ProShare Advisors LLC Lowers Stock Position in Roper Technologies, Inc. $ROP

ProShare Advisors LLC cut its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 3.5% during the third quarter, Holdings Channel.com reports. The firm owned 450,138 shares of the industrial products company’s stock after selling 16,362 shares during the period. ProShare Advisors LLC’s holdings in Roper Technologies were worth $224,479,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of ROP. Sagespring Wealth Partners LLC increased its holdings in shares of Roper Technologies by 2.9% in the 2nd quarter. Sagespring Wealth Partners LLC now owns 718 shares of the industrial products company’s stock valued at $407,000 after acquiring an additional 20 shares during the period. Trust Co. of Vermont boosted its position in Roper Technologies by 1.8% during the third quarter. Trust Co. of Vermont now owns 1,106 shares of the industrial products company’s stock valued at $552,000 after purchasing an additional 20 shares in the last quarter. First Horizon Advisors Inc. grew its stake in Roper Technologies by 1.3% in the second quarter. First Horizon Advisors Inc. now owns 1,668 shares of the industrial products company’s stock valued at $946,000 after purchasing an additional 21 shares during the last quarter. Harbour Investments Inc. raised its holdings in Roper Technologies by 17.3% in the second quarter. Harbour Investments Inc. now owns 156 shares of the industrial products company’s stock worth $88,000 after purchasing an additional 23 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC lifted its position in shares of Roper Technologies by 89.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after buying an additional 25 shares during the last quarter. Institutional investors own 93.31% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ROP. Truist Financial cut their price objective on shares of Roper Technologies from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. Oppenheimer reaffirmed a “market perform” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. Stifel Nicolaus restated a “hold” rating and set a $385.00 target price (down from $550.00) on shares of Roper Technologies in a research note on Tuesday, January 27th. Royal Bank Of Canada decreased their price target on Roper Technologies from $539.00 to $398.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 28th. Finally, Melius Research lowered Roper Technologies from a “buy” rating to a “hold” rating and set a $479.00 price target on the stock. in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $478.53.

Get Our Latest Report on Roper Technologies

Insider Buying and Selling

In other news, Director Amy Woods Brinkley purchased 1,200 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were bought at an average price of $450.71 per share, for a total transaction of $540,852.00. Following the completion of the transaction, the director owned 18,184 shares in the company, valued at $8,195,710.64. This represents a 7.07% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was purchased at an average price of $358.46 per share, with a total value of $501,844.00. Following the transaction, the director owned 1,400 shares of the company’s stock, valued at approximately $501,844. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have bought 12,600 shares of company stock valued at $5,564,996. Corporate insiders own 0.87% of the company’s stock.

Roper Technologies Price Performance

NASDAQ:ROP opened at $362.42 on Monday. The firm’s fifty day moving average is $423.12 and its two-hundred day moving average is $473.07. The firm has a market cap of $39.01 billion, a price-to-earnings ratio of 25.52, a PEG ratio of 1.74 and a beta of 0.93. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.48 and a current ratio of 0.52. Roper Technologies, Inc. has a one year low of $343.92 and a one year high of $595.17.

Roper Technologies (NASDAQ:ROPGet 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 analysts’ consensus estimates of $5.14 by $0.07. Roper Technologies had a return on equity of 10.99% and a net margin of 19.44%.The business had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same quarter last year, the business posted $4.81 EPS. The company’s 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. Research analysts expect that Roper Technologies, Inc. will post 19.96 EPS for the current year.

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.

See Also

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

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