Royal London Asset Management Ltd. lifted its stake in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 26.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 137,724 shares of the industrial products company’s stock after acquiring an additional 29,039 shares during the quarter. Royal London Asset Management Ltd. owned approximately 0.14% of Roper Technologies worth $46,604,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in Roper Technologies in the second quarter valued at about $3,346,912,000. Wellington Management Group LLP bought a new stake in shares of Roper Technologies in the 2nd quarter valued at approximately $890,328,000. Norges Bank acquired a new position in Roper Technologies in the fourth quarter worth approximately $1,112,873,000. Corient Private Wealth LP acquired a new stake in Roper Technologies in the second quarter valued at approximately $80,953,000. Finally, Flossbach Von Storch SE bought a new stake in Roper Technologies in the second quarter worth approximately $448,321,000. Institutional investors and hedge funds own 93.31% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have recently weighed in on ROP shares. Argus upgraded 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. Robert W. Baird set a $480.00 price objective on shares of Roper Technologies in a report on Friday, July 24th. JPMorgan Chase & Co. increased their target price on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 29th. BMO Capital Markets assumed coverage on Roper Technologies in a report on Friday, July 10th. They set a “market perform” rating and a $393.00 target price on the stock. Finally, Piper Sandler reduced their price target 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. Seven 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 company’s stock. According to data from MarketBeat.com, Roper Technologies presently has an average rating of “Hold” and an average price target of $466.94.
Roper Technologies Trading Up 0.8%
NASDAQ:ROP opened at $426.20 on Friday. The company’s 50 day moving average is $375.96 and its 200-day moving average is $354.71. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57. Roper Technologies, Inc. has a 12 month low of $305.96 and a 12 month high of $532.18. The firm has a market cap of $42.15 billion, a price-to-earnings ratio of 17.66, a P/E/G ratio of 1.92 and a beta of 0.74.
Roper Technologies (NASDAQ:ROP – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter. During the same period in the prior year, the company posted $4.87 earnings per share. Roper Technologies’s quarterly 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. Equities analysts anticipate that Roper Technologies, Inc. will post 22.22 EPS for the current year.
Roper Technologies Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, October 2nd. Roper Technologies’s dividend payout ratio is 15.08%.
Insider Activity
In related news, Director Richard F. Wallman sold 6,434 shares of the business’s stock in a transaction dated 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 owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. The trade was a 46.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 shares were 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 directly owned 35,634 shares in the company, valued at $13,507,067.70. This trade represents a 5.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.80% of the company’s stock.
Roper Technologies Company 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.
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