Beacon Pointe Advisors LLC Purchases New Position in Roper Technologies, Inc. $ROP

Key Points

• Beacon Pointe Advisors acquired 13,000 shares of Roper Technologies in the second quarter, valued at approximately $4.4 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. The company provided full-year 2026 EPS guidance of $22.15 to $22.30.
• Analysts maintain a consensus “Hold” rating with a $466.94 price target, despite mixed rating changes. Roper also declared a quarterly dividend of $0.91 per share, representing a 0.9% annualized yield.

Beacon Pointe Advisors LLC acquired a new position in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 13,000 shares of the industrial products company's stock, valued at approximately $4,399,000.

Other hedge funds have also modified their holdings of the company. Triumph Capital Management purchased a new position in shares of Roper Technologies in the 3rd quarter worth $25,000. Private Wealth Management Group LLC grew its position in Roper Technologies by 195.8% in the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company's stock worth $25,000 after acquiring an additional 47 shares in the last quarter. Tucker Asset Management LLC bought a new stake in Roper Technologies during the fourth quarter worth approximately $33,000. Edmond DE Rothschild Holding S.A. purchased a new stake in Roper Technologies during the second quarter valued at approximately $27,000. Finally, Kelleher Financial Advisors purchased a new stake in Roper Technologies during the third quarter valued at approximately $40,000. 93.31% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, 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 of the company's stock, valued at approximately $13,507,067.70. This represents a 5.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard F. Wallman sold 6,434 shares of the business's 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 completion of the transaction, the director directly owned 7,423 shares of the company's stock, valued at $2,679,703. This trade represents a 46.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.80% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Raymond James Financial cut Roper Technologies from a "strong-buy" rating to a "market perform" rating in a report on Wednesday, July 22nd. Weiss Ratings upgraded Roper Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, August 14th. Robert W. Baird set a $480.00 price objective on shares of Roper Technologies in a research note on Friday, July 24th. Mizuho set a $355.00 price objective on shares of Roper Technologies in a research report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. raised their target price on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an "underweight" rating in a report on Wednesday, July 29th. Seven 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 company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $466.94.

Roper Technologies Stock Up 0.8%

Shares of NASDAQ:ROP opened at $426.20 on Friday. The business's 50 day moving average is $375.96 and its 200 day moving average is $354.71. The stock has a market cap of $42.15 billion, a P/E ratio of 17.66, a price-to-earnings-growth ratio of 1.92 and a beta of 0.74. Roper Technologies, Inc. has a 52-week low of $305.96 and a 52-week high of $532.18. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57.

Roper Technologies (NASDAQ:ROP - Get Free Report) last issued its 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 return on equity of 11.36% and a net margin of 30.24%.The business had revenue of $2.11 billion during the quarter. During the same period last year, the firm earned $4.87 earnings per share. The company's revenue for the quarter 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 predict that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be issued a dividend of $0.91 per share. 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 presently 15.08%.

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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