Kentucky Retirement Systems Grows Position in Roper Technologies, Inc. $ROP

Kentucky Retirement Systems lifted its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 21.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,199 shares of the industrial products company’s stock after purchasing an additional 1,458 shares during the quarter. Kentucky Retirement Systems’ holdings in Roper Technologies were worth $2,901,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Empire Life Investments Inc. increased its holdings in Roper Technologies by 38.5% in the 4th quarter. Empire Life Investments Inc. now owns 45,517 shares of the industrial products company’s stock valued at $20,261,000 after purchasing an additional 12,645 shares in the last quarter. Horizon Investments LLC boosted its position in shares of Roper Technologies by 94.7% in the fourth quarter. Horizon Investments LLC now owns 9,519 shares of the industrial products company’s stock worth $4,229,000 after buying an additional 4,629 shares during the period. BNP Paribas Financial Markets boosted its position in shares of Roper Technologies by 31.6% in the fourth quarter. BNP Paribas Financial Markets now owns 444,950 shares of the industrial products company’s stock worth $198,061,000 after buying an additional 106,902 shares during the period. Vanguard Group Inc. grew its stake in shares of 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 buying an additional 1,384,656 shares in the last quarter. Finally, Mattern Capital Management LLC raised its holdings in shares of Roper Technologies by 36.6% during the 4th quarter. Mattern Capital Management LLC now owns 18,516 shares of the industrial products company’s stock valued at $8,242,000 after buying an additional 4,966 shares during the period. 93.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ROP has been the topic of several recent research reports. Piper Sandler reduced their price target on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Royal Bank Of Canada lifted their price objective on shares of Roper Technologies from $407.00 to $417.00 and gave the company a “sector perform” rating in a research note on Friday, July 24th. Mizuho set a $355.00 target price on shares of Roper Technologies in a research report on Tuesday, July 21st. JPMorgan Chase & Co. upped their target price on shares of Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research note on Wednesday. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Six equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $468.00.

Roper Technologies Stock Performance

Roper Technologies stock opened at $389.25 on Friday. The stock has a market cap of $39.28 billion, a P/E ratio of 16.12, a price-to-earnings-growth ratio of 1.84 and a beta of 0.76. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. The stock has a 50 day moving average of $345.41 and a 200-day moving average of $352.63. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $556.23.

Roper Technologies (NASDAQ:ROP) 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 business had revenue of $2.11 billion during the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The firm’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the firm posted $4.87 EPS. 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. On average, analysts expect that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were given a $0.91 dividend. The ex-dividend date of this dividend was Wednesday, July 8th. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. Roper Technologies’s payout ratio is presently 15.08%.

Insider Transactions at Roper Technologies

In other news, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction dated 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 sale, the director owned 7,423 shares in the company, valued at approximately $2,679,703. This represents a 46.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of the stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction of $758,100.00. Following the transaction, the executive vice president directly owned 35,634 shares in the company, valued at $13,507,067.70. The trade was a 5.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.80% of the company’s stock.

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.