3,682 Shares in Roper Technologies, Inc. $ROP Acquired by North Dakota State Investment Board

North Dakota State Investment Board bought a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,682 shares of the industrial products company’s stock, valued at approximately $1,639,000.

Several other hedge funds have also added to or reduced their stakes in the business. iA Global Asset Management Inc. boosted its position in Roper Technologies by 7.4% during the 4th quarter. iA Global Asset Management Inc. now owns 13,384 shares of the industrial products company’s stock worth $5,958,000 after buying an additional 922 shares during the period. Beese Fulmer Investment Management Inc. boosted its position in Roper Technologies by 31.5% during the 4th quarter. Beese Fulmer Investment Management Inc. now owns 1,470 shares of the industrial products company’s stock worth $654,000 after buying an additional 352 shares during the period. Canada Post Corp Registered Pension Plan boosted its position in Roper Technologies by 31.9% during the 4th quarter. Canada Post Corp Registered Pension Plan now owns 2,355 shares of the industrial products company’s stock worth $1,048,000 after buying an additional 570 shares during the period. Qsemble Capital Management LP acquired a new stake in Roper Technologies during the 4th quarter worth approximately $5,073,000. Finally, Catawba River Capital lifted its position in shares of Roper Technologies by 2.9% in the 4th quarter. Catawba River Capital now owns 14,668 shares of the industrial products company’s stock worth $6,529,000 after purchasing an additional 417 shares during the period. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Argus reiterated a “hold” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Mizuho lowered their price objective on shares of Roper Technologies from $419.00 to $365.00 and set an “underperform” rating on the stock in a report on Wednesday, January 28th. TD Cowen restated a “buy” rating on shares of Roper Technologies in a report on Wednesday, January 28th. Robert W. Baird upped 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, Truist Financial lowered their price objective on shares of Roper Technologies from $650.00 to $550.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. Two 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 assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $472.07.

Roper Technologies Stock Performance

ROP opened at $328.91 on Wednesday. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. The company’s fifty day moving average price is $350.04 and its two-hundred day moving average price is $389.46. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $583.95. The company has a market cap of $33.19 billion, a price-to-earnings ratio of 20.54, a PEG ratio of 1.51 and a beta of 0.81.

Roper Technologies (NASDAQ:ROP) last announced its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, beating the consensus estimate of $4.97 by $0.19. The company had revenue of $2.10 billion during the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.78 EPS. 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. On average, analysts expect that Roper Technologies, Inc. will post 21.94 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Monday, April 6th were issued a $0.91 dividend. The ex-dividend date was Monday, April 6th. This represents a $3.64 annualized dividend and a dividend yield of 1.1%. Roper Technologies’s dividend payout ratio is currently 22.74%.

About Roper Technologies

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.