Roper Technologies, Inc. $ROP Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC boosted its stake in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 81.7% during the second quarter, HoldingsChannel.com reports. The firm owned 4,395 shares of the industrial products company’s stock after acquiring an additional 1,976 shares during the period. GAMMA Investing LLC’s holdings in Roper Technologies were worth $1,487,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Triumph Capital Management acquired a new stake in shares of Roper Technologies during the 3rd quarter worth $25,000. Private Wealth Management Group LLC boosted its holdings 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 valued at $25,000 after acquiring an additional 47 shares during the last quarter. Tucker Asset Management LLC acquired a new position in shares of Roper Technologies in the 4th quarter valued at about $33,000. Kelleher Financial Advisors purchased a new stake in shares of Roper Technologies during the 3rd quarter worth about $40,000. Finally, MV Capital Management Inc. acquired a new stake in Roper Technologies during the 4th quarter worth approximately $41,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Insiders Place Their Bets

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of Roper Technologies stock in a transaction on 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 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. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction 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 approximately $13,507,067.70. This represents a 5.31% 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

ROP has been the topic of a number of recent research reports. Barclays reduced their price target on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Raymond James Financial downgraded shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Royal Bank Of Canada upped their price target on shares of Roper Technologies from $407.00 to $417.00 and gave the stock a “sector perform” rating in a research report on Friday, July 24th. Robert W. Baird set a $480.00 price target on Roper Technologies in a report on Friday, July 24th. Finally, Piper Sandler dropped their target price on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. Seven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $466.94.

Read Our Latest Research Report on ROP

Roper Technologies Stock Up 0.6%

Shares of NASDAQ ROP opened at $397.08 on Friday. 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, Inc. has a 1 year low of $305.96 and a 1 year high of $546.52. The stock’s 50-day simple moving average is $352.58 and its 200-day simple moving average is $351.62. The firm has a market cap of $39.27 billion, a price-to-earnings ratio of 16.45, a PEG ratio of 1.78 and a beta of 0.74.

Roper Technologies (NASDAQ:ROPGet Free Report) last issued its quarterly earnings data 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 during the quarter. During the same quarter last year, the business earned $4.87 EPS. Roper Technologies’s revenue for the quarter 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. As a group, equities analysts anticipate that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were issued 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 was Wednesday, July 8th. Roper Technologies’s payout ratio is 15.08%.

Roper Technologies Profile

(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.

Featured Stories

Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NASDAQ:ROPFree Report).

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

Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.