Bank of New York Mellon Corp Sells 42,390 Shares of Roper Technologies, Inc. $ROP

Bank of New York Mellon Corp cut its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 620,532 shares of the industrial products company’s stock after selling 42,390 shares during the period. Bank of New York Mellon Corp’s holdings in Roper Technologies were worth $276,218,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Triumph Capital Management bought a new stake in shares of Roper Technologies in the 3rd quarter valued at approximately $25,000. Tucker Asset Management LLC bought a new stake in shares of Roper Technologies in the 4th quarter valued at approximately $33,000. Board of the Pension Protection Fund bought a new stake in shares of Roper Technologies in the 4th quarter valued at approximately $36,000. Kelleher Financial Advisors bought a new stake in shares of Roper Technologies in the 3rd quarter valued at approximately $40,000. Finally, Cornerstone Planning Group LLC lifted its stake in shares of Roper Technologies by 36.8% in the 3rd quarter. Cornerstone Planning Group LLC now owns 93 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 25 shares during the last quarter. 93.31% of the stock is owned by institutional investors.

Roper Technologies Trading Up 0.0%

ROP opened at $331.80 on Friday. The stock’s fifty day moving average is $344.00 and its two-hundred day moving average is $379.30. The company has a market capitalization of $33.49 billion, a P/E ratio of 20.72, a PEG ratio of 1.51 and a beta of 0.77. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $576.49. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.52.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, topping the consensus estimate of $4.97 by $0.19. The company had revenue of $2.10 billion for the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Analysts forecast that Roper Technologies, Inc. will post 21.94 earnings per share for the current year.

Roper Technologies Announces Dividend

The business 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. This represents a $3.64 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, July 8th. Roper Technologies’s dividend payout ratio (DPR) is 22.74%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Zacks Research raised Roper Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Barclays reduced their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a report on Friday, April 24th. Robert W. Baird increased their price target on Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Royal Bank Of Canada increased their price target on Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Finally, Piper Sandler increased their price target on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $472.07.

About Roper Technologies

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.