Clear Harbor Asset Management LLC Makes New Investment in Roper Technologies, Inc. $ROP

Clear Harbor Asset Management LLC purchased a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 177,777 shares of the industrial products company’s stock, valued at approximately $60,158,000. Roper Technologies comprises 3.7% of Clear Harbor Asset Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Clear Harbor Asset Management LLC owned 0.18% of Roper Technologies at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Private Wealth Management Group LLC raised its stake in shares of Roper Technologies by 195.8% in the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 47 shares during the last quarter. Triumph Capital Management purchased a new stake in Roper Technologies in the third quarter valued at approximately $25,000. Edmond DE Rothschild Holding S.A. acquired a new position in Roper Technologies in the 2nd quarter worth approximately $27,000. Tucker Asset Management LLC acquired a new position in Roper Technologies in the 4th quarter worth approximately $33,000. Finally, Global Assets Advisory LLC purchased a new position in Roper Technologies during the 1st quarter worth approximately $36,000. 93.31% of the stock is owned by institutional investors and hedge funds.

Roper Technologies Stock Performance

Shares of NASDAQ ROP opened at $411.79 on Friday. The company has a market capitalization of $40.73 billion, a PE ratio of 17.06, a price-to-earnings-growth ratio of 1.85 and a beta of 0.74. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. The company’s fifty day moving average price is $367.34 and its 200 day moving average price is $352.63. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $538.21.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating analysts’ consensus estimates of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The company had revenue of $2.11 billion during the quarter. During the same period in the previous year, the firm posted $4.87 EPS. The firm’s quarterly revenue was up 8.5% on a year-over-year basis. 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. On average, research analysts predict that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a $0.91 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. Roper Technologies’s dividend payout ratio is presently 15.08%.

Wall Street Analysts Forecast Growth

Several analysts have commented on ROP shares. Raymond James Financial cut shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Royal Bank Of Canada reissued a “sector perform” rating and set a $417.00 target price on shares of Roper Technologies in a report on Tuesday, August 18th. JPMorgan Chase & Co. boosted their target price on shares of Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research report on Wednesday, July 29th. Piper Sandler lowered their price target on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. Finally, Robert W. Baird set a $480.00 price target on Roper Technologies in a research report on Friday, July 24th. Seven analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $466.94.

Insider Buying and Selling

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

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.