Public Employees Retirement System of Ohio purchased a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 31,673 shares of the industrial products company’s stock, valued at approximately $10,718,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Private Wealth Management Group LLC boosted its holdings in Roper Technologies by 195.8% in the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after buying an additional 47 shares during the period. Triumph Capital Management bought a new position in shares of Roper Technologies in the third quarter worth about $25,000. Edmond DE Rothschild Holding S.A. bought a new stake in Roper Technologies during the 2nd quarter valued at approximately $27,000. Tucker Asset Management LLC bought a new stake in Roper Technologies during the 4th quarter valued at approximately $33,000. Finally, Global Assets Advisory LLC purchased a new position in Roper Technologies in the 1st quarter worth approximately $36,000. 93.31% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities analysts have recently commented on the stock. Weiss Ratings raised shares of Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 14th. Piper Sandler dropped their price objective on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a report on Friday, July 24th. Robert W. Baird set a $480.00 target price on Roper Technologies in a report on Friday, July 24th. BMO Capital Markets started coverage on Roper Technologies in a research note on Friday, July 10th. They set a “market perform” rating and a $393.00 price target for the company. Finally, Raymond James Financial cut Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $466.94.
Roper Technologies Price Performance
NASDAQ:ROP opened at $424.64 on Tuesday. The firm has a market capitalization of $42.00 billion, a price-to-earnings ratio of 17.59, a PEG ratio of 1.92 and a beta of 0.73. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51. The business has a 50 day simple moving average of $377.95 and a 200-day simple moving average of $355.26. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $532.18.
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued 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 company had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.87 earnings per share. 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. Equities analysts forecast that Roper Technologies, Inc. will post 22.22 EPS for the current year.
Roper Technologies Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, October 2nd. Roper Technologies’s dividend payout ratio (DPR) is 15.08%.
Insider Transactions at Roper Technologies
In other Roper Technologies news, EVP John K. Stipancich sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction of $758,100.00. Following the completion of the transaction, the executive vice president owned 35,634 shares in the company, valued at $13,507,067.70. The trade was a 5.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $361.00, for a total value of $2,322,674.00. Following the transaction, the director directly owned 7,423 shares in the company, valued at approximately $2,679,703. This represents a 46.43% decrease in their position. The SEC filing for this sale provides additional information. 0.80% of the stock is currently owned by insiders.
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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