Roper Technologies, Inc. $ROP Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System lessened its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 15.8% in the third quarter, Holdings Channel reports. The fund owned 342,501 shares of the industrial products company’s stock after selling 64,214 shares during the quarter. California Public Employees Retirement System’s holdings in Roper Technologies were worth $170,802,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of Roper Technologies during the fourth quarter worth $203,000. Empowered Funds LLC grew its holdings in Roper Technologies by 11.7% during the 1st quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company’s stock valued at $1,832,000 after purchasing an additional 326 shares in the last quarter. AE Wealth Management LLC increased its stake in Roper Technologies by 78.5% during the 2nd quarter. AE Wealth Management LLC now owns 698 shares of the industrial products company’s stock worth $396,000 after buying an additional 307 shares during the period. Allworth Financial LP lifted its holdings in Roper Technologies by 7.3% in the 2nd quarter. Allworth Financial LP now owns 782 shares of the industrial products company’s stock worth $443,000 after buying an additional 53 shares in the last quarter. Finally, Fiera Capital Corp boosted its position in Roper Technologies by 6.9% in the 2nd quarter. Fiera Capital Corp now owns 729 shares of the industrial products company’s stock valued at $413,000 after buying an additional 47 shares during the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Price Performance

Shares of NASDAQ ROP opened at $351.00 on Monday. The business has a 50 day simple moving average of $371.92 and a 200-day simple moving average of $438.81. Roper Technologies, Inc. has a twelve month low of $313.07 and a twelve month high of $594.25. The company has a market capitalization of $36.13 billion, a price-to-earnings ratio of 24.72, a price-to-earnings-growth ratio of 1.68 and a beta of 0.94. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 0.43.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, topping analysts’ consensus estimates of $5.14 by $0.07. Roper Technologies had a net margin of 19.44% and a return on equity of 10.99%. The firm had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the previous year, the company posted $4.81 earnings per share. The firm’s revenue was up 9.7% on a year-over-year basis. Roper Technologies has set its FY 2026 guidance at 21.300-21.550 EPS and its Q1 2026 guidance at 4.950-5.000 EPS. As a group, equities research analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Monday, April 6th will be given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, April 6th. Roper Technologies’s dividend payout ratio is currently 25.63%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ROP shares. Stifel Nicolaus restated a “hold” rating and set a $385.00 price objective (down from $550.00) on shares of Roper Technologies in a report on Tuesday, January 27th. Piper Sandler reduced their target price on Roper Technologies from $600.00 to $530.00 and set an “overweight” rating for the company in a research note on Tuesday, January 13th. Jefferies Financial Group set a $500.00 price target on shares of Roper Technologies in a research note on Wednesday, January 28th. Oppenheimer reaffirmed a “market perform” rating on shares of Roper Technologies in a report on Wednesday, January 28th. Finally, Barclays reduced their price objective on shares of Roper Technologies from $475.00 to $409.00 and set an “underweight” rating on the stock in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, Roper Technologies currently has a consensus rating of “Hold” and a consensus price target of $478.53.

Insiders Place Their Bets

In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were purchased at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the completion of the purchase, the director directly owned 1,400 shares in the company, valued at $501,844. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 0.87% of the stock is currently owned by company insiders.

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.