135,000 Shares in Roper Technologies, Inc. $ROP Purchased by Wishbone Management LP

Wishbone Management LP acquired a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 135,000 shares of the industrial products company’s stock, valued at approximately $45,682,650. Roper Technologies makes up approximately 0.0% of Wishbone Management LP’s investment portfolio, making the stock its 3rd biggest position. Wishbone Management LP owned approximately 0.14% of Roper Technologies as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ROP. Vanguard Group Inc. lifted its holdings in Roper Technologies by 12.5% during the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after buying an additional 1,384,656 shares during the last quarter. BlackRock Inc. acquired a new position in Roper Technologies during the 2nd quarter worth $3,346,912,000. State Street Corp raised 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 buying an additional 105,250 shares during the period. Geode Capital Management LLC grew its holdings in 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 worth $1,172,099,000 after purchasing an additional 22,335 shares during the period. Finally, Norges Bank acquired a new stake in Roper Technologies during the fourth quarter worth about $1,112,873,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Insider Buying and Selling

In other news, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $379.05, for a total value of $758,100.00. Following the completion of the transaction, the executive vice president directly owned 35,634 shares in the company, valued at approximately $13,507,067.70. This represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 transaction of $2,322,674.00. Following the sale, the director owned 7,423 shares in the company, valued at $2,679,703. This represents a 46.43% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on ROP shares. Weiss Ratings raised Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 14th. BMO Capital Markets assumed coverage on Roper Technologies in a research note on Friday, July 10th. They set a “market perform” rating and a $393.00 target price on the stock. Raymond James Financial downgraded shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd. Piper Sandler reduced their price target on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Finally, Mizuho set a $355.00 price objective on shares of Roper Technologies in a research note on Tuesday, July 21st. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $466.94.

Roper Technologies Stock Up 0.8%

Shares of NASDAQ ROP traded up $3.28 during trading on Friday, hitting $425.97. The stock had a trading volume of 252,004 shares, compared to its average volume of 1,282,378. Roper Technologies, Inc. has a 12 month low of $305.96 and a 12 month high of $532.18. The company has a market capitalization of $42.13 billion, a PE ratio of 17.65, a PEG ratio of 1.86 and a beta of 0.74. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51. The firm has a fifty day moving average of $374.04 and a two-hundred day moving average of $354.20.

Roper Technologies (NASDAQ:ROP) last issued its quarterly 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 firm earned $4.87 earnings per share. The business’s revenue for the quarter 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. As a group, equities research analysts forecast that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd. Roper Technologies’s dividend payout ratio (DPR) is presently 15.08%.

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.