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8,076 Shares in Roper Technologies, Inc. $ROP Bought by Commerce Bank

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Key Points

  • Commerce Bank bought 8,076 Roper Technologies shares worth approximately $2.7 million in the second quarter. Institutional investors collectively own 93.31% of the company, with BlackRock, Norges Bank and Vanguard among the major holders.
  • Analyst sentiment is mixed: Roper has an average “Hold” rating and a consensus price target of $466.94, while recent actions included a Raymond James downgrade and price-target reductions from Piper Sandler.
  • Roper reported second-quarter EPS of $5.38, beating estimates, with revenue up 8.5% year over year to $2.11 billion. The company also declared a quarterly dividend of $0.91 per share, representing a 0.9% yield.
  • Five stocks to consider instead of Roper Technologies.

Commerce Bank bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,076 shares of the industrial products company's stock, valued at approximately $2,733,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Roper Technologies during the 2nd quarter valued at about $3,346,912,000. Norges Bank acquired a new stake in Roper Technologies in the 4th quarter worth approximately $1,112,873,000. Vanguard Group Inc. boosted its position in 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 purchasing an additional 1,384,656 shares during the period. Flossbach Von Storch SE acquired a new position in Roper Technologies during the second quarter valued at approximately $448,321,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Roper Technologies by 206.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,339,710 shares of the industrial products company's stock valued at $474,070,000 after purchasing an additional 903,223 shares during the last quarter. Institutional investors and hedge funds own 93.31% of the company's stock.

Insider Transactions at Roper Technologies

In other Roper Technologies news, 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 transaction of $2,322,674.00. Following the sale, the director directly owned 7,423 shares of the company's stock, valued at approximately $2,679,703. The trade was a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John K. Stipancich sold 2,000 shares of the company's stock in a transaction that occurred on 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 sale, the executive vice president owned 35,634 shares in the company, valued at approximately $13,507,067.70. This represents a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.80% of the company's stock.

Analyst Ratings Changes

ROP has been the subject of a number of analyst reports. BMO Capital Markets began coverage on shares of Roper Technologies in a research note on Friday, July 10th. They issued a "market perform" rating and a $393.00 price objective for the company. Piper Sandler dropped their target price on shares of Roper Technologies from $540.00 to $526.00 and set an "overweight" rating on the stock in a report on Friday, July 24th. Raymond James Financial cut shares of Roper Technologies from a "strong-buy" rating to a "market perform" rating in a report on Wednesday, July 22nd. Weiss Ratings raised Roper Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, August 14th. Finally, Robert W. Baird set a $480.00 price objective on Roper Technologies in a research report on Friday, July 24th. Seven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $466.94.

Get Our Latest Analysis on ROP

Roper Technologies Stock Performance

Shares of NASDAQ ROP opened at $415.51 on Tuesday. The firm has a market capitalization of $41.09 billion, a price-to-earnings ratio of 17.21, a PEG ratio of 1.85 and a beta of 0.74. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $536.57. The business has a fifty day simple moving average of $369.01 and a 200 day simple moving average of $352.96. 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 (NASDAQ:ROP - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, topping analysts' consensus estimates of $5.29 by $0.09. The firm had revenue of $2.11 billion for the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The firm's quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Sell-side analysts expect that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, October 2nd. Roper Technologies's payout ratio is 15.08%.

Roper Technologies Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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.

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