3,158 Shares in Roper Technologies, Inc. $ROP Acquired by Dearborn Partners LLC

Key Points

• Dearborn Partners initiated a position in Roper Technologies, purchasing 3,158 shares valued at approximately $1.07 million. Institutional investors collectively own 93.31% of the company.
• Roper reported quarterly earnings of $5.38 per share, exceeding estimates of $5.29, while revenue rose 8.5% year over year to $2.11 billion. Analysts maintain a consensus “Hold” rating with an average price target of $466.94.
• The company declared a quarterly dividend of $0.91 per share, equivalent to an annualized payout of $3.64 and a 0.9% yield.

Dearborn Partners LLC purchased a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,158 shares of the industrial products company's stock, valued at approximately $1,069,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in Roper Technologies during the 2nd quarter worth $3,346,912,000. State Street Corp raised its holdings in shares of Roper Technologies by 2.1% in the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company's stock valued at $2,266,604,000 after buying an additional 105,250 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Roper Technologies by 0.9% in 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 buying an additional 22,335 shares during the last quarter. Norges Bank acquired a new stake in shares of Roper Technologies during the fourth quarter worth about $1,112,873,000. Finally, Invesco Ltd. grew its holdings in shares of Roper Technologies by 11.0% during the fourth quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company's stock worth $828,821,000 after buying an additional 184,644 shares during the last quarter. Hedge funds and other institutional investors own 93.31% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Zacks Research downgraded Roper Technologies from a "strong-buy" rating to a "hold" rating in a research note on Thursday, June 25th. Weiss Ratings upgraded Roper Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, August 14th. Piper Sandler dropped their target price on Roper Technologies from $540.00 to $526.00 and set an "overweight" rating on the stock in a report on Friday, July 24th. JPMorgan Chase & Co. increased their price target on Roper Technologies from $397.00 to $415.00 and gave the stock an "underweight" rating in a report on Wednesday, July 29th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating and issued a $417.00 price objective on shares of Roper Technologies in a research report on Tuesday, August 18th. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Roper Technologies has an average rating of "Hold" and a consensus price target of $466.94.

Roper Technologies Stock Up 2.3%

ROP opened at $422.69 on Friday. The firm has a 50 day moving average price of $374.04 and a 200 day moving average price of $354.20. The company has a market cap of $41.80 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 1.86 and a beta of 0.74. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $532.18. 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 announced its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating analysts' consensus estimates of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The firm had revenue of $2.11 billion for the quarter. During the same period last year, the firm earned $4.87 earnings per share. The company's quarterly 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. Sell-side analysts expect that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Announces Dividend

The business 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 $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, October 2nd. Roper Technologies's dividend payout ratio is currently 15.08%.

Insider Activity

In other Roper Technologies news, EVP John K. Stipancich sold 2,000 shares of the firm's stock in a transaction dated 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. This trade represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard F. Wallman sold 6,434 shares of the business's stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $361.00, for a total value of $2,322,674.00. Following the transaction, the director owned 7,423 shares in the company, valued at approximately $2,679,703. This represents a 46.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.80% of the company's stock.

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.

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