Kelly Lawrence W & Associates Inc. CA Buys New Stake in Roper Technologies, Inc. $ROP

Kelly Lawrence W & Associates Inc. CA purchased a new position in Roper Technologies, Inc. (NASDAQ:ROP) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 27,239 shares of the industrial products company’s stock, valued at approximately $9,217,000. Roper Technologies comprises approximately 2.0% of Kelly Lawrence W & Associates Inc. CA’s investment portfolio, making the stock its 19th biggest position.

A number of other large investors have also made changes to their positions in ROP. Empire Life Investments Inc. grew its stake in Roper Technologies by 38.5% during the 4th quarter. Empire Life Investments Inc. now owns 45,517 shares of the industrial products company’s stock worth $20,261,000 after buying an additional 12,645 shares during the last quarter. Horizon Investments LLC raised its stake in Roper Technologies by 94.7% in the fourth quarter. Horizon Investments LLC now owns 9,519 shares of the industrial products company’s stock valued at $4,229,000 after buying an additional 4,629 shares during the last quarter. Vanguard Group Inc. boosted its holdings 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 acquiring an additional 1,384,656 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Roper Technologies by 31.6% during the fourth quarter. BNP Paribas Financial Markets now owns 444,950 shares of the industrial products company’s stock worth $198,061,000 after acquiring an additional 106,902 shares during the last quarter. Finally, Barclays PLC grew its stake in shares of Roper Technologies by 13.3% during the fourth quarter. Barclays PLC now owns 454,806 shares of the industrial products company’s stock worth $202,448,000 after acquiring an additional 53,359 shares during the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently commented on ROP shares. Robert W. Baird set a $480.00 price objective on shares of Roper Technologies in a research report on Friday, July 24th. BMO Capital Markets assumed coverage on shares of Roper Technologies in a research report on Friday, July 10th. They set a “market perform” rating and a $393.00 target price on the stock. Weiss Ratings upgraded shares of Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 14th. Argus raised shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target for the company in a report on Thursday, August 6th. Finally, Mizuho set a $355.00 price objective on shares of Roper Technologies in a research note on Tuesday, July 21st. Seven investment 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’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $466.94.

Insiders Place Their Bets

In other news, EVP John K. Stipancich sold 2,000 shares of the stock in a transaction on Monday, July 27th. The shares were sold at an average price of $379.05, for a total value of $758,100.00. Following the sale, the executive vice president owned 35,634 shares in the company, valued at $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 is available through the SEC website. Also, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction on 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 trade represents a 46.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is owned by corporate insiders.

Roper Technologies Trading Up 0.9%

Shares of NASDAQ:ROP opened at $415.51 on Tuesday. Roper Technologies, Inc. has a 52-week low of $305.96 and a 52-week high of $536.57. The stock has a market cap of $41.09 billion, a price-to-earnings ratio of 17.21, a PEG ratio of 1.85 and a beta of 0.74. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57. The business has a 50-day moving average price of $369.01 and a 200-day moving average price of $352.96.

Roper Technologies (NASDAQ:ROP) last issued its earnings results 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 firm had revenue of $2.11 billion for the quarter. During the same quarter in the prior year, the company earned $4.87 EPS. Roper Technologies’s quarterly 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. Equities analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Announces Dividend

The firm also recently disclosed 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. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd. Roper Technologies’s dividend payout ratio is 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.