Clear Harbor Asset Management LLC Invests $60.16 Million in Roper Technologies, Inc. $ROP

Clear Harbor Asset Management LLC purchased a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 177,777 shares of the industrial products company’s stock, valued at approximately $60,158,000. Roper Technologies accounts for about 3.7% of Clear Harbor Asset Management LLC’s investment portfolio, making the stock its 3rd largest position.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Roper Technologies by 12.5% during the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after buying an additional 1,384,656 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Roper Technologies in the second quarter valued at approximately $3,346,912,000. State Street Corp lifted its position in shares of Roper Technologies by 2.1% in the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock valued at $2,266,604,000 after acquiring an additional 105,250 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Roper Technologies by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after acquiring an additional 22,335 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Roper Technologies during the fourth quarter worth approximately $1,112,873,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on the company. Raymond James Financial downgraded Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Robert W. Baird set a $480.00 target price on shares of Roper Technologies in a report on Friday, July 24th. Mizuho set a $355.00 target price on shares of Roper Technologies in a research report on Tuesday, July 21st. Argus raised shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target on the stock in a research note on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 14th. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $466.94.

Roper Technologies Stock Performance

NASDAQ:ROP opened at $411.79 on Friday. The company’s 50-day moving average is $367.34 and its two-hundred day moving average is $352.63. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $538.21. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51. The firm has a market capitalization of $40.73 billion, a price-to-earnings ratio of 17.06, a PEG ratio of 1.85 and a beta of 0.74.

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

Roper Technologies Announces Dividend

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

Insiders Place Their Bets

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

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.