3,243 Shares in Roper Technologies, Inc. $ROP Acquired by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. acquired a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the second quarter, HoldingsChannel reports. The institutional investor acquired 3,243 shares of the industrial products company’s stock, valued at approximately $1,097,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC bought a new position in Roper Technologies in the 4th quarter worth about $203,000. Empowered Funds LLC increased its stake in Roper Technologies by 11.7% during the 1st quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company’s stock valued at $1,832,000 after purchasing an additional 326 shares in the last quarter. Cary Street Partners Financial LLC purchased a new position in Roper Technologies in the second quarter worth about $137,000. Nebula Research & Development LLC bought a new position in shares of Roper Technologies in the second quarter worth approximately $977,000. Finally, Sei Investments Co. lifted its stake in shares of Roper Technologies by 22.6% in the second quarter. Sei Investments Co. now owns 61,621 shares of the industrial products company’s stock worth $34,928,000 after buying an additional 11,372 shares in the last quarter. 93.31% of the stock is owned by institutional investors.

Roper Technologies Stock Up 3.3%

Shares of Roper Technologies stock opened at $407.32 on Thursday. The company has a market cap of $40.28 billion, a price-to-earnings ratio of 16.87, a price-to-earnings-growth ratio of 1.77 and a beta of 0.74. The company’s 50 day moving average is $364.25 and its 200 day moving average is $351.94. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $544.94. 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 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. The business had revenue of $2.11 billion during the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period last year, the firm posted $4.87 EPS. 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 anticipate that Roper Technologies, Inc. will post 22.22 EPS for the current 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 issued a $0.91 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. Roper Technologies’s payout ratio is presently 15.08%.

Analyst Ratings Changes

ROP has been the subject of several analyst reports. 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. Argus upgraded Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price on the stock in a research note on Thursday, August 6th. Mizuho set a $355.00 target price on Roper Technologies in a report on Tuesday, July 21st. Robert W. Baird set a $480.00 price target on Roper Technologies in a research note on Friday, July 24th. Finally, Weiss Ratings raised Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 14th. 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, the company has an average rating of “Hold” and an average target price of $466.94.

Insiders Place Their Bets

In related news, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction on Friday, July 24th. The stock was 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 owned 7,423 shares in the company, valued at approximately $2,679,703. This represents a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John K. Stipancich sold 2,000 shares of the stock in a transaction dated 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 position. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is currently owned by corporate insiders.

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.