609,090 Shares in Roper Technologies, Inc. $ROP Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company purchased a new stake 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 purchased 609,090 shares of the industrial products company’s stock, valued at approximately $206,110,000.

A number of other large investors have also added to or reduced their stakes in ROP. Vanguard Group Inc. raised its holdings in shares of Roper Technologies by 12.5% in the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after purchasing an additional 1,384,656 shares during the period. BlackRock Inc. purchased a new stake in Roper Technologies in the second quarter worth $3,346,912,000. State Street Corp increased its position in Roper Technologies by 2.1% in the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock worth $2,266,604,000 after buying an additional 105,250 shares during the last quarter. Geode Capital Management LLC raised its stake 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 valued at $1,172,099,000 after buying an additional 22,335 shares during the period. Finally, Norges Bank purchased a new position in shares of Roper Technologies during the 4th quarter valued at $1,112,873,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Price Performance

ROP stock opened at $415.51 on Tuesday. The firm has a 50 day moving average of $369.01 and a 200-day moving average of $352.96. The firm has a market capitalization of $41.09 billion, a P/E ratio of 17.21, a price-to-earnings-growth ratio of 1.85 and a beta of 0.74. Roper Technologies, Inc. has a 12 month low of $305.96 and a 12 month high of $536.57. 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 (NASDAQ:ROP) last posted its 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 EPS. The business’s revenue 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. As a group, sell-side analysts predict 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 issued a $0.91 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. Roper Technologies’s dividend payout ratio is presently 15.08%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. BMO Capital Markets started coverage on Roper Technologies in a research note on Friday, July 10th. They set a “market perform” rating and a $393.00 price target for the company. Raymond James Financial downgraded shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd. Zacks Research lowered shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. JPMorgan Chase & Co. lifted 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. Finally, Mizuho set a $355.00 price target on shares of Roper Technologies in a research report on Tuesday, July 21st. Seven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $466.94.

Insiders Place Their Bets

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 value of $2,322,674.00. Following the sale, the director owned 7,423 shares in the company, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP John K. Stipancich sold 2,000 shares of Roper Technologies stock in a transaction on Monday, July 27th. The shares were sold at an average price of $379.05, for a total value of $758,100.00. Following the sale, the executive vice president directly owned 35,634 shares of the company’s stock, valued at $13,507,067.70. This represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.80% of the company’s stock.

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.