USS Investment Management Ltd Buys 1,929 Shares of Roper Technologies, Inc. $ROP

USS Investment Management Ltd raised its stake in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 10.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,935 shares of the industrial products company’s stock after buying an additional 1,929 shares during the period. USS Investment Management Ltd’s holdings in Roper Technologies were worth $7,052,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. CIBC Bancorp USA Inc. bought a new position in shares of Roper Technologies in the 3rd quarter worth approximately $10,053,000. Dimensional Fund Advisors LP grew its position in Roper Technologies by 6.2% during the third quarter. Dimensional Fund Advisors LP now owns 525,245 shares of the industrial products company’s stock valued at $261,945,000 after buying an additional 30,819 shares during the period. Empire Life Investments Inc. grew its position in Roper Technologies by 38.5% during the fourth quarter. Empire Life Investments Inc. now owns 45,517 shares of the industrial products company’s stock valued at $20,261,000 after buying an additional 12,645 shares during the period. Vanguard Group Inc. increased its holdings in 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 buying an additional 1,384,656 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in Roper Technologies by 726.0% in the fourth quarter. SG Americas Securities LLC now owns 408,775 shares of the industrial products company’s stock worth $181,958,000 after acquiring an additional 359,286 shares during the period. 93.31% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Robert W. Baird upped their price objective on Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Piper Sandler raised their target price on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Barclays lowered their target price on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Finally, Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $472.07.

Check Out Our Latest Stock Analysis on ROP

Roper Technologies Stock Performance

ROP opened at $364.20 on Friday. The firm has a market cap of $36.76 billion, a P/E ratio of 22.75, a PEG ratio of 1.62 and a beta of 0.76. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $575.77. The company has a 50 day simple moving average of $336.19 and a two-hundred day simple moving average of $363.96. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.49.

Roper Technologies (NASDAQ:ROPGet Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company earned $4.78 earnings per share. The business’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. Equities analysts forecast that Roper Technologies, Inc. will post 21.95 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be issued a dividend of $0.91 per share. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $3.64 dividend on an annualized basis and a yield of 1.0%. Roper Technologies’s dividend payout ratio (DPR) is currently 22.74%.

Roper Technologies Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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