Roper Technologies, Inc. $ROP Shares Sold by Van ECK Associates Corp

Van ECK Associates Corp cut its position in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 98.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,456 shares of the industrial products company’s stock after selling 396,185 shares during the quarter. Van ECK Associates Corp’s holdings in Roper Technologies were worth $2,185,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. lifted its position in shares of Roper Technologies by 1.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock worth $1,115,000 after buying an additional 23 shares during the last quarter. SeaCrest Wealth Management LLC grew its position in shares of Roper Technologies by 6.2% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock valued at $223,000 after buying an additional 25 shares during the last quarter. Gulf International Bank UK Ltd raised its stake in Roper Technologies by 0.5% during the fourth quarter. Gulf International Bank UK Ltd now owns 5,377 shares of the industrial products company’s stock worth $2,393,000 after acquiring an additional 29 shares during the period. Paragon Capital Management Inc. raised its stake in Roper Technologies by 0.9% during the first quarter. Paragon Capital Management Inc. now owns 3,200 shares of the industrial products company’s stock worth $1,132,000 after acquiring an additional 29 shares during the period. Finally, MGO One Seven LLC lifted its holdings in Roper Technologies by 0.9% in the fourth quarter. MGO One Seven LLC now owns 3,392 shares of the industrial products company’s stock worth $1,510,000 after acquiring an additional 31 shares during the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Insider Transactions at Roper Technologies

In other news, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction that occurred on Friday, July 24th. The shares were 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 directly owned 7,423 shares in the company, valued at $2,679,703. This trade represents a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John K. Stipancich sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $379.05, for a total transaction of $758,100.00. Following the transaction, the executive vice president owned 35,634 shares in the company, valued at $13,507,067.70. This represents a 5.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

ROP has been the topic of a number of research reports. Piper Sandler dropped their price target 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. Mizuho set a $355.00 price objective on Roper Technologies in a research note on Tuesday, July 21st. BMO Capital Markets started coverage on Roper Technologies in a research report on Friday, July 10th. They issued a “market perform” rating and a $393.00 target price on the stock. Argus raised shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target for the company in a report on Thursday, August 6th. Finally, Zacks Research lowered shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $466.94.

Read Our Latest Analysis on Roper Technologies

Roper Technologies Stock Down 3.6%

ROP opened at $407.28 on Friday. The stock’s 50 day moving average price is $384.59 and its 200 day moving average price is $357.59. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51. The stock has a market cap 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, Inc. has a 12 month low of $305.96 and a 12 month high of $530.00.

Roper Technologies (NASDAQ:ROPGet Free Report) last announced its quarterly 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 return on equity of 11.36% and a net margin of 30.24%.The company had revenue of $2.11 billion during the quarter. During the same quarter last year, the firm posted $4.87 EPS. The company’s revenue 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 predict that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Announces Dividend

The business 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 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, October 2nd. Roper Technologies’s dividend payout ratio is currently 15.08%.

Roper Technologies Profile

(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.

See Also

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

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