Novare Capital Management LLC Has $11.79 Million Holdings in Roper Technologies, Inc. $ROP

Novare Capital Management LLC cut its position in Roper Technologies, Inc. (NASDAQ:ROP) by 13.1% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 33,313 shares of the industrial products company’s stock after selling 5,043 shares during the period. Novare Capital Management LLC’s holdings in Roper Technologies were worth $11,788,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hutchens & Kramer Investment Management Group LLC lifted its stake in Roper Technologies by 2.3% in 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 last quarter. Brown Brothers Harriman & Co. increased its stake in shares of Roper Technologies by 1.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock worth $1,115,000 after purchasing an additional 23 shares during the last quarter. Promus Capital LLC raised its holdings in shares of Roper Technologies by 1.5% in the 3rd quarter. Promus Capital LLC now owns 1,640 shares of the industrial products company’s stock valued at $818,000 after purchasing an additional 25 shares during the period. Harbor Investment Advisory LLC raised its holdings in shares of Roper Technologies by 5.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 460 shares of the industrial products company’s stock valued at $205,000 after purchasing an additional 25 shares during the period. Finally, SeaCrest Wealth Management LLC lifted its stake in Roper Technologies by 6.2% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock valued at $223,000 after purchasing an additional 25 shares during the last quarter. 93.31% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ROP has been the topic of a number of recent analyst reports. Robert W. Baird boosted their price target on 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 raised their price objective on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Zacks Research raised Roper Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Finally, Royal Bank Of Canada raised their price target on Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $472.07.

Roper Technologies Trading Down 1.6%

Shares of ROP stock opened at $325.09 on Tuesday. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $575.77. The company has a market capitalization of $32.81 billion, a PE ratio of 20.31, a price-to-earnings-growth ratio of 1.50 and a beta of 0.77. The firm has a 50 day moving average price of $338.89 and a two-hundred day moving average price of $369.85. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.52.

Roper Technologies (NASDAQ:ROP) last announced 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 company had revenue of $2.10 billion for the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.Roper Technologies’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter last year, the business posted $4.78 EPS. 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. As a group, analysts predict that Roper Technologies, Inc. will post 21.95 earnings per share for the current year.

Roper Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be issued a dividend of $0.91 per share. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.1%. Roper Technologies’s dividend payout ratio (DPR) is currently 22.74%.

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.