Meeder Advisory Services Inc. Invests $1.10 Million in Roper Technologies, Inc. $ROP

Meeder Advisory Services Inc. bought a new position in Roper Technologies, Inc. (NASDAQ:ROP) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,243 shares of the industrial products company’s stock, valued at approximately $1,097,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ROP. Citizens Financial Group Inc. RI bought a new stake in Roper Technologies in the 2nd quarter worth $411,000. UNIVEST FINANCIAL Corp bought a new position in shares of Roper Technologies during the second quarter valued at about $407,000. MidFirst Bank bought a new position in shares of Roper Technologies during the second quarter valued at about $354,000. BlackRock Inc. purchased a new stake in shares of Roper Technologies during the second quarter worth about $3,346,912,000. Finally, Deutsche Bank AG bought a new stake in shares of Roper Technologies in the second quarter worth about $125,399,000. 93.31% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Roper Technologies

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction 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 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP John K. Stipancich sold 2,000 shares of the business’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 owned 35,634 shares in the company, valued at approximately $13,507,067.70. This trade represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by corporate insiders.

Roper Technologies Price Performance

ROP stock opened at $407.32 on Thursday. 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 1 year low of $305.96 and a 1 year high of $544.94. The firm has a 50-day moving average of $364.25 and a 200 day moving average of $351.94. The company has a market cap of $40.28 billion, a P/E ratio of 16.87, a PEG ratio of 1.77 and a beta of 0.74.

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, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The business had revenue of $2.11 billion for the quarter. During the same period in the previous year, the firm posted $4.87 earnings per share. The business’s revenue was up 8.5% compared to the same quarter last year. 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 forecast that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ROP. Barclays reduced their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a report on Friday, April 24th. Piper Sandler cut their price objective 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. Mizuho set a $355.00 target price on Roper Technologies in a research note on Tuesday, July 21st. Weiss Ratings upgraded Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 14th. Finally, Zacks Research lowered Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Seven investment 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $466.94.

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.