Tidal Investments LLC Grows Position in Roper Technologies, Inc. $ROP

Tidal Investments LLC boosted its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 39.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,533 shares of the industrial products company’s stock after acquiring an additional 6,098 shares during the period. Tidal Investments LLC’s holdings in Roper Technologies were worth $7,287,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Brown Brothers Harriman & Co. lifted its position in shares of Roper Technologies by 1.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock worth $1,115,000 after purchasing an additional 23 shares during the period. SeaCrest Wealth Management LLC increased its holdings in Roper Technologies by 6.2% during the third quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock valued at $223,000 after buying an additional 25 shares during the period. Gulf International Bank UK Ltd raised its stake in Roper Technologies by 0.5% in the fourth quarter. Gulf International Bank UK Ltd now owns 5,377 shares of the industrial products company’s stock worth $2,393,000 after buying an additional 29 shares in the last quarter. Paragon Capital Management Inc. lifted its holdings in Roper Technologies by 0.9% during the first quarter. Paragon Capital Management Inc. now owns 3,200 shares of the industrial products company’s stock worth $1,132,000 after buying an additional 29 shares during the period. Finally, Frank Rimerman Advisors LLC increased its holdings in shares of Roper Technologies by 3.4% in the 1st quarter. Frank Rimerman Advisors LLC now owns 950 shares of the industrial products company’s stock valued at $336,000 after acquiring an additional 31 shares during the period. Institutional investors own 93.31% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on ROP. Robert W. Baird set a $480.00 price target on shares of Roper Technologies in a report on Friday, July 24th. BMO Capital Markets assumed coverage on Roper Technologies in a research note on Friday, July 10th. They set a “market perform” rating and a $393.00 price target on the stock. Mizuho set a $355.00 target price on shares of Roper Technologies in a research report on Tuesday, July 21st. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $417.00 price target on shares of Roper Technologies in a report on Tuesday, August 18th. Finally, Piper Sandler cut their target price on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Seven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $466.94.

Roper Technologies Trading Down 0.0%

Shares of NASDAQ:ROP opened at $388.52 on Friday. The business’s 50 day moving average price is $388.87 and its 200-day moving average price is $359.96. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $521.28. The firm has a market capitalization of $38.42 billion, a price-to-earnings ratio of 16.09, a price-to-earnings-growth ratio of 1.94 and a beta of 0.75. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings data 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 company had revenue of $2.11 billion during the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The business’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior 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. On average, equities research analysts forecast that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, October 2nd. Roper Technologies’s payout ratio is presently 15.08%.

Insiders Place Their Bets

In related news, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $361.00, for a total value 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 trade represents a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John K. Stipancich sold 2,000 shares of the firm’s stock in a transaction 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 completion of the sale, the executive vice president directly owned 35,634 shares of the company’s stock, valued at $13,507,067.70. This trade 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 owned by corporate insiders.

Roper Technologies Profile

Roper Technologies, Inc (NASDAQ:ROP) is a diversified technology company that develops and operates specialized businesses serving niche markets. Its portfolio primarily consists of software and technology-enabled businesses that provide products and services to commercial, government, healthcare, education, and other professional customers.

The company’s activities include vertical-market software, network and data-management software, and technology-enabled products. Its software businesses support functions such as healthcare operations, education administration, construction and engineering, legal and professional services, and enterprise workflow management.