Kestra Advisory Services LLC Reduces Position in Roper Technologies, Inc. $ROP

Kestra Advisory Services LLC decreased its position in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 22.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,510 shares of the industrial products company’s stock after selling 2,205 shares during the period. Kestra Advisory Services LLC’s holdings in Roper Technologies were worth $2,657,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Azzad Asset Management Inc. ADV boosted its holdings in shares of Roper Technologies by 1.7% in the first quarter. Azzad Asset Management Inc. ADV now owns 6,063 shares of the industrial products company’s stock valued at $2,145,000 after acquiring an additional 103 shares during the period. Resona Asset Management Co. Ltd. raised its position in Roper Technologies by 4.0% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 57,025 shares of the industrial products company’s stock valued at $20,158,000 after purchasing an additional 2,195 shares during the last quarter. Frank Rimerman Advisors LLC boosted its stake in Roper Technologies by 3.4% during the 1st quarter. Frank Rimerman Advisors LLC now owns 950 shares of the industrial products company’s stock worth $336,000 after purchasing an additional 31 shares during the period. Montag A & Associates Inc. grew its position in Roper Technologies by 13.3% during the 1st quarter. Montag A & Associates Inc. now owns 5,281 shares of the industrial products company’s stock worth $1,869,000 after purchasing an additional 620 shares during the last quarter. Finally, Eads & Heald Wealth Management grew its position in Roper Technologies by 8.4% during the 1st quarter. Eads & Heald Wealth Management now owns 2,519 shares of the industrial products company’s stock worth $891,000 after purchasing an additional 196 shares during the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Down 0.3%

ROP stock opened at $363.14 on Friday. The stock has a market capitalization of $36.65 billion, a PE ratio of 22.68, a price-to-earnings-growth ratio of 1.65 and a beta of 0.76. The company has a fifty day moving average of $336.99 and a 200-day moving average of $357.61. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.49 and a current ratio of 0.53. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $566.24.

Roper Technologies (NASDAQ:ROPGet Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.97 by $0.19. The business 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 company’s revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm earned $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. As a group, analysts expect that Roper Technologies, Inc. will post 21.95 EPS for the current year.

Roper Technologies Dividend Announcement

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 given a dividend of $0.91 per share. The ex-dividend date is Wednesday, July 8th. This represents a $3.64 annualized dividend and a yield of 1.0%. Roper Technologies’s payout ratio is presently 22.74%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Robert W. Baird upped their target price on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Royal Bank Of Canada boosted their price target on Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. BMO Capital Markets assumed coverage on Roper Technologies in a research note on Friday, July 10th. They set a “market perform” rating and a $393.00 price objective for the company. Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $467.12.

Read Our Latest Stock Analysis on ROP

Roper Technologies 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.

See Also

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

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