Penobscot Investment Management Company Inc. Sells 2,326 Shares of Roper Technologies, Inc. $ROP

Penobscot Investment Management Company Inc. decreased its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 70.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 953 shares of the industrial products company’s stock after selling 2,326 shares during the period. Penobscot Investment Management Company Inc.’s holdings in Roper Technologies were worth $337,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Triumph Capital Management bought a new stake in Roper Technologies during the 3rd quarter valued at $25,000. Private Wealth Management Group LLC boosted its holdings 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 acquiring an additional 47 shares during the period. Tucker Asset Management LLC purchased a new position in shares of Roper Technologies in the fourth quarter valued at $33,000. Board of the Pension Protection Fund bought a new stake in shares of Roper Technologies during the 4th quarter valued at $36,000. Finally, Kelleher Financial Advisors bought a new stake in shares of Roper Technologies during the 3rd quarter valued at $40,000. 93.31% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on ROP. Piper Sandler raised their target price on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Barclays decreased their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Robert W. Baird increased their price target on shares of Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Finally, Royal Bank Of Canada upped their target price on shares of Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Roper Technologies currently has an average rating of “Hold” and a consensus target price of $472.07.

Roper Technologies Price Performance

Shares of NASDAQ ROP opened at $354.89 on Thursday. The stock’s 50-day simple moving average is $336.44 and its two-hundred day simple moving average is $361.55. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $571.36. The firm has a market capitalization of $35.82 billion, a P/E ratio of 22.17, a P/E/G ratio of 1.66 and a beta of 0.76. 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 issued its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.97 by $0.19. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The firm had revenue of $2.10 billion during the quarter. During the same quarter last year, the business posted $4.78 EPS. The business’s 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. As a group, equities analysts anticipate that Roper Technologies, Inc. will post 21.95 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders 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 annualized dividend and a yield of 1.0%. Roper Technologies’s payout ratio is presently 22.74%.

Roper Technologies Company 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.