Milford Funds Ltd. Invests $21.19 Million in Roper Technologies, Inc. $ROP

Milford Funds Ltd. bought a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the 4th quarter, HoldingsChannel reports. The fund bought 47,596 shares of the industrial products company’s stock, valued at approximately $21,186,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brown Brothers Harriman & Co. lifted its stake in shares of Roper Technologies by 1.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock valued at $1,115,000 after buying an additional 23 shares in the last quarter. Hutchens & Kramer Investment Management Group LLC lifted its stake in shares of Roper Technologies by 2.3% during the 4th quarter. Hutchens & Kramer Investment Management Group LLC now owns 1,003 shares of the industrial products company’s stock valued at $446,000 after buying an additional 23 shares in the last quarter. Promus Capital LLC lifted its stake in shares of Roper Technologies by 1.5% during the 3rd quarter. Promus Capital LLC now owns 1,640 shares of the industrial products company’s stock valued at $818,000 after buying an additional 25 shares in the last quarter. SeaCrest Wealth Management LLC lifted its stake in shares of Roper Technologies by 6.2% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock valued at $223,000 after buying an additional 25 shares in the last quarter. Finally, Harbor Investment Advisory LLC lifted its stake in shares of Roper Technologies by 5.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 460 shares of the industrial products company’s stock valued at $205,000 after buying an additional 25 shares in the last quarter. 93.31% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday. Royal Bank Of Canada upped their target price on shares of Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Piper Sandler upped their target price on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Robert W. Baird upped their target price on shares of Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Zacks Research raised shares of Roper Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have given 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.

Roper Technologies Price Performance

Shares of NASDAQ:ROP opened at $334.97 on Friday. The company’s fifty day moving average price is $341.99 and its 200-day moving average price is $375.14. The firm has a market capitalization of $33.81 billion, a price-to-earnings ratio of 20.92, a PEG ratio of 1.52 and a beta of 0.77. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $575.77. 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:ROP) last issued its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, topping analysts’ consensus estimates of $4.97 by $0.19. The firm had revenue of $2.10 billion for 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% on a year-over-year basis. During the same period in the previous year, the company earned $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, equities research analysts anticipate that Roper Technologies, Inc. will post 21.94 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

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

Roper Technologies Company 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.