Roper Technologies, Inc. $ROP Shares Sold by SouthState Bank Corp

SouthState Bank Corp lessened its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 16.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,649 shares of the industrial products company’s stock after selling 5,723 shares during the quarter. SouthState Bank Corp’s holdings in Roper Technologies were worth $10,138,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Roper Technologies in the fourth quarter valued at approximately $1,112,873,000. Vanguard Group Inc. raised its position in Roper Technologies by 12.5% in the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after acquiring an additional 1,384,656 shares in the last quarter. OpenArc Corporate Advisory LLC purchased a new position in Roper Technologies in the fourth quarter worth $367,567,000. AQR Capital Management LLC lifted its holdings in Roper Technologies by 194.6% in the fourth quarter. AQR Capital Management LLC now owns 772,347 shares of the industrial products company’s stock valued at $343,795,000 after acquiring an additional 510,138 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in Roper Technologies by 131.6% in the third quarter. Qube Research & Technologies Ltd now owns 750,800 shares of the industrial products company’s stock valued at $374,416,000 after acquiring an additional 426,648 shares during the period. Institutional investors and hedge funds own 93.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on ROP shares. 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 note on Friday, April 24th. BMO Capital Markets assumed coverage on shares of Roper Technologies in a report on Friday. They set a “market perform” rating and a $393.00 price objective on the stock. Barclays lowered their target price on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Piper Sandler lifted their price target on shares of Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Finally, Robert W. Baird boosted their price target on Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $467.12.

Roper Technologies Price Performance

Shares of NASDAQ ROP opened at $346.65 on Wednesday. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. The company’s 50-day moving average price is $336.40 and its 200 day moving average price is $358.90. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $566.24. The stock has a market cap of $34.98 billion, a price-to-earnings ratio of 21.65, a PEG ratio of 1.64 and a beta of 0.76.

Roper Technologies (NASDAQ:ROP) last announced its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.97 by $0.19. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The company had revenue of $2.10 billion during the quarter. During the same quarter in the previous year, the firm posted $4.78 EPS. The business’s revenue was up 11.3% on a year-over-year basis. 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, research analysts forecast that Roper Technologies, Inc. will post 21.95 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $3.64 dividend on an annualized basis and a yield of 1.1%. Roper Technologies’s dividend payout ratio is presently 22.74%.

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.