Federated Hermes Inc. reduced its position in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 85.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 305 shares of the industrial products company’s stock after selling 1,745 shares during the period. Federated Hermes Inc.’s holdings in Roper Technologies were worth $152,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Asset Dedication LLC boosted its position in shares of Roper Technologies by 800.0% in the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 40 shares during the period. Vermillion & White Wealth Management Group LLC boosted its holdings in Roper Technologies by 89.3% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 25 shares during the period. Quent Capital LLC acquired a new position in shares of Roper Technologies during the 3rd quarter worth approximately $37,000. CoreFirst Bank & Trust bought a new position in shares of Roper Technologies during the second quarter worth approximately $39,000. Finally, J.Safra Asset Management Corp raised its position in shares of Roper Technologies by 222.7% in the second quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock valued at $40,000 after buying an additional 49 shares in the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on ROP shares. Raymond James Financial reduced their price target on Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating on the stock in a research report on Friday, October 24th. Royal Bank Of Canada reduced their target price on Roper Technologies from $539.00 to $398.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. Stifel Nicolaus reiterated a “hold” rating and set a $385.00 price objective (down from $550.00) on shares of Roper Technologies in a research note on Tuesday, January 27th. Finally, Barclays decreased their target price on shares of Roper Technologies from $475.00 to $409.00 and set an “underweight” rating on the stock in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $478.53.
Insider Activity at Roper Technologies
In other news, CEO Laurence Neil Hunn acquired 10,000 shares of Roper Technologies stock in a transaction that occurred on Wednesday, November 12th. The shares were acquired at an average price of $452.23 per share, for a total transaction of $4,522,300.00. Following the transaction, the chief executive officer directly owned 97,311 shares of the company’s stock, valued at approximately $44,006,953.53. The trade was a 11.45% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas Patrick Joyce, Jr. bought 1,400 shares of the stock in a transaction on Friday, February 6th. The stock was purchased at an average cost of $358.46 per share, with a total value of $501,844.00. Following the acquisition, the director owned 1,400 shares in the company, valued at approximately $501,844. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 12,600 shares of company stock valued at $5,564,996 in the last 90 days. 0.87% of the stock is owned by corporate insiders.
Roper Technologies Trading Down 2.9%
ROP opened at $351.73 on Tuesday. The company has a market cap of $37.86 billion, a P/E ratio of 24.77, a PEG ratio of 1.74 and a beta of 0.93. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 0.43. The company’s 50 day moving average is $421.29 and its 200-day moving average is $471.61. Roper Technologies, Inc. has a 1-year low of $343.92 and a 1-year high of $595.17.
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the prior year, the firm earned $4.81 EPS. The firm’s revenue was up 9.7% compared to the same quarter last year. 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. Equities research analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.
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.
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