Roper Technologies, Inc. $ROP Shares Bought by Fenimore Asset Management Inc

Fenimore Asset Management Inc raised its position in Roper Technologies, Inc. (NASDAQ:ROP) by 5.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 52,195 shares of the industrial products company’s stock after acquiring an additional 2,720 shares during the quarter. Fenimore Asset Management Inc’s holdings in Roper Technologies were worth $23,234,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in ROP. Hutchens & Kramer Investment Management Group LLC increased its stake in shares of Roper Technologies by 2.3% during 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 during the period. Brown Brothers Harriman & Co. increased its stake in shares of Roper Technologies by 1.0% during 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 during the period. Cornerstone Planning Group LLC increased its stake in shares of Roper Technologies by 36.8% during 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 during the period. Promus Capital LLC increased its stake in shares of Roper Technologies by 1.5% during 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 during the period. Finally, Harbor Investment Advisory LLC increased its stake in shares of Roper Technologies by 5.7% during 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 during the period. Institutional investors and hedge funds own 93.31% of the company’s stock.

Insiders Place Their Bets

In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. bought 1,400 shares of Roper Technologies stock in a transaction that occurred on Friday, February 6th. The stock was purchased at an average cost of $358.46 per share, for a total transaction of $501,844.00. Following the completion of the acquisition, the director owned 1,400 shares of the company’s stock, valued at approximately $501,844. This represents a ? increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.80% of the company’s stock.

Roper Technologies Trading Up 1.0%

Shares of NASDAQ:ROP opened at $358.22 on Friday. The stock has a market capitalization of $36.67 billion, a price-to-earnings ratio of 22.37, a PEG ratio of 1.63 and a beta of 0.81. Roper Technologies, Inc. has a 1-year low of $313.07 and a 1-year high of $584.03. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.49 and a current ratio of 0.53. The company has a 50 day moving average price of $353.83 and a 200 day moving average price of $402.13.

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 analysts’ consensus estimates of $4.97 by $0.19. The firm had revenue of $2.10 billion during the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The company’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.78 earnings per share. 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 anticipate that Roper Technologies, Inc. will post 21.94 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Investors of record on Monday, April 6th were issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Monday, April 6th. Roper Technologies’s dividend payout ratio (DPR) is presently 22.74%.

Analysts Set New Price Targets

A number of research firms recently commented on ROP. Melius Research lowered shares of Roper Technologies from a “buy” rating to a “hold” rating and set a $479.00 price objective on the stock. in a research note on Tuesday, January 27th. Oppenheimer reiterated a “market perform” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Argus reiterated a “hold” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. TD Cowen reiterated a “buy” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Finally, Robert W. Baird raised their price objective on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Roper Technologies has a consensus rating of “Hold” and an average target price of $472.07.

Roper Technologies 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.