Kensington Investment Counsel LLC Decreases Stock Holdings in Roper Technologies, Inc. $ROP

Kensington Investment Counsel LLC decreased its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 53.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,629 shares of the industrial products company’s stock after selling 3,006 shares during the period. Kensington Investment Counsel LLC’s holdings in Roper Technologies were worth $930,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kentucky Retirement Systems grew its holdings in Roper Technologies by 21.6% during the 1st quarter. Kentucky Retirement Systems now owns 8,199 shares of the industrial products company’s stock valued at $2,901,000 after purchasing an additional 1,458 shares during the last quarter. Bull Harbor Capital LLC bought a new stake in shares of Roper Technologies during the first quarter worth $690,000. South Dakota Investment Council purchased a new stake in shares of Roper Technologies during the first quarter valued at $1,267,000. Amundi grew its holdings in shares of Roper Technologies by 35.4% in the first quarter. Amundi now owns 449,593 shares of the industrial products company’s stock worth $159,088,000 after purchasing an additional 117,521 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in Roper Technologies by 11.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,012 shares of the industrial products company’s stock valued at $712,000 after buying an additional 208 shares in the last quarter. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP John K. Stipancich sold 2,000 shares of the business’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $379.05, for a total transaction of $758,100.00. Following the transaction, the executive vice president directly owned 35,634 shares in the company, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the completion of the sale, the director owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. The trade was a 46.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.80% of the company’s stock.

Wall Street Analyst Weigh In

ROP has been the subject of a number of research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. BMO Capital Markets began coverage on Roper Technologies in a research note on Friday, July 10th. They set a “market perform” rating and a $393.00 price target on the stock. Zacks Research downgraded shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Raymond James Financial downgraded shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Finally, Mizuho set a $355.00 target price on Roper Technologies in a report on Tuesday, July 21st. Six investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $468.00.

Roper Technologies Stock Up 4.4%

NASDAQ:ROP opened at $408.07 on Thursday. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $564.68. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51. The firm has a market capitalization of $41.18 billion, a P/E ratio of 16.90, a PEG ratio of 1.76 and a beta of 0.76. The company’s fifty day moving average price is $344.11 and its 200-day moving average price is $352.95.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating analysts’ consensus estimates of $5.29 by $0.09. The business had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the firm earned $4.87 earnings per share. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. As a group, equities research analysts anticipate that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, July 8th. Roper Technologies’s dividend payout ratio is 15.08%.

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.