Legal & General Group Plc Purchases 24,092 Shares of Roper Technologies, Inc. $ROP

Legal & General Group Plc raised its position in Roper Technologies, Inc. (NASDAQ:ROP) by 3.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 730,810 shares of the industrial products company’s stock after acquiring an additional 24,092 shares during the period. Legal & General Group Plc owned about 0.68% of Roper Technologies worth $364,448,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Asset Dedication LLC raised its stake in shares of Roper Technologies by 800.0% in the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 40 shares in the last quarter. Field & Main Bank acquired a new stake in Roper Technologies during the third quarter worth $25,000. Vermillion & White Wealth Management Group LLC increased its holdings in Roper Technologies by 89.3% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after buying an additional 25 shares during the period. CoreFirst Bank & Trust acquired a new position in shares of Roper Technologies in the 2nd quarter valued at $39,000. Finally, Quent Capital LLC bought a new position in shares of Roper Technologies during the 3rd quarter worth about $37,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Price Performance

NASDAQ:ROP opened at $352.25 on Thursday. The firm has a market cap of $36.26 billion, a PE ratio of 24.81, a price-to-earnings-growth ratio of 1.69 and a beta of 0.94. Roper Technologies, Inc. has a 12 month low of $313.07 and a 12 month high of $594.25. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 0.43. The company’s 50-day moving average price is $375.56 and its two-hundred day moving average price is $441.94.

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

Roper Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Monday, April 6th 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 Monday, April 6th. Roper Technologies’s dividend payout ratio (DPR) is currently 25.63%.

Insider Transactions at Roper Technologies

In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of the business’s stock in a transaction on Friday, February 6th. The stock was purchased at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the transaction, the director owned 1,400 shares in the company, valued at $501,844. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.78% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ROP. Truist Financial decreased their target price on shares of Roper Technologies from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. Oppenheimer restated a “market perform” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Stifel Nicolaus reiterated a “hold” rating and issued a $385.00 price objective (down from $550.00) on shares of Roper Technologies in a research note on Tuesday, January 27th. Melius Research cut Roper Technologies from a “buy” rating to a “hold” rating and set a $479.00 target price for the company. in a report on Tuesday, January 27th. Finally, TD Cowen restated a “buy” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $478.53.

About Roper Technologies

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.