Public Employees Retirement System of Ohio purchased a new position in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 31,673 shares of the industrial products company’s stock, valued at approximately $10,718,000.
Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Roper Technologies during the 2nd quarter valued at approximately $3,346,912,000. Norges Bank bought a new stake in shares of Roper Technologies during the fourth quarter valued at approximately $1,112,873,000. Corient Private Wealth LP bought a new position in Roper Technologies in the second quarter worth $80,953,000. Flossbach Von Storch SE purchased a new position in Roper Technologies during the second quarter valued at $448,321,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Roper Technologies by 206.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,339,710 shares of the industrial products company’s stock valued at $474,070,000 after buying an additional 903,223 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors.
Insider Transactions at Roper Technologies
In other news, EVP John K. Stipancich sold 2,000 shares of the 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 transaction, the executive vice president owned 35,634 shares in the company, valued at $13,507,067.70. This represents a 5.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Richard F. Wallman sold 6,434 shares of the firm’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 position. The SEC filing for this sale provides additional information. Insiders own 0.80% of the company’s stock.
Roper Technologies Trading Down 0.4%
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, topping analysts’ consensus estimates of $5.29 by $0.09. The business 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%.Roper Technologies’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period last 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, sell-side analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current year.
Roper Technologies Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be issued 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 yield of 0.9%. Roper Technologies’s dividend payout ratio is currently 15.08%.
Wall Street Analysts Forecast Growth
ROP has been the topic of several research reports. Piper Sandler dropped their price objective on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. Robert W. Baird set a $480.00 target price on shares of Roper Technologies in a report on Friday, July 24th. Argus upgraded Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target on the stock in a research note on Thursday, August 6th. Mizuho set a $355.00 price objective on Roper Technologies in a research note on Tuesday, July 21st. Finally, JPMorgan Chase & Co. increased their target price on Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 29th. Seven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $466.94.
View Our Latest Stock Report on ROP
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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