Van Hulzen Asset Management LLC bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) in the second quarter, HoldingsChannel.com reports. The firm bought 23,226 shares of the industrial products company’s stock, valued at approximately $7,859,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Empire Life Investments Inc. grew its position in Roper Technologies by 38.5% during the fourth quarter. Empire Life Investments Inc. now owns 45,517 shares of the industrial products company’s stock valued at $20,261,000 after buying an additional 12,645 shares during the period. Horizon Investments LLC boosted its stake in shares of Roper Technologies by 94.7% during the 4th quarter. Horizon Investments LLC now owns 9,519 shares of the industrial products company’s stock worth $4,229,000 after acquiring an additional 4,629 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Roper Technologies by 12.5% during the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after acquiring an additional 1,384,656 shares during the last quarter. BNP Paribas Financial Markets grew its position in shares of Roper Technologies by 31.6% during the 4th quarter. BNP Paribas Financial Markets now owns 444,950 shares of the industrial products company’s stock valued at $198,061,000 after acquiring an additional 106,902 shares during the period. Finally, Barclays PLC increased its stake in shares of Roper Technologies by 13.3% in the 4th quarter. Barclays PLC now owns 454,806 shares of the industrial products company’s stock worth $202,448,000 after purchasing an additional 53,359 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.
Insider Buying and Selling at Roper Technologies
In other news, EVP John K. Stipancich sold 2,000 shares of the firm’s 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 sale, the executive vice president owned 35,634 shares in the company, valued at approximately $13,507,067.70. This trade represents a 5.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard F. Wallman sold 6,434 shares of Roper Technologies stock in a transaction dated 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 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. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.80% of the company’s stock.
Roper Technologies Stock Performance
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced 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 for the quarter. During the same quarter in the prior year, the company posted $4.87 earnings per share. The firm’s quarterly 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. On average, research analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.
Roper Technologies Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be paid a $0.91 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. Roper Technologies’s dividend payout ratio is currently 15.08%.
Wall Street Analyst Weigh In
Several research firms recently weighed in on ROP. Raymond James Financial downgraded Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday, July 22nd. Argus raised Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price objective on the stock in a research report on Thursday, August 6th. BMO Capital Markets assumed coverage on Roper Technologies in a research note on Friday, July 10th. They set a “market perform” rating and a $393.00 price objective for the company. Royal Bank Of Canada reissued a “sector perform” rating and issued a $417.00 target price on shares of Roper Technologies in a report on Tuesday, August 18th. Finally, Zacks Research downgraded shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Seven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $466.94.
Check Out Our Latest Stock Report on Roper Technologies
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.
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