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

Key Points

• Horizon Investments LLC increased its Roper stake by 94.7%, acquiring 4,629 shares for a total holding of 9,519 shares worth about $4.23 million, while institutional investors own roughly 93.31% of the company.
• Several analysts cut price targets in late January, and MarketBeat shows a consensus rating of 'Hold' with an average price target of $472.07.
• Roper beat Q1 EPS estimates ($5.16 vs. $4.97) and reported revenue up 11.3% to $2.10 billion, issued Q2 EPS guidance of 5.25–5.30 and FY 2026 guidance of 21.80–22.05, and pays a $0.91 quarterly dividend (annualized $3.64, ~1.0% yield).

Horizon Investments LLC increased its position in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 94.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,519 shares of the industrial products company's stock after acquiring an additional 4,629 shares during the period. Horizon Investments LLC's holdings in Roper Technologies were worth $4,229,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ROP. Johnson Investment Counsel Inc. raised its position in Roper Technologies by 2.8% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 162,291 shares of the industrial products company's stock valued at $80,933,000 after purchasing an additional 4,479 shares in the last quarter. Stephens Inc. AR raised its position in Roper Technologies by 36.5% in the 3rd quarter. Stephens Inc. AR now owns 14,117 shares of the industrial products company's stock valued at $7,040,000 after purchasing an additional 3,773 shares in the last quarter. ING Groep NV raised its position in Roper Technologies by 175.7% in the 3rd quarter. ING Groep NV now owns 118,749 shares of the industrial products company's stock valued at $59,219,000 after purchasing an additional 75,675 shares in the last quarter. Principal Financial Group Inc. raised its position in Roper Technologies by 2.2% in the 3rd quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company's stock valued at $1,273,387,000 after purchasing an additional 54,221 shares in the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new stake in Roper Technologies in the 3rd quarter valued at about $10,053,000. Institutional investors and hedge funds own 93.31% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ROP shares. Citigroup reduced their price target on Roper Technologies from $575.00 to $450.00 and set a "buy" rating on the stock in a research report on Wednesday, January 28th. Mizuho reduced their price target on Roper Technologies from $419.00 to $365.00 and set an "underperform" rating on the stock in a research report on Wednesday, January 28th. Robert W. Baird increased 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. The Goldman Sachs Group reduced their price target on Roper Technologies from $507.00 to $440.00 and set a "neutral" rating on the stock in a research report on Thursday, January 29th. Finally, JPMorgan Chase & Co. reduced their price target on Roper Technologies from $457.00 to $397.00 and set an "underweight" rating on the stock in a research report on Wednesday, January 28th. Two 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 given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $472.07.

Roper Technologies Price Performance

Shares of NASDAQ ROP opened at $358.22 on Monday. The stock's 50-day simple moving average is $353.83 and its 200-day simple moving average is $401.34. The firm has a market capitalization of $36.67 billion, a PE ratio of 22.37, a price-to-earnings-growth ratio of 1.63 and a beta of 0.81. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.49 and a current ratio of 0.53. 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 released 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 firm had revenue of $2.10 billion for the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The company's quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter 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. As a group, equities research analysts forecast that Roper Technologies, Inc. will post 21.94 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Investors of record on Monday, April 6th were paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Monday, April 6th. Roper Technologies's dividend payout ratio (DPR) is currently 22.74%.

Insider Transactions at Roper Technologies

In other news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the company's stock in a transaction that occurred on Friday, February 6th. The shares were purchased at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the purchase, the director directly owned 1,400 shares of the company's stock, valued at $501,844. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.80% of the stock is owned by corporate insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.