BlackRock Inc. Invests $3.35 Billion in Roper Technologies, Inc. $ROP

Key Points

• BlackRock acquired a major stake in Roper Technologies during the second quarter, purchasing 9.89 million shares valued at approximately $3.35 billion, or about 10% of the company.
• Roper reported quarterly EPS of $5.38, exceeding analyst estimates, while revenue rose 8.5% year over year to $2.11 billion. The company guided for fiscal 2026 EPS of $22.15–$22.30.
• The company declared a quarterly dividend of $0.91 per share, equivalent to an annualized $3.64 payout and a 0.9% yield. Analysts’ consensus rating remained “Hold,” with an average price target of $466.94.

BlackRock Inc. bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 9,890,694 shares of the industrial products company's stock, valued at approximately $3,346,912,000. BlackRock Inc. owned approximately 10.00% of Roper Technologies at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ROP. Norges Bank purchased a new position in shares of Roper Technologies in the fourth quarter valued at approximately $1,112,873,000. Vanguard Group Inc. raised its stake in Roper Technologies by 12.5% in the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company's stock valued at $5,553,932,000 after purchasing an additional 1,384,656 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings 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 purchasing an additional 903,223 shares in the last quarter. OpenArc Corporate Advisory LLC purchased a new position in Roper Technologies in the 4th quarter valued at $367,567,000. Finally, Bank of New York Mellon Corp acquired a new stake in Roper Technologies during the 2nd quarter worth $184,372,000. Institutional investors and hedge funds own 93.31% of the company's stock.

Roper Technologies Trading Up 1.1%

Shares of ROP opened at $394.17 on Wednesday. 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 $544.94. The firm has a 50-day moving average price of $362.79 and a 200 day moving average price of $351.64. The firm has a market capitalization of $38.98 billion, a P/E ratio of 16.33, a P/E/G ratio of 1.80 and a beta of 0.73.

Roper Technologies (NASDAQ:ROP - Get Free Report) last posted its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.29 by $0.09. The company had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.Roper Technologies's revenue was up 8.5% compared to the same quarter last year. During the same period last year, the business 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 forecast that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have recently commented on ROP. Zacks Research cut shares of Roper Technologies from a "strong-buy" rating to a "hold" rating in a research report on Thursday, June 25th. Piper Sandler lowered their price target 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. Argus raised shares of Roper Technologies from a "hold" rating to a "buy" rating and set a $450.00 price objective for the company in a research note on Thursday, August 6th. Raymond James Financial lowered shares of Roper Technologies from a "strong-buy" rating to a "market perform" rating in a research note on Wednesday, July 22nd. Finally, Mizuho set a $355.00 target price on Roper Technologies in a report on Tuesday, July 21st. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $466.94.

Insider Activity at Roper Technologies

In other news, Director Richard F. Wallman sold 6,434 shares of Roper Technologies 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 transaction, the director owned 7,423 shares in the company, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John K. Stipancich sold 2,000 shares of Roper Technologies stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction of $758,100.00. Following the completion of the transaction, the executive vice president owned 35,634 shares of the company's stock, valued at $13,507,067.70. This represents a 5.31% 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.

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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