National Pension Service Buys 2,653 Shares of Roper Technologies, Inc. $ROP

National Pension Service lifted its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 1.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 186,900 shares of the industrial products company’s stock after buying an additional 2,653 shares during the period. National Pension Service’s holdings in Roper Technologies were worth $63,245,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Private Wealth Management Group LLC raised its position in shares of Roper Technologies by 195.8% in the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 47 shares in the last quarter. Triumph Capital Management bought a new stake in shares of Roper Technologies during the third quarter valued at approximately $25,000. Edmond DE Rothschild Holding S.A. purchased a new stake in Roper Technologies in the second quarter worth $27,000. Tucker Asset Management LLC bought a new position in Roper Technologies in the fourth quarter worth $33,000. Finally, Global Assets Advisory LLC purchased a new position in Roper Technologies during the first quarter valued at $36,000. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Roper Technologies

In other news, Director Richard F. Wallman sold 6,434 shares of the company’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 of the company’s stock, valued at $2,679,703. This represents a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction that occurred 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 completion of 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 SEC filing for this sale provides additional information. 0.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Mizuho set a $355.00 price target on shares of Roper Technologies in a research note on Tuesday, July 21st. Robert W. Baird set a $480.00 price objective on shares of Roper Technologies in a report on Friday, July 24th. Zacks Research lowered shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $417.00 price target on shares of Roper Technologies in a research report on Tuesday, August 18th. Finally, Weiss Ratings raised Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 14th. Seven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Roper Technologies currently has an average rating of “Hold” and a consensus price target of $466.94.

Roper Technologies Stock Down 0.0%

Shares of Roper Technologies stock opened at $388.52 on Friday. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $521.28. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57. The company’s 50 day moving average is $388.87 and its 200 day moving average is $359.96. The company has a market cap of $38.42 billion, a price-to-earnings ratio of 16.09, a price-to-earnings-growth ratio of 1.94 and a beta of 0.75.

Roper Technologies (NASDAQ:ROP) last posted its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating 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 company posted $4.87 EPS. The firm’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. Research analysts anticipate that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Dividend Announcement

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

Roper Technologies Company 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.