NorthCrest Asset Manangement LLC Makes New $825,000 Investment in Roper Technologies, Inc. $ROP

NorthCrest Asset Manangement LLC bought a new stake in Roper Technologies, Inc. (NASDAQ:ROP) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,910 shares of the industrial products company’s stock, valued at approximately $825,000.

Several other hedge funds have also made changes to their positions in the business. Asset Dedication LLC raised its holdings in Roper Technologies by 800.0% during the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 40 shares in the last quarter. Field & Main Bank acquired a new position in Roper Technologies during the 3rd quarter worth approximately $25,000. Triumph Capital Management purchased a new position in shares of Roper Technologies during the 3rd quarter worth approximately $25,000. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Roper Technologies by 89.3% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after buying an additional 25 shares during the period. Finally, CoreFirst Bank & Trust purchased a new stake in shares of Roper Technologies in the second quarter valued at approximately $39,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Trading Down 2.1%

NASDAQ:ROP opened at $345.93 on Wednesday. Roper Technologies, Inc. has a 52-week low of $313.07 and a 52-week high of $594.25. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 0.43. The stock has a fifty day simple moving average of $360.49 and a 200-day simple moving average of $430.32. The company has a market capitalization of $35.61 billion, a PE ratio of 24.36, a price-to-earnings-growth ratio of 1.69 and a beta of 0.94.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, beating analysts’ consensus estimates of $5.14 by $0.07. Roper Technologies had a net margin of 19.44% and a return on equity of 10.99%. The firm had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same period in the prior year, the company earned $4.81 EPS. The firm’s revenue was up 9.7% on a year-over-year basis. Roper Technologies has set its FY 2026 guidance at 21.300-21.550 EPS and its Q1 2026 guidance at 4.950-5.000 EPS. On average, equities research analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Monday, April 6th 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 Monday, April 6th. Roper Technologies’s dividend payout ratio (DPR) is 25.63%.

Wall Street Analysts Forecast Growth

ROP has been the subject of several research analyst reports. Citigroup cut their price objective on Roper Technologies from $575.00 to $450.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. The Goldman Sachs Group lowered their price target on shares of Roper Technologies from $507.00 to $440.00 and set a “neutral” rating on the stock in a research note on Thursday, January 29th. Mizuho cut their price target on shares of Roper Technologies from $419.00 to $365.00 and set an “underperform” rating for the company in a report on Wednesday, January 28th. Weiss Ratings downgraded shares of Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, March 11th. Finally, Barclays dropped their target price on shares of Roper Technologies from $475.00 to $409.00 and set an “underweight” rating for the company in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $478.53.

Insider Activity

In related news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was purchased at an average cost of $358.46 per share, for a total transaction of $501,844.00. Following the transaction, the director directly owned 1,400 shares of the company’s stock, valued at approximately $501,844. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.87% of the stock is owned by corporate insiders.

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.