Public Employees Retirement System of Ohio Has $15.10 Million Stock Position in Roper Technologies, Inc. $ROP

Public Employees Retirement System of Ohio reduced its position in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 10.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 42,675 shares of the industrial products company’s stock after selling 5,151 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Roper Technologies were worth $15,101,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Private Wealth Management Group LLC lifted its holdings in Roper Technologies by 195.8% in the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after buying an additional 47 shares during the period. Triumph Capital Management bought a new stake in shares of Roper Technologies during the 3rd quarter valued at $25,000. Tucker Asset Management LLC bought a new stake in shares of Roper Technologies during the 4th quarter valued at $33,000. Global Assets Advisory LLC acquired a new position in shares of Roper Technologies in the 1st quarter valued at $36,000. Finally, Kelleher Financial Advisors bought a new position in shares of Roper Technologies in the 3rd quarter worth $40,000. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Performance

Shares of ROP stock opened at $367.34 on Monday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $564.68. The company’s 50 day moving average price is $340.29 and its two-hundred day moving average price is $353.90. The company has a market capitalization of $37.07 billion, a P/E ratio of 15.22, a price-to-earnings-growth ratio of 1.65 and a beta of 0.76.

Roper Technologies (NASDAQ:ROPGet Free Report) last released its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The company had revenue of $2.11 billion during the quarter. During the same quarter last year, the company earned $4.87 EPS. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. On average, analysts expect that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were 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 was Wednesday, July 8th. Roper Technologies’s dividend payout ratio is 15.08%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Piper Sandler dropped their price objective on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a report on Friday. Barclays reduced their target price on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a report on Friday, April 24th. BMO Capital Markets started coverage on Roper Technologies in a research report on Friday, July 10th. They set a “market perform” rating and a $393.00 target price for the company. Royal Bank Of Canada upped their price target on Roper Technologies from $407.00 to $417.00 and gave the company a “sector perform” rating in a research note on Friday. Finally, Zacks Research lowered shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Six equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $466.88.

Read Our Latest Stock Analysis on Roper Technologies

Key Roper Technologies News

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Roper Technologies Company 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.

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

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