Rakuten Investment Management Inc. acquired a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 24,429 shares of the industrial products company’s stock, valued at approximately $8,179,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC bought a new position in Roper Technologies during the fourth quarter valued at $203,000. Empowered Funds LLC increased its holdings in shares of Roper Technologies by 11.7% in the 1st quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company’s stock worth $1,832,000 after buying an additional 326 shares during the last quarter. Cary Street Partners Financial LLC purchased a new stake in shares of Roper Technologies during the 2nd quarter valued at about $137,000. Nebula Research & Development LLC purchased a new stake in shares of Roper Technologies during the 2nd quarter valued at about $977,000. Finally, Sei Investments Co. lifted its holdings in shares of Roper Technologies by 22.6% in the 2nd quarter. Sei Investments Co. now owns 61,621 shares of the industrial products company’s stock valued at $34,928,000 after acquiring an additional 11,372 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In related news, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were 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 represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction dated 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 transaction, the director owned 7,423 shares in the company, valued at approximately $2,679,703. The trade was a 46.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Check Out Our Latest Stock Report on ROP
Roper Technologies Stock Performance
Shares of NASDAQ:ROP opened at $426.20 on Friday. The firm has a market cap of $42.15 billion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 1.92 and a beta of 0.74. The firm’s 50 day simple moving average is $375.96 and its 200-day simple moving average is $354.71. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $532.18. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55.
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The firm had revenue of $2.11 billion during the quarter. During the same quarter in the previous year, the firm posted $4.87 EPS. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. 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, equities analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current year.
Roper Technologies Dividend Announcement
The company also recently announced 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. 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 dividend payout ratio is currently 15.08%.
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.
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