SFE Investment Counsel purchased a new stake in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,748 shares of the industrial products company’s stock, valued at approximately $1,945,000.
Several other large investors have also recently bought and sold shares of the business. Triumph Capital Management purchased a new stake in shares of Roper Technologies during the 3rd quarter worth $25,000. Private Wealth Management Group LLC increased its holdings in shares of Roper Technologies by 195.8% in the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 47 shares in the last quarter. Tucker Asset Management LLC acquired a new stake in shares of Roper Technologies in the fourth quarter valued at about $33,000. Global Assets Advisory LLC purchased a new stake in Roper Technologies during the first quarter worth about $36,000. Finally, Kelleher Financial Advisors purchased a new stake in Roper Technologies during the third quarter worth about $40,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a report on Wednesday, July 29th. Royal Bank Of Canada upped their price target on Roper Technologies from $407.00 to $417.00 and gave the stock a “sector perform” rating in a report on Friday, July 24th. Mizuho set a $355.00 price objective on Roper Technologies in a research note on Tuesday, July 21st. Raymond James Financial cut Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd. Finally, BMO Capital Markets initiated coverage on Roper Technologies in a research report on Friday, July 10th. They set a “market perform” rating and a $393.00 target price on the stock. Seven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Roper Technologies currently has a consensus rating of “Hold” and a consensus target price of $466.94.
Insider Buying and Selling at Roper Technologies
In related news, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction 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 sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 value of $758,100.00. Following the sale, the executive vice president owned 35,634 shares of the company’s stock, valued at approximately $13,507,067.70. This represents a 5.31% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.80% of the company’s stock.
Roper Technologies Stock Performance
Shares of ROP opened at $399.34 on Friday. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $544.94. The stock has a market cap of $39.49 billion, a P/E ratio of 16.54, a PEG ratio of 1.80 and a beta of 0.74. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. The company has a 50-day moving average of $360.49 and a two-hundred day moving average of $351.66.
Roper Technologies (NASDAQ:ROP – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The business had revenue of $2.11 billion for the quarter. During the same quarter in the prior year, the company earned $4.87 earnings per share. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. 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. As a group, research analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.
Roper Technologies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, October 2nd. Roper Technologies’s dividend payout ratio 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.
Read More
- Five stocks we like better than Roper Technologies
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
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:ROP – Free Report).
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.
