Distillate Capital Partners LLC Makes New $16.91 Million Investment in Roper Technologies, Inc. $ROP

Distillate Capital Partners LLC purchased a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 33,898 shares of the industrial products company’s stock, valued at approximately $16,905,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Roper Technologies by 1.8% in the third quarter. Vanguard Group Inc. now owns 11,092,444 shares of the industrial products company’s stock valued at $5,531,691,000 after acquiring an additional 195,545 shares during the period. State Street Corp increased its holdings in Roper Technologies by 2.1% during the 2nd quarter. State Street Corp now owns 4,940,058 shares of the industrial products company’s stock worth $2,800,222,000 after acquiring an additional 101,033 shares during the period. Principal Financial Group Inc. increased its holdings in Roper Technologies by 2.2% during the 3rd quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company’s stock worth $1,273,387,000 after acquiring an additional 54,221 shares during the period. Norges Bank purchased a new stake in Roper Technologies in the 2nd quarter worth approximately $1,064,718,000. Finally, Franklin Resources Inc. boosted its holdings in Roper Technologies by 2.1% in the 3rd quarter. Franklin Resources Inc. now owns 1,847,398 shares of the industrial products company’s stock valued at $921,279,000 after purchasing an additional 37,766 shares during the period. 93.31% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Roper Technologies

In other news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were bought at an average cost of $358.46 per share, with a total value of $501,844.00. Following the acquisition, the director owned 1,400 shares in the company, valued at approximately $501,844. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.87% of the company’s stock.

Roper Technologies Stock Performance

NASDAQ ROP opened at $351.00 on Monday. Roper Technologies, Inc. has a 52-week low of $313.07 and a 52-week high of $594.25. The company has a fifty day moving average of $371.92 and a 200-day moving average of $438.81. The company has a market capitalization of $36.13 billion, a P/E ratio of 24.72, a P/E/G ratio of 1.68 and a beta of 0.94. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.48 and a current ratio of 0.52.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, beating analysts’ consensus estimates of $5.14 by $0.07. Roper Technologies had a return on equity of 10.99% and a net margin of 19.44%.The business had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the prior year, the firm earned $4.81 earnings per share. 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, equities research analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Monday, April 6th will be given a dividend of $0.91 per share. The ex-dividend date is Monday, April 6th. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio is 25.63%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Robert W. Baird set a $550.00 price target on shares of Roper Technologies in a research report on Wednesday, January 28th. Mizuho lowered their price objective on Roper Technologies from $419.00 to $365.00 and set an “underperform” rating on the stock in a research report on Wednesday, January 28th. Piper Sandler reduced their target price on Roper Technologies from $600.00 to $530.00 and set an “overweight” rating for the company in a research report on Tuesday, January 13th. Citigroup decreased their target price on Roper Technologies from $575.00 to $450.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. Finally, Argus reaffirmed a “hold” rating on shares of Roper Technologies in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Roper Technologies currently has a consensus rating of “Hold” and a consensus target price of $478.53.

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.