Bull Harbor Capital LLC Invests $690,000 in Roper Technologies, Inc. $ROP

Bull Harbor Capital LLC purchased a new stake in Roper Technologies, Inc. (NASDAQ:ROPFree Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,949 shares of the industrial products company’s stock, valued at approximately $690,000.

A number of other large investors have also recently added to or reduced their stakes in ROP. Vanguard Group Inc. increased its position in shares of Roper Technologies by 12.5% in the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after purchasing an additional 1,384,656 shares during the last quarter. State Street Corp lifted its position in shares of Roper Technologies by 2.1% during the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock worth $2,266,604,000 after purchasing an additional 105,250 shares during the last quarter. Geode Capital Management LLC grew its stake in Roper Technologies by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after purchasing an additional 22,335 shares in the last quarter. Norges Bank bought a new stake in Roper Technologies in the fourth quarter valued at about $1,112,873,000. Finally, Invesco Ltd. increased its holdings in Roper Technologies by 11.0% in the fourth quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock valued at $828,821,000 after buying an additional 184,644 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ROP has been the topic of a number of research analyst reports. Royal Bank Of Canada increased their target price on Roper Technologies from $407.00 to $417.00 and gave the stock a “sector perform” rating in a report on Friday, July 24th. Mizuho set a $355.00 price target on Roper Technologies in a report on Tuesday, July 21st. BMO Capital Markets initiated coverage on Roper Technologies in a research report on Friday, July 10th. They set a “market perform” rating and a $393.00 price target on the stock. Raymond James Financial cut Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Finally, Barclays decreased their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a report on Friday, April 24th. Six research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $468.00.

Get Our Latest Research Report on Roper Technologies

Insider Activity at Roper Technologies

In other news, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 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 directly owned 35,634 shares in the company, valued at $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by company insiders.

Roper Technologies Trading Down 4.6%

Roper Technologies stock opened at $389.25 on Friday. Roper Technologies, Inc. has a 52-week low of $305.96 and a 52-week high of $556.23. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $39.28 billion, a price-to-earnings ratio of 16.12, a PEG ratio of 1.84 and a beta of 0.76. The firm has a 50-day moving average price of $345.41 and a two-hundred day moving average price of $352.63.

Roper Technologies (NASDAQ:ROPGet Free Report) last announced 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 company 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%. Roper Technologies’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Sell-side analysts expect that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were given a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, July 8th. Roper Technologies’s dividend payout ratio (DPR) is currently 15.08%.

Roper Technologies Company 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.

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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