WINTON GROUP Ltd acquired a new position in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,808 shares of the industrial products company’s stock, valued at approximately $2,981,000.
Several other large investors have also recently modified their holdings of the stock. Triumph Capital Management purchased a new position in Roper Technologies in the 3rd quarter worth approximately $25,000. Private Wealth Management Group LLC lifted its holdings in shares of 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 purchasing an additional 47 shares in the last quarter. Tucker Asset Management LLC bought a new stake in Roper Technologies in the 4th quarter worth about $33,000. Edmond DE Rothschild Holding S.A. bought a new position in Roper Technologies during the 2nd quarter valued at about $27,000. Finally, Kelleher Financial Advisors bought a new stake in shares of Roper Technologies in the third quarter worth approximately $40,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.
Wall Street Analyst Weigh In
ROP has been the topic of several research reports. Zacks Research cut shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Robert W. Baird set a $480.00 target price on Roper Technologies in a research report on Friday, July 24th. Piper Sandler dropped their price objective on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. JPMorgan Chase & Co. increased their price target on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 29th. Finally, 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. 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. According to data from MarketBeat.com, Roper Technologies presently has a consensus rating of “Hold” and a consensus price target of $466.94.
Roper Technologies Stock Performance
ROP opened at $388.52 on Friday. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $521.28. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. The company has a fifty day moving average of $388.87 and a 200 day moving average of $359.96. The stock has a market capitalization of $38.42 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 1.94 and a beta of 0.75.
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly 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 company had revenue of $2.11 billion during the quarter. During the same period in the previous year, the company posted $4.87 earnings per share. Roper Technologies’s quarterly 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. As a group, sell-side analysts forecast that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal 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 given a dividend of $0.91 per share. 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 payout ratio is currently 15.08%.
Insider Buying and Selling at Roper Technologies
In related news, EVP John Stipancich sold 2,000 shares of the firm’s stock in a transaction on Monday, July 27th. The stock was 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 in the company, valued at $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard Wallman sold 6,434 shares of the business’s stock in a transaction on 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 trade represents a 46.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.80% of the company’s stock.
Roper Technologies Profile
Roper Technologies, Inc (NASDAQ:ROP) is a diversified technology company that develops and operates specialized businesses serving niche markets. Its portfolio primarily consists of software and technology-enabled businesses that provide products and services to commercial, government, healthcare, education, and other professional customers.
The company’s activities include vertical-market software, network and data-management software, and technology-enabled products. Its software businesses support functions such as healthcare operations, education administration, construction and engineering, legal and professional services, and enterprise workflow management.
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