North Star Asset Management Inc. Invests $13.22 Million in Roper Technologies, Inc. $ROP

North Star Asset Management Inc. acquired a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 39,077 shares of the industrial products company’s stock, valued at approximately $13,223,000.

Several other large investors also recently bought and sold shares of the business. Brown Brothers Harriman & Co. raised its position in Roper Technologies by 1.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock worth $1,115,000 after buying an additional 23 shares during the last quarter. SeaCrest Wealth Management LLC boosted its holdings in shares of Roper Technologies by 6.2% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock valued at $223,000 after acquiring an additional 25 shares during the last quarter. Gulf International Bank UK Ltd grew its stake in shares of Roper Technologies by 0.5% in the fourth quarter. Gulf International Bank UK Ltd now owns 5,377 shares of the industrial products company’s stock worth $2,393,000 after acquiring an additional 29 shares during the period. Paragon Capital Management Inc. grew its stake in shares of Roper Technologies by 0.9% in the first quarter. Paragon Capital Management Inc. now owns 3,200 shares of the industrial products company’s stock worth $1,132,000 after acquiring an additional 29 shares during the period. Finally, MGO One Seven LLC raised its holdings in shares of Roper Technologies by 0.9% during the fourth quarter. MGO One Seven LLC now owns 3,392 shares of the industrial products company’s stock valued at $1,510,000 after purchasing an additional 31 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors.

Roper Technologies Price Performance

Shares of NASDAQ:ROP opened at $422.69 on Friday. 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 stock has a market capitalization of $41.80 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 1.86 and a beta of 0.74. The firm’s 50 day moving average price is $374.04 and its 200-day moving average price is $354.20. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $532.18.

Roper Technologies (NASDAQ:ROP) 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 company had revenue of $2.11 billion during the quarter. During the same quarter last year, the firm posted $4.87 earnings per share. The business’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. Equities research analysts expect 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 paid 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 is Friday, October 2nd. Roper Technologies’s dividend payout ratio (DPR) is currently 15.08%.

Insiders Place Their Bets

In other news, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction on Monday, July 27th. The stock was 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 directly owned 35,634 shares in the company, valued at $13,507,067.70. This represents a 5.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 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 value of $2,322,674.00. Following the completion of the transaction, the director directly owned 7,423 shares in the company, valued at approximately $2,679,703. This represents a 46.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.80% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on ROP. Robert W. Baird set a $480.00 target price on shares of Roper Technologies in a report on Friday, July 24th. JPMorgan Chase & Co. boosted their target price on shares of Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research note on Wednesday, July 29th. Royal Bank Of Canada reissued a “sector perform” rating and set a $417.00 price target on shares of Roper Technologies in a report on Tuesday, August 18th. Piper Sandler dropped 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, 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. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $466.94.

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.