544,851 Shares in Roper Technologies, Inc. $ROP Bought by Bank of New York Mellon Corp

Key Points

• Bank of New York Mellon acquired 544,851 shares of Roper Technologies worth approximately $184.4 million, while institutional investors collectively owned 93.31% of the company.
• Roper reported quarterly EPS of $5.38, exceeding estimates of $5.29, as revenue rose 8.5% year over year to $2.11 billion. The company issued fiscal 2026 EPS guidance of $22.15–$22.30.
• Roper declared a quarterly dividend of $0.91, equal to an annualized $3.64 payout and a 0.9% yield. Analysts maintain a consensus “Hold” rating with an average price target of $466.94.

Bank of New York Mellon Corp bought a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 544,851 shares of the industrial products company's stock, valued at approximately $184,372,000. Bank of New York Mellon Corp owned approximately 0.55% of Roper Technologies at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Norges Bank acquired a new position in shares of Roper Technologies in the 4th quarter valued at approximately $1,112,873,000. Vanguard Group Inc. increased its position in shares of Roper Technologies by 12.5% during the fourth 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. Arrowstreet Capital Limited Partnership lifted its position in Roper Technologies by 206.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,339,710 shares of the industrial products company's stock valued at $474,070,000 after acquiring an additional 903,223 shares in the last quarter. OpenArc Corporate Advisory LLC bought a new position in Roper Technologies during the 4th quarter worth about $367,567,000. Finally, AQR Capital Management LLC raised its stake in shares of Roper Technologies by 194.6% in the 4th quarter. AQR Capital Management LLC now owns 772,347 shares of the industrial products company's stock valued at $343,795,000 after purchasing an additional 510,138 shares during the period. 93.31% of the stock is currently owned by institutional investors.

Roper Technologies Trading Up 0.3%

NASDAQ ROP opened at $411.79 on Friday. The company has a market cap of $40.73 billion, a PE ratio of 17.06, a PEG 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. Roper Technologies, Inc. has a 12 month low of $305.96 and a 12 month high of $538.21. The stock has a 50 day moving average of $367.34 and a 200-day moving average of $352.63.

Roper Technologies (NASDAQ:ROP - Get Free Report) last released its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The business had revenue of $2.11 billion during the quarter. During the same period in the prior year, the business posted $4.87 earnings per share. Roper Technologies's quarterly revenue 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. On average, equities research analysts anticipate that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be paid 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 (DPR) is 15.08%.

Insider Transactions at Roper Technologies

In other news, EVP John K. Stipancich sold 2,000 shares of the firm'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 value of $758,100.00. Following the completion of the sale, 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 filing with the SEC, which is available at this link. Also, Director Richard F. Wallman sold 6,434 shares of Roper Technologies stock in a transaction that occurred on 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 of the company's stock, valued at $2,679,703. This represents a 46.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.80% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ROP shares. Mizuho set a $355.00 target price on Roper Technologies in a research report on Tuesday, July 21st. Argus upgraded shares of Roper Technologies from a "hold" rating to a "buy" rating and set a $450.00 target price for the company in a report on Thursday, August 6th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $417.00 price target on shares of Roper Technologies in a research note on Tuesday, August 18th. BMO Capital Markets began coverage on shares of Roper Technologies in a research report on Friday, July 10th. They set a "market perform" rating and a $393.00 price target on the stock. Finally, JPMorgan Chase & Co. increased their price objective on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an "underweight" rating in a research note on Wednesday, July 29th. Seven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Roper Technologies has a consensus rating of "Hold" and an average target price of $466.94.

Roper Technologies 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source