Legal & General Group Plc Purchases Shares of 613,959 Roper Technologies, Inc. $ROP

Legal & General Group Plc acquired a new stake in Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 613,959 shares of the industrial products company’s stock, valued at approximately $207,758,000.

A number of other institutional investors and hedge funds have also made changes to their positions in ROP. BlackRock Inc. acquired a new stake in Roper Technologies in the second quarter valued at approximately $3,346,912,000. Norges Bank purchased a new stake in Roper Technologies in the fourth quarter valued at $1,112,873,000. Flossbach Von Storch SE purchased a new stake in shares of Roper Technologies in the 2nd quarter valued at about $448,321,000. Arrowstreet Capital Limited Partnership lifted its stake in Roper Technologies by 206.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,339,710 shares of the industrial products company’s stock valued at $474,070,000 after buying an additional 903,223 shares during the last quarter. Finally, OpenArc Corporate Advisory LLC purchased a new stake in Roper Technologies in the 4th quarter valued at $367,567,000. 93.31% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Roper Technologies news, 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 in the company, valued at $13,507,067.70. This represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction dated 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 completion of 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. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is currently owned by company insiders.

Roper Technologies Price Performance

Roper Technologies stock opened at $413.28 on Thursday. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $532.18. 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 firm has a 50 day moving average price of $372.19 and a 200 day moving average price of $353.78. The company has a market cap of $40.87 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 1.86 and a beta of 0.74.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, topping analysts’ consensus estimates of $5.29 by $0.09. The company had revenue of $2.11 billion for the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the business earned $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. Sell-side analysts predict that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be given a $0.91 dividend. 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%.

Analyst Upgrades and Downgrades

ROP has been the subject of several analyst reports. Robert W. Baird set a $480.00 price objective on Roper Technologies in a research note on Friday, July 24th. Argus upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price objective for the company in a research note on Thursday, August 6th. Mizuho set a $355.00 target price on Roper Technologies in a research report on Tuesday, July 21st. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $417.00 price target on shares of Roper Technologies in a report on Tuesday, August 18th. Finally, Raymond James Financial downgraded Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday, July 22nd. Seven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average 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 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.