Roper Technologies, Inc. $ROP Shares Purchased by Canoe Financial LP

Canoe Financial LP raised its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 2,996.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 238,584 shares of the industrial products company’s stock after buying an additional 230,880 shares during the quarter. Roper Technologies comprises about 1.7% of Canoe Financial LP’s portfolio, making the stock its 28th biggest holding. Canoe Financial LP’s holdings in Roper Technologies were worth $118,979,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Roper Technologies by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 10,896,899 shares of the industrial products company’s stock worth $6,176,798,000 after acquiring an additional 179,646 shares during the last quarter. State Street Corp lifted its stake in Roper Technologies by 2.1% during the second quarter. State Street Corp now owns 4,940,058 shares of the industrial products company’s stock worth $2,800,222,000 after purchasing an additional 101,033 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Roper Technologies by 1.1% during the second quarter. Geode Capital Management LLC now owns 2,574,503 shares of the industrial products company’s stock worth $1,453,557,000 after buying an additional 27,386 shares during the period. Norges Bank purchased a new stake in shares of Roper Technologies in the 2nd quarter valued at $1,064,718,000. Finally, Invesco Ltd. lifted its stake in Roper Technologies by 1.2% during the 2nd quarter. Invesco Ltd. now owns 1,496,088 shares of the industrial products company’s stock worth $848,043,000 after acquiring an additional 17,503 shares in the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

Roper Technologies Price Performance

Shares of NASDAQ ROP opened at $450.84 on Friday. The stock’s 50-day simple moving average is $453.08 and its 200-day simple moving average is $507.12. The firm has a market capitalization of $48.53 billion, a PE ratio of 31.07, a price-to-earnings-growth ratio of 2.26 and a beta of 0.94. Roper Technologies, Inc. has a fifty-two week low of $435.42 and a fifty-two week high of $595.17. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.53 and a current ratio of 0.58.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.11 by $0.03. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the prior year, the company posted $4.62 earnings per share. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS and its FY 2025 guidance at 19.900-19.950 EPS. As a group, equities research analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be paid a dividend of $0.91 per share. The ex-dividend date is Friday, January 2nd. This represents a $3.64 annualized dividend and a yield of 0.8%. This is an increase from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s dividend payout ratio (DPR) is 22.74%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ROP shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. Jefferies Financial Group cut their target price on shares of Roper Technologies from $685.00 to $650.00 and set a “buy” rating on the stock in a research note on Thursday, October 23rd. The Goldman Sachs Group decreased their price target on shares of Roper Technologies from $572.00 to $507.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. Truist Financial set a $650.00 price objective on Roper Technologies in a research note on Friday, October 24th. Finally, Stifel Nicolaus set a $550.00 target price on Roper Technologies in a research note on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $572.14.

Insiders Place Their Bets

In related news, CEO Laurence Neil Hunn acquired 10,000 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was bought at an average price of $452.23 per share, for a total transaction of $4,522,300.00. Following the completion of the purchase, the chief executive officer directly owned 97,311 shares of the company’s stock, valued at approximately $44,006,953.53. The trade was a 11.45% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Amy Woods Brinkley bought 1,200 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were purchased at an average price of $450.71 per share, for a total transaction of $540,852.00. Following the transaction, the director directly owned 18,184 shares of the company’s stock, valued at approximately $8,195,710.64. This represents a 7.07% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.78% of the stock is owned by insiders.

Roper Technologies Company 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.