South Dakota Investment Council Acquires Shares of 3,580 Roper Technologies, Inc. $ROP

South Dakota Investment Council bought a new position in Roper Technologies, Inc. (NASDAQ:ROP) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,580 shares of the industrial products company’s stock, valued at approximately $1,267,000.

Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Roper Technologies by 12.5% during the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock valued at $5,553,932,000 after acquiring an additional 1,384,656 shares in the last quarter. State Street Corp boosted its stake in Roper Technologies by 2.1% in the 4th quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock worth $2,266,604,000 after purchasing an additional 105,250 shares in the last quarter. Geode Capital Management LLC grew its position in Roper Technologies by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock valued at $1,172,099,000 after purchasing an additional 22,335 shares during the last quarter. Norges Bank purchased a new stake in Roper Technologies during the 4th quarter valued at about $1,112,873,000. Finally, Invesco Ltd. increased its stake in Roper Technologies by 11.0% during the 4th quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock valued at $828,821,000 after purchasing an additional 184,644 shares in the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on ROP. Robert W. Baird set a $480.00 target price on shares of Roper Technologies in a report on Friday, July 24th. BMO Capital Markets initiated coverage on shares of Roper Technologies in a report on Friday, July 10th. They set a “market perform” rating and a $393.00 price target on the stock. Royal Bank Of Canada raised their price target on shares of Roper Technologies from $407.00 to $417.00 and gave the company a “sector perform” rating in a research report on Friday, July 24th. Barclays decreased their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a report on Friday, April 24th. Finally, JPMorgan Chase & Co. increased their target price on Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research note on Wednesday. Six research 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $468.00.

Roper Technologies Price Performance

NASDAQ ROP opened at $391.97 on Friday. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $556.23. The stock has a 50-day moving average of $346.71 and a 200 day moving average of $352.91. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. The company has a market capitalization of $39.56 billion, a price-to-earnings ratio of 16.24, a PEG ratio of 1.75 and a beta of 0.76.

Roper Technologies (NASDAQ:ROP) last posted its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.29 by $0.09. The business had revenue of $2.11 billion for the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. Roper Technologies’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.87 EPS. 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. On average, sell-side analysts forecast that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were given a dividend of $0.91 per share. The ex-dividend date was Wednesday, July 8th. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. Roper Technologies’s dividend payout ratio is 15.08%.

Insider Activity at Roper Technologies

In related news, EVP John K. Stipancich sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $379.05, for a total value of $758,100.00. Following the sale, the executive vice president owned 35,634 shares in the company, valued at approximately $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Richard F. Wallman sold 6,434 shares of Roper Technologies stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the completion of the sale, the director directly owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.80% of the company’s stock.

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.