Allstate Corp Buys 4,333 Shares of Roper Technologies, Inc. $ROP

Allstate Corp lifted its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 96.8% in the 4th quarter, Holdings Channel reports. The firm owned 8,810 shares of the industrial products company’s stock after acquiring an additional 4,333 shares during the period. Allstate Corp’s holdings in Roper Technologies were worth $3,922,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of ROP. Vanguard Group Inc. raised its stake in shares of Roper Technologies by 12.5% in 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 purchasing an additional 1,384,656 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Roper Technologies by 62.5% in the third quarter. JPMorgan Chase & Co. now owns 1,585,732 shares of the industrial products company’s stock worth $790,789,000 after purchasing an additional 610,089 shares during the last quarter. Flossbach Von Storch SE raised its stake in shares of Roper Technologies by 130.3% in the third quarter. Flossbach Von Storch SE now owns 896,161 shares of the industrial products company’s stock worth $446,907,000 after purchasing an additional 507,083 shares during the last quarter. Qube Research & Technologies Ltd increased its position in 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 valued at $374,416,000 after acquiring an additional 426,648 shares during the last quarter. Finally, Van ECK Associates Corp purchased a new stake in Roper Technologies during the third quarter valued at $200,009,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on ROP shares. Oppenheimer reiterated a “market perform” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. JPMorgan Chase & Co. reduced their price target on Roper Technologies from $457.00 to $397.00 and set an “underweight” rating for the company in a research report on Wednesday, January 28th. Jefferies Financial Group set a $500.00 price target on Roper Technologies in a research report on Wednesday, January 28th. Mizuho cut their target price on Roper Technologies from $419.00 to $365.00 and set an “underperform” rating for the company in a research report on Wednesday, January 28th. Finally, Piper Sandler lifted their target price on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $472.07.

Roper Technologies Stock Performance

NASDAQ ROP opened at $316.62 on Thursday. The stock has a market capitalization of $31.95 billion, a PE ratio of 19.78, a P/E/G ratio of 1.46 and a beta of 0.81. The business has a 50 day simple moving average of $346.41 and a two-hundred day simple moving average of $384.25. 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, Inc. has a 1-year low of $305.96 and a 1-year high of $576.55.

Roper Technologies (NASDAQ:ROP) last released 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 business had revenue of $2.10 billion during the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The business’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the business 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, research analysts predict that Roper Technologies, Inc. will post 21.94 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The company 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. This represents a $3.64 annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, July 8th. Roper Technologies’s dividend payout ratio (DPR) is currently 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.