Roper Technologies, Inc. $ROP Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. reduced its position in Roper Technologies, Inc. (NASDAQ:ROP) by 16.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,529 shares of the industrial products company’s stock after selling 1,702 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Roper Technologies were worth $2,886,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ROP. Empire Life Investments Inc. boosted its holdings in Roper Technologies by 38.5% in the 4th quarter. Empire Life Investments Inc. now owns 45,517 shares of the industrial products company’s stock valued at $20,261,000 after purchasing an additional 12,645 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Roper Technologies by 31.6% during the 4th quarter. BNP Paribas Financial Markets now owns 444,950 shares of the industrial products company’s stock worth $198,061,000 after buying an additional 106,902 shares during the last quarter. Barclays PLC raised its position in shares of Roper Technologies by 13.3% during the 4th quarter. Barclays PLC now owns 454,806 shares of the industrial products company’s stock valued at $202,448,000 after buying an additional 53,359 shares during the period. North Star Asset Management Inc. lifted its holdings in Roper Technologies by 14.0% in the fourth quarter. North Star Asset Management Inc. now owns 36,317 shares of the industrial products company’s stock valued at $16,166,000 after acquiring an additional 4,462 shares during the last quarter. Finally, AlphaCore Capital LLC increased its stake in Roper Technologies by 541.0% during the fourth quarter. AlphaCore Capital LLC now owns 6,884 shares of the industrial products company’s stock worth $3,064,000 after acquiring an additional 5,810 shares during the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Analysts Set New Price Targets

ROP has been the topic of a number of recent analyst reports. Zacks Research cut shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Mizuho set a $355.00 price target on shares of Roper Technologies in a research note on Tuesday, July 21st. JPMorgan Chase & Co. upped their price objective on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a report on Wednesday, July 29th. Piper Sandler lowered their price target on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Finally, Raymond James Financial cut Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Seven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Roper Technologies has an average rating of “Hold” and a consensus target price of $466.94.

Insider Activity at Roper Technologies

In related news, EVP John 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 value of $758,100.00. Following the completion of the transaction, the executive vice president directly owned 35,634 shares of the company’s stock, valued at $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 is available through this hyperlink. Also, Director Richard Wallman sold 6,434 shares of the firm’s stock in a transaction that occurred 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 directly owned 7,423 shares in the company, valued at approximately $2,679,703. The trade was a 46.43% decrease in their position. The SEC filing for this sale provides additional information. 0.80% of the stock is owned by insiders.

Roper Technologies Stock Down 3.6%

Shares of Roper Technologies stock opened at $407.28 on Friday. Roper Technologies, Inc. has a 52-week low of $305.96 and a 52-week high of $530.00. The company has a 50 day moving average of $384.59 and a 200 day moving average of $357.59. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $40.28 billion, a P/E ratio of 16.87, a P/E/G ratio of 2.11 and a beta of 0.75.

Roper Technologies (NASDAQ:ROP) last announced 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 net margin of 30.24% and a return on equity of 11.36%. The business had revenue of $2.11 billion for the quarter. During the same quarter in the previous year, the business posted $4.87 earnings per share. 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, research analysts forecast that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The firm 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. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd. Roper Technologies’s dividend payout ratio (DPR) is 15.08%.

Roper Technologies Company Profile

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.