Legal & General Group Plc Buys Shares of 613,959 Roper Technologies, Inc. $ROP

Legal & General Group Plc bought a new position in Roper Technologies, Inc. (NASDAQ:ROP) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 613,959 shares of the industrial products company’s stock, valued at approximately $207,758,000. Legal & General Group Plc owned about 0.62% of Roper Technologies as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brown Brothers Harriman & Co. grew its holdings in shares of Roper Technologies by 1.0% in the third quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock valued at $1,115,000 after purchasing an additional 23 shares during the period. SeaCrest Wealth Management LLC raised its stake in Roper Technologies by 6.2% during the third quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock worth $223,000 after purchasing an additional 25 shares during the period. Gulf International Bank UK Ltd boosted its holdings in Roper Technologies by 0.5% in the 4th quarter. Gulf International Bank UK Ltd now owns 5,377 shares of the industrial products company’s stock valued at $2,393,000 after purchasing an additional 29 shares during the last quarter. Paragon Capital Management Inc. boosted its holdings in Roper Technologies by 0.9% in the 1st quarter. Paragon Capital Management Inc. now owns 3,200 shares of the industrial products company’s stock valued at $1,132,000 after purchasing an additional 29 shares during the last quarter. Finally, MGO One Seven LLC grew its stake in shares of Roper Technologies by 0.9% in the 4th quarter. MGO One Seven LLC now owns 3,392 shares of the industrial products company’s stock valued at $1,510,000 after buying an additional 31 shares during the period. Institutional investors and hedge funds own 93.31% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Robert W. Baird set a $480.00 price target on shares of Roper Technologies in a research report on Friday, July 24th. BMO Capital Markets assumed coverage on Roper Technologies in a research report on Friday, July 10th. They issued a “market perform” rating and a $393.00 price objective for the company. Mizuho set a $355.00 target price on Roper Technologies in a research report on Tuesday, July 21st. Piper Sandler decreased their price target on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. Finally, JPMorgan Chase & Co. increased their price target on Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a report on Wednesday, July 29th. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $466.94.

Roper Technologies Stock Down 0.0%

NASDAQ:ROP opened at $413.28 on Thursday. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $532.18. The stock’s fifty day moving average is $372.19 and its two-hundred day moving average is $353.78. The stock has a market capitalization of $40.87 billion, a price-to-earnings ratio of 17.12, a price-to-earnings-growth ratio of 1.86 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.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share 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 during the quarter. During the same period in the previous year, the firm posted $4.87 earnings per share. The company’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. Research analysts anticipate that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Dividend Announcement

The firm 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 dividend of $0.91 per share. 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 currently 15.08%.

Insider Activity 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 value 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 approximately $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction that occurred 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 sale, the director directly owned 7,423 shares in the company, valued at approximately $2,679,703. The trade was a 46.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.80% of the company’s stock.

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.