Ieq Capital LLC Makes New $409,000 Investment in Roper Technologies, Inc. $ROP

Ieq Capital LLC purchased a new position in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 1,210 shares of the industrial products company’s stock, valued at approximately $409,000.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in Roper Technologies in the 2nd quarter worth approximately $3,346,912,000. Norges Bank acquired a new position in Roper Technologies during the fourth quarter valued at approximately $1,112,873,000. Flossbach Von Storch SE acquired a new position in Roper Technologies during the second quarter valued at approximately $448,321,000. Arrowstreet Capital Limited Partnership raised its position in shares of Roper Technologies by 206.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,339,710 shares of the industrial products company’s stock valued at $474,070,000 after purchasing an additional 903,223 shares during the period. Finally, OpenArc Corporate Advisory LLC acquired a new stake in shares of Roper Technologies in the fourth quarter worth $367,567,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Insider Activity

In related news, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction dated 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 completion of the sale, the director owned 7,423 shares in the company, valued at $2,679,703. This trade represents a 46.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP John K. Stipancich sold 2,000 shares of Roper Technologies stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $379.05, for a total transaction of $758,100.00. Following the transaction, the executive vice president directly owned 35,634 shares of the company’s stock, valued at $13,507,067.70. This represents a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Weiss Ratings raised shares of Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 14th. Piper Sandler dropped their target price 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. Royal Bank Of Canada reissued a “sector perform” rating and set a $417.00 target price on shares of Roper Technologies in a research report on Tuesday, August 18th. Mizuho set a $355.00 price target on shares of Roper Technologies in a report on Tuesday, July 21st. Finally, BMO Capital Markets began coverage on Roper Technologies in a research report on Friday, July 10th. They issued a “market perform” rating and a $393.00 price target on the stock. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $466.94.

Read Our Latest Stock Report on ROP

Roper Technologies Price Performance

Shares of Roper Technologies stock opened at $426.20 on Friday. The firm has a market cap of $42.15 billion, a P/E ratio of 17.66, a price-to-earnings-growth ratio of 1.92 and a beta of 0.74. 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 twelve month low of $305.96 and a twelve month high of $532.18. The firm’s 50-day simple moving average is $375.96 and its 200-day simple moving average is $354.71.

Roper Technologies (NASDAQ:ROPGet Free Report) last released its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The company had revenue of $2.11 billion for the quarter. During the same quarter in the prior year, the company posted $4.87 earnings per share. The company’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. As a group, research analysts expect that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently disclosed 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. 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 dividend payout ratio (DPR) is presently 15.08%.

Roper Technologies 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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