Northwestern Mutual Wealth Management Co. Trims Position in Roper Technologies, Inc. $ROP

Northwestern Mutual Wealth Management Co. lowered its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 16.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 8,529 shares of the industrial products company’s stock after selling 1,702 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Roper Technologies were worth $2,886,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ROP. BlackRock Inc. acquired a new stake in shares of Roper Technologies during the second quarter worth $3,346,912,000. State Street Corp boosted its holdings in shares of Roper Technologies by 2.1% in the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock valued at $2,266,604,000 after acquiring an additional 105,250 shares in the last quarter. Geode Capital Management LLC raised its holdings in Roper Technologies by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after purchasing an additional 22,335 shares in the last quarter. Wellington Management Group LLP acquired a new stake in Roper Technologies in the second quarter valued at about $890,328,000. Finally, Norges Bank purchased a new stake in Roper Technologies in the 4th quarter valued at approximately $1,112,873,000. 93.31% of the stock is owned by hedge funds and other institutional investors.

Roper Technologies Price Performance

Shares of NASDAQ ROP opened at $407.28 on Friday. 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 $530.00. The company has a market capitalization of $40.28 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 2.11 and a beta of 0.75. The business has a 50-day moving average of $384.59 and a 200-day moving average of $357.59.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, topping analysts’ consensus estimates of $5.29 by $0.09. The firm had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The firm’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.87 EPS. 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. On average, equities analysts anticipate that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be 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 is Friday, October 2nd. Roper Technologies’s payout ratio is presently 15.08%.

Insider Activity

In other news, Director Richard F. Wallman sold 6,434 shares of the firm’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 sale, the director 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $379.05, for a total transaction of $758,100.00. Following the completion of the sale, the executive vice president directly owned 35,634 shares in the company, valued at $13,507,067.70. This represents a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ROP shares. Weiss Ratings raised Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 14th. JPMorgan Chase & Co. lifted their price objective on Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research report on Wednesday, July 29th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $417.00 target price on shares of Roper Technologies in a research report on Tuesday, August 18th. Raymond James Financial cut Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd. 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 research report on Thursday, August 6th. Seven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $466.94.

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.