Assetmark Inc. Sells 8,949 Shares of Roper Technologies, Inc. $ROP

Assetmark Inc. decreased its holdings in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 76.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,791 shares of the industrial products company’s stock after selling 8,949 shares during the quarter. Assetmark Inc.’s holdings in Roper Technologies were worth $988,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ROP. Norges Bank bought a new position in Roper Technologies during the 4th quarter worth $1,112,873,000. Vanguard Group Inc. boosted its position in shares of Roper Technologies by 12.5% during the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock valued at $5,553,932,000 after purchasing an additional 1,384,656 shares in the last quarter. OpenArc Corporate Advisory LLC acquired a new stake in shares of Roper Technologies during the 4th quarter worth approximately $367,567,000. AQR Capital Management LLC grew its holdings in Roper Technologies by 194.6% in the fourth quarter. AQR Capital Management LLC now owns 772,347 shares of the industrial products company’s stock worth $343,795,000 after purchasing an additional 510,138 shares during the period. Finally, Qube Research & Technologies Ltd increased its position in Roper Technologies by 131.6% in the 3rd quarter. Qube Research & Technologies Ltd now owns 750,800 shares of the industrial products company’s stock valued at $374,416,000 after buying an additional 426,648 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ROP has been the topic of several recent research reports. Royal Bank Of Canada increased their price target on Roper Technologies from $407.00 to $417.00 and gave the stock a “sector perform” rating in a report on Friday. Barclays decreased their price objective on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a report on Friday, April 24th. BMO Capital Markets started coverage on Roper Technologies in a research report on Friday, July 10th. They set a “market perform” rating and a $393.00 target price on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Roper Technologies in a research report on Monday, June 8th. Finally, Piper Sandler decreased their price target on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research note on Friday. Six analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Roper Technologies currently has an average rating of “Hold” and a consensus price target of $466.88.

Get Our Latest Stock Analysis on ROP

Roper Technologies Stock Up 3.4%

Shares of NASDAQ:ROP opened at $367.34 on Friday. The business’s 50 day moving average is $340.29 and its 200 day moving average is $354.44. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $564.68. The stock has a market cap of $37.07 billion, a price-to-earnings ratio of 15.22, a PEG ratio of 1.65 and a beta of 0.76. The company has a quick ratio of 0.49, a current ratio of 0.55 and a debt-to-equity ratio of 0.57.

Roper Technologies (NASDAQ:ROPGet Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The business had revenue of $2.11 billion for the quarter. During the same quarter last year, the business posted $4.87 earnings per share. Roper Technologies’s revenue was up 8.5% on a year-over-year basis. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. On average, sell-side analysts forecast that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were given a dividend of $0.91 per share. The ex-dividend date of this dividend was Wednesday, July 8th. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio (DPR) is currently 15.08%.

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About Roper Technologies

(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.

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

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