Northwestern Mutual Wealth Management Co. Invests $2.89 Million in Roper Technologies, Inc. $ROP

Northwestern Mutual Wealth Management Co. bought a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,529 shares of the industrial products company’s stock, valued at approximately $2,886,000.

Other hedge funds have also added to or reduced their stakes in the company. Triumph Capital Management acquired a new position in shares of Roper Technologies during the 3rd quarter worth about $25,000. Private Wealth Management Group LLC boosted its position in Roper Technologies by 195.8% during the first 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 during the last quarter. Tucker Asset Management LLC acquired a new position in Roper Technologies during the fourth quarter valued at approximately $33,000. Edmond DE Rothschild Holding S.A. bought a new position in Roper Technologies in the second quarter valued at approximately $27,000. Finally, Kelleher Financial Advisors acquired a new position in shares of Roper Technologies during the 3rd quarter worth approximately $40,000. Institutional investors own 93.31% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ROP shares. Piper Sandler dropped their price objective on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. Mizuho set a $355.00 target price on shares of Roper Technologies in a report on Tuesday, July 21st. Weiss Ratings raised shares of Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 14th. JPMorgan Chase & Co. increased their price target on shares of Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $417.00 price objective on shares of Roper Technologies in a research report on Tuesday, August 18th. Seven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $466.94.

Insider Activity at Roper Technologies

In related news, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction that occurred 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 represents a 46.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP John K. Stipancich sold 2,000 shares of the firm’s stock in a transaction 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 transaction, the executive vice president owned 35,634 shares in the company, valued at approximately $13,507,067.70. This trade represents a 5.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.80% of the company’s stock.

Roper Technologies Trading Up 0.9%

Shares of Roper Technologies stock opened at $415.51 on Tuesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. The firm has a 50-day moving average of $369.01 and a 200-day moving average of $352.96. Roper Technologies, Inc. has a 52-week low of $305.96 and a 52-week high of $536.57. The stock has a market cap of $41.09 billion, a PE ratio of 17.21, a PEG ratio of 1.85 and a beta of 0.74.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, topping the consensus estimate of $5.29 by $0.09. The business had revenue of $2.11 billion during the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. Roper Technologies’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter last year, the firm 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. As a group, sell-side analysts forecast that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, October 2nd. Roper Technologies’s payout ratio is presently 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.