WealthPlan Investment Management LLC Has $1.64 Million Stake in Roper Technologies, Inc. $ROP

WealthPlan Investment Management LLC lowered its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 46.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,687 shares of the industrial products company’s stock after selling 3,158 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Roper Technologies were worth $1,641,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of ROP. Johnson Investment Counsel Inc. increased its stake in shares of Roper Technologies by 2.8% in the third quarter. Johnson Investment Counsel Inc. now owns 162,291 shares of the industrial products company’s stock worth $80,933,000 after acquiring an additional 4,479 shares during the period. ING Groep NV increased its stake in shares of Roper Technologies by 175.7% in the third quarter. ING Groep NV now owns 118,749 shares of the industrial products company’s stock worth $59,219,000 after acquiring an additional 75,675 shares during the period. Principal Financial Group Inc. increased its stake in shares of Roper Technologies by 2.2% in the third quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company’s stock worth $1,273,387,000 after acquiring an additional 54,221 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in shares of Roper Technologies in the third quarter worth $10,053,000. Finally, Y Intercept Hong Kong Ltd grew its position in Roper Technologies by 2,340.9% during the third quarter. Y Intercept Hong Kong Ltd now owns 20,943 shares of the industrial products company’s stock valued at $10,444,000 after buying an additional 20,085 shares during the period. Institutional investors own 93.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ROP. JPMorgan Chase & Co. dropped their target price on Roper Technologies from $457.00 to $397.00 and set an “underweight” rating on the stock in a research report on Wednesday, January 28th. Piper Sandler raised their target price on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. TD Cowen restated a “buy” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. Oppenheimer reaffirmed a “market perform” rating on shares of Roper Technologies in a report on Wednesday, January 28th. Finally, Jefferies Financial Group set a $500.00 price objective on shares of Roper Technologies in a report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $472.07.

Roper Technologies Stock Performance

NASDAQ:ROP opened at $320.90 on Monday. The company’s 50-day moving average price is $351.51 and its 200-day moving average price is $391.16. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. The company has a market cap of $32.39 billion, a P/E ratio of 20.04, a P/E/G ratio of 1.46 and a beta of 0.81. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $584.03.

Roper Technologies (NASDAQ:ROP) last issued its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, topping analysts’ consensus estimates of $4.97 by $0.19. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The company had revenue of $2.10 billion for the quarter. During the same period last year, the firm earned $4.78 earnings per share. Roper Technologies’s revenue for the quarter was up 11.3% on a year-over-year basis. 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, sell-side analysts forecast that Roper Technologies, Inc. will post 21.94 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, April 22nd. Shareholders of record on Monday, April 6th were paid a dividend of $0.91 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a $3.64 dividend on an annualized basis and a yield of 1.1%. Roper Technologies’s payout ratio is 22.74%.

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.