Roper Technologies, Inc. $ROP Shares Acquired by Eventide Asset Management LLC

Eventide Asset Management LLC increased its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 1.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 184,166 shares of the industrial products company’s stock after buying an additional 2,260 shares during the period. Roper Technologies accounts for approximately 1.3% of Eventide Asset Management LLC’s portfolio, making the stock its 17th largest position. Eventide Asset Management LLC’s holdings in Roper Technologies were worth $82,027,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Norges Bank purchased a new position in Roper Technologies in the fourth quarter valued at approximately $1,112,873,000. Vanguard Group Inc. raised its stake 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 purchasing an additional 1,384,656 shares during the period. OpenArc Corporate Advisory LLC purchased a new stake in shares of Roper Technologies during the fourth quarter valued at approximately $367,567,000. JPMorgan Chase & Co. raised its stake in shares of Roper Technologies by 62.5% during the third quarter. JPMorgan Chase & Co. now owns 1,585,732 shares of the industrial products company’s stock valued at $790,789,000 after purchasing an additional 610,089 shares during the period. Finally, Qube Research & Technologies Ltd raised its stake in shares of Roper Technologies by 131.6% during the third quarter. Qube Research & Technologies Ltd now owns 750,800 shares of the industrial products company’s stock valued at $374,416,000 after purchasing an additional 426,648 shares during the period. 93.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Barclays dropped their price objective 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. Piper Sandler lifted their price objective on shares of Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Robert W. Baird lifted their price objective on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Royal Bank Of Canada lifted their price objective on shares of Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $472.07.

Roper Technologies Stock Up 0.7%

Shares of NASDAQ:ROP opened at $334.97 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. The company has a fifty day simple moving average of $341.99 and a 200 day simple moving average of $375.14. The firm has a market cap of $33.81 billion, a PE ratio of 20.92, a price-to-earnings-growth ratio of 1.53 and a beta of 0.77. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $575.77.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.97 by $0.19. The business had revenue of $2.10 billion during the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The firm’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the firm posted $4.78 EPS. 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. On average, equities research analysts anticipate that Roper Technologies, Inc. will post 21.94 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Wednesday, July 8th. Roper Technologies’s payout ratio is 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.