Wellington Management Group LLP Takes $890.33 Million Position in Roper Technologies, Inc. $ROP

Wellington Management Group LLP bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,631,070 shares of the industrial products company’s stock, valued at approximately $890,328,000. Wellington Management Group LLP owned approximately 2.66% of Roper Technologies as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Triumph Capital Management purchased a new position in shares of Roper Technologies during the third quarter valued at about $25,000. Private Wealth Management Group LLC increased its position in Roper Technologies by 195.8% in the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 47 shares during the last quarter. Tucker Asset Management LLC bought a new stake in Roper Technologies in the fourth quarter worth $33,000. Edmond DE Rothschild Holding S.A. purchased a new stake in Roper Technologies during the second quarter valued at $27,000. Finally, Kelleher Financial Advisors bought a new position in Roper Technologies during the third quarter valued at $40,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Insiders Place Their Bets

In other 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 transaction, the executive vice president directly owned 35,634 shares in the company, valued at approximately $13,507,067.70. This represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Richard F. Wallman sold 6,434 shares of Roper Technologies 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 sale, the director owned 7,423 shares of the company’s stock, valued at $2,679,703. The trade was a 46.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is currently owned by insiders.

Roper Technologies Stock Up 0.8%

Shares of NASDAQ ROP 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 cap of $42.15 billion, a P/E ratio of 17.66, a PEG ratio of 1.92 and a beta of 0.74. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $532.18. The firm has a 50-day simple moving average of $375.96 and a two-hundred day simple moving average of $354.71.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 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 for the quarter. During the same period in the prior year, the company posted $4.87 EPS. The company’s quarterly 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. Research analysts anticipate that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd. Roper Technologies’s payout ratio is currently 15.08%.

Wall Street Analyst Weigh In

ROP has been the topic of several recent research reports. Weiss Ratings upgraded shares of Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 14th. Argus raised Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price objective on the stock in a research note on Thursday, August 6th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $417.00 price objective on shares of Roper Technologies in a research note on Tuesday, August 18th. Robert W. Baird set a $480.00 target price on Roper Technologies in a report on Friday, July 24th. Finally, Piper Sandler cut their target price 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. Seven analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus 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.