OP Asset Management Ltd purchased a new stake in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 10,881 shares of the industrial products company’s stock, valued at approximately $3,850,000.
Other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in Roper Technologies by 12.5% in 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 period. State Street Corp grew its position in shares of Roper Technologies by 2.1% in the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock valued at $2,266,604,000 after purchasing an additional 105,250 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Roper Technologies by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock valued at $1,172,099,000 after purchasing an additional 22,335 shares during the last quarter. Norges Bank bought a new position in shares of Roper Technologies in the fourth quarter worth about $1,112,873,000. Finally, Invesco Ltd. lifted its position in shares of Roper Technologies by 11.0% during the 4th quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock worth $828,821,000 after purchasing an additional 184,644 shares during the last quarter. 93.31% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the company. Barclays dropped their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Piper Sandler boosted their target price on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Royal Bank Of Canada upped their target price on shares of Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Robert W. Baird increased their price target on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a research report on Monday, June 8th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $472.07.
Roper Technologies Price Performance
Shares of ROP stock opened at $338.31 on Friday. Roper Technologies, Inc. has a 12 month low of $305.96 and a 12 month high of $575.77. The company has a market capitalization of $34.14 billion, a P/E ratio of 21.13, a P/E/G ratio of 1.51 and a beta of 0.77. The stock has a 50 day moving average of $337.29 and a two-hundred day moving average of $367.22. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52.
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, beating analysts’ consensus estimates 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 business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the company 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. As a group, equities analysts expect that Roper Technologies, Inc. will post 21.95 EPS for the current year.
Roper Technologies Dividend Announcement
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 1.1%. The ex-dividend date of this dividend is Wednesday, July 8th. Roper Technologies’s dividend payout ratio is 22.74%.
Roper Technologies 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.
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