E. Ohman J or Asset Management AB trimmed its stake in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 27.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,901 shares of the industrial products company’s stock after selling 1,470 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Roper Technologies were worth $1,320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also made changes to their positions in the company. Private Wealth Management Group LLC increased its stake in Roper Technologies by 195.8% in the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after buying an additional 47 shares during the period. Triumph Capital Management acquired a new stake in shares of Roper Technologies during the 3rd quarter valued at $25,000. Tucker Asset Management LLC purchased a new position in shares of Roper Technologies during the 4th quarter valued at $33,000. Global Assets Advisory LLC acquired a new position in shares of Roper Technologies in the first quarter worth $36,000. Finally, Kelleher Financial Advisors acquired a new position in shares of Roper Technologies in the third quarter worth $40,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
ROP has been the subject of a number of research reports. Barclays reduced their price objective on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. Robert W. Baird set a $480.00 price target on Roper Technologies in a research note on Friday, July 24th. Piper Sandler reduced their price target on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a report on Friday, July 24th. Weiss Ratings reissued a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Finally, Mizuho set a $355.00 price objective on Roper Technologies in a report on Tuesday, July 21st. Seven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $466.94.
Roper Technologies Price Performance
Shares of NASDAQ:ROP opened at $399.50 on Wednesday. The stock has a market capitalization of $39.51 billion, a P/E ratio of 16.55, a P/E/G ratio of 1.82 and a beta of 0.74. The business has a 50-day moving average of $356.57 and a two-hundred day moving average of $351.48. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $544.94. 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 – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating analysts’ consensus estimates of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The business had revenue of $2.11 billion for the quarter. During the same period in the prior year, the company posted $4.87 EPS. The business’s revenue 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. On average, equities research analysts predict that Roper Technologies, Inc. will post 22.22 EPS 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. Stockholders of record on Friday, October 2nd will be given a $0.91 dividend. The ex-dividend date of this dividend 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 (DPR) is currently 15.08%.
Insiders Place Their Bets
In other Roper Technologies news, EVP John K. Stipancich sold 2,000 shares of the business’s stock in a transaction 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 transaction, the executive vice president owned 35,634 shares of the company’s stock, valued at $13,507,067.70. The trade was a 5.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction dated 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 sale, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is currently owned by insiders.
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.
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