Roper Technologies, Inc. $ROP is Manitou Investment Management Ltd.’s 9th Largest Position

Manitou Investment Management Ltd. increased its position in Roper Technologies, Inc. (NASDAQ:ROP) by 8.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 80,166 shares of the industrial products company’s stock after acquiring an additional 6,496 shares during the period. Roper Technologies comprises approximately 6.3% of Manitou Investment Management Ltd.’s holdings, making the stock its 9th largest position. Manitou Investment Management Ltd.’s holdings in Roper Technologies were worth $35,684,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Hutchens & Kramer Investment Management Group LLC grew its position in Roper Technologies by 2.3% in the 4th quarter. Hutchens & Kramer Investment Management Group LLC now owns 1,003 shares of the industrial products company’s stock worth $446,000 after purchasing an additional 23 shares during the period. Brown Brothers Harriman & Co. grew its position in Roper Technologies by 1.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock worth $1,115,000 after purchasing an additional 23 shares during the period. Cornerstone Planning Group LLC grew its position in Roper Technologies by 36.8% in the 3rd quarter. Cornerstone Planning Group LLC now owns 93 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 25 shares during the period. Promus Capital LLC grew its position in Roper Technologies by 1.5% in the 3rd quarter. Promus Capital LLC now owns 1,640 shares of the industrial products company’s stock worth $818,000 after purchasing an additional 25 shares during the period. Finally, Harbor Investment Advisory LLC grew its position in Roper Technologies by 5.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 460 shares of the industrial products company’s stock worth $205,000 after purchasing an additional 25 shares during the period. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ROP has been the subject of a number of research analyst reports. 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 cut their target price on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. Piper Sandler upped their price target 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. 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. Finally, Royal Bank Of Canada upped their price target 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. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Roper Technologies has a consensus rating of “Hold” and a consensus target price of $472.07.

Roper Technologies Trading Down 1.4%

Shares of Roper Technologies stock opened at $331.70 on Thursday. The company’s fifty day simple moving average is $344.29 and its 200-day simple moving average is $380.12. The stock has a market capitalization of $33.48 billion, a PE ratio of 20.72, a P/E/G ratio of 1.53 and a beta of 0.77. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $576.49. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.49.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, topping the consensus estimate of $4.97 by $0.19. The business had revenue of $2.10 billion for the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The company’s revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.78 EPS. 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, equities analysts anticipate that Roper Technologies, Inc. will post 21.94 earnings per share for the current year.

Roper Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be paid a dividend of $0.91 per share. The ex-dividend date is Wednesday, July 8th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.1%. Roper Technologies’s payout ratio is 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.