Canoe Financial LP increased its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 37.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 328,020 shares of the industrial products company’s stock after purchasing an additional 89,436 shares during the quarter. Roper Technologies accounts for approximately 2.0% of Canoe Financial LP’s portfolio, making the stock its 18th biggest position. Canoe Financial LP’s holdings in Roper Technologies were worth $146,012,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of ROP. Field & Main Bank acquired a new stake in shares of Roper Technologies during the third quarter valued at about $25,000. Triumph Capital Management acquired a new position in shares of Roper Technologies in the 3rd quarter worth approximately $25,000. Asset Dedication LLC lifted its holdings in shares of Roper Technologies by 800.0% in the 2nd quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 40 shares during the last quarter. Board of the Pension Protection Fund purchased a new position in shares of Roper Technologies during the 4th quarter worth approximately $36,000. Finally, Quent Capital LLC acquired a new stake in Roper Technologies in the 3rd quarter valued at approximately $37,000. 93.31% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on the company. Melius Research cut Roper Technologies from a “buy” rating to a “hold” rating and set a $479.00 price target on the stock. in a research note on Tuesday, January 27th. Mizuho dropped their price objective on Roper Technologies from $419.00 to $365.00 and set an “underperform” rating for the company in a research note on Wednesday, January 28th. Piper Sandler cut their price objective on Roper Technologies from $600.00 to $530.00 and set an “overweight” rating on the stock in a report on Tuesday, January 13th. Argus reissued a “hold” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Finally, Robert W. Baird set a $550.00 target price on Roper Technologies in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $478.53.
Roper Technologies Price Performance
ROP stock opened at $344.42 on Friday. The business’s 50-day moving average is $356.25 and its two-hundred day moving average is $427.31. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.52 and a quick ratio of 0.48. The firm has a market capitalization of $35.45 billion, a P/E ratio of 24.25, a P/E/G ratio of 1.65 and a beta of 0.94. Roper Technologies, Inc. has a 1 year low of $313.07 and a 1 year high of $593.00.
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, topping analysts’ consensus estimates of $5.14 by $0.07. Roper Technologies had a return on equity of 10.99% and a net margin of 19.44%.The business had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same period in the previous year, the company posted $4.81 earnings per share. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. 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. Analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.
Roper Technologies Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Shareholders of record on Monday, April 6th will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 1.1%. The ex-dividend date is Monday, April 6th. Roper Technologies’s payout ratio is 25.63%.
Insider Activity at Roper Technologies
In other news, Director Thomas Patrick Joyce, Jr. acquired 1,400 shares of Roper Technologies stock in a transaction dated Friday, February 6th. The shares were acquired at an average cost of $358.46 per share, for a total transaction of $501,844.00. Following the acquisition, the director owned 1,400 shares of the company’s stock, valued at $501,844. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.78% of the company’s stock.
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.
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