Clear Harbor Asset Management LLC reduced its position in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 2.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 191,837 shares of the industrial products company’s stock after selling 4,798 shares during the quarter. Roper Technologies accounts for 5.8% of Clear Harbor Asset Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Clear Harbor Asset Management LLC’s holdings in Roper Technologies were worth $85,393,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nomura Asset Management Co. Ltd. raised its position in Roper Technologies by 2.8% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 111,449 shares of the industrial products company’s stock worth $49,609,000 after acquiring an additional 3,001 shares in the last quarter. Core Wealth Advisors LLC bought a new position in shares of Roper Technologies in the fourth quarter valued at about $47,000. MUFG Securities EMEA plc raised its position in shares of Roper Technologies by 663.1% in the fourth quarter. MUFG Securities EMEA plc now owns 126,377 shares of the industrial products company’s stock valued at $56,254,000 after purchasing an additional 109,817 shares during the period. DT Investment Partners LLC bought a new position in shares of Roper Technologies in the fourth quarter valued at about $46,000. Finally, Guinness Atkinson Asset Management Inc raised its position in shares of Roper Technologies by 24.3% in the fourth quarter. Guinness Atkinson Asset Management Inc now owns 13,806 shares of the industrial products company’s stock valued at $6,224,000 after purchasing an additional 2,697 shares during the period. 93.31% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
ROP has been the topic of several research analyst reports. Piper Sandler increased their price objective on shares of Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Royal Bank Of Canada increased their price objective on shares of Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. Zacks Research raised shares of Roper Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Barclays dropped their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Finally, Weiss Ratings lowered shares of Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, March 11th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $472.07.
Roper Technologies Price Performance
NASDAQ:ROP opened at $325.53 on Monday. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $576.49. The firm has a market cap of $32.85 billion, a price-to-earnings ratio of 20.33, a P/E/G ratio of 1.48 and a beta of 0.77. The firm’s 50-day simple moving average is $345.25 and its 200 day simple moving average is $382.47. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.49 and a current ratio of 0.53.
Roper Technologies (NASDAQ:ROP – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, topping analysts’ consensus estimates of $4.97 by $0.19. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The business had revenue of $2.10 billion for the quarter. During the same period in the prior year, the business posted $4.78 earnings per share. Roper Technologies’s revenue was up 11.3% compared to the same quarter last year. Roper Technologies has set its Q2 2026 guidance at 5.250-5.30 EPS and its FY 2026 guidance at 21.800-22.050 EPS. As a group, sell-side analysts predict that Roper Technologies, Inc. will post 21.94 earnings per share for the current year.
Roper Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, July 8th. Roper Technologies’s dividend payout ratio (DPR) is currently 22.74%.
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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