Wealthfront Advisers LLC Sells 1,588 Shares of Roper Technologies, Inc. $ROP

Wealthfront Advisers LLC lowered its stake in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 12.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 11,332 shares of the industrial products company’s stock after selling 1,588 shares during the quarter. Wealthfront Advisers LLC’s holdings in Roper Technologies were worth $5,651,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC bought a new stake in shares of Roper Technologies in the 4th quarter worth about $203,000. Empowered Funds LLC lifted its stake in Roper Technologies by 11.7% in the first quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company’s stock worth $1,832,000 after purchasing an additional 326 shares during the last quarter. CWM LLC boosted its position in shares of Roper Technologies by 34.0% during the second quarter. CWM LLC now owns 5,102 shares of the industrial products company’s stock valued at $2,892,000 after buying an additional 1,295 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of Roper Technologies by 20.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,770 shares of the industrial products company’s stock valued at $1,570,000 after buying an additional 473 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB raised its holdings in shares of Roper Technologies by 0.9% in the second quarter. Wilmington Savings Fund Society FSB now owns 4,576 shares of the industrial products company’s stock worth $2,594,000 after buying an additional 42 shares during the period. 93.31% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ROP has been the subject of a number of recent analyst reports. Raymond James Financial dropped their price objective on Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating for the company in a report on Friday, October 24th. Jefferies Financial Group set a $500.00 target price on shares of Roper Technologies in a research note on Wednesday, January 28th. The Goldman Sachs Group reduced their price target on shares of Roper Technologies from $507.00 to $440.00 and set a “neutral” rating on the stock in a research note on Thursday, January 29th. Stifel Nicolaus restated a “hold” rating and issued a $385.00 target price (down from $550.00) on shares of Roper Technologies in a research note on Tuesday, January 27th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. One investment 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 company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $478.53.

View Our Latest Stock Analysis on ROP

Roper Technologies Price Performance

Shares of ROP opened at $319.82 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.48 and a current ratio of 0.52. The company has a 50 day moving average price of $414.64 and a 200-day moving average price of $468.11. Roper Technologies, Inc. has a fifty-two week low of $317.67 and a fifty-two week high of $595.17. The stock has a market capitalization of $34.43 billion, a PE ratio of 22.52, a PEG ratio of 1.60 and a beta of 0.92.

Roper Technologies (NASDAQ:ROPGet Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, topping analysts’ consensus estimates of $5.14 by $0.07. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.09 billion. Roper Technologies had a net margin of 19.44% and a return on equity of 10.99%. Roper Technologies’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.81 earnings per share. 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 analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Insider Activity at Roper Technologies

In related news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was purchased at an average cost of $358.46 per share, for a total transaction of $501,844.00. Following the purchase, the director directly owned 1,400 shares of the company’s stock, valued at $501,844. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.78% of the company’s stock.

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.

Further Reading

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

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