Roper Technologies, Inc. $ROP Shares Purchased by Parnassus Investments LLC

Parnassus Investments LLC increased its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 17.3% in the fourth quarter, HoldingsChannel reports. The firm owned 109,628 shares of the industrial products company’s stock after acquiring an additional 16,188 shares during the quarter. Parnassus Investments LLC’s holdings in Roper Technologies were worth $48,799,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Triumph Capital Management acquired a new stake in shares of Roper Technologies during the third quarter worth about $25,000. Tucker Asset Management LLC acquired a new stake in shares of Roper Technologies during the fourth quarter worth about $33,000. Kelleher Financial Advisors acquired a new stake in shares of Roper Technologies during the third quarter worth about $40,000. Board of the Pension Protection Fund acquired a new stake in shares of Roper Technologies during the fourth quarter worth about $36,000. Finally, DT Investment Partners LLC purchased a new position in Roper Technologies during the fourth quarter valued at approximately $46,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Analyst Upgrades and Downgrades

ROP has been the subject of several recent research reports. Royal Bank Of Canada lifted their price target on Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Roper Technologies in a research report on Monday. Barclays reduced their price target 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. Zacks Research upgraded Roper Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, Robert W. Baird lifted their price target on Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” 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 given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $472.07.

Roper Technologies Stock Down 0.4%

Shares of ROP stock opened at $332.71 on Friday. The stock has a market cap of $33.58 billion, a P/E ratio of 20.78, a P/E/G ratio of 1.52 and a beta of 0.77. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $575.77. The stock has a 50 day moving average of $342.41 and a 200 day moving average of $375.43. 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 (NASDAQ:ROP) last posted its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 EPS 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 return on equity of 11.16% and a net margin of 21.12%.The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm earned $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. As a group, sell-side analysts expect that Roper Technologies, Inc. will post 21.94 EPS for the current year.

Roper Technologies Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.1%. Roper Technologies’s payout ratio is 22.74%.

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.