OMERS ADMINISTRATION Corp Makes New Investment in Roper Technologies, Inc. $ROP

OMERS ADMINISTRATION Corp acquired a new position in Roper Technologies, Inc. (NASDAQ:ROPFree Report) during the second quarter, HoldingsChannel reports. The institutional investor acquired 4,328 shares of the industrial products company’s stock, valued at approximately $1,465,000.

Several other hedge funds have also recently made changes to their positions in the business. Brown Brothers Harriman & Co. lifted its stake in Roper Technologies by 1.0% in the third quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock worth $1,115,000 after acquiring an additional 23 shares during the period. SeaCrest Wealth Management LLC boosted its holdings in Roper Technologies by 6.2% in the third quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock valued at $223,000 after acquiring an additional 25 shares in the last quarter. Gulf International Bank UK Ltd increased its position in Roper Technologies by 0.5% during the 4th quarter. Gulf International Bank UK Ltd now owns 5,377 shares of the industrial products company’s stock valued at $2,393,000 after purchasing an additional 29 shares during the period. Paragon Capital Management Inc. raised its holdings in Roper Technologies by 0.9% in the 1st quarter. Paragon Capital Management Inc. now owns 3,200 shares of the industrial products company’s stock worth $1,132,000 after purchasing an additional 29 shares in the last quarter. Finally, MGO One Seven LLC raised its holdings in Roper Technologies by 0.9% in the 4th quarter. MGO One Seven LLC now owns 3,392 shares of the industrial products company’s stock worth $1,510,000 after purchasing an additional 31 shares in the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on ROP shares. Robert W. Baird set a $480.00 target price on shares of Roper Technologies in a research note on Friday, July 24th. Piper Sandler decreased their price target on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. Zacks Research lowered shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Weiss Ratings upgraded Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 14th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $417.00 target price on shares of Roper Technologies in a research report on Tuesday, August 18th. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $466.94.

View Our Latest Research Report on Roper Technologies

Roper Technologies Price Performance

Shares of ROP opened at $413.28 on Thursday. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $532.18. The firm’s 50-day simple moving average is $372.19 and its two-hundred day simple moving average is $353.78. The stock has a market cap of $40.87 billion, a PE ratio of 17.12, a price-to-earnings-growth ratio of 1.86 and a beta of 0.74. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55.

Roper Technologies (NASDAQ:ROPGet Free Report) last released its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The firm had revenue of $2.11 billion during the quarter. During the same quarter in the previous year, the business posted $4.87 earnings per share. Roper Technologies’s revenue for the quarter was up 8.5% on a year-over-year basis. 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 anticipate 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 issued a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd. Roper Technologies’s payout ratio is 15.08%.

Insider Buying and Selling 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 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 directly owned 7,423 shares in the company, valued at $2,679,703. This trade represents a 46.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.80% of the company’s stock.

Roper Technologies Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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