Sanctuary Advisors LLC purchased a new position in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,866 shares of the industrial products company’s stock, valued at approximately $1,985,000.
Several other institutional investors also recently added to or reduced their stakes in the stock. Private Wealth Management Group LLC raised its position in Roper Technologies by 195.8% in 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 during the period. Triumph Capital Management purchased a new stake in shares of Roper Technologies during the 3rd quarter worth approximately $25,000. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Roper Technologies during the 2nd quarter worth approximately $27,000. Tucker Asset Management LLC bought a new stake in shares of Roper Technologies in the 4th quarter worth approximately $33,000. Finally, Global Assets Advisory LLC purchased a new position in Roper Technologies in the first quarter valued at approximately $36,000. Institutional investors own 93.31% of the company’s stock.
Insider Activity at Roper Technologies
In other news, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction 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 sale, the director owned 7,423 shares in the company, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction on 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 owned 35,634 shares of the company’s stock, valued at $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 Stock Performance
Roper Technologies (NASDAQ:ROP – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating analysts’ consensus estimates of $5.29 by $0.09. The firm had revenue of $2.11 billion during the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the firm earned $4.87 earnings per share. 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. Analysts predict that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.
Roper Technologies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be given a dividend of $0.91 per share. The ex-dividend date is Friday, October 2nd. This represents a $3.64 annualized dividend and a yield of 0.9%. Roper Technologies’s payout ratio is presently 15.08%.
Analysts Set New Price Targets
ROP has been the topic of a number of research reports. Royal Bank Of Canada restated a “sector perform” rating and issued a $417.00 price objective on shares of Roper Technologies in a research note on Tuesday, August 18th. 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 research note on Wednesday, July 29th. Robert W. Baird set a $480.00 price target on shares of Roper Technologies in a research report on Friday, July 24th. Zacks Research downgraded shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Finally, Argus raised shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price on the stock in a report on Thursday, August 6th. Seven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $466.94.
Read Our Latest Report on Roper Technologies
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.
Featured Articles
- Five stocks we like better than Roper Technologies
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NASDAQ:ROP – Free Report).
Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
