26,600 Shares in Roper Technologies, Inc. $ROP Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Roper Technologies, Inc. (NASDAQ:ROP) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 26,600 shares of the industrial products company’s stock, valued at approximately $9,001,000.

A number of other hedge funds have also recently made changes to their positions in ROP. California State Teachers Retirement System grew its holdings in shares of Roper Technologies by 31,706.7% during the second quarter. California State Teachers Retirement System now owns 56,111,830 shares of the industrial products company’s stock worth $18,987,682,000 after purchasing an additional 55,935,415 shares during the last quarter. Benjamin Edwards Inc. raised its holdings in Roper Technologies by 13.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 2,174 shares of the industrial products company’s stock valued at $736,000 after buying an additional 265 shares during the last quarter. GTS Securities LLC raised its holdings in Roper Technologies by 41.9% in the 2nd quarter. GTS Securities LLC now owns 1,237 shares of the industrial products company’s stock valued at $419,000 after buying an additional 365 shares during the last quarter. Alyeska Investment Group L.P. acquired a new stake in Roper Technologies during the 2nd quarter worth approximately $68,276,000. Finally, Greenleaf Trust grew its holdings in Roper Technologies by 3.4% during the 2nd quarter. Greenleaf Trust now owns 41,019 shares of the industrial products company’s stock worth $13,880,000 after acquiring an additional 1,338 shares during the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. 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. Robert W. Baird set a $480.00 price objective on shares of Roper Technologies in a research note on Friday, July 24th. Raymond James Financial downgraded Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd. Piper Sandler lowered their target price on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Finally, Argus raised Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price on the stock in a report on Thursday, August 6th. Seven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $466.94.

Roper Technologies Stock Performance

NASDAQ:ROP opened at $395.65 on Wednesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $524.90. The company has a 50 day simple moving average of $387.19 and a two-hundred day simple moving average of $358.97. The company has a market capitalization of $39.13 billion, a PE ratio of 16.39, a P/E/G ratio of 2.04 and a beta of 0.75.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) 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 firm had revenue of $2.11 billion for the quarter. During the same quarter last year, the firm posted $4.87 EPS. The firm’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. Research analysts anticipate that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Dividend Announcement

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

Insiders Place Their Bets

In other Roper Technologies news, Director Richard Wallman sold 6,434 shares of the company’s stock in a transaction on Friday, July 24th. The shares were 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 approximately $2,679,703. This represents a 46.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP John Stipancich sold 2,000 shares of Roper Technologies stock in a transaction dated 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 transaction, the executive vice president directly owned 35,634 shares of the company’s stock, valued at approximately $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate 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.