Landscape Capital Management L.L.C. Takes $3.15 Million Position in Roper Technologies, Inc. $ROP

Landscape Capital Management L.L.C. bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 9,293 shares of the industrial products company’s stock, valued at approximately $3,145,000.

A number of other institutional investors also recently bought and sold shares of ROP. Korea Investment CORP purchased a new stake in shares of Roper Technologies in the second quarter worth approximately $17,144,000. Ieq Capital LLC bought a new position in shares of Roper Technologies in the second quarter worth about $409,000. Callan Family Office LLC purchased a new position in Roper Technologies in the 2nd quarter worth about $826,000. Expressive Wealth LLC bought a new stake in Roper Technologies during the 2nd quarter valued at about $580,000. Finally, Keating Financial Advisory Services Inc. bought a new position in Roper Technologies in the 2nd quarter worth about $53,000. 93.31% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on ROP shares. Argus upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price on the stock in a report on Thursday, August 6th. Zacks Research lowered shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Mizuho set a $355.00 price objective on shares of Roper Technologies in a research note on Tuesday, July 21st. Raymond James Financial lowered Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd. Finally, Barclays cut their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a report on Friday, April 24th. Seven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $466.94.

Get Our Latest Report on Roper Technologies

Insider Activity

In other Roper Technologies news, EVP John K. Stipancich sold 2,000 shares of the 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 transaction, the executive vice president 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard F. Wallman sold 6,434 shares of the firm’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 completion of the sale, the director directly owned 7,423 shares in the company, valued at approximately $2,679,703. The trade was a 46.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.80% of the company’s stock.

Roper Technologies Trading Up 0.3%

NASDAQ ROP opened at $411.79 on Friday. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $538.21. 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 $40.73 billion, a PE ratio of 17.06, a P/E/G ratio of 1.85 and a beta of 0.74. The company has a fifty day moving average of $367.34 and a 200 day moving average of $352.63.

Roper Technologies (NASDAQ:ROPGet Free Report) last released 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 business had revenue of $2.11 billion during the quarter. During the same quarter in the previous year, the business posted $4.87 EPS. The business’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. Research analysts forecast that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be given a $0.91 dividend. The ex-dividend date is Friday, October 2nd. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. Roper Technologies’s dividend 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.

See Also

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

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