US Bancorp DE lessened its position in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 5.4% in the third quarter, HoldingsChannel reports. The firm owned 52,651 shares of the industrial products company’s stock after selling 3,006 shares during the quarter. US Bancorp DE’s holdings in Roper Technologies were worth $26,256,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fox Run Management L.L.C. boosted its holdings in shares of Roper Technologies by 146.7% during the 3rd quarter. Fox Run Management L.L.C. now owns 3,654 shares of the industrial products company’s stock valued at $1,822,000 after buying an additional 2,173 shares in the last quarter. MAI Capital Management lifted its position in Roper Technologies by 6.9% during the 3rd quarter. MAI Capital Management now owns 9,446 shares of the industrial products company’s stock valued at $4,710,000 after acquiring an additional 612 shares during the period. North Star Asset Management Inc. boosted its stake in Roper Technologies by 7.3% during the third quarter. North Star Asset Management Inc. now owns 31,855 shares of the industrial products company’s stock worth $15,886,000 after acquiring an additional 2,155 shares in the last quarter. TD Asset Management Inc grew its holdings in Roper Technologies by 11.6% in the third quarter. TD Asset Management Inc now owns 107,484 shares of the industrial products company’s stock worth $53,601,000 after purchasing an additional 11,176 shares during the period. Finally, Waratah Capital Advisors Ltd. increased its stake in shares of Roper Technologies by 14.3% during the third quarter. Waratah Capital Advisors Ltd. now owns 38,892 shares of the industrial products company’s stock valued at $19,395,000 after purchasing an additional 4,873 shares in the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, Director Thomas Patrick Joyce, Jr. bought 1,400 shares of the stock in a transaction on Friday, February 6th. The shares were bought at an average price of $358.46 per share, with a total value of $501,844.00. Following the completion of the acquisition, the director owned 1,400 shares in the company, valued at $501,844. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.78% of the company’s stock.
Roper Technologies Price Performance
Roper Technologies (NASDAQ:ROP – Get Free Report) last released its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $5.21 earnings per share 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 firm had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same period in the previous year, the company earned $4.81 earnings per share. The firm’s quarterly 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, analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.
Roper Technologies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors 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 payout ratio is presently 25.63%.
Analyst Ratings Changes
Several analysts recently weighed in on ROP shares. Argus restated a “hold” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Robert W. Baird set a $550.00 target price on Roper Technologies in a research note on Wednesday, January 28th. Jefferies Financial Group set a $500.00 price target on Roper Technologies in a research report on Wednesday, January 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. Finally, The Goldman Sachs Group decreased their target price on shares of Roper Technologies from $507.00 to $440.00 and set a “neutral” rating for the company in a report on Thursday, January 29th. One 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Roper Technologies presently has a consensus rating of “Hold” and an average target price of $478.53.
Check Out Our Latest Research Report on Roper Technologies
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.
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