State of New Jersey Common Pension Fund D Sells 1,505 Shares of Roper Technologies, Inc. $ROP
by Scott Moore · The Cerbat GemState of New Jersey Common Pension Fund D decreased its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,661 shares of the industrial products company’s stock after selling 1,505 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Roper Technologies were worth $15,429,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Hutchens & Kramer Investment Management Group LLC lifted its stake in Roper Technologies by 2.3% during the fourth quarter. Hutchens & Kramer Investment Management Group LLC now owns 1,003 shares of the industrial products company’s stock worth $446,000 after purchasing an additional 23 shares during the period. Brown Brothers Harriman & Co. lifted its stake in Roper Technologies by 1.0% during the third quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock worth $1,115,000 after purchasing an additional 23 shares during the period. Cornerstone Planning Group LLC raised its stake in shares of Roper Technologies by 36.8% in the third quarter. Cornerstone Planning Group LLC now owns 93 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 25 shares during the last quarter. Promus Capital LLC raised its stake in shares of Roper Technologies by 1.5% in the third quarter. Promus Capital LLC now owns 1,640 shares of the industrial products company’s stock valued at $818,000 after acquiring an additional 25 shares during the last quarter. Finally, Harbor Investment Advisory LLC raised its stake in shares of Roper Technologies by 5.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 460 shares of the industrial products company’s stock valued at $205,000 after acquiring an additional 25 shares during the last quarter. Institutional investors own 93.31% of the company’s stock.
Roper Technologies Stock Performance
Shares of Roper Technologies stock opened at $358.22 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.49. The firm has a market cap of $36.67 billion, a P/E ratio of 22.37, a P/E/G ratio of 1.62 and a beta of 0.81. The firm has a 50 day simple moving average of $353.83 and a 200 day simple moving average of $402.90. Roper Technologies, Inc. has a fifty-two week low of $313.07 and a fifty-two week high of $584.03.
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, beating 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 business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same period in the prior year, the business earned $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. Sell-side analysts predict that Roper Technologies, Inc. will post 21.94 earnings per share for the current fiscal year.
Roper Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Investors of record on Monday, April 6th were issued a $0.91 dividend. The ex-dividend date of this dividend was Monday, April 6th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio (DPR) is currently 22.74%.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on ROP. Jefferies Financial Group set a $500.00 target price on shares of Roper Technologies in a research note on Wednesday, January 28th. Robert W. Baird lifted their target price 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. Piper Sandler lifted their target price 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. Royal Bank Of Canada lifted 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 note on Friday, April 24th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $385.00 target price (down from $550.00) on shares of Roper Technologies in a research note on Tuesday, January 27th. Two equities research analysts have rated the stock with a Strong Buy rating, seven 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, Roper Technologies has an average rating of “Hold” and a consensus target price of $472.07.
Read Our Latest Research Report on ROP
Insider Buying and Selling at Roper Technologies
In related news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was acquired at an average price of $358.46 per share, with a total value of $501,844.00. Following the completion of the acquisition, the director directly owned 1,400 shares in the company, valued at approximately $501,844. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.80% of the stock is currently owned by corporate insiders.
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.
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