Sands Capital Management LLC Sells 64,457 Shares of Roper Technologies, Inc. $ROP

Sands Capital Management LLC lessened its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 18.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 287,318 shares of the industrial products company’s stock after selling 64,457 shares during the quarter. Sands Capital Management LLC’s holdings in Roper Technologies were worth $127,894,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. CIBC Bancorp USA Inc. purchased a new position in Roper Technologies during the 3rd quarter worth $10,053,000. Dimensional Fund Advisors LP boosted its holdings in Roper Technologies by 6.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 525,245 shares of the industrial products company’s stock worth $261,945,000 after acquiring an additional 30,819 shares during the last quarter. Empire Life Investments Inc. boosted its holdings in Roper Technologies by 38.5% during the 4th quarter. Empire Life Investments Inc. now owns 45,517 shares of the industrial products company’s stock worth $20,261,000 after acquiring an additional 12,645 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Roper Technologies by 19.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 53,098 shares of the industrial products company’s stock worth $23,636,000 after acquiring an additional 8,799 shares during the last quarter. Finally, Vanguard Group Inc. boosted 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 last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ROP has been the topic of a number of analyst reports. Royal Bank Of Canada lifted their price objective on shares of Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Piper Sandler boosted their price target on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Weiss Ratings reissued a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. Barclays cut 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. Finally, Zacks Research raised shares of Roper Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Roper Technologies has an average rating of “Hold” and an average target price of $472.07.

Roper Technologies Price Performance

NASDAQ ROP opened at $334.97 on Monday. The company has a market cap of $33.81 billion, a PE ratio of 20.92, a price-to-earnings-growth ratio of 1.53 and a beta of 0.77. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $575.77. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.52. The firm’s 50-day simple moving average is $341.99 and its two-hundred day simple moving average is $374.69.

Roper Technologies (NASDAQ:ROP) last issued 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 business had revenue of $2.10 billion during the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the company earned $4.78 EPS. 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. Research analysts predict that Roper Technologies, Inc. will post 21.94 earnings per share for the current year.

Roper Technologies Dividend Announcement

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