NZS Capital LLC Purchases 73,113 Shares of Roper Technologies, Inc. $ROP

NZS Capital LLC lifted its position in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 50.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 218,882 shares of the industrial products company’s stock after buying an additional 73,113 shares during the quarter. Roper Technologies makes up 3.3% of NZS Capital LLC’s investment portfolio, making the stock its 6th largest position. NZS Capital LLC’s holdings in Roper Technologies were worth $109,154,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Field & Main Bank purchased a new stake in Roper Technologies in the 3rd quarter worth approximately $25,000. Asset Dedication LLC boosted its holdings in shares of Roper Technologies by 800.0% during the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 40 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its position in shares of Roper Technologies by 89.3% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 25 shares during the period. Quent Capital LLC acquired a new position in Roper Technologies in the third quarter valued at $37,000. Finally, CoreFirst Bank & Trust purchased a new position in Roper Technologies during the second quarter worth about $39,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Analysts Set New Price Targets

ROP has been the subject of several recent analyst reports. Piper Sandler lowered their price target on Roper Technologies from $600.00 to $530.00 and set an “overweight” rating for the company in a report on Tuesday, January 13th. Stifel Nicolaus reaffirmed a “hold” rating and set a $385.00 price target (down from $550.00) on shares of Roper Technologies in a research report on Tuesday, January 27th. Oppenheimer reaffirmed a “market perform” rating on shares of Roper Technologies in a research note 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 objective for the company. in a research note on Tuesday, January 27th. Finally, Argus reaffirmed a “hold” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $478.53.

View Our Latest Analysis on ROP

Insider Buying and Selling

In related news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was purchased at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the acquisition, the director directly owned 1,400 shares in the company, valued at $501,844. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.87% of the company’s stock.

Roper Technologies Price Performance

Roper Technologies stock opened at $356.00 on Wednesday. The firm has a fifty day moving average of $386.25 and a 200-day moving average of $448.61. Roper Technologies, Inc. has a 52-week low of $313.07 and a 52-week high of $595.17. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $36.64 billion, a P/E ratio of 25.07, a PEG ratio of 1.69 and a beta of 0.94.

Roper Technologies (NASDAQ:ROPGet Free Report) last announced its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $5.21 earnings per share for the quarter, topping analysts’ consensus estimates of $5.14 by $0.07. Roper Technologies had a net margin of 19.44% and a return on equity of 10.99%. The firm had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same period in the prior year, the company earned $4.81 EPS. The firm’s revenue was up 9.7% on a year-over-year basis. Roper Technologies has set its FY 2026 guidance at 21.300-21.550 EPS and its Q1 2026 guidance at 4.950-5.000 EPS. As a group, analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Monday, April 6th will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Monday, April 6th. Roper Technologies’s dividend payout ratio (DPR) is presently 25.63%.

Roper Technologies Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NASDAQ:ROPFree Report).

Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.