Sanctuary Advisors LLC Buys New Position in Roper Technologies, Inc. $ROP

Sanctuary Advisors LLC bought a new position in Roper Technologies, Inc. (NASDAQ:ROP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,866 shares of the industrial products company’s stock, valued at approximately $1,985,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ROP. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Roper Technologies in the 2nd quarter valued at $551,000. Meiji Yasuda Asset Management Co Ltd. bought a new position in Roper Technologies during the second quarter worth $2,139,000. Benchmark Investment Advisors LLC acquired a new stake in Roper Technologies in the second quarter worth $401,000. Clear Harbor Asset Management LLC bought a new stake in Roper Technologies in the second quarter valued at $60,158,000. Finally, Bank of Nova Scotia bought a new stake in Roper Technologies in the second quarter valued at $4,034,000. 93.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ROP. Robert W. Baird set a $480.00 target price on Roper Technologies in a research note on Friday, July 24th. BMO Capital Markets initiated coverage on Roper Technologies in a research note on Friday, July 10th. They set a “market perform” rating and a $393.00 price target on the stock. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $417.00 price target on shares of Roper Technologies in a report on Tuesday, August 18th. Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. 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 report 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. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $466.94.

Roper Technologies Price Performance

ROP stock opened at $413.28 on Thursday. 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 business has a 50-day simple moving average of $372.19 and a two-hundred day simple moving average of $353.78. The company has a market capitalization of $40.87 billion, a P/E ratio of 17.12, a price-to-earnings-growth ratio of 1.86 and a beta of 0.74. Roper Technologies, Inc. has a 52-week low of $305.96 and a 52-week high of $532.18.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, topping the consensus estimate 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 period last year, the company earned $4.87 earnings per share. The business’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. Research analysts expect that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

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

Insiders Place Their Bets

In related news, Director Richard F. Wallman sold 6,434 shares of the firm’s 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 transaction, the director directly owned 7,423 shares of the company’s stock, valued at $2,679,703. This trade represents a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction dated 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 $13,507,067.70. The trade was a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is owned by insiders.

About Roper Technologies

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.