Trillium Asset Management LLC Purchases New Position in Roper Technologies, Inc. $ROP

Trillium Asset Management LLC acquired a new position in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,179 shares of the industrial products company’s stock, valued at approximately $3,444,000.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Roper Technologies in the second quarter valued at about $3,346,912,000. Norges Bank acquired a new position in Roper Technologies during the 4th quarter worth approximately $1,112,873,000. Vanguard Group Inc. boosted its holdings in Roper Technologies by 12.5% in the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after acquiring an additional 1,384,656 shares during the period. Flossbach Von Storch SE acquired a new stake in Roper Technologies in the second quarter valued at approximately $448,321,000. Finally, Arrowstreet Capital Limited Partnership grew its position in Roper Technologies by 206.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,339,710 shares of the industrial products company’s stock valued at $474,070,000 after acquiring an additional 903,223 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Insider Transactions at Roper Technologies

In related news, EVP John K. Stipancich sold 2,000 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $13,507,067.70. The trade was 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 link. Also, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $361.00, for a total value of $2,322,674.00. Following the sale, the director owned 7,423 shares in the company, 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. Corporate insiders own 0.80% of the company’s stock.

Roper Technologies Stock Up 0.8%

ROP stock opened at $410.45 on Friday. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $540.34. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $40.59 billion, a P/E ratio of 17.00, a PEG ratio of 1.83 and a beta of 0.74. The firm has a 50 day simple moving average of $365.81 and a 200-day simple moving average of $352.22.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The firm had revenue of $2.11 billion for the quarter. During the same period in the prior year, the company earned $4.87 earnings per share. The company’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, equities research analysts predict that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

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 $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, October 2nd. Roper Technologies’s dividend payout ratio is 15.08%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Argus upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price for the company in a research note on Thursday, August 6th. Mizuho set a $355.00 price target on shares of Roper Technologies in a research note on Tuesday, July 21st. BMO Capital Markets assumed coverage on shares of Roper Technologies in a report on Friday, July 10th. They issued a “market perform” rating and a $393.00 price objective on the stock. Zacks Research cut shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Finally, Robert W. Baird set a $480.00 target price on Roper Technologies in a research note on Friday, July 24th. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $466.94.

Read Our Latest Stock Analysis on ROP

About Roper Technologies

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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