Royal Bank of Canada Sells 186,965 Shares of Roper Technologies, Inc. $ROP

Royal Bank of Canada reduced its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 57.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,020 shares of the industrial products company’s stock after selling 186,965 shares during the quarter. Royal Bank of Canada’s holdings in Roper Technologies were worth $48,841,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of ROP. Brighton Jones LLC purchased a new stake in shares of Roper Technologies during the fourth quarter worth $203,000. Empowered Funds LLC grew its position in shares of Roper Technologies by 11.7% in the first quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company’s stock valued at $1,832,000 after purchasing an additional 326 shares in the last quarter. Cary Street Partners Financial LLC bought a new stake in shares of Roper Technologies during the 2nd quarter valued at $137,000. Nebula Research & Development LLC purchased a new stake in Roper Technologies during the 2nd quarter worth about $977,000. Finally, Sei Investments Co. lifted its holdings in Roper Technologies by 22.6% during the 2nd quarter. Sei Investments Co. now owns 61,621 shares of the industrial products company’s stock worth $34,928,000 after purchasing an additional 11,372 shares in the last quarter. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP John K. Stipancich sold 2,000 shares of Roper Technologies 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 of the company’s stock, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction on Friday, July 24th. The stock was 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 owned 7,423 shares of the company’s stock, valued at $2,679,703. This trade represents a 46.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by corporate insiders.

Roper Technologies Stock Performance

NASDAQ:ROP opened at $391.97 on Monday. The business’s 50-day moving average price is $346.71 and its two-hundred day moving average price is $352.35. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $556.23. The stock has a market cap of $39.56 billion, a P/E ratio of 16.24, a PEG ratio of 1.76 and a beta of 0.73. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings results 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 return on equity of 11.36% and a net margin of 30.24%.The firm had revenue of $2.11 billion during the quarter. During the same quarter last year, the business posted $4.87 EPS. 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 analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were given a dividend of $0.91 per share. The ex-dividend date was Wednesday, July 8th. This represents a $3.64 annualized dividend and a yield of 0.9%. Roper Technologies’s payout ratio is presently 15.08%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Zacks Research lowered Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Weiss Ratings reissued a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. Barclays reduced their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research note on Friday, April 24th. BMO Capital Markets initiated coverage on shares of Roper Technologies in a report on Friday, July 10th. They set a “market perform” rating and a $393.00 target price on the stock. Finally, Mizuho set a $355.00 target price on shares of Roper Technologies in a research note on Tuesday, July 21st. Six investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $468.00.

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.