Roper Technologies, Inc. $ROP Shares Sold by Triad Investment Management

Triad Investment Management reduced its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 10.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,358 shares of the industrial products company’s stock after selling 1,428 shares during the quarter. Roper Technologies accounts for approximately 4.7% of Triad Investment Management’s holdings, making the stock its 8th largest holding. Triad Investment Management’s holdings in Roper Technologies were worth $4,182,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. California State Teachers Retirement System raised its stake in shares of Roper Technologies by 31,706.7% during the second quarter. California State Teachers Retirement System now owns 56,111,830 shares of the industrial products company’s stock valued at $18,987,682,000 after purchasing an additional 55,935,415 shares during the period. BlackRock Inc. acquired a new stake in Roper Technologies during the 2nd quarter valued at $3,346,912,000. Wellington Management Group LLP acquired a new stake in Roper Technologies during the 2nd quarter valued at $890,328,000. Norges Bank purchased a new stake in Roper Technologies during the 4th quarter worth $1,112,873,000. Finally, Corient Private Wealth LP acquired a new position in Roper Technologies in the 2nd quarter worth $80,953,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Performance

Shares of ROP stock opened at $390.35 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 stock has a market capitalization of $38.61 billion, a price-to-earnings ratio of 16.17, a PEG ratio of 1.98 and a beta of 0.75. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $521.28. The company’s 50-day simple moving average is $387.90 and its 200-day simple moving average is $359.38.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, topping 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 company had revenue of $2.11 billion for the quarter. During the same period in the prior year, the business earned $4.87 EPS. The company’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. Equities analysts anticipate that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be issued a $0.91 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. Roper Technologies’s payout ratio is 15.08%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ROP. Piper Sandler decreased their price objective on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Argus upgraded Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target on the stock in a research note on Thursday, August 6th. JPMorgan Chase & Co. raised their price objective on Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research note on Wednesday, July 29th. Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Finally, Robert W. Baird set a $480.00 target price on Roper Technologies in a research report on Friday, July 24th. Seven 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 stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $466.94.

Insider Activity

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $361.00, for a total value of $2,322,674.00. Following the sale, the director directly owned 7,423 shares in the company, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP John K. Stipancich sold 2,000 shares of the 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 in the company, valued at approximately $13,507,067.70. This trade represents a 5.31% decrease in their position. The SEC filing for this sale provides additional information. 0.80% of the stock is owned by corporate insiders.

About Roper Technologies

Roper Technologies, Inc (NASDAQ:ROP) is a diversified technology company that develops and operates specialized businesses serving niche markets. Its portfolio primarily consists of software and technology-enabled businesses that provide products and services to commercial, government, healthcare, education, and other professional customers.

The company’s activities include vertical-market software, network and data-management software, and technology-enabled products. Its software businesses support functions such as healthcare operations, education administration, construction and engineering, legal and professional services, and enterprise workflow management.