Roper Technologies, Inc. $ROP Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA decreased its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 89.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 56,603 shares of the industrial products company’s stock after selling 477,374 shares during the period. Pictet Asset Management Holding SA’s holdings in Roper Technologies were worth $20,030,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new stake in shares of Roper Technologies during the third quarter valued at about $25,000. Tucker Asset Management LLC purchased a new position in Roper Technologies in the fourth quarter valued at about $33,000. Board of the Pension Protection Fund acquired a new stake in Roper Technologies during the 4th quarter valued at approximately $36,000. Kelleher Financial Advisors acquired a new stake in Roper Technologies during the 3rd quarter valued at approximately $40,000. Finally, MV Capital Management Inc. purchased a new stake in Roper Technologies during the 4th quarter worth approximately $41,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Price Performance

Shares of ROP opened at $354.68 on Thursday. The firm has a market cap of $35.79 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 1.54 and a beta of 0.76. The stock has a 50 day moving average of $336.16 and a 200-day moving average of $364.54. 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, Inc. has a 52 week low of $305.96 and a 52 week high of $575.77.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings results 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. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The business had revenue of $2.10 billion for the quarter. During the same period in the prior year, the company posted $4.78 earnings per share. The business’s revenue was up 11.3% on a year-over-year basis. 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, analysts forecast that Roper Technologies, Inc. will post 21.95 EPS for the current year.

Roper Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, July 8th. Roper Technologies’s dividend payout ratio is 22.74%.

Analysts Set New Price Targets

Several research firms have recently commented on ROP. Piper Sandler increased their target price on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Barclays dropped their price target on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research note on Friday, April 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. Royal Bank Of Canada increased their price objective on shares of Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Finally, Robert W. Baird boosted their target price on shares of Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $472.07.

Roper Technologies Company 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.