Oppenheimer Asset Management Inc. purchased a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,585 shares of the industrial products company’s stock, valued at approximately $536,000.
Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Roper Technologies by 12.5% in the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock valued at $5,553,932,000 after buying an additional 1,384,656 shares in the last quarter. State Street Corp raised its position in Roper Technologies by 2.1% during the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock valued at $2,266,604,000 after acquiring an additional 105,250 shares in the last quarter. Geode Capital Management LLC lifted its stake in Roper Technologies by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock valued at $1,172,099,000 after acquiring an additional 22,335 shares during the last quarter. Norges Bank bought a new stake in Roper Technologies in the fourth quarter worth approximately $1,112,873,000. Finally, Invesco Ltd. grew its position in Roper Technologies by 11.0% in the fourth quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock worth $828,821,000 after acquiring an additional 184,644 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.
Insider Transactions at Roper Technologies
In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction that occurred on 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 sale, the director owned 7,423 shares of the company’s stock, valued at $2,679,703. This trade represents a 46.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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 transaction, the executive vice president owned 35,634 shares of the company’s stock, valued at approximately $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.80% of the company’s stock.
Roper Technologies Trading Down 2.4%
Roper Technologies (NASDAQ:ROP – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The business had revenue of $2.11 billion during the quarter. During the same period in the prior year, the company posted $4.87 earnings per share. Roper Technologies’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. Equities analysts anticipate that Roper Technologies, Inc. will post 22.22 EPS for the current year.
Roper Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders 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 currently 15.08%.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on ROP shares. Robert W. Baird set a $480.00 price target on shares of Roper Technologies in a report on Friday, July 24th. Weiss Ratings upgraded shares of Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday. Barclays lowered their target price on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Raymond James Financial lowered Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd. Finally, Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $466.94.
Check Out Our Latest Stock Report on ROP
Roper Technologies Company 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.
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