Plato Investment Management Ltd acquired a new stake in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) in the second quarter, according to its most recent filing with the SEC. The fund acquired 3,270 shares of the industrial products company’s stock, valued at approximately $1,100,000.
Several other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in shares of 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 valued at $5,553,932,000 after acquiring an additional 1,384,656 shares during the period. State Street Corp increased its holdings in Roper Technologies by 2.1% during the 4th quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock worth $2,266,604,000 after acquiring an additional 105,250 shares during the period. Geode Capital Management LLC lifted its stake in Roper Technologies by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after purchasing an additional 22,335 shares in the last quarter. Norges Bank purchased a new stake in Roper Technologies in the 4th quarter worth approximately $1,112,873,000. Finally, Invesco Ltd. boosted its holdings 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 purchasing an additional 184,644 shares during the period. Institutional investors own 93.31% of the company’s stock.
Insider Activity at Roper Technologies
In other Roper Technologies news, EVP John K. Stipancich sold 2,000 shares of Roper Technologies stock in a transaction that occurred 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 transaction, the executive vice president directly owned 35,634 shares of the company’s stock, valued at $13,507,067.70. The trade was a 5.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard F. 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 value of $2,322,674.00. Following the completion of the sale, the director owned 7,423 shares of the company’s stock, valued at $2,679,703. The trade was a 46.43% decrease in their position. The SEC filing for this sale provides additional information. 0.80% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Report on ROP
Roper Technologies Price Performance
ROP stock opened at $394.17 on Wednesday. The firm has a market cap of $38.98 billion, a P/E ratio of 16.33, a P/E/G ratio of 1.80 and a beta of 0.73. The firm’s fifty day moving average is $362.79 and its 200 day moving average is $351.64. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $544.94. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55.
Roper Technologies (NASDAQ:ROP – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, topping 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 during the quarter. During the same period in the prior year, the firm earned $4.87 earnings per share. The business’s revenue for the quarter 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 predict that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.
Roper Technologies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a dividend of $0.91 per share. The ex-dividend date is Friday, October 2nd. This represents a $3.64 annualized dividend and a yield of 0.9%. Roper Technologies’s dividend payout ratio is currently 15.08%.
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.
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