North Star Asset Management Inc. raised its stake in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 14.0% during the 4th quarter, HoldingsChannel reports. The firm owned 36,317 shares of the industrial products company’s stock after acquiring an additional 4,462 shares during the period. North Star Asset Management Inc.’s holdings in Roper Technologies were worth $16,166,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Field & Main Bank purchased a new position in shares of Roper Technologies in the 3rd quarter valued at approximately $25,000. Triumph Capital Management purchased a new position in shares of Roper Technologies in the 3rd quarter valued at approximately $25,000. Tucker Asset Management LLC purchased a new position in shares of Roper Technologies in the 4th quarter valued at approximately $33,000. Kelleher Financial Advisors purchased a new position in shares of Roper Technologies in the 3rd quarter valued at approximately $40,000. Finally, Board of the Pension Protection Fund purchased a new position in shares of Roper Technologies in the 4th quarter valued at approximately $36,000. 93.31% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on ROP. Stifel Nicolaus restated a “hold” rating and issued a $385.00 price target (down from $550.00) on shares of Roper Technologies in a research note on Tuesday, January 27th. The Goldman Sachs Group decreased their price target on Roper Technologies from $507.00 to $440.00 and set a “neutral” rating on the stock in a research note on Thursday, January 29th. Citigroup decreased their target price on shares of Roper Technologies from $575.00 to $450.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. Melius Research cut shares of Roper Technologies from a “buy” rating to a “hold” rating and set a $479.00 price target on the stock. in a research note on Tuesday, January 27th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, Roper Technologies has an average rating of “Hold” and a consensus target price of $472.07.
Roper Technologies Stock Up 0.9%
Shares of NASDAQ ROP opened at $326.94 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.52. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $576.55. The firm has a 50-day moving average price of $348.14 and a 200 day moving average price of $387.32. The stock has a market capitalization of $32.99 billion, a price-to-earnings ratio of 20.42, a price-to-earnings-growth ratio of 1.49 and a beta of 0.81.
Roper Technologies (NASDAQ:ROP – Get Free Report) last posted its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, topping analysts’ consensus estimates of $4.97 by $0.19. The company had revenue of $2.10 billion for the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.78 earnings per share. 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. Equities research analysts anticipate that Roper Technologies, Inc. will post 21.94 EPS for the current fiscal year.
Roper Technologies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be 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 is Wednesday, July 8th. Roper Technologies’s dividend payout ratio 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.
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