T. Rowe Price Investment Management Inc. Sells 1,982,841 Shares of Roper Technologies, Inc. $ROP

T. Rowe Price Investment Management Inc. lessened its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 68.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 912,958 shares of the industrial products company’s stock after selling 1,982,841 shares during the quarter. T. Rowe Price Investment Management Inc.’s holdings in Roper Technologies were worth $406,385,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new position in shares of Roper Technologies in the fourth quarter valued at approximately $1,112,873,000. Vanguard Group Inc. increased its holdings in 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 worth $5,553,932,000 after acquiring an additional 1,384,656 shares during the period. OpenArc Corporate Advisory LLC purchased a new stake in Roper Technologies in the 4th quarter worth approximately $367,567,000. AQR Capital Management LLC lifted its stake in Roper Technologies by 194.6% in the 4th 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 in the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings 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 purchasing an additional 426,648 shares during the period. 93.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ROP has been the topic of several research analyst reports. Barclays decreased their price target on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a report on Friday, April 24th. Weiss Ratings reissued a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Piper Sandler upped their target price on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Robert W. Baird raised their price target on Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Zacks Research upgraded Roper Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Two equities 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. According to MarketBeat, Roper Technologies has a consensus rating of “Hold” and an average price target of $472.07.

Roper Technologies Stock Performance

Roper Technologies stock opened at $330.26 on Friday. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $575.77. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.49 and a current ratio of 0.53. The stock has a market cap of $33.33 billion, a P/E ratio of 20.63, a price-to-earnings-growth ratio of 1.50 and a beta of 0.77. The firm’s fifty day moving average price is $339.89 and its 200-day moving average price is $371.49.

Roper Technologies (NASDAQ:ROP) last announced its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.97 by $0.19. The company had revenue of $2.10 billion during the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The firm’s revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the firm posted $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. On average, equities research analysts expect that Roper Technologies, Inc. will post 21.95 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Wednesday, July 8th. Roper Technologies’s dividend payout ratio is presently 22.74%.

Roper Technologies 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.