Public Employees Retirement System of Ohio reduced its position in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free 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 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
Here are the key news stories impacting Roper Technologies this week:
- Positive Sentiment: Roper posted Q2 adjusted EPS of $5.38, topping the $5.29 consensus, while revenue rose 8.5% year over year to $2.11 billion, signaling solid operational momentum. Roper Technologies Lifts 2026 Targets, 2Q Profit, Revenues Rise
- Positive Sentiment: The company raised full-year 2026 guidance, now expecting EPS of $22.15 to $22.30 and Q3 EPS of $5.75 to $5.80, both above prior Wall Street expectations. Roper Technologies raises annual profit forecast on AI software demand 2026-07-23
- Positive Sentiment: Management said demand is benefiting from AI-integrated software products, reinforcing the growth story in its software-focused businesses. Roper Q2 Earnings Top Estimates, Application Software Sales Up Y/Y
- Neutral Sentiment: Piper Sandler trimmed its price target to $526 from $540, but kept an Overweight rating, suggesting the firm still sees meaningful upside from current levels.
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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