Roper Technologies, Inc. $ROP Shares Sold by Kennedy Capital Management LLC

Kennedy Capital Management LLC trimmed its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 31.2% during the fourth quarter, HoldingsChannel reports. The fund owned 9,924 shares of the industrial products company’s stock after selling 4,501 shares during the quarter. Kennedy Capital Management LLC’s holdings in Roper Technologies were worth $4,417,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Landscape Capital Management L.L.C. increased its stake in shares of Roper Technologies by 1,831.8% during the fourth quarter. Landscape Capital Management L.L.C. now owns 18,719 shares of the industrial products company’s stock worth $8,332,000 after acquiring an additional 17,750 shares during the period. DE Burlo Group Inc. acquired a new position in shares of Roper Technologies during the fourth quarter worth about $14,059,000. Dixon Mitchell Investment Counsel Inc. increased its stake in shares of Roper Technologies by 54.1% during the fourth quarter. Dixon Mitchell Investment Counsel Inc. now owns 147,404 shares of the industrial products company’s stock worth $65,647,000 after acquiring an additional 51,724 shares during the period. Eventide Asset Management LLC increased its stake in shares of Roper Technologies by 1.2% during the fourth quarter. Eventide Asset Management LLC now owns 184,166 shares of the industrial products company’s stock worth $82,027,000 after acquiring an additional 2,260 shares during the period. Finally, Entropy Technologies LP increased its stake in shares of Roper Technologies by 154.7% during the fourth quarter. Entropy Technologies LP now owns 27,680 shares of the industrial products company’s stock worth $12,321,000 after acquiring an additional 16,814 shares during the period. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on ROP shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Robert W. Baird upped their target price on shares of Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Piper Sandler upped their target price on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Zacks Research upgraded shares of Roper Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada upped their target price on shares of Roper Technologies from $393.00 to $407.00 and gave the stock 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 issued 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 currently has a consensus rating of “Hold” and an average price target of $472.07.

Roper Technologies Trading Down 0.8%

Shares of ROP opened at $332.45 on Tuesday. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. The firm’s 50-day moving average is $341.48 and its two-hundred day moving average is $373.89. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $575.77. The firm has a market capitalization of $33.55 billion, a P/E ratio of 20.77, a PEG ratio of 1.53 and a beta of 0.77.

Roper Technologies (NASDAQ:ROP) last issued its 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. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The company had revenue of $2.10 billion for the quarter. During the same quarter in the previous year, the company posted $4.78 earnings per share. The company’s quarterly revenue was up 11.3% compared to the same quarter last year. 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. On average, research analysts predict that Roper Technologies, Inc. will post 21.94 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

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