Roper Technologies (NASDAQ:ROP) Director Richard Wallman Sells 6,434 Shares of Stock

Roper Technologies, Inc. (NASDAQ:ROP) Director Richard Wallman sold 6,434 shares of the firm’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 completion of the transaction, the director directly owned 7,423 shares in the company, valued at $2,679,703. The trade was a 46.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Roper Technologies Stock Up 4.2%

ROP opened at $390.92 on Wednesday. The firm has a market cap of $39.45 billion, a P/E ratio of 16.19, a price-to-earnings-growth ratio of 1.69 and a beta of 0.76. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. The business has a 50 day moving average price of $342.41 and a 200 day moving average price of $353.14. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $564.68.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, topping analysts’ consensus estimates of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The firm had revenue of $2.11 billion during the quarter. During the same period in the prior year, the firm earned $4.87 EPS. The firm’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. Research analysts forecast that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were paid a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, July 8th. Roper Technologies’s dividend payout ratio is presently 15.08%.

Institutional Trading of Roper Technologies

Hedge funds have recently modified their holdings of the company. Triumph Capital Management acquired a new position in Roper Technologies during the third quarter valued at approximately $25,000. Private Wealth Management Group LLC raised its holdings in Roper Technologies by 195.8% in the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 47 shares during the period. Tucker Asset Management LLC bought a new position in shares of Roper Technologies during the fourth quarter worth $33,000. Kelleher Financial Advisors acquired a new position in shares of Roper Technologies in the 3rd quarter valued at $40,000. Finally, MV Capital Management Inc. bought a new stake in shares of Roper Technologies in the 4th quarter valued at $41,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on ROP. Mizuho set a $355.00 target price on Roper Technologies in a research note on Tuesday, July 21st. Barclays reduced their target price on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a report on Friday, April 24th. Piper Sandler decreased their price objective on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. Raymond James Financial lowered 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 shares of Roper Technologies in a research note on Friday, July 10th. They issued a “market perform” rating and a $393.00 target price on the stock. Six analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $466.88.

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.