Grey Ledge Advisors LLC Boosts Holdings in Roper Technologies, Inc. $ROP

Grey Ledge Advisors LLC raised its position in Roper Technologies, Inc. (NASDAQ:ROP) by 110.9% in the fourth quarter, Holdings Channel reports. The fund owned 3,684 shares of the industrial products company’s stock after buying an additional 1,937 shares during the period. Grey Ledge Advisors LLC’s holdings in Roper Technologies were worth $1,640,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in 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 acquiring an additional 1,384,656 shares during the last quarter. State Street Corp raised its holdings in Roper Technologies by 0.9% during the third quarter. State Street Corp now owns 4,986,755 shares of the industrial products company’s stock worth $2,486,845,000 after purchasing an additional 46,697 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Roper Technologies by 2.2% during the third quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company’s stock worth $1,273,387,000 after purchasing an additional 54,221 shares in the last quarter. Franklin Resources Inc. raised its holdings in Roper Technologies by 2.1% during the third quarter. Franklin Resources Inc. now owns 1,847,398 shares of the industrial products company’s stock worth $921,279,000 after purchasing an additional 37,766 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in Roper Technologies by 12.1% during the third quarter. Invesco Ltd. now owns 1,677,331 shares of the industrial products company’s stock worth $836,468,000 after purchasing an additional 181,243 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Performance

Shares of Roper Technologies stock opened at $316.25 on Thursday. The firm’s fifty day simple moving average is $353.08 and its 200-day simple moving average is $393.30. The stock has a market capitalization of $31.92 billion, a price-to-earnings ratio of 19.75, a PEG ratio of 1.48 and a beta of 0.81. Roper Technologies, Inc. has a 12 month low of $305.96 and a 12 month high of $584.03. 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 (NASDAQ:ROP) last announced its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, beating analysts’ consensus estimates of $4.97 by $0.19. The business had revenue of $2.10 billion for the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The business’s revenue was up 11.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.78 earnings per share. 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. As a group, equities analysts forecast that Roper Technologies, Inc. will post 21.94 earnings per share for the current year.

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Monday, April 6th were paid a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Monday, April 6th. Roper Technologies’s payout ratio is currently 22.74%.

Wall Street Analyst Weigh In

ROP has been the topic of a number of research analyst reports. Piper Sandler raised their price objective on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Oppenheimer reissued a “market perform” rating on shares of Roper Technologies in a report on Wednesday, January 28th. Robert W. Baird raised their price objective on shares of Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Jefferies Financial Group set a $500.00 price objective on shares of Roper Technologies in a report on Wednesday, January 28th. Finally, Barclays cut their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $472.07.

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.