Roper Technologies (NASDAQ:ROP) Director Sells $2,322,674.00 in Stock

Roper Technologies, Inc. (NASDAQ:ROP) Director Richard Wallman sold 6,434 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the completion of the transaction, the director directly owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. This represents a 46.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Roper Technologies Trading Up 5.9%

Shares of ROP traded up $22.11 during mid-day trading on Tuesday, hitting $397.13. The company had a trading volume of 457,219 shares, compared to its average volume of 1,365,486. The business’s 50-day simple moving average is $341.17 and its 200-day simple moving average is $353.47. The stock has a market cap of $40.08 billion, a PE ratio of 16.47, a P/E/G ratio of 1.65 and a beta of 0.76. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $564.68.

Roper Technologies (NASDAQ:ROP) last issued its 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 business had revenue of $2.11 billion during the quarter. During the same quarter in the previous year, the firm posted $4.87 EPS. The firm’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. Sell-side analysts forecast that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were 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 was Wednesday, July 8th. Roper Technologies’s payout ratio is presently 15.08%.

Hedge Funds Weigh In On Roper Technologies

A number of hedge funds have recently modified their holdings of the stock. Private Wealth Management Group LLC raised its holdings in shares of Roper Technologies by 195.8% during the first 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 acquired a new position in Roper Technologies in the 3rd quarter worth about $25,000. Tucker Asset Management LLC purchased a new stake in shares of Roper Technologies during the 4th quarter worth about $33,000. Global Assets Advisory LLC acquired a new stake in shares of Roper Technologies during the 1st quarter valued at about $36,000. Finally, Kelleher Financial Advisors bought a new stake in shares of Roper Technologies in the 3rd quarter valued at approximately $40,000. 93.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Piper Sandler lowered their target price on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research note on Friday. Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Mizuho set a $355.00 target price on shares of Roper Technologies in a research report on Tuesday, July 21st. Barclays lowered their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Finally, Royal Bank Of Canada lifted their price objective on shares of Roper Technologies from $407.00 to $417.00 and gave the stock a “sector perform” rating in a research note on Friday. Six analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, Roper Technologies currently has an average rating of “Hold” and a consensus target price of $466.88.

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.