Praxis Investment Management Inc. Has $1.32 Million Position in Roper Technologies, Inc. $ROP

Praxis Investment Management Inc. cut its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 41.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,740 shares of the industrial products company’s stock after selling 2,600 shares during the quarter. Praxis Investment Management Inc.’s holdings in Roper Technologies were worth $1,323,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in ROP. Triumph Capital Management acquired a new position in Roper Technologies in the third quarter valued at about $25,000. Private Wealth Management Group LLC increased its holdings in shares of Roper Technologies by 195.8% during the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after buying an additional 47 shares in the last quarter. Tucker Asset Management LLC bought a new position in shares of Roper Technologies in the fourth quarter valued at approximately $33,000. Board of the Pension Protection Fund bought a new position in shares of Roper Technologies in the fourth quarter valued at approximately $36,000. Finally, Kelleher Financial Advisors acquired a new position in shares of Roper Technologies in the 3rd quarter worth approximately $40,000. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Performance

ROP stock opened at $364.20 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 twelve month low of $305.96 and a twelve month high of $575.77. The company has a market cap of $36.76 billion, a P/E ratio of 22.75, a PEG ratio of 1.66 and a beta of 0.76. The business has a fifty day moving average of $336.18 and a 200-day moving average of $363.96.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings data 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. 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 during the quarter. During the same quarter in the previous year, the business earned $4.78 earnings per share. Roper Technologies’s revenue for the quarter 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. As a group, equities research analysts expect that Roper Technologies, Inc. will post 21.95 EPS for the current year.

Roper Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, July 8th. Roper Technologies’s payout ratio is currently 22.74%.

Analysts Set New Price Targets

A number of research firms recently weighed in on ROP. Robert W. Baird raised their price target on Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Barclays lowered their target price on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research note on Friday, April 24th. Piper Sandler lifted their price target on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Royal Bank Of Canada upped their price target on shares of Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, Roper Technologies has a consensus rating of “Hold” and a consensus target price of $472.07.

Roper Technologies 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.