Roper Technologies, Inc. $ROP Shares Purchased by CIBC Asset Management Inc

CIBC Asset Management Inc boosted its position in Roper Technologies, Inc. (NASDAQ:ROP) by 20.5% during the 4th quarter, Holdings Channel reports. The fund owned 67,178 shares of the industrial products company’s stock after acquiring an additional 11,429 shares during the quarter. CIBC Asset Management Inc’s holdings in Roper Technologies were worth $29,896,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Hutchens & Kramer Investment Management Group LLC raised its holdings in Roper Technologies by 2.3% in the fourth quarter. Hutchens & Kramer Investment Management Group LLC now owns 1,003 shares of the industrial products company’s stock valued at $446,000 after acquiring an additional 23 shares in the last quarter. Brown Brothers Harriman & Co. raised its holdings in Roper Technologies by 1.0% in the third quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock valued at $1,115,000 after acquiring an additional 23 shares in the last quarter. Cornerstone Planning Group LLC raised its holdings in Roper Technologies by 36.8% in the third quarter. Cornerstone Planning Group LLC now owns 93 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 25 shares in the last quarter. Promus Capital LLC raised its holdings in Roper Technologies by 1.5% in the third quarter. Promus Capital LLC now owns 1,640 shares of the industrial products company’s stock valued at $818,000 after acquiring an additional 25 shares in the last quarter. Finally, Harbor Investment Advisory LLC raised its holdings in Roper Technologies by 5.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 460 shares of the industrial products company’s stock valued at $205,000 after acquiring an additional 25 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Analysts Set New Price Targets

ROP has been the topic 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 report on Wednesday, April 29th. Robert W. Baird raised their price objective on shares of Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Piper Sandler raised their price objective on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Royal Bank Of Canada raised their price objective on shares of Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Finally, Barclays cut their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Roper Technologies currently has a consensus rating of “Hold” and a consensus target price of $472.07.

Roper Technologies Stock Down 1.4%

ROP stock opened at $331.70 on Thursday. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $576.49. The company’s 50 day moving average is $344.29 and its two-hundred day moving average is $380.12. The stock has a market cap of $33.48 billion, a P/E ratio of 20.72, a PEG ratio of 1.53 and a beta of 0.77.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.97 by $0.19. The company 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 firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the previous year, the business posted $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. Research analysts expect that Roper Technologies, Inc. will post 21.94 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

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