Roper Technologies (ROP)
Operator and acquirer of vertical software, network platforms, and technology-enabled products.
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Operates a decentralized portfolio of vertical software, network platforms, and technology-enabled products for specialized education, insurance, freight, healthcare, and utility markets. Recurring software and service revenue supports cash generation, with acquisitions central to capital allocation.
Operates vertical software and technology-enabled product businesses serving specialized workflows in education, insurance, healthcare, construction, transportation, utilities, and professional services. Application Software includes Deltek, Frontline, Vertafore, CentralReach, Procare, and Transact/CBORD; Network Software includes DAT, ConstructConnect, iPipeline, and Subsplash; Technology Enabled Products includes Neptune water meters and Verathon medical devices.
Uses a decentralized operating model that leaves day-to-day decisions with individual business units while the corporate center allocates capital and guides performance. Growth comes from product development, sales execution, and acquisitions, with software subscriptions, maintenance, and other repeat customer activity supporting recurring revenue.
Most revenue comes from U.S. customers. Data-privacy rules shape its software operations, while healthcare businesses also depend on medical-device and patient-information regulation.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 6, 2026 | Argus Research | Upgrade | Target: $575 | Target: $450 |
| Jul 24, 2026 | RBC Capital | Reiterate | Rating: —Target: $407 | Target: $417 |
| Jul 24, 2026 | Robert W. Baird | Target | Target: $470 | Target: $480 |
| Jul 24, 2026 | Piper Sandler | Reiterate | Rating: —Target: $540 | Target: $526 |
| Jul 22, 2026 | Raymond James | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $364.9M · Total debt $11.32B · Total assets $35.17B · Shareholders' equity $18.70B
- Revenue
- $2.11B
- Operating income
- $584.7M
- Net income
- $1.17B
HistoryDividendAnnual yieldUpcoming
| Institutions | ≈ 110.37% | 109.16M shares | |
|---|---|---|---|
| 1,104 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 0.28% | 278.3K shares | |
| 13 holders · as of Sep 17, 2026 | |||
| Adds to | 110.65% | ||
98.90M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 110.65%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 10.00% | 9.89M | as of Jun 30, 2026 |
Windacre Partnership LLCInstitution | 8.73% | 8.63M | as of Jun 30, 2026 |
Dodge & CoxInstitution | 7.14% | 7.06M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 6.67% | 6.59M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.81% | 5.74M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 24, 2026 | Richard F. Wallman | director | −6,434 | $361.00 |
| Jul 27, 2026 | John K. Stipancich | officer: EVP, Chief Legal Officer & Sec | −2,000 | $379.05 |
| Feb 6, 2026 | Thomas Patrick JR Joyce | director | +1,400 | $358.46 |
| Dec 1, 2025 | Jason Conley | officer: EVP, Chief Financial Officer | −6,000 | $445.57 |
| Nov 11, 2025 | Laurence Neil Hunn | director, officer: President and CEO | −30,000 | $443.57 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Roper Technologies | $363.20 | −0.60% | $36.88B | 15.2 | 15.4 | 4.5 | +8.5% |
| Fortive | $55.78 | +1.26% | $16.64B | 32.4 | 17.9 | 3.9 | −27.8% |
| SS&C Technologies | $79.45 | −1.19% | $18.87B | 23.1 | 10.6 | 2.9 | +10.4% |
| Tyler Technologies | $330.69 | −0.53% | $13.62B | 44.1 | 23.1 | 5.6 | +8.2% |
| OpenText | $22.78 | −1.30% | $5.60B | 5.1 | 5.8 | 0.6 | +0.6% |
| Median | 27.8 | 14.3 | 3.4 | +4.4% |