Empire Life Investments Inc. Purchases 12,645 Shares of Roper Technologies, Inc. $ROP

Empire Life Investments Inc. increased its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 38.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 45,517 shares of the industrial products company’s stock after acquiring an additional 12,645 shares during the quarter. Roper Technologies makes up approximately 1.1% of Empire Life Investments Inc.’s portfolio, making the stock its 29th largest position. Empire Life Investments Inc.’s holdings in Roper Technologies were worth $20,261,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of 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 valued at $5,553,932,000 after acquiring an additional 1,384,656 shares during the period. State Street Corp raised its stake in Roper Technologies by 0.9% during the 3rd quarter. State Street Corp now owns 4,986,755 shares of the industrial products company’s stock valued at $2,486,845,000 after purchasing an additional 46,697 shares during the last quarter. Principal Financial Group Inc. raised its stake in Roper Technologies by 2.2% during 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 during the last quarter. Franklin Resources Inc. boosted its holdings in Roper Technologies by 2.1% in the 3rd quarter. Franklin Resources Inc. now owns 1,847,398 shares of the industrial products company’s stock valued at $921,279,000 after purchasing an additional 37,766 shares during the period. Finally, Invesco Ltd. grew its position in Roper Technologies by 12.1% in the 3rd quarter. Invesco Ltd. now owns 1,677,331 shares of the industrial products company’s stock worth $836,468,000 after purchasing an additional 181,243 shares during the last quarter. Institutional investors own 93.31% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on ROP shares. Stifel Nicolaus reaffirmed a “hold” rating and issued a $385.00 price target (down from $550.00) on shares of Roper Technologies in a report on Tuesday, January 27th. JPMorgan Chase & Co. lowered their price objective on Roper Technologies from $457.00 to $397.00 and set an “underweight” rating on the stock in a research report on Wednesday, January 28th. Oppenheimer restated a “market perform” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Citigroup decreased their price target 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. Finally, Mizuho lowered their price target on shares of Roper Technologies from $419.00 to $365.00 and set an “underperform” rating on the stock in a report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $472.07.

Roper Technologies Stock Performance

Shares of NASDAQ:ROP opened at $323.94 on Wednesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.49. The business’s fifty day moving average price is $353.83 and its two-hundred day moving average price is $394.46. Roper Technologies, Inc. has a fifty-two week low of $313.07 and a fifty-two week high of $584.03. The stock has a market capitalization of $32.69 billion, a price-to-earnings ratio of 20.23, a price-to-earnings-growth ratio of 1.50 and a beta of 0.81.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.97 by $0.19. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The company had revenue of $2.10 billion during the quarter. During the same period in the previous year, the business posted $4.78 earnings per share. The firm’s revenue was up 11.3% compared to the same quarter last year. 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, analysts predict that Roper Technologies, Inc. will post 21.94 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Monday, April 6th were issued a dividend of $0.91 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a $3.64 annualized dividend and a dividend yield of 1.1%. Roper Technologies’s dividend payout ratio (DPR) is presently 22.74%.

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.