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

Canoe Financial LP increased its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 37.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 328,020 shares of the industrial products company’s stock after buying an additional 89,436 shares during the period. Roper Technologies accounts for 2.0% of Canoe Financial LP’s holdings, making the stock its 18th biggest position. Canoe Financial LP owned about 0.30% of Roper Technologies worth $146,012,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ROP. Pallas Capital Advisors LLC increased its stake in shares of Roper Technologies by 229.6% in the 4th quarter. Pallas Capital Advisors LLC now owns 2,676 shares of the industrial products company’s stock valued at $1,191,000 after purchasing an additional 1,864 shares in the last quarter. Global X Japan Co. Ltd. boosted its position in Roper Technologies by 96.3% during the fourth quarter. Global X Japan Co. Ltd. now owns 3,309 shares of the industrial products company’s stock worth $1,473,000 after purchasing an additional 1,623 shares in the last quarter. Sendero Wealth Management LLC grew its holdings in Roper Technologies by 6.4% in the fourth quarter. Sendero Wealth Management LLC now owns 513 shares of the industrial products company’s stock valued at $228,000 after purchasing an additional 31 shares during the period. Rempart Asset Management Inc. grew its holdings in Roper Technologies by 0.6% in the fourth quarter. Rempart Asset Management Inc. now owns 42,450 shares of the industrial products company’s stock valued at $18,896,000 after purchasing an additional 266 shares during the period. Finally, National Wealth Management Group LLC purchased a new stake in shares of Roper Technologies in the fourth quarter valued at approximately $390,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ROP. Weiss Ratings lowered Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, March 11th. Citigroup cut their price target on shares of Roper Technologies from $575.00 to $450.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. JPMorgan Chase & Co. reduced their price objective 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. The Goldman Sachs Group decreased their price objective on shares of Roper Technologies from $507.00 to $440.00 and set a “neutral” rating on the stock in a report on Thursday, January 29th. Finally, Mizuho cut their target price on shares of Roper Technologies from $419.00 to $365.00 and set an “underperform” rating for the company in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Roper Technologies has a consensus rating of “Hold” and a consensus price target of $478.53.

Insiders Place Their Bets

In other news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was acquired at an average price of $358.46 per share, with a total value of $501,844.00. Following the purchase, the director directly owned 1,400 shares in the company, valued at approximately $501,844. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 0.78% of the stock is owned by insiders.

Roper Technologies Stock Down 1.9%

Shares of NASDAQ:ROP opened at $344.42 on Friday. Roper Technologies, Inc. has a 52-week low of $313.07 and a 52-week high of $593.00. The stock has a market cap of $35.45 billion, a P/E ratio of 24.25, a PEG ratio of 1.65 and a beta of 0.94. The business has a fifty day moving average of $356.25 and a two-hundred day moving average of $427.31. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 0.43.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, topping the consensus estimate of $5.14 by $0.07. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.09 billion. Roper Technologies had a return on equity of 10.99% and a net margin of 19.44%.The company’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.81 EPS. 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. On average, research analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 22nd. Shareholders of record on Monday, April 6th will be issued a $0.91 dividend. 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 presently 25.63%.

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.