IFP Advisors Inc Sells 2,205 Shares of Roper Technologies, Inc. $ROP

IFP Advisors Inc lessened its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 46.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 2,527 shares of the industrial products company’s stock after selling 2,205 shares during the period. IFP Advisors Inc’s holdings in Roper Technologies were worth $855,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. California State Teachers Retirement System grew 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 worth $18,987,682,000 after purchasing an additional 55,935,415 shares during the period. BlackRock Inc. acquired a new position in Roper Technologies in the second quarter valued at about $3,346,912,000. Geode Capital Management LLC boosted its holdings in Roper Technologies by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after buying an additional 22,335 shares during the last quarter. Wellington Management Group LLP acquired a new position in shares of Roper Technologies during the 2nd quarter worth about $890,328,000. Finally, Norges Bank acquired a new position in shares of Roper Technologies during the 4th quarter worth about $1,112,873,000. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Up 1.6%

Shares of ROP stock opened at $394.61 on Tuesday. The firm’s fifty day moving average price is $389.48 and its two-hundred day moving average price is $360.53. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $521.28. The firm has a market capitalization of $39.03 billion, a P/E ratio of 16.35, a PEG ratio of 1.94 and a beta of 0.75.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating the consensus estimate of $5.29 by $0.09. The company had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company posted $4.87 EPS. 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. On average, equities analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

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

Insider Activity at Roper Technologies

In other news, Director Richard Wallman sold 6,434 shares of the 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 transaction, the director 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John Stipancich sold 2,000 shares of the stock in a transaction 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 transaction, the executive vice president owned 35,634 shares in the company, valued at $13,507,067.70. The trade was a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on ROP shares. Argus raised shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price for the company in a research note on Thursday, August 6th. Robert W. Baird set a $480.00 price target on shares of Roper Technologies in a research report on Friday, July 24th. JPMorgan Chase & Co. upped their price objective on shares of Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research report on Wednesday, July 29th. Mizuho set a $355.00 price objective on Roper Technologies in a research note on Tuesday, July 21st. Finally, BMO Capital Markets assumed coverage on Roper Technologies in a report on Friday, July 10th. They set a “market perform” rating and a $393.00 target price on the stock. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Roper Technologies has a consensus rating of “Hold” and a consensus target price of $466.94.

Roper Technologies Profile

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.