Roper Technologies, Inc. $ROP Shares Purchased by Morningstar Investment Management LLC

Morningstar Investment Management LLC boosted its stake in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 49.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,615 shares of the industrial products company’s stock after buying an additional 4,159 shares during the quarter. Morningstar Investment Management LLC’s holdings in Roper Technologies were worth $4,464,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Triumph Capital Management purchased a new stake in Roper Technologies during the 3rd quarter worth approximately $25,000. Private Wealth Management Group LLC raised its holdings in shares of Roper Technologies by 195.8% during the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 47 shares during the last quarter. Tucker Asset Management LLC purchased a new position in shares of Roper Technologies in the fourth quarter valued at approximately $33,000. Kelleher Financial Advisors acquired a new stake in shares of Roper Technologies in the third quarter worth approximately $40,000. Finally, MV Capital Management Inc. acquired a new stake in shares of Roper Technologies in the fourth quarter worth approximately $41,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies News Summary

Here are the key news stories impacting Roper Technologies this week:

Roper Technologies Stock Performance

NASDAQ ROP opened at $367.34 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.49 and a current ratio of 0.55. The stock’s fifty day moving average is $340.29 and its two-hundred day moving average is $354.44. The firm has a market capitalization of $37.07 billion, a P/E ratio of 15.22, a price-to-earnings-growth ratio of 1.60 and a beta of 0.76. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $564.68.

Roper Technologies (NASDAQ:ROPGet Free Report) last issued its 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 return on equity of 11.36% and a net margin of 30.24%.The business had revenue of $2.11 billion during the quarter. During the same period last year, the business earned $4.87 earnings per share. The firm’s revenue was up 8.5% compared to the same quarter last year. 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, research analysts anticipate that Roper Technologies, Inc. will post 22.23 earnings per share for the current year.

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 1.0%. The ex-dividend date was Wednesday, July 8th. Roper Technologies’s dividend payout ratio (DPR) is presently 22.74%.

Wall Street Analyst Weigh In

Several research analysts recently commented on ROP shares. Weiss Ratings reissued a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. BMO Capital Markets started coverage on shares of Roper Technologies in a report on Friday, July 10th. They set a “market perform” rating and a $393.00 target price for the company. Mizuho set a $355.00 target price on shares of Roper Technologies in a research report on Tuesday. Zacks Research downgraded shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Finally, Piper Sandler lowered their price target on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research report on Friday. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $466.88.

Check Out Our Latest Report on Roper Technologies

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.

Recommended Stories

Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NASDAQ:ROPFree Report).

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

Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.