North Dakota State Investment Board bought a new stake in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,682 shares of the industrial products company’s stock, valued at approximately $1,639,000.
Several other institutional investors and hedge funds also recently made changes to their positions in ROP. Vanguard Group Inc. boosted its stake in Roper Technologies by 12.5% in the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock valued at $5,553,932,000 after acquiring an additional 1,384,656 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Roper Technologies by 62.5% in the third quarter. JPMorgan Chase & Co. now owns 1,585,732 shares of the industrial products company’s stock valued at $790,789,000 after acquiring an additional 610,089 shares during the last quarter. Flossbach Von Storch SE boosted its stake in Roper Technologies by 130.3% in the third quarter. Flossbach Von Storch SE now owns 896,161 shares of the industrial products company’s stock valued at $446,907,000 after acquiring an additional 507,083 shares during the last quarter. Qube Research & Technologies Ltd boosted its stake in Roper Technologies by 131.6% in the third quarter. Qube Research & Technologies Ltd now owns 750,800 shares of the industrial products company’s stock valued at $374,416,000 after acquiring an additional 426,648 shares during the last quarter. Finally, Van ECK Associates Corp purchased a new position in Roper Technologies in the third quarter valued at about $200,009,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.
Analysts Set New Price Targets
ROP has been the topic of a number of research analyst reports. Robert W. Baird boosted their target price on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Jefferies Financial Group set a $500.00 target price on shares of Roper Technologies in a research note on Wednesday, January 28th. Argus reiterated a “hold” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Barclays dropped their target price on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research note on Friday, April 24th. Finally, TD Cowen reiterated a “buy” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Roper Technologies presently has an average rating of “Hold” and a consensus target price of $472.07.
Roper Technologies Price Performance
ROP stock opened at $328.91 on Wednesday. The firm has a 50 day moving average of $350.04 and a 200-day moving average of $389.46. 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, Inc. has a 12 month low of $305.96 and a 12 month high of $583.95. The firm has a market capitalization of $33.19 billion, a P/E ratio of 20.54, a price-to-earnings-growth ratio of 1.51 and a beta of 0.81.
Roper Technologies (NASDAQ:ROP – Get Free Report) last released its quarterly earnings data 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. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The company had revenue of $2.10 billion during the quarter. During the same quarter last year, the business posted $4.78 earnings per share. Roper Technologies’s revenue was up 11.3% compared to the same quarter last year. 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, sell-side analysts predict that Roper Technologies, Inc. will post 21.94 earnings per share for the current fiscal year.
Roper Technologies Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Investors of record on Monday, April 6th were paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Monday, April 6th. Roper Technologies’s dividend payout ratio (DPR) is currently 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.
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