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

Roper Technologies, Inc. (NASDAQ:ROP) Director Richard Wallman sold 6,434 shares of the business’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 transaction of $2,322,674.00. Following 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 4.4%

ROP stock opened at $408.07 on Thursday. The company has a 50 day moving average of $344.11 and a two-hundred day moving average of $352.95. The company has a market cap of $41.18 billion, a price-to-earnings ratio of 16.90, a PEG ratio of 1.76 and a beta of 0.76. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $564.68. 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 posted its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 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 business had revenue of $2.11 billion for the quarter. During the same quarter in the prior year, the firm earned $4.87 earnings per share. The company’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 analysts anticipate that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ROP. JPMorgan Chase & Co. raised their price target on Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a research note on Wednesday. Barclays lowered their price target on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research note on Friday, April 24th. Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Raymond James Financial lowered shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday, July 22nd. Finally, Robert W. Baird set a $480.00 target price on shares of Roper Technologies in a research note on Friday, July 24th. Six equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $468.00.

Institutional Trading of Roper Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in ROP. Vanguard Group Inc. raised its stake in shares of Roper Technologies by 12.5% in the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock valued at $5,553,932,000 after acquiring an additional 1,384,656 shares in the last quarter. State Street Corp grew its holdings in Roper Technologies by 2.1% during the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock valued at $2,266,604,000 after purchasing an additional 105,250 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Roper Technologies by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock valued at $1,172,099,000 after purchasing an additional 22,335 shares during the period. Norges Bank bought a new stake in shares of Roper Technologies during the 4th quarter worth $1,112,873,000. Finally, Invesco Ltd. grew its stake in Roper Technologies by 11.0% in the 4th quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock valued at $828,821,000 after buying an additional 184,644 shares during the last quarter. Institutional investors and hedge funds own 93.31% 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.