CIBC Bancorp USA Inc. Makes New Investment in Roper Technologies, Inc. $ROP

CIBC Bancorp USA Inc. acquired a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 20,159 shares of the industrial products company’s stock, valued at approximately $10,053,000.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Roper Technologies by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 11,092,444 shares of the industrial products company’s stock worth $5,531,691,000 after acquiring an additional 195,545 shares during the last quarter. State Street Corp lifted its holdings in shares of Roper Technologies by 0.9% during the third quarter. State Street Corp now owns 4,986,755 shares of the industrial products company’s stock valued at $2,486,845,000 after purchasing an additional 46,697 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of 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 during the period. Norges Bank purchased a new position in Roper Technologies in the 2nd quarter worth about $1,064,718,000. Finally, Franklin Resources Inc. raised its holdings in Roper Technologies by 2.1% during the 3rd quarter. Franklin Resources Inc. now owns 1,847,398 shares of the industrial products company’s stock worth $921,279,000 after buying an additional 37,766 shares during the period. 93.31% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Thomas Patrick Joyce, Jr. bought 1,400 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was bought at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the completion of the purchase, the director owned 1,400 shares of the company’s stock, valued at approximately $501,844. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on ROP shares. The Goldman Sachs Group reduced their price objective on shares of Roper Technologies from $507.00 to $440.00 and set a “neutral” rating for the company in a research note on Thursday, January 29th. Oppenheimer restated a “market perform” rating on shares of Roper Technologies in a report on Wednesday, January 28th. JPMorgan Chase & Co. reduced their price target on shares of Roper Technologies from $457.00 to $397.00 and set an “underweight” rating for the company in a research report on Wednesday, January 28th. TD Cowen reaffirmed a “buy” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Finally, Citigroup lowered their price objective on shares of Roper Technologies from $575.00 to $450.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $478.53.

Get Our Latest Research Report on ROP

Roper Technologies Stock Up 0.1%

Shares of NASDAQ ROP opened at $353.68 on Friday. Roper Technologies, Inc. has a 52-week low of $313.07 and a 52-week high of $594.25. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.48 and a current ratio of 0.52. The business has a fifty day moving average of $363.68 and a two-hundred day moving average of $433.99. The stock has a market cap of $36.40 billion, a PE ratio of 24.91, a PEG ratio of 1.69 and a beta of 0.94.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its earnings results on Tuesday, January 27th. The industrial products company reported $5.21 earnings per share for the quarter, topping the consensus estimate of $5.14 by $0.07. Roper Technologies had a net margin of 19.44% and a return on equity of 10.99%. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same quarter in the prior year, the firm earned $4.81 EPS. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. Roper Technologies has set its FY 2026 guidance at 21.300-21.550 EPS and its Q1 2026 guidance at 4.950-5.000 EPS. As a group, equities research analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Monday, April 6th will be issued a dividend of $0.91 per share. The ex-dividend date of this dividend is Monday, April 6th. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio (DPR) is presently 25.63%.

Roper Technologies Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.