Strs Ohio Has $12.50 Million Position in Roper Technologies, Inc. $ROP

Strs Ohio lessened its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 39.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,312 shares of the industrial products company’s stock after selling 23,417 shares during the period. Strs Ohio’s holdings in Roper Technologies were worth $12,496,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Triumph Capital Management bought a new stake in Roper Technologies during the third quarter worth $25,000. Private Wealth Management Group LLC increased its stake in shares of Roper Technologies by 195.8% in the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 47 shares during the last quarter. Tucker Asset Management LLC bought a new position in shares of Roper Technologies in the 4th quarter valued at $33,000. Board of the Pension Protection Fund acquired a new position in shares of Roper Technologies during the 4th quarter worth $36,000. Finally, Kelleher Financial Advisors acquired a new stake in Roper Technologies in the third quarter valued at about $40,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. 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 note on Friday, April 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. Piper Sandler upped their price objective on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Finally, Royal Bank Of Canada raised their target price on shares of Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $472.07.

Roper Technologies Price Performance

Shares of ROP opened at $364.20 on Friday. The business has a 50-day simple moving average of $336.18 and a two-hundred day simple moving average of $363.96. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $575.77. The stock has a market cap of $36.76 billion, a PE ratio of 22.75, a PEG ratio of 1.66 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.

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, topping 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 company had revenue of $2.10 billion for the quarter. During the same quarter last year, the firm posted $4.78 earnings per share. The business’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. Analysts anticipate that Roper Technologies, Inc. will post 21.95 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, July 8th. Roper Technologies’s payout ratio is presently 22.74%.

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.