1,585 Shares in Roper Technologies, Inc. $ROP Purchased by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. purchased a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,585 shares of the industrial products company’s stock, valued at approximately $536,000.

A number of other hedge funds also recently modified their holdings of the company. Tema ETFs LLC lifted its position in shares of Roper Technologies by 34.3% in the 2nd quarter. Tema ETFs LLC now owns 2,148 shares of the industrial products company’s stock worth $727,000 after acquiring an additional 549 shares during the period. Handelsbanken Fonder AB increased its position in shares of Roper Technologies by 12.0% during the second quarter. Handelsbanken Fonder AB now owns 38,759 shares of the industrial products company’s stock valued at $13,116,000 after purchasing an additional 4,160 shares during the period. Fulton Bank N.A. raised its stake in shares of Roper Technologies by 23.5% in the second quarter. Fulton Bank N.A. now owns 8,623 shares of the industrial products company’s stock valued at $2,918,000 after purchasing an additional 1,642 shares in the last quarter. Everhart Financial Group Inc. bought a new position in Roper Technologies in the second quarter worth $213,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in Roper Technologies by 9.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 689 shares of the industrial products company’s stock worth $233,000 after purchasing an additional 59 shares during the period. Institutional investors own 93.31% of the company’s stock.

Insider Transactions at Roper Technologies

In other news, EVP John K. Stipancich sold 2,000 shares of the firm’s stock in a transaction that occurred 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 owned 35,634 shares of the company’s stock, valued at approximately $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Richard F. Wallman sold 6,434 shares of Roper Technologies 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 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 position. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

ROP has been the topic of several analyst reports. Zacks Research lowered shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. BMO Capital Markets started coverage on shares of Roper Technologies in a report on Friday, July 10th. They set a “market perform” rating and a $393.00 price objective for the company. Royal Bank Of Canada lifted their target price on shares of Roper Technologies from $407.00 to $417.00 and gave the company a “sector perform” rating in a research report on Friday, July 24th. 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 note on Thursday, August 6th. Finally, Barclays dropped their price target on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. Seven analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $466.94.

Roper Technologies Price Performance

Shares of ROP stock opened at $389.71 on Tuesday. The stock’s fifty day simple moving average is $361.61 and its 200 day simple moving average is $351.40. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $544.94. The firm has a market cap of $38.54 billion, a price-to-earnings ratio of 16.14, a P/E/G ratio of 1.80 and a beta of 0.73. 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 released its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business’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 earnings per share. 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, analysts expect that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a dividend of $0.91 per share. 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 dividend payout ratio (DPR) is currently 15.08%.

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.