Crawford Investment Counsel Inc. Decreases Stock Holdings in Roper Technologies, Inc. $ROP

Crawford Investment Counsel Inc. trimmed its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 12.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 96,229 shares of the industrial products company’s stock after selling 13,888 shares during the quarter. Crawford Investment Counsel Inc.’s holdings in Roper Technologies were worth $42,835,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. increased its position 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 during the last quarter. State Street Corp increased its position in Roper Technologies by 2.1% in the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock worth $2,266,604,000 after buying an additional 105,250 shares during the last quarter. Geode Capital Management LLC increased its position in Roper Technologies by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after buying an additional 22,335 shares during the last quarter. Norges Bank purchased a new stake in Roper Technologies in the fourth quarter worth $1,112,873,000. Finally, Franklin Resources Inc. increased its position in Roper Technologies by 2.1% in the third quarter. Franklin Resources Inc. now owns 1,847,398 shares of the industrial products company’s stock worth $921,279,000 after buying an additional 37,766 shares during the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Piper Sandler raised their target price on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Robert W. Baird raised their target price on Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Zacks Research raised Roper Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Barclays decreased their target price on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. Finally, Royal Bank Of Canada raised their target price on Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a research 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 given a Sell rating to the stock. According to data from MarketBeat, Roper Technologies currently has a consensus rating of “Hold” and an average target price of $472.07.

Read Our Latest Analysis on Roper Technologies

Roper Technologies Stock Performance

NASDAQ:ROP opened at $337.33 on Wednesday. The company has a market capitalization of $34.04 billion, a P/E ratio of 21.07, a P/E/G ratio of 1.52 and a beta of 0.77. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $575.77. 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 business has a fifty day simple moving average of $341.07 and a two-hundred day simple moving average of $373.12.

Roper Technologies (NASDAQ:ROPGet Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.97 by $0.19. The company had revenue of $2.10 billion during the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.Roper Technologies’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm posted $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. On average, analysts expect that Roper Technologies, Inc. will post 21.94 earnings per share for the current year.

Roper Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be given a $0.91 dividend. The ex-dividend date is Wednesday, July 8th. This represents a $3.64 annualized dividend and a dividend yield of 1.1%. Roper Technologies’s payout ratio is 22.74%.

About Roper Technologies

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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