Roper Technologies, Inc. $ROP Stake Reduced by Van ECK Associates Corp

Van ECK Associates Corp trimmed its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 98.4% in the second quarter, Holdings Channel.com reports. The fund owned 6,456 shares of the industrial products company’s stock after selling 396,185 shares during the period. Van ECK Associates Corp’s holdings in Roper Technologies were worth $2,185,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in ROP. Nissay Asset Management Corp Japan grew its position in Roper Technologies by 3.2% in the second quarter. Nissay Asset Management Corp Japan now owns 30,821 shares of the industrial products company’s stock worth $10,430,000 after buying an additional 964 shares during the last quarter. Hsbc Holdings PLC lifted its position in shares of Roper Technologies by 0.6% during the 2nd quarter. Hsbc Holdings PLC now owns 209,740 shares of the industrial products company’s stock valued at $70,956,000 after acquiring an additional 1,325 shares during the last quarter. Wellington Management Group LLP bought a new stake in shares of Roper Technologies during the 2nd quarter worth $890,328,000. Kingsview Wealth Management LLC bought a new stake in shares of Roper Technologies during the 2nd quarter worth $234,000. Finally, Beacon Pointe Advisors LLC acquired a new position in shares of Roper Technologies in the 2nd quarter worth $4,399,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Insider Buying and Selling

In other news, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $361.00, for a total value of $2,322,674.00. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John K. Stipancich sold 2,000 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $379.05, for a total value of $758,100.00. Following the sale, the executive vice president owned 35,634 shares of the company’s stock, valued at approximately $13,507,067.70. This represents a 5.31% 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 owned by corporate insiders.

Roper Technologies Stock Down 3.6%

NASDAQ:ROP opened at $407.28 on Friday. The business’s fifty day moving average price is $384.59 and its 200 day moving average price is $357.59. The firm 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 company has a current ratio of 0.55, a quick ratio of 0.51 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 $530.00.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating the consensus estimate of $5.29 by $0.09. The company had revenue of $2.11 billion for the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The company’s revenue was up 8.5% compared to the same quarter last year. During the same period last year, the firm 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, sell-side analysts forecast that Roper Technologies, Inc. will post 22.22 earnings per share 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. Shareholders of record on Friday, October 2nd will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, October 2nd. Roper Technologies’s dividend payout ratio is currently 15.08%.

Analysts Set New Price Targets

ROP has been the subject of several analyst reports. Raymond James Financial downgraded Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd. Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Piper Sandler decreased their target price on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a report on Friday, July 24th. Argus upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target on the stock in a report on Thursday, August 6th. Finally, JPMorgan Chase & Co. upped their price target on shares of Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research report on Wednesday, July 29th. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $466.94.

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.