Palliser Capital UK Ltd bought a new stake in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,986 shares of the industrial products company’s stock, valued at approximately $2,364,000. Roper Technologies makes up 1.3% of Palliser Capital UK Ltd’s portfolio, making the stock its 12th largest holding.
A number of other large investors have also recently bought and sold shares of ROP. Empire Life Investments Inc. raised its stake in Roper Technologies by 38.5% in the 4th quarter. Empire Life Investments Inc. now owns 45,517 shares of the industrial products company’s stock valued at $20,261,000 after acquiring an additional 12,645 shares during the period. Horizon Investments LLC boosted its position in Roper Technologies by 94.7% during the fourth quarter. Horizon Investments LLC now owns 9,519 shares of the industrial products company’s stock worth $4,229,000 after purchasing an additional 4,629 shares during the period. Vanguard Group Inc. boosted its position in Roper Technologies by 12.5% during the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after purchasing an additional 1,384,656 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of Roper Technologies by 31.6% in the fourth quarter. BNP Paribas Financial Markets now owns 444,950 shares of the industrial products company’s stock valued at $198,061,000 after purchasing an additional 106,902 shares during the last quarter. Finally, Barclays PLC raised its position in shares of Roper Technologies by 13.3% in the fourth quarter. Barclays PLC now owns 454,806 shares of the industrial products company’s stock valued at $202,448,000 after purchasing an additional 53,359 shares during the period. Institutional investors and hedge funds own 93.31% of the company’s stock.
Insider Buying and Selling
In related news, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction 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 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John K. Stipancich sold 2,000 shares of the business’s stock in a transaction dated Monday, July 27th. The shares were 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 directly 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 position. The SEC filing for this sale provides additional information. Corporate insiders own 0.80% of the company’s stock.
Roper Technologies Trading Up 0.9%
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share 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 quarter last year, the firm earned $4.87 EPS. Roper Technologies’s revenue for the quarter 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, sell-side analysts anticipate that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.
Roper Technologies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, October 2nd. Roper Technologies’s payout ratio is 15.08%.
Analysts Set New Price Targets
Several analysts recently commented on the stock. Zacks Research downgraded shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Argus raised shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target on the stock in a report on Thursday, August 6th. Robert W. Baird set a $480.00 price objective on Roper Technologies in a report on Friday, July 24th. Piper Sandler decreased their target price 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. Finally, BMO Capital Markets began coverage on Roper Technologies in a research note on Friday, July 10th. They set a “market perform” rating and a $393.00 target price on the stock. Seven analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Roper Technologies currently has a consensus rating of “Hold” and an average price target of $466.94.
Check Out Our Latest Report on ROP
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.
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