Ieq Capital LLC Purchases Shares of 1,210 Roper Technologies, Inc. $ROP

Ieq Capital LLC acquired a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,210 shares of the industrial products company’s stock, valued at approximately $409,000.

Several other hedge funds have also modified their holdings of ROP. BlackRock Inc. purchased a new position in Roper Technologies in the 2nd quarter worth about $3,346,912,000. State Street Corp lifted its stake in Roper Technologies by 2.1% during the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock valued at $2,266,604,000 after buying an additional 105,250 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Roper Technologies by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after buying an additional 22,335 shares during the period. Norges Bank acquired a new position in shares of Roper Technologies in the fourth quarter worth about $1,112,873,000. Finally, Invesco Ltd. increased its position in shares of Roper Technologies by 11.0% in the fourth quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock worth $828,821,000 after acquiring an additional 184,644 shares in the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ROP shares. Royal Bank Of Canada restated a “sector perform” rating and issued a $417.00 price target on shares of Roper Technologies in a research report on Tuesday, August 18th. Piper Sandler lowered their price objective on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Zacks Research downgraded shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Raymond James Financial lowered 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 issued a “market perform” rating and a $393.00 target price for the company. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Roper Technologies currently has a consensus rating of “Hold” and a consensus price target of $466.94.

Roper Technologies Stock Up 0.8%

ROP stock opened at $426.20 on Friday. The company has a 50 day moving average of $375.96 and a two-hundred day moving average of $354.71. 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, Inc. has a 12-month low of $305.96 and a 12-month high of $532.18. The company has a market cap of $42.15 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 1.92 and a beta of 0.74.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, topping analysts’ consensus estimates 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 period last year, the company posted $4.87 earnings per share. The company’s revenue 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. On average, equities analysts anticipate that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

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

Insider Transactions 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 value of $2,322,674.00. Following the transaction, the director owned 7,423 shares in the company, valued at approximately $2,679,703. This 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 the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $379.05, for a total transaction of $758,100.00. Following the transaction, the executive vice president directly owned 35,634 shares in the company, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by company insiders.

Roper Technologies 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.