Pittenger & Anderson Inc. Sells 10,573 Shares of Roper Technologies, Inc. $ROP

Pittenger & Anderson Inc. trimmed its position in Roper Technologies, Inc. (NASDAQ:ROP) by 86.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 1,640 shares of the industrial products company’s stock after selling 10,573 shares during the period. Pittenger & Anderson Inc.’s holdings in Roper Technologies were worth $580,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Triumph Capital Management bought a new position in Roper Technologies in the 3rd quarter worth $25,000. Private Wealth Management Group LLC boosted its holdings in Roper Technologies by 195.8% during the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 47 shares during the period. Tucker Asset Management LLC bought a new stake in Roper Technologies during the fourth quarter valued at about $33,000. Board of the Pension Protection Fund acquired a new stake in shares of Roper Technologies in the fourth quarter valued at about $36,000. Finally, Kelleher Financial Advisors bought a new position in shares of Roper Technologies in the third quarter worth about $40,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently weighed in on ROP. Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Robert W. Baird raised their target price on Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a report on Friday, April 24th. BMO Capital Markets started coverage on Roper Technologies in a research report on Friday. They issued a “market perform” rating and a $393.00 price objective for the company. Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Finally, Royal Bank Of Canada boosted their target price on shares of Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $467.12.

Roper Technologies Stock Performance

Shares of Roper Technologies stock opened at $355.90 on Monday. The firm has a market capitalization of $35.92 billion, a PE ratio of 22.23, a price-to-earnings-growth ratio of 1.62 and a beta of 0.76. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.49. The company’s fifty day moving average price is $336.48 and its two-hundred day moving average price is $360.26. Roper Technologies, Inc. has a 52-week low of $305.96 and a 52-week high of $566.24.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. On average, analysts expect that Roper Technologies, Inc. will post 21.95 EPS for the current year.

Roper Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be given a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.0%. 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.