California State Teachers Retirement System Has $62.43 Million Stock Holdings in Roper Technologies, Inc. $ROP

California State Teachers Retirement System trimmed its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 2.5% in the first quarter, HoldingsChannel reports. The firm owned 176,415 shares of the industrial products company’s stock after selling 4,598 shares during the quarter. California State Teachers Retirement System’s holdings in Roper Technologies were worth $62,426,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of ROP. Vanguard Group Inc. boosted its holdings in shares of Roper Technologies by 12.5% during the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after buying an additional 1,384,656 shares during the period. State Street Corp lifted 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 worth $2,266,604,000 after acquiring an additional 105,250 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Roper Technologies by 0.9% during 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 acquiring an additional 22,335 shares during the period. Norges Bank bought a new stake in shares of Roper Technologies during the fourth quarter worth approximately $1,112,873,000. Finally, Invesco Ltd. grew its position in shares of Roper Technologies by 11.0% in the fourth quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock valued at $828,821,000 after purchasing an additional 184,644 shares during the last quarter. 93.31% of the stock is owned by institutional investors.

Roper Technologies Price Performance

Shares of NASDAQ ROP opened at $389.25 on Friday. The business has a fifty day moving average price of $345.41 and a two-hundred day moving average price of $352.63. The stock has a market capitalization of $39.28 billion, a PE ratio of 16.12, a P/E/G ratio of 1.84 and a beta of 0.76. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $556.23.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 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 return on equity of 11.36% and a net margin of 30.24%.The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.87 EPS. 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. As a group, equities analysts predict that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were given a $0.91 dividend. The ex-dividend date was Wednesday, July 8th. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. Roper Technologies’s payout ratio is presently 15.08%.

Insider Activity at Roper Technologies

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

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ROP. Royal Bank Of Canada lifted their price target on Roper Technologies from $407.00 to $417.00 and gave the stock a “sector perform” rating in a report on Friday, July 24th. Robert W. Baird set a $480.00 target price on Roper Technologies in a report on Friday, July 24th. BMO Capital Markets initiated coverage on shares of Roper Technologies in a research report on Friday, July 10th. They issued a “market perform” rating and a $393.00 target price for the company. Mizuho set a $355.00 price target on shares of Roper Technologies in a research note on Tuesday, July 21st. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Six research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $468.00.

Roper Technologies 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.