Bank of New York Mellon Corp Boosts Stock Holdings in Roper Technologies, Inc. $ROP

Bank of New York Mellon Corp lifted its position in Roper Technologies, Inc. (NASDAQ:ROP) by 6.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 661,024 shares of the industrial products company’s stock after acquiring an additional 40,492 shares during the quarter. Bank of New York Mellon Corp’s holdings in Roper Technologies were worth $233,910,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in ROP. Norges Bank purchased a new position in Roper Technologies during the fourth quarter worth about $1,112,873,000. Vanguard Group Inc. increased its stake 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 buying an additional 1,384,656 shares during the last quarter. OpenArc Corporate Advisory LLC purchased a new stake in Roper Technologies in the 4th quarter valued at about $367,567,000. AQR Capital Management LLC lifted its position in shares of 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 buying an additional 510,138 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its position in shares of Roper Technologies by 131.6% during the 3rd quarter. Qube Research & Technologies Ltd now owns 750,800 shares of the industrial products company’s stock worth $374,416,000 after buying an additional 426,648 shares in the last quarter. 93.31% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Royal Bank Of Canada upped their target price on Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. Robert W. Baird boosted their price objective on Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Barclays reduced their price objective on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research note on Friday, April 24th. Finally, Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, Roper Technologies currently has an average rating of “Hold” and a consensus price target of $467.12.

Roper Technologies Trading Down 0.3%

NASDAQ:ROP opened at $363.14 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $36.65 billion, a PE ratio of 22.68, a price-to-earnings-growth ratio of 1.65 and a beta of 0.76. The firm’s 50 day moving average is $336.99 and its 200 day moving average is $357.61. Roper Technologies, Inc. has a 12 month low of $305.96 and a 12 month high of $566.24.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings data 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. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The business had revenue of $2.10 billion during the quarter. During the same period last year, the company posted $4.78 earnings per share. Roper Technologies’s revenue for the quarter was up 11.3% on a year-over-year basis. 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. Sell-side analysts expect that Roper Technologies, Inc. will post 21.95 earnings per share for the current year.

Roper Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be paid a dividend of $0.91 per share. The ex-dividend date is Wednesday, July 8th. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio is presently 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.