Truist Financial Corp Cuts Stake in Roper Technologies, Inc. $ROP

Truist Financial Corp cut its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 24.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,134 shares of the industrial products company’s stock after selling 2,360 shares during the period. Truist Financial Corp’s holdings in Roper Technologies were worth $3,175,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake 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 buying an additional 1,384,656 shares during the last quarter. State Street Corp lifted its position in Roper Technologies by 0.9% during the 3rd quarter. State Street Corp now owns 4,986,755 shares of the industrial products company’s stock worth $2,486,845,000 after acquiring an additional 46,697 shares during the period. Principal Financial Group Inc. lifted its position in Roper Technologies by 2.2% during the 3rd 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. Franklin Resources Inc. lifted its position in Roper Technologies by 2.1% during the 3rd quarter. Franklin Resources Inc. now owns 1,847,398 shares of the industrial products company’s stock worth $921,279,000 after acquiring an additional 37,766 shares during the period. Finally, Invesco Ltd. lifted its position in Roper Technologies by 12.1% during the 3rd quarter. Invesco Ltd. now owns 1,677,331 shares of the industrial products company’s stock worth $836,468,000 after acquiring an additional 181,243 shares during the period. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Roper Technologies Trading Down 4.2%

Shares of Roper Technologies stock opened at $328.80 on Tuesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.49. Roper Technologies, Inc. has a 1 year low of $313.07 and a 1 year high of $584.03. The company has a market capitalization of $33.18 billion, a P/E ratio of 20.54, a P/E/G ratio of 1.56 and a beta of 0.81. The business has a 50 day moving average price of $354.35 and a 200 day moving average price of $395.76.

Roper Technologies (NASDAQ:ROP) last released its earnings results 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 firm 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 period in the previous 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. Sell-side analysts anticipate that Roper Technologies, Inc. will post 21.94 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders 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 annualized dividend and a dividend yield of 1.1%. Roper Technologies’s payout ratio is currently 22.74%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ROP. Citigroup decreased their price objective on Roper Technologies from $575.00 to $450.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. Truist Financial decreased their target price on Roper Technologies from $650.00 to $550.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. JPMorgan Chase & Co. cut their price target on Roper Technologies from $457.00 to $397.00 and set an “underweight” rating on the stock in a research note on Wednesday, January 28th. Piper Sandler raised their price target on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Finally, Oppenheimer restated a “market perform” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $472.07.

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.