Roper Technologies, Inc. $ROP Shares Acquired by Handelsbanken Fonder AB

Handelsbanken Fonder AB boosted its stake in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 12.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 38,759 shares of the industrial products company’s stock after acquiring an additional 4,160 shares during the quarter. Handelsbanken Fonder AB’s holdings in Roper Technologies were worth $13,116,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of ROP. Brighton Jones LLC acquired a new stake in shares of Roper Technologies in the 4th quarter worth approximately $203,000. Empowered Funds LLC increased its stake in shares of Roper Technologies by 11.7% during the first quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company’s stock valued at $1,832,000 after acquiring an additional 326 shares during the period. Cary Street Partners Financial LLC bought a new stake in Roper Technologies during the second quarter worth approximately $137,000. Nebula Research & Development LLC acquired a new stake in Roper Technologies in the second quarter worth approximately $977,000. Finally, Sei Investments Co. boosted its stake in Roper Technologies by 22.6% during the 2nd quarter. Sei Investments Co. now owns 61,621 shares of the industrial products company’s stock valued at $34,928,000 after purchasing an additional 11,372 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Analysts Set New Price Targets

ROP has been the topic of a number of research reports. Royal Bank Of Canada boosted their price objective on Roper Technologies from $407.00 to $417.00 and gave the stock a “sector perform” rating in a research note on Friday, July 24th. JPMorgan Chase & Co. raised their target price on Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research note on Wednesday, July 29th. Zacks Research lowered Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Mizuho set a $355.00 price target on shares of Roper Technologies in a research report on Tuesday, July 21st. Finally, Piper Sandler reduced their price objective on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Seven investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $466.94.

Read Our Latest Report on Roper Technologies

Insider Activity at Roper Technologies

In other news, 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 completion of the sale, the executive vice president owned 35,634 shares of the company’s stock, valued at $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Richard F. Wallman sold 6,434 shares of Roper Technologies stock in a transaction on 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 owned 7,423 shares in the company, valued at $2,679,703. This represents a 46.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.80% of the company’s stock.

Roper Technologies Price Performance

NASDAQ ROP opened at $397.50 on Friday. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $544.94. The company has a market cap of $39.31 billion, a PE ratio of 16.47, a PEG ratio of 1.78 and a beta of 0.74. The stock’s 50-day moving average price is $359.15 and its two-hundred day moving average price is $351.33.

Roper Technologies (NASDAQ:ROPGet Free Report) last announced its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, topping the consensus estimate of $5.29 by $0.09. The company 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%. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.87 earnings per share. 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, analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Dividend Announcement

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

About Roper Technologies

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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