Roper Technologies, Inc. $ROP Shares Acquired by Rafferty Asset Management LLC

Rafferty Asset Management LLC grew its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 8.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 60,542 shares of the industrial products company’s stock after purchasing an additional 4,478 shares during the quarter. Rafferty Asset Management LLC owned 0.06% of Roper Technologies worth $30,192,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in shares of Roper Technologies by 1.8% during the third quarter. Vanguard Group Inc. now owns 11,092,444 shares of the industrial products company’s stock worth $5,531,691,000 after acquiring an additional 195,545 shares during the period. State Street Corp grew its stake 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 purchasing an additional 101,033 shares in the last quarter. Geode Capital Management LLC increased its holdings in Roper Technologies by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 2,574,503 shares of the industrial products company’s stock worth $1,453,557,000 after purchasing an additional 27,386 shares during the period. Principal Financial Group Inc. raised its position in Roper Technologies by 2.2% in the 3rd quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company’s stock valued at $1,273,387,000 after purchasing an additional 54,221 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Roper Technologies in the 2nd quarter valued at about $1,064,718,000. 93.31% of the stock is owned by hedge funds and other institutional investors.

Roper Technologies Price Performance

Shares of NASDAQ:ROP opened at $349.73 on Friday. Roper Technologies, Inc. has a 12 month low of $313.07 and a 12 month high of $595.17. The firm has a market capitalization of $36.00 billion, a P/E ratio of 24.63, a P/E/G ratio of 1.67 and a beta of 0.92. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.52 and a quick ratio of 0.48. The company’s fifty day moving average price is $390.03 and its 200 day moving average price is $451.53.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $5.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.14 by $0.07. Roper Technologies had a return on equity of 10.99% and a net margin of 19.44%.The company had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same quarter last year, the company posted $4.81 earnings per share. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. 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, sell-side analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

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

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Citigroup cut their target price on shares of Roper Technologies from $575.00 to $450.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. Jefferies Financial Group set a $500.00 price objective on shares of Roper Technologies in a research report on Wednesday, January 28th. Argus restated a “hold” rating on shares of Roper Technologies in a report on Wednesday, January 28th. Robert W. Baird set a $550.00 target price on shares of Roper Technologies in a research note on Wednesday, January 28th. Finally, Truist Financial cut their price target on Roper Technologies from $650.00 to $550.00 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $478.53.

Insiders Place Their Bets

In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. bought 1,400 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were acquired at an average cost of $358.46 per share, with a total value of $501,844.00. Following the acquisition, the director directly owned 1,400 shares of the company’s stock, valued at $501,844. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.78% of the company’s stock.

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.