Greenleaf Trust raised its position in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 3.4% during the second quarter, Holdings Channel.com reports. The firm owned 41,019 shares of the industrial products company’s stock after buying an additional 1,338 shares during the period. Greenleaf Trust’s holdings in Roper Technologies were worth $13,880,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in ROP. Brighton Jones LLC purchased a new position in Roper Technologies in the fourth quarter valued at about $203,000. Empowered Funds LLC raised its stake in shares of Roper Technologies by 11.7% in the 1st quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company’s stock valued at $1,832,000 after purchasing an additional 326 shares in the last quarter. Cary Street Partners Financial LLC acquired a new position in Roper Technologies in the second quarter worth $137,000. Nebula Research & Development LLC acquired a new position in Roper Technologies in the second quarter valued at approximately $977,000. Finally, Sei Investments Co. boosted its holdings in shares of Roper Technologies by 22.6% during the second quarter. Sei Investments Co. now owns 61,621 shares of the industrial products company’s stock valued at $34,928,000 after acquiring an additional 11,372 shares during the period. Hedge funds and other institutional investors own 93.31% of the company’s stock.
Analyst Ratings Changes
Several research analysts have issued reports on ROP shares. Robert W. Baird set a $480.00 price target on Roper Technologies in a report on Friday, July 24th. Weiss Ratings raised shares of Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 14th. Piper Sandler decreased their price target on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. Argus upgraded Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price for the company in a report on Thursday, August 6th. Finally, Raymond James Financial lowered shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday, July 22nd. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $466.94.
Insider Activity at Roper Technologies
In related news, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $361.00, for a total value of $2,322,674.00. Following the completion of the transaction, the director directly owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John K. Stipancich sold 2,000 shares of the business’s 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 transaction, the executive vice president directly owned 35,634 shares in the company, valued at $13,507,067.70. The trade was a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.80% of the company’s stock.
Roper Technologies Stock Performance
Shares of Roper Technologies stock opened at $426.20 on Friday. The stock’s fifty day simple moving average is $375.96 and its 200 day simple moving average is $354.71. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $42.15 billion, a PE ratio of 17.66, a PEG ratio of 1.92 and a beta of 0.74. Roper Technologies, Inc. has a 12 month low of $305.96 and a 12 month high of $532.18.
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating analysts’ consensus estimates of $5.29 by $0.09. The firm had revenue of $2.11 billion for the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.87 EPS. 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 predict that Roper Technologies, Inc. will post 22.22 EPS for the current year.
Roper Technologies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be given a $0.91 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. Roper Technologies’s payout ratio is currently 15.08%.
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.
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