Roper Technologies, Inc. $ROP Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp lifted its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 163.9% during the first quarter, Holdings Channel reports. The fund owned 31,210 shares of the industrial products company’s stock after acquiring an additional 19,384 shares during the period. Fifth Third Bancorp’s holdings in Roper Technologies were worth $11,044,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of Roper Technologies in the 4th quarter valued at approximately $1,112,873,000. Vanguard Group Inc. raised its position 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 valued at $5,553,932,000 after purchasing an additional 1,384,656 shares during the last quarter. OpenArc Corporate Advisory LLC purchased a new stake in shares of Roper Technologies in the fourth quarter valued at about $367,567,000. AQR Capital Management LLC lifted its position in Roper Technologies by 194.6% during the 4th quarter. AQR Capital Management LLC now owns 772,347 shares of the industrial products company’s stock worth $343,795,000 after acquiring an additional 510,138 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of Roper Technologies by 131.6% during the third quarter. Qube Research & Technologies Ltd now owns 750,800 shares of the industrial products company’s stock worth $374,416,000 after purchasing an additional 426,648 shares during the period. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Roper Technologies Stock Down 3.9%

ROP stock opened at $346.65 on Wednesday. The firm has a 50 day simple moving average of $336.40 and a 200-day simple moving average of $358.90. The company has a market capitalization of $34.98 billion, a P/E ratio of 21.65, a PEG ratio of 1.64 and a beta of 0.76. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $566.24. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52.

Roper Technologies (NASDAQ:ROP) last issued its earnings results 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 net margin of 21.12% and a return on equity of 11.16%. The business had revenue of $2.10 billion for the quarter. During the same quarter last year, the company posted $4.78 EPS. The business’s revenue for the quarter 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. On average, equities research analysts predict that Roper Technologies, Inc. will post 21.95 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The firm also recently announced 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. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, July 8th. Roper Technologies’s dividend payout ratio is 22.74%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a research report on Monday, June 8th. Royal Bank Of Canada increased their price objective on shares of Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Robert W. Baird increased their target price on Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Finally, BMO Capital Markets initiated coverage on Roper Technologies in a research note on Friday. They issued a “market perform” rating and a $393.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $467.12.

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.