Mattern Capital Management LLC Has $8.24 Million Holdings in Roper Technologies, Inc. $ROP

Mattern Capital Management LLC raised its stake in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 36.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 18,516 shares of the industrial products company’s stock after acquiring an additional 4,966 shares during the period. Mattern Capital Management LLC’s holdings in Roper Technologies were worth $8,242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Johnson Investment Counsel Inc. boosted its holdings in Roper Technologies by 2.8% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 162,291 shares of the industrial products company’s stock valued at $80,933,000 after purchasing an additional 4,479 shares during the period. Stephens Inc. AR lifted its holdings in shares of Roper Technologies by 36.5% during the 3rd quarter. Stephens Inc. AR now owns 14,117 shares of the industrial products company’s stock worth $7,040,000 after acquiring an additional 3,773 shares during the period. ING Groep NV lifted its holdings in shares of Roper Technologies by 175.7% during the 3rd quarter. ING Groep NV now owns 118,749 shares of the industrial products company’s stock worth $59,219,000 after acquiring an additional 75,675 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Roper Technologies by 2.2% during the 3rd quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company’s stock worth $1,273,387,000 after acquiring an additional 54,221 shares during the period. Finally, CIBC Bancorp USA Inc. bought a new position in shares of Roper Technologies during the 3rd quarter worth about $10,053,000. 93.31% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the stock in a transaction dated Friday, February 6th. The stock was bought at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the transaction, the director directly owned 1,400 shares in the company, valued at $501,844. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.80% of the company’s stock.

Roper Technologies News Roundup

Here are the key news stories impacting Roper Technologies this week:

  • Positive Sentiment: Roper beat Q1 estimates and raised guidance: Q1 revenue $2.10B (+11%) and EPS $5.16 (beat), and management raised FY 2026 adjusted DEPS to $21.80–22.05 and Q2 DEPS to $5.25–5.30 — a clear catalyst for demand. GlobeNewsWire: Q1 Results
  • Positive Sentiment: Heavy capital return: Roper repurchased ~6.0M shares YTD (~$2.2B) and the Board authorized an additional $3.0B buyback — boosts EPS outlook and supports share price. Quiver: Buyback & Results
  • Positive Sentiment: Analyst upgrade: Robert W. Baird raised its price target to $470 and kept an Outperform rating, signaling ~30% upside vs. current levels and supporting demand from growth-focused investors. Benzinga: Baird PT Raise
  • Neutral Sentiment: AI tailwind narrative: Management cited AI-driven demand in vertical software as a growth driver — positive for medium-term secular growth but contingent on execution and commercialization. Reuters: AI Demand
  • Negative Sentiment: Short interest jumped ~15% in April to ~3.84M shares (3.8% of float; ~3.5 days to cover) — higher shorting can amplify downside moves and increase volatility. Short Interest Report
  • Negative Sentiment: Margin and non-operating noise: Q1 showed higher SG&A and interest expense and a $(167M) equity investment loss that pressured adjusted metrics and adds near-term earnings variability. Quiver: Financial Details
  • Negative Sentiment: Mixed market signals: Institutional and analyst positioning is varied (multiple differing price targets and rating mix), and insiders have had more sales than buys recently — possible drivers of profit-taking. Institutional/Insider Activity

Roper Technologies Trading Down 2.8%

ROP opened at $353.40 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.48 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $36.18 billion, a PE ratio of 22.07, a PEG ratio of 1.74 and a beta of 0.89. Roper Technologies, Inc. has a 1-year low of $313.07 and a 1-year high of $584.03. The firm has a 50-day moving average price of $351.42 and a two-hundred day moving average price of $407.35.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.97 by $0.19. The firm had revenue of $2.10 billion during the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The company’s revenue was up 11.3% compared to the same quarter last year. During the same quarter in the previous 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, equities analysts anticipate that Roper Technologies, Inc. will post 20.91 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Monday, April 6th were given a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.0%. The ex-dividend date was Monday, April 6th. Roper Technologies’s dividend payout ratio (DPR) is presently 22.74%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on ROP shares. Stifel Nicolaus reaffirmed a “hold” rating and set a $385.00 price objective (down from $550.00) on shares of Roper Technologies in a report on Tuesday, January 27th. JPMorgan Chase & Co. reduced their price objective on shares of Roper Technologies from $457.00 to $397.00 and set an “underweight” rating for the company in a report on Wednesday, January 28th. Piper Sandler raised their price objective on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday. Melius Research downgraded shares of Roper Technologies from a “buy” rating to a “hold” rating and set a $479.00 price objective for the company. in a report on Tuesday, January 27th. Finally, Citigroup reduced their price objective on shares of Roper Technologies from $575.00 to $450.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $472.07.

View Our Latest Research Report on Roper Technologies

About Roper Technologies

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NASDAQ:ROPFree Report).

Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.