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

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

Several other institutional investors have also added to or reduced their stakes in ROP. Triumph Capital Management bought a new position in Roper Technologies during the 3rd quarter worth approximately $25,000. Private Wealth Management Group LLC boosted 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 acquired a new stake in shares of Roper Technologies during the fourth quarter worth $33,000. Board of the Pension Protection Fund bought a new position in Roper Technologies during the fourth quarter worth $36,000. Finally, Kelleher Financial Advisors acquired a new position in Roper Technologies in the third quarter valued at $40,000. 93.31% of the stock is currently owned by institutional investors.

Roper Technologies Price Performance

Shares of NASDAQ ROP opened at $364.20 on Friday. The firm has a market capitalization of $36.76 billion, a P/E ratio of 22.75, a P/E/G ratio of 1.66 and a beta of 0.76. The firm’s 50-day moving average price is $336.18 and its 200-day moving average price is $363.96. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $575.77.

Roper Technologies (NASDAQ:ROP) last issued its earnings results 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. 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 during the quarter. During the same quarter in the prior year, the business earned $4.78 earnings per share. The business’s quarterly revenue 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. Equities research analysts anticipate that Roper Technologies, Inc. will post 21.95 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be issued 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 payout ratio is currently 22.74%.

Analyst Ratings Changes

A number of brokerages have weighed in on ROP. Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Barclays cut their target price on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Piper Sandler lifted their target price on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Finally, Robert W. Baird boosted their price target on Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $472.07.

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.