Roper Technologies, Inc. $ROP Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. grew its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 14.5% during the first quarter, HoldingsChannel reports. The fund owned 34,615 shares of the industrial products company’s stock after purchasing an additional 4,384 shares during the period. PNC Financial Services Group Inc.’s holdings in Roper Technologies were worth $12,249,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ROP. Oslo Pensjonsforsikring AS acquired a new stake in Roper Technologies during the first quarter worth approximately $404,000. Baader Bank Aktiengesellschaft grew its position in shares of Roper Technologies by 204.1% in the 1st quarter. Baader Bank Aktiengesellschaft now owns 1,408 shares of the industrial products company’s stock valued at $488,000 after buying an additional 945 shares during the last quarter. Summit Global Investments grew its position in shares of Roper Technologies by 165.7% in the 1st quarter. Summit Global Investments now owns 2,402 shares of the industrial products company’s stock valued at $850,000 after buying an additional 1,498 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in Roper Technologies during the 1st quarter worth $134,000. Finally, Earned Wealth Advisors LLC lifted its position in Roper Technologies by 56.3% in the first quarter. Earned Wealth Advisors LLC now owns 777 shares of the industrial products company’s stock valued at $275,000 after acquiring an additional 280 shares during the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Royal Bank Of Canada raised their price objective on Roper Technologies from $407.00 to $417.00 and gave the stock a “sector perform” rating in a report on Friday. Raymond James Financial downgraded Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday. Barclays decreased their target price on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. Piper Sandler cut their price target on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, BMO Capital Markets assumed coverage on Roper Technologies in a research note on Friday, July 10th. They issued a “market perform” rating and a $393.00 price objective for the company. Six investment 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 MarketBeat.com, Roper Technologies has a consensus rating of “Hold” and an average target price of $466.88.

Roper Technologies Price Performance

Shares of NASDAQ:ROP opened at $367.34 on Friday. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $564.68. The stock has a market capitalization 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 50-day simple moving average of $340.29 and a 200-day simple moving average of $354.44. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.49 and a current ratio of 0.55.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.29 by $0.09. The firm had revenue of $2.11 billion for the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the prior year, the business earned $4.87 EPS. 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, analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were issued a $0.91 dividend. The ex-dividend date of this dividend was Wednesday, July 8th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. Roper Technologies’s payout ratio is presently 15.08%.

Roper Technologies News Summary

Here are the key news stories impacting Roper Technologies this week:

• Positive Sentiment: Roper posted Q2 adjusted EPS of $5.38, topping the $5.29 consensus, while revenue rose 8.5% year over year to $2.11 billion, signaling solid operational momentum. Roper Technologies Lifts 2026 Targets, 2Q Profit, Revenues Rise
• Positive Sentiment: The company raised full-year 2026 guidance, now expecting EPS of $22.15 to $22.30 and Q3 EPS of $5.75 to $5.80, both above prior Wall Street expectations. Roper Technologies raises annual profit forecast on AI software demand 2026-07-23
• Positive Sentiment: Management said demand is benefiting from AI-integrated software products, reinforcing the growth story in its software-focused businesses. Roper Q2 Earnings Top Estimates, Application Software Sales Up Y/Y
• Neutral Sentiment: Piper Sandler trimmed its price target to $526 from $540, but kept an Overweight rating, suggesting the firm still sees meaningful upside from current levels.

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.