3,024 Shares in Roper Technologies, Inc. $ROP Bought by Summit Global Investments

Summit Global Investments acquired a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,024 shares of the industrial products company’s stock, valued at approximately $1,023,000.

A number of other institutional investors also recently bought and sold shares of the business. Empire Life Investments Inc. lifted its position in Roper Technologies by 38.5% during the 4th quarter. Empire Life Investments Inc. now owns 45,517 shares of the industrial products company’s stock worth $20,261,000 after acquiring an additional 12,645 shares during the period. Horizon Investments LLC increased its holdings in shares of Roper Technologies by 94.7% in the fourth quarter. Horizon Investments LLC now owns 9,519 shares of the industrial products company’s stock valued at $4,229,000 after purchasing an additional 4,629 shares during the period. Vanguard Group Inc. raised its stake in shares of 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 last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Roper Technologies by 31.6% during the fourth quarter. BNP Paribas Financial Markets now owns 444,950 shares of the industrial products company’s stock worth $198,061,000 after purchasing an additional 106,902 shares during the period. Finally, Mattern Capital Management LLC lifted its holdings in shares of Roper Technologies by 36.6% during the fourth quarter. Mattern Capital Management LLC now owns 18,516 shares of the industrial products company’s stock worth $8,242,000 after purchasing an additional 4,966 shares during the period. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies Trading Up 0.5%

Shares of ROP stock opened at $399.34 on Friday. The business’s fifty day moving average price is $360.49 and its 200 day moving average price is $351.66. The firm has a market capitalization of $39.49 billion, a PE ratio of 16.54, a P/E/G ratio of 1.79 and a beta of 0.74. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $544.94.

Roper Technologies (NASDAQ:ROP) last released its 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. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The company had revenue of $2.11 billion during the quarter. During the same period last year, the business posted $4.87 EPS. Roper Technologies’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, sell-side analysts forecast that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors 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 yield of 0.9%. Roper Technologies’s payout ratio is currently 15.08%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Zacks Research cut shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. 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 report on Friday, April 24th. Royal Bank Of Canada boosted their price target 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, July 24th. BMO Capital Markets began coverage on shares of Roper Technologies in a report on Friday, July 10th. They set a “market perform” rating and a $393.00 price target for the company. Finally, Robert W. Baird set a $480.00 price objective on shares of Roper Technologies in a research report on Friday, July 24th. Seven investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $466.94.

Insider Transactions at Roper Technologies

In other Roper Technologies news, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $379.05, for a total transaction of $758,100.00. Following the transaction, the executive vice president directly owned 35,634 shares in the company, valued at approximately $13,507,067.70. This represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction dated 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 trade represents a 46.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is currently owned by insiders.

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.