California Public Employees Retirement System Sells 40,725 Shares of Roper Technologies, Inc. $ROP

Key Points

• CalPERS reduced its stake in Roper Technologies by 14.1% in the first quarter, selling 40,725 shares and leaving it with 248,003 shares worth about $87.8 million.
• Roper reported solid quarterly results, posting $5.16 EPS versus the $4.97 consensus and revenue of $2.10 billion, up 11.3% year over year. The company also raised guidance for Q2 2026 and FY 2026.
• The company continues to return cash to shareholders with a quarterly dividend of $0.91 per share, equal to $3.64 annually and a 1.0% yield. Analysts currently have a consensus rating of Hold with an average price target of $467.12.

California Public Employees Retirement System cut its holdings in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 14.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 248,003 shares of the industrial products company's stock after selling 40,725 shares during the quarter. California Public Employees Retirement System owned 0.25% of Roper Technologies worth $87,758,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of ROP. Norges Bank acquired a new position in shares of Roper Technologies during the 4th quarter valued at $1,112,873,000. Vanguard Group Inc. grew its holdings in Roper Technologies by 12.5% in the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company's stock worth $5,553,932,000 after purchasing an additional 1,384,656 shares during the period. OpenArc Corporate Advisory LLC acquired a new stake in Roper Technologies in the fourth quarter worth $367,567,000. AQR Capital Management LLC increased its stake in Roper Technologies by 194.6% in the fourth quarter. AQR Capital Management LLC now owns 772,347 shares of the industrial products company's stock valued at $343,795,000 after purchasing an additional 510,138 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its stake in Roper Technologies by 131.6% in 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 in the last quarter. Institutional investors and hedge funds own 93.31% of the company's stock.

Roper Technologies Price Performance

Roper Technologies stock opened at $363.14 on Monday. The firm has a market capitalization of $36.65 billion, a price-to-earnings ratio of 22.68, a price-to-earnings-growth ratio of 1.65 and a beta of 0.76. The firm's fifty day moving average price is $336.99 and its two-hundred day moving average price is $356.96. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $566.24. 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 - Get Free Report) last posted its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, topping the consensus estimate of $4.97 by $0.19. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The company had revenue of $2.10 billion during the quarter. During the same period in the previous year, the firm earned $4.78 earnings per share. The company's revenue was up 11.3% on a year-over-year basis. 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 predict that Roper Technologies, Inc. will post 21.95 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. Roper Technologies's dividend payout ratio is 22.74%.

Wall Street Analysts Forecast Growth

ROP has been the topic of a number of research analyst reports. Weiss Ratings reissued a "sell (d+)" rating on shares of Roper Technologies in a research report on Monday, June 8th. Piper Sandler boosted their target price on Roper Technologies from $530.00 to $540.00 and gave the company an "overweight" rating in a research report on Friday, April 24th. BMO Capital Markets began coverage on Roper Technologies in a research note on Friday, July 10th. They set a "market perform" rating and a $393.00 price target on the stock. Royal Bank Of Canada increased their price target on Roper Technologies from $393.00 to $407.00 and gave the stock a "sector perform" rating in a report on Friday, April 24th. Finally, Zacks Research cut Roper Technologies from a "strong-buy" rating to a "hold" rating in a research note on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Roper Technologies currently has an average rating of "Hold" and a consensus target price of $467.12.

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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