Empowered Funds LLC Invests $13.17 Million in Roper Technologies, Inc. $ROP

Empowered Funds LLC bought a new position in Roper Technologies, Inc. (NASDAQ:ROP) during the second quarter, HoldingsChannel reports. The firm bought 38,928 shares of the industrial products company’s stock, valued at approximately $13,173,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ROP. Brighton Jones LLC bought a new position in shares of Roper Technologies in the fourth quarter valued at $203,000. Cary Street Partners Financial LLC bought a new stake in shares of Roper Technologies during the second quarter worth about $137,000. Nebula Research & Development LLC bought a new stake in shares of Roper Technologies during the second quarter worth about $977,000. Sei Investments Co. lifted its position in Roper Technologies by 22.6% in the 2nd quarter. Sei Investments Co. now owns 61,621 shares of the industrial products company’s stock valued at $34,928,000 after acquiring an additional 11,372 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its stake in Roper Technologies by 798.8% during the 2nd quarter. Squarepoint Ops LLC now owns 25,876 shares of the industrial products company’s stock valued at $14,668,000 after purchasing an additional 22,997 shares during the last quarter. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Price Performance

Roper Technologies stock opened at $426.20 on Friday. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $532.18. The company’s 50 day moving average price is $375.96 and its two-hundred day moving average price is $354.71. The stock has a market cap of $42.15 billion, a P/E ratio of 17.66, a P/E/G ratio of 1.90 and a beta of 0.74. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.29 by $0.09. The company had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The business’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the company earned $4.87 earnings per share. 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, equities 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 announced a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. Roper Technologies’s dividend payout ratio (DPR) is currently 15.08%.

Wall Street Analyst Weigh In

Several analysts have recently commented on ROP shares. JPMorgan Chase & Co. increased their price objective on Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 29th. Argus raised Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price on the stock in a research report on Thursday, August 6th. Robert W. Baird set a $480.00 price target on Roper Technologies in a research report on Friday, July 24th. Raymond James Financial cut Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Finally, Zacks Research downgraded shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $466.94.

Insiders Place Their Bets

In related news, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the completion of the sale, the director owned 7,423 shares in the company, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP John K. Stipancich sold 2,000 shares of Roper Technologies 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 in the company, valued at approximately $13,507,067.70. This represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.80% of the company’s stock.

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.