NorthCrest Asset Manangement LLC Acquires New Stake in Roper Technologies, Inc. $ROP

NorthCrest Asset Manangement LLC acquired a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the fourth quarter, HoldingsChannel reports. The firm acquired 1,910 shares of the industrial products company’s stock, valued at approximately $825,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Roper Technologies during the 2nd quarter worth about $1,064,718,000. JPMorgan Chase & Co. raised its position in shares of Roper Technologies by 62.5% in the third quarter. JPMorgan Chase & Co. now owns 1,585,732 shares of the industrial products company’s stock valued at $790,789,000 after buying an additional 610,089 shares during the last quarter. Flossbach Von Storch SE raised its position in shares of Roper Technologies by 130.3% in the third quarter. Flossbach Von Storch SE now owns 896,161 shares of the industrial products company’s stock valued at $446,907,000 after buying an additional 507,083 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in shares of Roper Technologies by 131.6% during 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 buying an additional 426,648 shares during the period. Finally, Van ECK Associates Corp acquired a new stake in Roper Technologies during the third quarter worth approximately $200,009,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Insiders Place Their Bets

In related news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the firm’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 acquisition, the director directly owned 1,400 shares in the company, valued at $501,844. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.87% of the stock is currently owned by corporate insiders.

Roper Technologies Stock Down 2.1%

Shares of NASDAQ ROP opened at $345.93 on Wednesday. The stock has a fifty day moving average price of $360.49 and a 200 day moving average price of $430.32. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 0.43. Roper Technologies, Inc. has a 12-month low of $313.07 and a 12-month high of $594.25. The company has a market cap of $35.61 billion, a P/E ratio of 24.36, a P/E/G ratio of 1.69 and a beta of 0.94.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $2.09 billion. During the same quarter in the previous year, the firm posted $4.81 earnings per share. The firm’s quarterly 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. Research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors 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 1.1%. Roper Technologies’s payout ratio is 25.63%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ROP shares. Melius Research downgraded Roper Technologies from a “buy” rating to a “hold” rating and set a $479.00 price target for the company. in a report on Tuesday, January 27th. Mizuho decreased their price objective on Roper Technologies from $419.00 to $365.00 and set an “underperform” rating on the stock in a report on Wednesday, January 28th. Piper Sandler lowered their price objective on Roper Technologies from $600.00 to $530.00 and set an “overweight” rating for the company in a research report on Tuesday, January 13th. Jefferies Financial Group set a $500.00 target price on Roper Technologies in a research report on Wednesday, January 28th. Finally, TD Cowen reissued a “buy” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus 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.