Royal London Asset Management Ltd. Buys 29,039 Shares of Roper Technologies, Inc. $ROP

Royal London Asset Management Ltd. grew its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 26.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,724 shares of the industrial products company’s stock after purchasing an additional 29,039 shares during the period. Royal London Asset Management Ltd.’s holdings in Roper Technologies were worth $46,604,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Empire Life Investments Inc. grew its position in Roper Technologies by 38.5% during the fourth quarter. Empire Life Investments Inc. now owns 45,517 shares of the industrial products company’s stock worth $20,261,000 after buying an additional 12,645 shares in the last quarter. Horizon Investments LLC raised its holdings in Roper Technologies by 94.7% in the 4th quarter. Horizon Investments LLC now owns 9,519 shares of the industrial products company’s stock valued at $4,229,000 after acquiring an additional 4,629 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Roper Technologies by 31.6% in the 4th quarter. BNP Paribas Financial Markets now owns 444,950 shares of the industrial products company’s stock worth $198,061,000 after acquiring an additional 106,902 shares during the period. Barclays PLC grew its holdings in shares of Roper Technologies by 13.3% during the 4th quarter. Barclays PLC now owns 454,806 shares of the industrial products company’s stock worth $202,448,000 after purchasing an additional 53,359 shares in the last quarter. Finally, North Star Asset Management Inc. grew its holdings in shares of Roper Technologies by 14.0% during the 4th quarter. North Star Asset Management Inc. now owns 36,317 shares of the industrial products company’s stock worth $16,166,000 after purchasing an additional 4,462 shares in the last quarter. Institutional investors own 93.31% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Piper Sandler cut their target price on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. BMO Capital Markets initiated coverage on shares of 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. Weiss Ratings raised shares of Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 14th. Royal Bank Of Canada restated a “sector perform” rating and issued a $417.00 price objective on shares of Roper Technologies in a research note on Tuesday, August 18th. Finally, Zacks Research downgraded shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Seven analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $466.94.

Insider Activity

In other Roper Technologies news, EVP John K. Stipancich sold 2,000 shares of the business’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 transaction, the executive vice president directly owned 35,634 shares in the company, valued at $13,507,067.70. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 completion of the transaction, the director owned 7,423 shares in the company, valued at approximately $2,679,703. This trade represents 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.

Roper Technologies Price Performance

Roper Technologies stock opened at $426.20 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51. The company has a market capitalization 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. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $532.18. The business has a 50 day simple moving average of $375.96 and a 200 day simple moving average of $354.71.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share 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 for the quarter. During the same quarter last year, the company earned $4.87 earnings per share. The business’s revenue 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. On average, sell-side analysts forecast that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

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