E Fund Management Co. Ltd. Makes New $2.13 Million Investment in Roper Technologies, Inc. $ROP

E Fund Management Co. Ltd. bought a new position in Roper Technologies, Inc. (NASDAQ:ROPFree Report) during the 2nd quarter, Holdings Channel reports. The fund bought 6,287 shares of the industrial products company’s stock, valued at approximately $2,127,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Private Wealth Management Group LLC increased its stake in shares of Roper Technologies by 195.8% in the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 47 shares during the period. Triumph Capital Management bought a new stake in Roper Technologies during the 3rd quarter valued at approximately $25,000. Edmond DE Rothschild Holding S.A. acquired a new stake in Roper Technologies in the 2nd quarter valued at approximately $27,000. Tucker Asset Management LLC bought a new position in Roper Technologies in the 4th quarter worth approximately $33,000. Finally, Global Assets Advisory LLC acquired a new position in shares of Roper Technologies during the first quarter worth approximately $36,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ROP. BMO Capital Markets assumed coverage on shares of Roper Technologies in a report on Friday, July 10th. They set a “market perform” rating and a $393.00 price objective on the stock. Piper Sandler decreased their target price on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Robert W. Baird set a $480.00 price target on Roper Technologies in a research note on Friday, July 24th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $417.00 price objective on shares of Roper Technologies in a research report on Tuesday. Finally, Barclays lowered their price objective on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $466.94.

View Our Latest Research Report on Roper Technologies

Insider Buying and Selling

In related news, Director Richard F. Wallman sold 6,434 shares of Roper Technologies stock in a transaction 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 completion of the sale, the director directly owned 7,423 shares of the company’s stock, valued at $2,679,703. The trade was 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 available at this link. Also, EVP John K. Stipancich sold 2,000 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $13,507,067.70. The trade was a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is currently owned by company insiders.

Roper Technologies Trading Up 3.3%

ROP stock opened at $407.32 on Thursday. The business has a fifty day moving average price of $364.25 and a 200 day moving average price of $351.94. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $544.94. The stock has a market capitalization of $40.28 billion, a price-to-earnings ratio of 16.87, a P/E/G ratio of 1.77 and a beta of 0.74.

Roper Technologies (NASDAQ:ROPGet Free Report) last announced its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2.11 billion for the quarter. During the same quarter in the previous year, the company posted $4.87 earnings per share. Roper Technologies’s revenue for the quarter 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. Analysts expect that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors 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 is Friday, October 2nd. Roper Technologies’s dividend payout ratio is currently 15.08%.

About Roper Technologies

(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.

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

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