Geode Capital Management LLC Raises Stake in Roper Technologies, Inc. $ROP

Geode Capital Management LLC lifted its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 0.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,641,573 shares of the industrial products company’s stock after purchasing an additional 22,335 shares during the quarter. Geode Capital Management LLC’s holdings in Roper Technologies were worth $1,172,099,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Roper Technologies by 12.5% in the 4th 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 during the period. State Street Corp boosted its holdings in Roper Technologies by 0.9% in the 3rd quarter. State Street Corp now owns 4,986,755 shares of the industrial products company’s stock worth $2,486,845,000 after acquiring an additional 46,697 shares during the period. Principal Financial Group Inc. boosted its holdings in Roper Technologies by 2.2% in the 3rd quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company’s stock worth $1,273,387,000 after acquiring an additional 54,221 shares during the period. 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 worth $921,279,000 after acquiring an additional 37,766 shares during the period. Finally, Invesco Ltd. raised its position in shares of Roper Technologies by 12.1% in the 3rd quarter. Invesco Ltd. now owns 1,677,331 shares of the industrial products company’s stock valued at $836,468,000 after purchasing an additional 181,243 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ROP. Piper Sandler upped their target price on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Robert W. Baird upped their target price on Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Weiss Ratings lowered Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, March 11th. Royal Bank Of Canada upped their price target on Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. Finally, Zacks Research raised Roper Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $472.07.

Roper Technologies Stock Performance

ROP stock opened at $325.53 on Friday. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $576.49. 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 stock’s 50 day simple moving average is $345.25 and its 200 day simple moving average is $382.95. The firm has a market cap of $32.85 billion, a P/E ratio of 20.33, a P/E/G ratio of 1.46 and a beta of 0.81.

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

Roper Technologies Announces Dividend

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

Roper Technologies 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.