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

Key Points

• Wishbone Management LP bought 135,000 shares of Roper Technologies in the second quarter, making the stock its third-largest holding at approximately 19.7% of its portfolio and about 0.14% of Roper’s outstanding shares.
• Roper reported quarterly EPS of $5.38, exceeding estimates of $5.29, while revenue rose 8.5% year over year to $2.11 billion. The company issued fiscal 2026 EPS guidance of $22.15–$22.30.
• The company declared a quarterly dividend of $0.91 per share, equivalent to an annualized $3.64 and a 0.9% yield. Analysts maintain a consensus “Hold” rating with an average price target of $466.94.

Wishbone Management LP bought a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 135,000 shares of the industrial products company's stock, valued at approximately $45,682,650,000. Roper Technologies makes up approximately 19.7% of Wishbone Management LP's investment portfolio, making the stock its 3rd largest position. Wishbone Management LP owned about 0.14% of Roper Technologies at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Empire Life Investments Inc. raised its position in Roper Technologies by 38.5% in the 4th quarter. Empire Life Investments Inc. now owns 45,517 shares of the industrial products company's stock valued at $20,261,000 after buying an additional 12,645 shares during the last quarter. Horizon Investments LLC boosted its position in Roper Technologies by 94.7% during the 4th quarter. Horizon Investments LLC now owns 9,519 shares of the industrial products company's stock worth $4,229,000 after acquiring an additional 4,629 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of 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 acquiring an additional 1,384,656 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Roper Technologies by 31.6% during the 4th quarter. BNP Paribas Financial Markets now owns 444,950 shares of the industrial products company's stock worth $198,061,000 after acquiring an additional 106,902 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of Roper Technologies by 13.3% in the fourth quarter. Barclays PLC now owns 454,806 shares of the industrial products company's stock valued at $202,448,000 after purchasing an additional 53,359 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors.

Roper Technologies Stock Performance

NASDAQ ROP opened at $415.51 on Tuesday. The firm has a market capitalization of $41.09 billion, a P/E ratio of 17.21, a price-to-earnings-growth ratio of 1.85 and a beta of 0.74. 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 firm's fifty day moving average price is $369.01 and its two-hundred day moving average price is $352.96. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $536.57.

Roper Technologies (NASDAQ:ROP - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating analysts' consensus estimates of $5.29 by $0.09. The company 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 business's revenue was up 8.5% on a year-over-year basis. During the same period last year, the business earned $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. As a group, research analysts anticipate that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a yield of 0.9%. Roper Technologies's dividend payout ratio (DPR) is presently 15.08%.

Insider Buying and Selling

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

Analyst Ratings Changes

Several research analysts recently commented on ROP shares. Robert W. Baird set a $480.00 target price on shares of Roper Technologies in a report on Friday, July 24th. Zacks Research lowered shares of Roper Technologies from a "strong-buy" rating to a "hold" rating in a research note on Thursday, June 25th. Argus raised shares of Roper Technologies from a "hold" rating to a "buy" rating and set a $450.00 price target on the stock in a research report on Thursday, August 6th. BMO Capital Markets began coverage on shares of Roper Technologies in a research note on Friday, July 10th. They set a "market perform" rating and a $393.00 price objective for the company. Finally, Weiss Ratings upgraded Roper Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday, August 14th. Seven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $466.94.

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.

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