North Star Asset Management Inc. Makes New $13.22 Million Investment in Roper Technologies, Inc. $ROP

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

A number of other large investors have also recently modified their holdings of ROP. BlackRock Inc. purchased a new position in shares of Roper Technologies during the 2nd quarter worth approximately $3,346,912,000. State Street Corp lifted its stake in shares of Roper Technologies by 2.1% in the 4th 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 period. Geode Capital Management LLC boosted its position in shares of Roper Technologies by 0.9% during 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 in the last quarter. Norges Bank purchased a new stake in Roper Technologies in the fourth quarter worth $1,112,873,000. Finally, Invesco Ltd. grew its stake in Roper Technologies by 11.0% in the fourth quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock worth $828,821,000 after purchasing an additional 184,644 shares during the period. Institutional investors own 93.31% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on ROP. Argus raised Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price objective for the company in a research report on Thursday, August 6th. JPMorgan Chase & Co. upped their target price on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 29th. Zacks Research lowered shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Robert W. Baird set a $480.00 price target on shares of Roper Technologies in a research report on Friday, July 24th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $417.00 price objective on shares of Roper Technologies in a report on Tuesday, August 18th. Seven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Roper Technologies currently has an average rating of “Hold” and an average price target of $466.94.

Insider Transactions at Roper Technologies

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction dated 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 completion of the sale, the director directly owned 7,423 shares in the company, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of Roper Technologies stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction of $758,100.00. Following the completion of the transaction, the executive vice president directly owned 35,634 shares of the company’s stock, valued at $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is currently owned by company insiders.

Roper Technologies Stock Up 2.3%

Shares of NASDAQ:ROP opened at $422.69 on Friday. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. The stock has a fifty day simple moving average of $374.04 and a two-hundred day simple moving average of $354.20. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $532.18. The stock has a market capitalization of $41.80 billion, a price-to-earnings ratio of 17.51, a PEG ratio of 1.86 and a beta of 0.74.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, topping 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 firm had revenue of $2.11 billion for the quarter. During the same period in the prior year, the company posted $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, research 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 disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors 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 yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd. Roper Technologies’s dividend payout ratio is 15.08%.

Roper Technologies Company 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.