Caisse de depot et placement du Quebec Takes $85.89 Million Position in Roper Technologies, Inc. $ROP

Caisse de depot et placement du Quebec purchased a new position in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 253,826 shares of the industrial products company’s stock, valued at approximately $85,892,000. Caisse de depot et placement du Quebec owned 0.26% of Roper Technologies at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Triumph Capital Management purchased a new stake in shares of Roper Technologies during the third quarter worth about $25,000. Private Wealth Management Group LLC grew its stake in Roper Technologies by 195.8% during the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 47 shares in the last quarter. Tucker Asset Management LLC purchased a new stake in Roper Technologies during the 4th quarter worth approximately $33,000. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Roper Technologies in the 2nd quarter valued at approximately $27,000. Finally, Kelleher Financial Advisors purchased a new position in shares of Roper Technologies during the 3rd quarter valued at approximately $40,000. 93.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ROP has been the topic of several recent analyst reports. Piper Sandler cut their price target on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. Argus raised shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price for the company in a research report on Thursday, August 6th. BMO Capital Markets initiated coverage on shares of Roper Technologies in a research note on Friday, July 10th. They issued a “market perform” rating and a $393.00 target price on the stock. Mizuho set a $355.00 price target on shares of Roper Technologies in a research report on Tuesday, July 21st. Finally, Weiss Ratings upgraded Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 14th. Seven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Roper Technologies has a consensus rating of “Hold” and an average price target of $466.94.

Get Our Latest Research Report on ROP

Roper Technologies Trading Up 2.3%

NASDAQ ROP opened at $422.69 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. The company has a 50-day simple moving average of $374.04 and a 200-day simple moving average of $354.20. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $532.18. The firm has a market capitalization of $41.80 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 1.86 and a beta of 0.74.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating the consensus estimate of $5.29 by $0.09. The company had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period last year, the company posted $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, equities analysts forecast that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Announces Dividend

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 issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd. Roper Technologies’s dividend payout ratio (DPR) is 15.08%.

Insider Activity

In other news, Director Richard F. Wallman sold 6,434 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the completion of the transaction, the director directly owned 7,423 shares in the company, valued at approximately $2,679,703. The trade was 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 the stock in a transaction that occurred 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 transaction, the executive vice president directly 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 SEC filing for this sale provides additional information. Company insiders own 0.80% of the company’s stock.

Roper Technologies Company Profile

(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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