Roper Technologies, Inc. $ROP Stock Position Lifted by California State Teachers Retirement System

Key Points

• California State Teachers Retirement System dramatically increased its Roper Technologies stake by adding nearly 55.9 million shares, bringing its ownership to 56.74%. Institutional investors collectively own 93.31% of the company.
• Roper reported quarterly EPS of $5.38, topping the $5.29 consensus estimate, while revenue rose 8.5% year over year to $2.11 billion. Management issued fiscal 2026 EPS guidance of $22.15–$22.30.
• The company declared a quarterly dividend of $0.91 per share, equal to a $3.64 annualized payout and a 0.9% yield. Analysts maintain a consensus “Hold” rating with an average price target of $466.94, while two insiders recently sold shares.

California State Teachers Retirement System raised its stake in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 31,706.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 56,111,830 shares of the industrial products company's stock after buying an additional 55,935,415 shares during the quarter. California State Teachers Retirement System owned 56.74% of Roper Technologies worth $18,987,682,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Roper Technologies in the second quarter worth $3,346,912,000. State Street Corp boosted its position in Roper Technologies by 2.1% during the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company's stock valued at $2,266,604,000 after purchasing an additional 105,250 shares during the last quarter. Geode Capital Management LLC grew its stake 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 valued at $1,172,099,000 after purchasing an additional 22,335 shares in the last quarter. Wellington Management Group LLP purchased a new position in Roper Technologies in the second quarter valued at about $890,328,000. Finally, Norges Bank acquired a new position in Roper Technologies in the 4th quarter worth about $1,112,873,000. Institutional investors and hedge funds own 93.31% of the company's stock.

Insider Activity

In other news, EVP John K. Stipancich sold 2,000 shares of the business's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction of $758,100.00. Following the completion of the transaction, the executive vice president directly owned 35,634 shares of the company's stock, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Richard F. Wallman sold 6,434 shares of the company's stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the sale, the director owned 7,423 shares in the company, valued at $2,679,703. The trade was a 46.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by corporate insiders.

Roper Technologies Stock Performance

Shares of ROP stock opened at $407.28 on Tuesday. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $530.00. The company has a 50 day moving average price of $386.04 and a 200 day moving average price of $358.49. The stock has a market capitalization of $40.28 billion, a P/E ratio of 16.87, a price-to-earnings-growth ratio of 2.04 and a beta of 0.75. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55.

Roper Technologies (NASDAQ:ROP - Get Free Report) last released its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.29 by $0.09. The company had revenue of $2.11 billion for the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. Roper Technologies's quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the company earned $4.87 earnings per share. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. Equities research analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be paid a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd. Roper Technologies's payout ratio is presently 15.08%.

Analyst Ratings Changes

Several brokerages have recently issued reports on ROP. Mizuho set a $355.00 price target on Roper Technologies in a report on Tuesday, July 21st. Robert W. Baird set a $480.00 price objective on Roper Technologies in a report on Friday, July 24th. Zacks Research cut shares of Roper Technologies from a "strong-buy" rating to a "hold" rating in a research note on Thursday, June 25th. JPMorgan Chase & Co. boosted their target price on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an "underweight" rating in a research report on Wednesday, July 29th. Finally, Raymond James Financial downgraded shares of Roper Technologies from a "strong-buy" rating to a "market perform" rating in a report on Wednesday, July 22nd. Seven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $466.94.

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.

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