Quantitative Investment Management LLC Sells 3,759 Shares of Roper Technologies, Inc. $ROP

Quantitative Investment Management LLC cut its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 23.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,268 shares of the industrial products company’s stock after selling 3,759 shares during the quarter. Quantitative Investment Management LLC’s holdings in Roper Technologies were worth $4,151,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Triumph Capital Management purchased a new position in Roper Technologies in the 3rd quarter worth $25,000. Private Wealth Management Group LLC boosted its position in Roper Technologies by 195.8% during the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after buying an additional 47 shares during the period. Tucker Asset Management LLC bought a new position in shares of Roper Technologies during the fourth quarter valued at about $33,000. Kelleher Financial Advisors bought a new position in shares of Roper Technologies during the third quarter valued at about $40,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new position in shares of Roper Technologies in the second quarter worth about $27,000. 93.31% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ROP has been the subject of several analyst reports. Piper Sandler dropped their target price on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company 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 objective for the company in a research report on Thursday, August 6th. Royal Bank Of Canada restated a “sector perform” rating and issued a $417.00 target price on shares of Roper Technologies in a report on Tuesday, August 18th. Raymond James Financial downgraded shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. upped their price target on shares of Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a report on Wednesday, July 29th. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $466.94.

Insider Activity

In other news, 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 sale, the executive vice president owned 35,634 shares of the company’s stock, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Richard F. Wallman sold 6,434 shares of the business’s 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 transaction, the director owned 7,423 shares in the company, valued at $2,679,703. This represents a 46.43% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.80% of the company’s stock.

Roper Technologies Stock Performance

ROP opened at $426.20 on Monday. The business has a 50 day simple moving average of $375.96 and a two-hundred day simple moving average of $354.73. The firm has a market capitalization of $42.15 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 1.92 and a beta of 0.74. 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, Inc. has a one year low of $305.96 and a one year high of $532.18.

Roper Technologies (NASDAQ:ROP) last issued 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 firm had revenue of $2.11 billion for 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 quarter in the prior year, the business 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. Analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Announces Dividend

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 $0.91 dividend. The ex-dividend date is Friday, October 2nd. This represents a $3.64 annualized dividend and a yield of 0.9%. Roper Technologies’s dividend payout ratio is 15.08%.

About Roper Technologies

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.