Canada Pension Plan Investment Board Purchases Shares of 1,931 Roper Technologies, Inc. $ROP

Canada Pension Plan Investment Board purchased a new stake in Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,931 shares of the industrial products company’s stock, valued at approximately $653,000.

Several other large investors also recently made changes to their positions in the stock. Camrose Capital Investment Partners LLP acquired a new position in Roper Technologies in the 2nd quarter worth $42,895,000. Legal & General Group Plc acquired a new stake in shares of Roper Technologies in the 2nd quarter valued at about $207,758,000. The Manufacturers Life Insurance Company bought a new stake in shares of Roper Technologies in the second quarter valued at about $206,110,000. Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of Roper Technologies during the second quarter worth about $9,217,000. Finally, Van Hulzen Asset Management LLC bought a new position in shares of Roper Technologies during the second quarter worth about $7,859,000. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Price Performance

NASDAQ:ROP opened at $418.31 on Wednesday. Roper Technologies, Inc. has a 52-week low of $305.96 and a 52-week high of $530.00. The company has a market cap of $41.37 billion, a P/E ratio of 17.33, a P/E/G ratio of 1.91 and a beta of 0.75. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. The stock’s 50-day simple moving average is $379.73 and its 200 day simple moving average is $355.86.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating the consensus estimate of $5.29 by $0.09. The firm 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%.The business’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period last year, the company posted $4.87 earnings per share. 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, sell-side analysts forecast 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. Stockholders of record on Friday, October 2nd will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd. Roper Technologies’s dividend payout ratio is presently 15.08%.

Analyst Ratings Changes

ROP has been the topic of several research reports. Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Argus raised shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target for the company in a research note on Thursday, August 6th. Piper Sandler lowered their price objective 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. BMO Capital Markets began coverage on shares of Roper Technologies in a research report on Friday, July 10th. They issued a “market perform” rating and a $393.00 price objective on the stock. Finally, 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 report on Wednesday, July 29th. Seven 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 data from MarketBeat, the company has an average rating of “Hold” and an average target price of $466.94.

Insider Activity at Roper Technologies

In other Roper Technologies news, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $379.05, for a total transaction of $758,100.00. Following the sale, the executive vice president directly owned 35,634 shares of the company’s stock, valued at approximately $13,507,067.70. This represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction on 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 of the company’s stock, valued at approximately $2,679,703. This represents a 46.43% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.80% of the company’s stock.

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.