Principal Financial Group Inc. grew its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 2.2% in the third quarter, HoldingsChannel reports. The fund owned 2,553,409 shares of the industrial products company’s stock after buying an additional 54,221 shares during the quarter. Principal Financial Group Inc.’s holdings in Roper Technologies were worth $1,273,387,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Field & Main Bank purchased a new stake in Roper Technologies in the third quarter valued at approximately $25,000. Asset Dedication LLC grew its stake in shares of Roper Technologies by 800.0% during the 2nd quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock valued at $26,000 after buying an additional 40 shares during the period. Vermillion & White Wealth Management Group LLC increased its holdings in shares of Roper Technologies by 89.3% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock worth $30,000 after buying an additional 25 shares during the last quarter. Quent Capital LLC purchased a new position in shares of Roper Technologies in the 3rd quarter worth $37,000. Finally, CoreFirst Bank & Trust acquired a new position in Roper Technologies in the second quarter valued at $39,000. 93.31% of the stock is currently owned by hedge funds and other institutional investors.
Roper Technologies Price Performance
ROP opened at $371.23 on Friday. Roper Technologies, Inc. has a twelve month low of $345.93 and a twelve month high of $595.17. The firm has a market cap of $39.96 billion, a price-to-earnings ratio of 26.14, a PEG ratio of 1.75 and a beta of 0.94. The company has a current ratio of 0.52, a quick ratio of 0.53 and a debt-to-equity ratio of 0.43. The company has a fifty day simple moving average of $431.72 and a 200 day simple moving average of $480.36.
Roper Technologies Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were paid a dividend of $0.91 per share. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date was Friday, January 2nd. This represents a $3.64 dividend on an annualized basis and a yield of 1.0%. Roper Technologies’s payout ratio is 25.63%.
Insider Activity at Roper Technologies
In other Roper Technologies news, Director Amy Woods Brinkley bought 1,200 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were bought at an average cost of $450.71 per share, with a total value of $540,852.00. Following the transaction, the director directly owned 18,184 shares in the company, valued at approximately $8,195,710.64. This trade represents a 7.07% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Laurence Neil Hunn bought 10,000 shares of Roper Technologies stock in a transaction dated Wednesday, November 12th. The shares were acquired at an average price of $452.23 per share, with a total value of $4,522,300.00. Following the completion of the purchase, the chief executive officer owned 97,311 shares in the company, valued at approximately $44,006,953.53. The trade was a 11.45% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.78% of the stock is owned by insiders.
Roper Technologies News Summary
Here are the key news stories impacting Roper Technologies this week:
- Neutral Sentiment: Argus reiterated a Hold rating on ROP, leaving their view unchanged despite recent volatility. Argus Reiterates Hold Rating for Roper Technologies (NASDAQ:ROP)
- Neutral Sentiment: Oppenheimer reiterated a Market Perform / “market perform” stance in published coverage, signaling no upgrade despite company results. Oppenheimer Reaffirms “Market Perform” Rating for Roper Technologies (NASDAQ:ROP)
- Neutral Sentiment: Coverage notes Roper’s exposure to software and “decentralized software” narratives on the Nasdaq tape today — commentary rather than a firm catalyst. Roper Technologies (NASDAQ:ROP) In Nasdaq Today on Decentralized Software
- Neutral Sentiment: Analysis pieces frame Roper as “at a crossroad,” highlighting strategic choices and mixed fundamental signals that could drive medium‑term investor debate. Roper Technologies: At A Crossroad
- Negative Sentiment: Royal Bank of Canada cut its price target to $398, reducing upside vs. prior targets and signaling more cautious valuation expectations. Royal Bank Of Canada Lowers Roper Technologies (NASDAQ:ROP) Price Target to $398.00
- Negative Sentiment: JPMorgan lowered its price target to $397, another large‑bank trim that tightens analyst price dispersion. JPMorgan Chase & Co. Lowers Roper Technologies (NASDAQ:ROP) Price Target to $397.00
- Negative Sentiment: Oppenheimer’s downgrade coverage (reported broadly) and a separate Oppenheimer note contributed to downward pressure on sentiment. Oppenheimer downgrades Roper Technologies (ROP)
- Negative Sentiment: Stifel downgraded Roper after a second consecutive revenue miss, flagging execution risk in topline recovery. Roper Technologies downgraded at Stifel after 2nd straight revenue miss
- Negative Sentiment: Melius Research lowered its stock rating, adding to the cluster of sell‑side downgrades. Roper Technologies (NASDAQ:ROP) Stock Rating Lowered by Melius Research
- Negative Sentiment: Coverage notes Roper hit a new 52‑week low after the analyst downgrades, reflecting immediate market reaction to the negative consensus shift. Roper Technologies (NASDAQ:ROP) Hits New 52-Week Low on Analyst Downgrade
Wall Street Analyst Weigh In
Several brokerages have commented on ROP. Robert W. Baird set a $550.00 price target on Roper Technologies in a research note on Wednesday. Royal Bank Of Canada dropped their target price on shares of Roper Technologies from $539.00 to $398.00 and set a “sector perform” rating for the company in a research report on Wednesday. Piper Sandler reduced their price target on shares of Roper Technologies from $600.00 to $530.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 13th. Jefferies Financial Group set a $500.00 price objective on shares of Roper Technologies in a research report on Wednesday. Finally, Stifel Nicolaus restated a “hold” rating and set a $385.00 target price (down previously from $550.00) on shares of Roper Technologies in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $478.53.
View Our Latest Analysis on Roper Technologies
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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