E Fund Management Co. Ltd. Acquires New Position in Roper Technologies, Inc. $ROP

E Fund Management Co. Ltd. bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,287 shares of the industrial products company’s stock, valued at approximately $2,127,000.

Several other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. increased its position in Roper Technologies by 12.5% in the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after buying an additional 1,384,656 shares during the period. BlackRock Inc. acquired a new position in shares of Roper Technologies during the second quarter valued at $3,346,912,000. State Street Corp grew its position in shares of Roper Technologies by 2.1% during the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock worth $2,266,604,000 after acquiring an additional 105,250 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Roper Technologies by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after acquiring an additional 22,335 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Roper Technologies in the 4th quarter worth about $1,112,873,000. Institutional investors own 93.31% of the company’s stock.

Insiders Place Their Bets

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of the company’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 value of $2,322,674.00. Following the transaction, the director owned 7,423 shares in the company, valued at approximately $2,679,703. This represents a 46.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John K. Stipancich sold 2,000 shares of the stock in a transaction that occurred on 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 sale, the executive vice president 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 SEC filing for this sale provides additional information. 0.80% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on ROP. Mizuho set a $355.00 price target on shares of Roper Technologies in a research note on Tuesday, July 21st. Weiss Ratings upgraded Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 14th. Argus raised Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price objective for the company in a report on Thursday, August 6th. Raymond James Financial cut Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday, July 22nd. Finally, 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 target price on the stock. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $466.94.

Roper Technologies Stock Performance

Shares of NASDAQ ROP opened at $407.32 on Thursday. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $544.94. The firm has a market cap of $40.28 billion, a P/E ratio of 16.87, a PEG ratio of 1.77 and a beta of 0.74. The stock has a fifty day moving average price of $364.25 and a two-hundred day moving average price of $351.94. 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:ROP) last posted its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating the consensus estimate of $5.29 by $0.09. The company had revenue of $2.11 billion during the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the business posted $4.87 EPS. 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. Research analysts forecast that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be issued a $0.91 dividend. The ex-dividend date is Friday, October 2nd. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. Roper Technologies’s dividend payout ratio is presently 15.08%.

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.