Tidal Investments LLC Acquires 6,098 Shares of Roper Technologies, Inc. $ROP

Tidal Investments LLC raised its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 39.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,533 shares of the industrial products company’s stock after buying an additional 6,098 shares during the period. Tidal Investments LLC’s holdings in Roper Technologies were worth $7,287,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ROP. Brown Brothers Harriman & Co. increased its stake in shares of Roper Technologies by 1.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock worth $1,115,000 after purchasing an additional 23 shares in the last quarter. SeaCrest Wealth Management LLC lifted its position in Roper Technologies by 6.2% during the third quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock valued at $223,000 after purchasing an additional 25 shares in the last quarter. Gulf International Bank UK Ltd lifted its position in Roper Technologies by 0.5% during the fourth quarter. Gulf International Bank UK Ltd now owns 5,377 shares of the industrial products company’s stock valued at $2,393,000 after purchasing an additional 29 shares in the last quarter. Paragon Capital Management Inc. grew its holdings in Roper Technologies by 0.9% during the first quarter. Paragon Capital Management Inc. now owns 3,200 shares of the industrial products company’s stock valued at $1,132,000 after purchasing an additional 29 shares during the period. Finally, Frank Rimerman Advisors LLC increased its position in Roper Technologies by 3.4% in the first quarter. Frank Rimerman Advisors LLC now owns 950 shares of the industrial products company’s stock worth $336,000 after buying an additional 31 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Performance

NASDAQ ROP opened at $388.52 on Friday. The business has a 50 day simple moving average of $388.87 and a two-hundred day simple moving average of $359.96. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $521.28. The stock has a market capitalization of $38.42 billion, a PE ratio of 16.09, a P/E/G ratio of 1.94 and a beta of 0.75. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The business had revenue of $2.11 billion for the quarter. During the same quarter last year, the company earned $4.87 earnings per share. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. 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, research analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a dividend of $0.91 per share. The ex-dividend date is Friday, October 2nd. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. Roper Technologies’s payout ratio is presently 15.08%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Piper Sandler reduced their target price on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a report on Friday, July 24th. JPMorgan Chase & Co. raised their target price on shares of 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 shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target on the stock in a report on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 14th. Seven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $466.94.

Insiders Place Their Bets

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $361.00, for a total value of $2,322,674.00. Following the transaction, the director directly owned 7,423 shares in the company, valued at $2,679,703. This represents a 46.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of the firm’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 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. This trade represents a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.80% of the stock is currently owned by insiders.

About Roper Technologies

Roper Technologies, Inc (NASDAQ:ROP) is a diversified technology company that develops and operates specialized businesses serving niche markets. Its portfolio primarily consists of software and technology-enabled businesses that provide products and services to commercial, government, healthcare, education, and other professional customers.

The company’s activities include vertical-market software, network and data-management software, and technology-enabled products. Its software businesses support functions such as healthcare operations, education administration, construction and engineering, legal and professional services, and enterprise workflow management.