Equitable Holdings Inc. Purchases Shares of 2,145 Roper Technologies, Inc. $ROP

Equitable Holdings Inc. acquired a new position in Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 2,145 shares of the industrial products company’s stock, valued at approximately $726,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ROP. Empire Life Investments Inc. boosted its holdings in shares of Roper Technologies by 38.5% during the 4th quarter. Empire Life Investments Inc. now owns 45,517 shares of the industrial products company’s stock worth $20,261,000 after buying an additional 12,645 shares in the last quarter. Horizon Investments LLC increased its stake in shares of Roper Technologies by 94.7% in the 4th quarter. Horizon Investments LLC now owns 9,519 shares of the industrial products company’s stock valued at $4,229,000 after acquiring an additional 4,629 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Roper Technologies by 31.6% during the 4th quarter. BNP Paribas Financial Markets now owns 444,950 shares of the industrial products company’s stock valued at $198,061,000 after acquiring an additional 106,902 shares during the period. Barclays PLC boosted its stake in Roper Technologies by 13.3% during the fourth quarter. Barclays PLC now owns 454,806 shares of the industrial products company’s stock worth $202,448,000 after acquiring an additional 53,359 shares in the last quarter. Finally, North Star Asset Management Inc. boosted its stake in Roper Technologies by 14.0% during the fourth quarter. North Star Asset Management Inc. now owns 36,317 shares of the industrial products company’s stock worth $16,166,000 after acquiring an additional 4,462 shares in the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of Roper Technologies stock in a transaction that occurred on 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 transaction, the director owned 7,423 shares of the company’s stock, valued at $2,679,703. This trade represents a 46.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John K. Stipancich sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $379.05, for a total value of $758,100.00. Following the completion of the transaction, the executive vice president owned 35,634 shares in the company, valued at $13,507,067.70. The trade was a 5.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. increased their price objective on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 29th. Argus raised Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price for the company in a research report on Thursday, August 6th. Weiss Ratings raised Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 14th. BMO Capital Markets initiated coverage on Roper Technologies in a report on Friday, July 10th. They issued a “market perform” rating and a $393.00 price target on the stock. Finally, Raymond James Financial cut Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $466.94.

Roper Technologies Stock Performance

Shares of ROP opened at $426.20 on Friday. The firm has a market capitalization of $42.15 billion, a P/E ratio of 17.66, a P/E/G ratio of 1.92 and a beta of 0.74. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $532.18. The stock has a 50 day moving average price of $375.96 and a two-hundred day moving average price of $354.71. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55.

Roper Technologies (NASDAQ:ROP) last posted its earnings results 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. The company had revenue of $2.11 billion for the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. 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. Equities analysts forecast that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

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

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.