Compass Capital Management Inc. purchased a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) in the second quarter, Holdings Channel reports. The firm purchased 142,079 shares of the industrial products company’s stock, valued at approximately $48,078,000. Roper Technologies comprises about 2.9% of Compass Capital Management Inc.’s portfolio, making the stock its 20th largest position.
Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC purchased a new stake in Roper Technologies in the fourth quarter worth $203,000. Empowered Funds LLC lifted its position in shares of Roper Technologies by 11.7% during the 1st quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company’s stock valued at $1,832,000 after buying an additional 326 shares during the last quarter. Cary Street Partners Financial LLC purchased a new position in shares of Roper Technologies during the 2nd quarter valued at $137,000. Nebula Research & Development LLC bought a new position in shares of Roper Technologies during the 2nd quarter worth $977,000. Finally, Sei Investments Co. increased its holdings in Roper Technologies by 22.6% in the 2nd quarter. Sei Investments Co. now owns 61,621 shares of the industrial products company’s stock worth $34,928,000 after acquiring an additional 11,372 shares during the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.
Analyst Upgrades and Downgrades
ROP has been the topic of several recent research reports. 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 report on Wednesday, July 29th. Piper Sandler lowered their price target on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Royal Bank Of Canada upped their price target on shares of Roper Technologies from $407.00 to $417.00 and gave the company a “sector perform” rating in a research note on Friday, July 24th. Barclays cut their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a report on Friday, April 24th. Finally, Raymond James Financial lowered shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Seven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $466.94.
Roper Technologies Price Performance
ROP stock opened at $399.34 on Monday. 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 firm has a market capitalization of $39.49 billion, a PE ratio of 16.54, a PEG ratio of 1.80 and a beta of 0.73. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $544.94. The stock has a 50-day simple moving average of $360.49 and a two-hundred day simple moving average of $351.26.
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The firm had revenue of $2.11 billion for the quarter. During the same quarter in the prior year, the company earned $4.87 earnings per share. The company’s quarterly revenue 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. On average, equities analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.
Roper Technologies Dividend Announcement
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 issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd. Roper Technologies’s dividend payout ratio is 15.08%.
Insider Activity at Roper Technologies
In other news, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction 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 transaction, the director owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. This represents a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP John K. 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 completion of the sale, the executive vice president owned 35,634 shares in the company, valued at $13,507,067.70. This trade 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.
About Roper Technologies
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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