Welch & Forbes LLC Has $86.56 Million Stock Holdings in Roper Technologies, Inc. $ROP

Welch & Forbes LLC decreased its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 2.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 194,463 shares of the industrial products company’s stock after selling 5,271 shares during the period. Roper Technologies makes up about 1.0% of Welch & Forbes LLC’s portfolio, making the stock its 25th largest position. Welch & Forbes LLC’s holdings in Roper Technologies were worth $86,561,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. raised 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 worth $5,553,932,000 after buying an additional 1,384,656 shares during the last quarter. State Street Corp raised its holdings in shares of Roper Technologies by 0.9% in 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 purchasing an additional 46,697 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Roper Technologies by 0.9% in 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 purchasing an additional 22,335 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Roper Technologies by 2.2% in the third 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. Finally, Norges Bank purchased a new stake in shares of Roper Technologies in the fourth quarter valued at about $1,112,873,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on ROP shares. Piper Sandler increased their target price on shares of Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Barclays lowered their target price on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a report on Friday, April 24th. Robert W. Baird increased their target price on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Royal Bank Of Canada increased their target price on shares of Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Finally, Zacks Research upgraded shares of Roper Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $472.07.

Roper Technologies Price Performance

ROP opened at $325.53 on Friday. The firm has a market cap of $32.85 billion, a P/E ratio of 20.33, a PEG ratio of 1.48 and a beta of 0.81. The firm has a 50-day moving average of $345.25 and a 200 day moving average of $382.95. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.49 and a current ratio of 0.53. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $576.49.

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. The company had revenue of $2.10 billion during the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. Roper Technologies’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.78 EPS. 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. On average, research analysts expect that Roper Technologies, Inc. will post 21.94 EPS for the current year.

Roper Technologies Announces Dividend

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