TD Asset Management Inc Acquires 49,898 Shares of Roper Technologies, Inc. $ROP

TD Asset Management Inc boosted its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 46.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 157,382 shares of the industrial products company’s stock after purchasing an additional 49,898 shares during the period. TD Asset Management Inc’s holdings in Roper Technologies were worth $70,055,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Cibc World Market Inc. lifted its stake in Roper Technologies by 9.5% in the fourth quarter. Cibc World Market Inc. now owns 24,510 shares of the industrial products company’s stock worth $10,910,000 after purchasing an additional 2,122 shares during the last quarter. Sivia Capital Partners LLC raised its stake in shares of Roper Technologies by 470.6% during the fourth quarter. Sivia Capital Partners LLC now owns 3,007 shares of the industrial products company’s stock valued at $1,339,000 after acquiring an additional 2,480 shares during the last quarter. Manitou Investment Management Ltd. raised its stake in shares of Roper Technologies by 8.8% during the fourth quarter. Manitou Investment Management Ltd. now owns 80,166 shares of the industrial products company’s stock valued at $35,684,000 after acquiring an additional 6,496 shares during the last quarter. Avestar Capital LLC bought a new position in shares of Roper Technologies during the fourth quarter valued at about $343,000. Finally, CIBC Asset Management Inc raised its stake in shares of Roper Technologies by 20.5% during the fourth quarter. CIBC Asset Management Inc now owns 67,178 shares of the industrial products company’s stock valued at $29,896,000 after acquiring an additional 11,429 shares during the last quarter. 93.31% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on ROP shares. Piper Sandler upped their price objective on shares of 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 upped their price objective on shares of Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Robert W. Baird upped 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. Zacks Research raised shares of Roper Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings downgraded shares of Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, March 11th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $472.07.

Roper Technologies Price Performance

ROP stock opened at $332.18 on Friday. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $576.49. The company has a market cap of $33.52 billion, a P/E ratio of 20.75, a PEG ratio of 1.51 and a beta of 0.77. The firm has a 50-day moving average of $343.71 and a 200 day moving average of $378.97. 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) last released its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter. During the same period in the previous year, the company earned $4.78 earnings per share. Roper Technologies’s quarterly revenue was up 11.3% on a year-over-year basis. 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, sell-side analysts forecast that Roper Technologies, Inc. will post 21.94 EPS for the current year.

Roper Technologies Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date 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.