Summit Global Investments Buys 1,498 Shares of Roper Technologies, Inc. $ROP

Summit Global Investments increased its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 165.7% during the 1st quarter, HoldingsChannel reports. The firm owned 2,402 shares of the industrial products company’s stock after buying an additional 1,498 shares during the period. Summit Global Investments’ holdings in Roper Technologies were worth $850,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Roper Technologies during the 4th quarter valued at $1,112,873,000. Vanguard Group Inc. boosted its stake in shares of 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 buying an additional 1,384,656 shares during the last quarter. OpenArc Corporate Advisory LLC bought a new stake in shares of Roper Technologies in the fourth quarter worth $367,567,000. AQR Capital Management LLC increased its position in Roper Technologies by 194.6% during the fourth quarter. AQR Capital Management LLC now owns 772,347 shares of the industrial products company’s stock valued at $343,795,000 after acquiring an additional 510,138 shares during the last quarter. Finally, Qube Research & Technologies Ltd increased its position in Roper Technologies by 131.6% during 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. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on ROP shares. Piper Sandler raised their target price on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Mizuho set a $355.00 price target on shares of Roper Technologies in a research report on Tuesday. Zacks Research cut shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Robert W. Baird raised their price objective on shares of Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Royal Bank Of Canada boosted 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 report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, Roper Technologies presently has a consensus rating of “Hold” and an average target price of $466.50.

Roper Technologies Stock Performance

NASDAQ:ROP opened at $350.69 on Wednesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.49 and a current ratio of 0.53. The stock has a 50-day simple moving average of $338.21 and a two-hundred day simple moving average of $355.68. The firm has a market capitalization of $35.39 billion, a PE ratio of 21.90, a P/E/G ratio of 1.65 and a beta of 0.76. Roper Technologies, Inc. has a 52-week low of $305.96 and a 52-week high of $566.24.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, topping the consensus estimate of $4.97 by $0.19. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The firm had revenue of $2.10 billion for the quarter. During the same period last year, the business earned $4.78 EPS. The firm’s quarterly 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. Analysts forecast that Roper Technologies, Inc. will post 21.95 EPS for the current year.

Roper Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be paid a dividend of $0.91 per share. The ex-dividend date is Wednesday, July 8th. This represents a $3.64 dividend on an annualized basis and a yield of 1.0%. Roper Technologies’s dividend payout ratio (DPR) is presently 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.