Dixon Mitchell Investment Counsel Inc. Has $65.65 Million Stock Holdings in Roper Technologies, Inc. $ROP

Dixon Mitchell Investment Counsel Inc. increased its position in Roper Technologies, Inc. (NASDAQ:ROP) by 54.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 147,404 shares of the industrial products company’s stock after purchasing an additional 51,724 shares during the quarter. Roper Technologies accounts for 2.2% of Dixon Mitchell Investment Counsel Inc.’s portfolio, making the stock its 20th biggest holding. Dixon Mitchell Investment Counsel Inc.’s holdings in Roper Technologies were worth $65,647,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Triumph Capital Management acquired a new stake in shares of Roper Technologies in the 3rd quarter valued at about $25,000. Tucker Asset Management LLC acquired a new stake in shares of Roper Technologies in the 4th quarter valued at about $33,000. Board of the Pension Protection Fund acquired a new stake in shares of Roper Technologies in the 4th quarter valued at about $36,000. Kelleher Financial Advisors acquired a new stake in shares of Roper Technologies in the 3rd quarter valued at about $40,000. Finally, DT Investment Partners LLC acquired a new stake in shares of Roper Technologies in the 4th quarter valued at about $46,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently commented on ROP shares. Piper Sandler raised their target price on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Royal Bank Of Canada raised their target price on Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Robert W. Baird raised their target price on Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Finally, Zacks Research upgraded Roper Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $472.07.

Roper Technologies Price Performance

ROP stock opened at $334.97 on Friday. The company has a market capitalization of $33.81 billion, a P/E ratio of 20.92, a price-to-earnings-growth ratio of 1.53 and a beta of 0.77. 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, Inc. has a 52-week low of $305.96 and a 52-week high of $575.77. The business has a 50-day simple moving average of $341.99 and a two-hundred day simple moving average of $375.14.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.97 by $0.19. The business had revenue of $2.10 billion during the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.Roper Technologies’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter last year, the firm 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 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders 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 yield of 1.1%. Roper Technologies’s payout ratio is 22.74%.

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.