roper Technologies in the third quarter valued at approximately $200,009,000. Institutional investors own 93.31% of the company’s stock.

Insider Activity

In other Roper Technologies 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 bought at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the completion of the transaction, the director owned 1,400 shares of the company’s stock, 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 hyperlink. Company insiders own 0.78% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on ROP. The Goldman Sachs Group reduced their price objective on Roper Technologies from $507.00 to $440.00 and set a “neutral” rating for the company in a report on Thursday, January 29th. Weiss Ratings lowered Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday. Barclays dropped their price target on Roper Technologies from $475.00 to $409.00 and set an “underweight” rating on the stock in a research report on Wednesday, January 28th. Stifel Nicolaus reissued a “hold” rating and issued a $385.00 price objective (down from $550.00) on shares of Roper Technologies in a report on Tuesday, January 27th. Finally, Truist Financial lowered their price objective on Roper Technologies from $650.00 to $550.00 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $478.53.

Check Out Our Latest Analysis on ROP

Roper Technologies Price Performance

ROP stock opened at $346.78 on Friday. The firm has a 50 day moving average of $373.59 and a 200-day moving average of $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 12 month low of $313.07 and a 12 month high of $594.25. The firm has a market capitalization of $35.69 billion, a P/E ratio of 24.42, a price-to-earnings-growth ratio of 1.69 and a beta of 0.94.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its earnings results on Tuesday, January 27th. The industrial products company reported $5.21 earnings per share for the quarter, topping analysts’ consensus estimates of $5.14 by $0.07. Roper Technologies had a net margin of 19.44% and a return on equity of 10.99%. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same quarter in the prior year, the firm posted $4.81 EPS. Roper Technologies’s revenue 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. As a group, sell-side analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently declared 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 annualized dividend and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio is presently 25.63%.

Roper Technologies Company 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.

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

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