VIRGINIA RETIREMENT SYSTEMS ET Al Takes $9 Million Position in Roper Technologies, Inc. $ROP

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Roper Technologies, Inc. (NASDAQ:ROP) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 26,600 shares of the industrial products company’s stock, valued at approximately $9,001,000.

A number of other hedge funds have also bought and sold shares of the business. California State Teachers Retirement System increased its holdings in shares of Roper Technologies by 31,706.7% during the second quarter. California State Teachers Retirement System now owns 56,111,830 shares of the industrial products company’s stock worth $18,987,682,000 after purchasing an additional 55,935,415 shares during the period. Benjamin Edwards Inc. boosted its stake in shares of Roper Technologies by 13.9% in the second quarter. Benjamin Edwards Inc. now owns 2,174 shares of the industrial products company’s stock valued at $736,000 after buying an additional 265 shares during the period. GTS Securities LLC boosted its stake in shares of Roper Technologies by 41.9% in the second quarter. GTS Securities LLC now owns 1,237 shares of the industrial products company’s stock valued at $419,000 after buying an additional 365 shares during the period. Alyeska Investment Group L.P. acquired a new stake in Roper Technologies during the second quarter worth approximately $68,276,000. Finally, Greenleaf Trust increased its stake in Roper Technologies by 3.4% during the 2nd quarter. Greenleaf Trust now owns 41,019 shares of the industrial products company’s stock worth $13,880,000 after acquiring an additional 1,338 shares during the period. 93.31% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP John Stipancich sold 2,000 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $379.05, for a total value of $758,100.00. Following the completion of the transaction, 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard 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 in the company, valued at approximately $2,679,703. The trade was 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 Stock Down 2.9%

NASDAQ ROP opened at $395.65 on Wednesday. The business has a fifty day moving average price of $387.19 and a two-hundred day moving average price of $358.97. The stock has a market capitalization of $39.13 billion, a PE ratio of 16.39, a PEG ratio of 2.04 and a beta of 0.75. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $524.90. 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 (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 the consensus estimate 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 for the quarter. During the same quarter in the previous year, the business posted $4.87 EPS. The company’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. Equities analysts expect that Roper Technologies, Inc. will post 22.22 earnings per share 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. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.91 per share. The ex-dividend date of this dividend is Friday, October 2nd. 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

Several equities analysts have weighed in on the company. Robert W. Baird set a $480.00 price objective on Roper Technologies in a report on Friday, July 24th. Royal Bank Of Canada reissued a “sector perform” rating and set a $417.00 target price on shares of Roper Technologies in a report on Tuesday, August 18th. Piper Sandler decreased their price target on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. BMO Capital Markets initiated coverage on shares of Roper Technologies in a research report on Friday, July 10th. They set a “market perform” rating and a $393.00 price objective for the company. Finally, JPMorgan Chase & Co. increased their price objective on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 29th. Seven research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $466.94.

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.