50,663 Shares in Roper Technologies, Inc. $ROP Bought by Korea Investment CORP

Korea Investment CORP acquired a new stake in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 50,663 shares of the industrial products company's stock, valued at approximately $17,144,000. Korea Investment CORP owned approximately 0.05% of Roper Technologies as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ROP. Brown Brothers Harriman & Co. lifted its holdings in shares of Roper Technologies by 1.0% in the third quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company's stock worth $1,115,000 after acquiring an additional 23 shares during the last quarter. SeaCrest Wealth Management LLC grew its holdings in shares of Roper Technologies by 6.2% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company's stock valued at $223,000 after purchasing an additional 25 shares during the last quarter. Gulf International Bank UK Ltd increased its position in Roper Technologies by 0.5% during the 4th quarter. Gulf International Bank UK Ltd now owns 5,377 shares of the industrial products company's stock worth $2,393,000 after purchasing an additional 29 shares in the last quarter. Paragon Capital Management Inc. increased its position in Roper Technologies by 0.9% during the 1st quarter. Paragon Capital Management Inc. now owns 3,200 shares of the industrial products company's stock worth $1,132,000 after purchasing an additional 29 shares in the last quarter. Finally, MGO One Seven LLC lifted its stake in Roper Technologies by 0.9% in the 4th quarter. MGO One Seven LLC now owns 3,392 shares of the industrial products company's stock valued at $1,510,000 after purchasing an additional 31 shares during the last quarter. Institutional investors own 93.31% of the company's stock.

Roper Technologies Price Performance

NASDAQ:ROP opened at $411.79 on Monday. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $538.21. 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 company has a market cap of $40.73 billion, a PE ratio of 17.06, a P/E/G ratio of 1.85 and a beta of 0.73. The firm's 50 day simple moving average is $367.34 and its 200 day simple moving average is $352.49.

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 (EPS) for the quarter, beating the consensus estimate of $5.29 by $0.09. The firm 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 was up 8.5% compared to the same quarter last year. During the same quarter last year, the company posted $4.87 earnings per share. 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 year.

Roper Technologies Announces Dividend

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

Insider Buying and Selling at Roper Technologies

In other news, Director Richard F. Wallman sold 6,434 shares of the 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 completion of the sale, the director owned 7,423 shares of the company's stock, valued at approximately $2,679,703. This represents a 46.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 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 SEC filing for this sale provides additional information. 0.80% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ROP has been the topic of a number of research analyst reports. Piper Sandler cut their target price on shares of Roper Technologies from $540.00 to $526.00 and set an "overweight" rating on the stock in a research report on Friday, July 24th. Mizuho set a $355.00 price target on Roper Technologies in a research note on Tuesday, July 21st. JPMorgan Chase & Co. raised their price objective on Roper Technologies from $397.00 to $415.00 and gave the company an "underweight" rating in a report on Wednesday, July 29th. Argus upgraded Roper Technologies from a "hold" rating to a "buy" rating and set a $450.00 price objective on the stock in a research report on Thursday, August 6th. Finally, Weiss Ratings raised Roper Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday, August 14th. Seven research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average 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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