Banyan Capital Management Inc. Takes Position in Roper Technologies, Inc. $ROP

Banyan Capital Management Inc. acquired a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 18,197 shares of the industrial products company’s stock, valued at approximately $6,439,000. Roper Technologies accounts for about 2.8% of Banyan Capital Management Inc.’s investment portfolio, making the stock its 14th largest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ROP. Vanguard Group Inc. boosted 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 position in shares of Roper Technologies by 2.1% in the 4th quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock valued at $2,266,604,000 after acquiring an additional 105,250 shares during the period. Geode Capital Management LLC boosted its stake in Roper Technologies by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after acquiring an additional 22,335 shares during the last quarter. Norges Bank acquired a new position in Roper Technologies during the fourth quarter valued at approximately $1,112,873,000. Finally, Invesco Ltd. increased its stake in Roper Technologies by 11.0% in the fourth quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock valued at $828,821,000 after purchasing an additional 184,644 shares in the last quarter. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Down 0.0%

Shares of NASDAQ:ROP traded down $0.04 during midday trading on Friday, reaching $355.90. The company had a trading volume of 860,759 shares, compared to its average volume of 1,204,048. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $566.24. The stock has a market cap of $35.92 billion, a PE ratio of 22.23, a P/E/G ratio of 1.62 and a beta of 0.76. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.52. The business’s 50 day moving average price is $336.48 and its 200 day moving average price is $360.89.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 EPS 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 return on equity of 11.16% and a net margin of 21.12%.The company’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period 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. Research analysts forecast that Roper Technologies, Inc. will post 21.95 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, July 8th. Roper Technologies’s payout ratio is currently 22.74%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ROP. Barclays reduced their price target on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Piper Sandler raised their price target on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. BMO Capital Markets began coverage on Roper Technologies in a research report on Friday. They issued a “market perform” rating and a $393.00 price objective for the company. Finally, Royal Bank Of Canada raised 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. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $467.12.

Roper Technologies 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.