Portfolio Design Labs LLC Acquires Shares of 2,976 Roper Technologies, Inc. $ROP

Portfolio Design Labs LLC acquired a new stake in Roper Technologies, Inc. (NASDAQ:ROP) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,976 shares of the industrial products company’s stock, valued at approximately $1,007,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of Roper Technologies during the 2nd quarter worth approximately $3,346,912,000. Norges Bank bought a new position in Roper Technologies during the fourth quarter worth $1,112,873,000. 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. Flossbach Von Storch SE acquired a new position in shares of Roper Technologies in the second quarter valued at $448,321,000. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Roper Technologies by 206.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,339,710 shares of the industrial products company’s stock valued at $474,070,000 after purchasing an additional 903,223 shares during the period. 93.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on ROP. JPMorgan Chase & Co. lifted their target price on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a report on Wednesday, July 29th. Robert W. Baird set a $480.00 price target on shares of Roper Technologies in a report on Friday, July 24th. Piper Sandler cut their price objective on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Mizuho set a $355.00 price objective on Roper Technologies in a report on Tuesday, July 21st. Finally, Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Seven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $466.94.

Insiders Place Their Bets

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of Roper Technologies 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 transaction, the director owned 7,423 shares in the company, valued at $2,679,703. The trade was 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 link. Also, EVP John K. Stipancich sold 2,000 shares of the stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction 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 $13,507,067.70. This trade represents a 5.31% decrease in their position. The SEC filing for this sale provides additional information. 0.80% of the stock is currently owned by insiders.

Roper Technologies Stock Performance

Shares of Roper Technologies stock opened at $410.45 on Friday. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. The company has a market cap of $40.59 billion, a PE ratio of 17.00, a price-to-earnings-growth ratio of 1.83 and a beta of 0.74. The company has a 50 day moving average of $365.81 and a 200-day moving average of $352.22. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $540.34.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter. During the same period last year, the business earned $4.87 earnings per share. The business’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. As a group, equities research analysts forecast that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal 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 issued a dividend of $0.91 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. Roper Technologies’s payout ratio is 15.08%.

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.