Mattern Capital Management LLC increased its stake in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 56.9% in the first quarter, Holdings Channel reports. The firm owned 29,054 shares of the industrial products company’s stock after purchasing an additional 10,538 shares during the period. Roper Technologies comprises 1.2% of Mattern Capital Management LLC’s holdings, making the stock its 24th largest position. Mattern Capital Management LLC’s holdings in Roper Technologies were worth $10,281,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also bought and sold shares of the company. Schwartz Investment Counsel Inc. grew its holdings in shares of Roper Technologies by 10.7% during the first quarter. Schwartz Investment Counsel Inc. now owns 212,200 shares of the industrial products company’s stock valued at $75,089,000 after buying an additional 20,500 shares during the last quarter. Chicago Partners Investment Group LLC raised its stake in Roper Technologies by 7.0% in the 1st quarter. Chicago Partners Investment Group LLC now owns 4,341 shares of the industrial products company’s stock worth $1,583,000 after acquiring an additional 283 shares during the last quarter. Applied Finance Capital Management LLC lifted its position in Roper Technologies by 19.2% during the 1st quarter. Applied Finance Capital Management LLC now owns 68,589 shares of the industrial products company’s stock worth $24,271,000 after acquiring an additional 11,047 shares during the period. Global Assets Advisory LLC purchased a new stake in Roper Technologies during the 1st quarter valued at about $36,000. Finally, ARQ Wealth Advisors LLC purchased a new stake in Roper Technologies during the 1st quarter valued at about $660,000. Institutional investors and hedge funds own 93.31% of the company’s stock.
Analyst Ratings Changes
ROP has been the subject of several research analyst reports. Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Roper Technologies in a research report on Monday, June 8th. BMO Capital Markets started coverage on shares of Roper Technologies in a report on Friday. They issued a “market perform” rating and a $393.00 price target on the stock. Robert W. Baird raised their price target 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. Finally, Barclays decreased their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Roper Technologies presently has a consensus rating of “Hold” and an average target price of $467.12.
Roper Technologies Stock Performance
ROP opened at $360.59 on Tuesday. The firm has a fifty day moving average price of $336.59 and a 200 day moving average price of $359.64. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $566.24. The stock has a market cap of $36.39 billion, a P/E ratio of 22.52, a P/E/G ratio of 1.62 and a beta of 0.76. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.49.
Roper Technologies (NASDAQ:ROP – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, beating 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 prior year, the business posted $4.78 EPS. The firm’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. Equities research analysts anticipate that Roper Technologies, Inc. will post 21.95 earnings per share for the current year.
Roper Technologies Announces Dividend
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 given 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 dividend yield of 1.0%. Roper Technologies’s dividend payout ratio (DPR) 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.
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