Milford Funds Ltd. Buys Shares of 47,596 Roper Technologies, Inc. $ROP

Milford Funds Ltd. purchased a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 47,596 shares of the industrial products company’s stock, valued at approximately $21,186,000.

Several other large investors have also recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of Roper Technologies by 12.5% during the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock valued at $5,553,932,000 after acquiring an additional 1,384,656 shares during the last quarter. State Street Corp raised its stake in shares of Roper Technologies by 0.9% during the third quarter. State Street Corp now owns 4,986,755 shares of the industrial products company’s stock valued at $2,486,845,000 after acquiring an additional 46,697 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Roper Technologies by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock valued at $1,172,099,000 after acquiring an additional 22,335 shares during the last quarter. Norges Bank bought a new position in shares of Roper Technologies during the fourth quarter valued at $1,112,873,000. Finally, Franklin Resources Inc. raised its stake in shares of Roper Technologies by 2.1% during the third quarter. Franklin Resources Inc. now owns 1,847,398 shares of the industrial products company’s stock valued at $921,279,000 after acquiring an additional 37,766 shares during the last quarter. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Trading Up 0.7%

ROP opened at $334.97 on Friday. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $575.77. 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 has a market cap of $33.81 billion, a P/E ratio of 20.92, a price-to-earnings-growth ratio of 1.52 and a beta of 0.77. The company has a fifty day moving average price of $341.99 and a two-hundred day moving average price of $375.14.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.97 by $0.19. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The firm had revenue of $2.10 billion during the quarter. During the same period last year, the firm posted $4.78 earnings per share. The company’s revenue for the quarter 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. Analysts predict that Roper Technologies, Inc. will post 21.94 EPS for the current fiscal year.

Roper Technologies Announces Dividend

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

Analyst Ratings Changes

Several equities analysts have recently issued reports on ROP shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday. Zacks Research raised shares of Roper Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Royal Bank Of Canada raised their price target on shares of Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Piper Sandler raised their price target on shares of Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Finally, Robert W. Baird lifted their target price on shares of Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $472.07.

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.