Arrowstreet Capital Limited Partnership Buys 903,223 Shares of Roper Technologies, Inc. $ROP

Arrowstreet Capital Limited Partnership increased its position in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 206.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,339,710 shares of the industrial products company’s stock after buying an additional 903,223 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Roper Technologies were worth $474,070,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Triumph Capital Management acquired a new position in Roper Technologies during the third quarter worth $25,000. Private Wealth Management Group LLC lifted its stake in shares of Roper Technologies by 195.8% in the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after buying an additional 47 shares in the last quarter. Tucker Asset Management LLC acquired a new position in shares of Roper Technologies during the fourth quarter valued at about $33,000. Global Assets Advisory LLC bought a new stake in shares of Roper Technologies during the first quarter worth about $36,000. Finally, Kelleher Financial Advisors bought a new stake in shares of Roper Technologies during the third quarter worth about $40,000. 93.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently weighed in on ROP shares. Zacks Research cut shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Piper Sandler boosted their price objective on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Raymond James Financial downgraded Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday. BMO Capital Markets began coverage on Roper Technologies in a research report on Friday, July 10th. They set a “market perform” rating and a $393.00 target price on the stock. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. Six analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $466.50.

View Our Latest Stock Report on Roper Technologies

Roper Technologies News Summary

Here are the key news stories impacting Roper Technologies this week:

Roper Technologies Trading Up 5.5%

Shares of ROP stock opened at $355.12 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.49 and a current ratio of 0.53. The company has a market capitalization of $35.84 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 1.54 and a beta of 0.76. Roper Technologies, Inc. has a 52-week low of $305.96 and a 52-week high of $564.68. The company has a 50-day simple moving average of $339.36 and a two-hundred day simple moving average of $354.35.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, topping the consensus estimate of $5.29 by $0.09. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The firm had revenue of $2.11 billion for the quarter. During the same period in the prior year, the business earned $4.87 EPS. Roper Technologies’s quarterly revenue was up 8.5% compared to the same quarter last year. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. Research analysts anticipate that Roper Technologies, Inc. will post 21.93 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Wednesday, July 8th. Roper Technologies’s dividend payout ratio (DPR) is 22.74%.

Roper Technologies Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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