Cibc World Market Inc. Makes New Investment in Roper Technologies, Inc. $ROP

Key Points

• CIBC World Market bought 17,412 shares of Roper Technologies worth approximately $5.9 million during the second quarter. Institutional investors collectively own 93.31% of the company’s stock.
• Roper reported quarterly earnings of $5.38 per share, exceeding estimates, while revenue rose 8.5% year over year to $2.11 billion. The company maintained its quarterly dividend at $0.91 per share, implying a 0.9% annual yield.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $466.94. Company insiders own just 0.80% of shares, while two executives recently sold a combined 8,434 shares.

Cibc World Market Inc. bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 17,412 shares of the industrial products company's stock, valued at approximately $5,892,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Roper Technologies during the second quarter worth approximately $3,346,912,000. Norges Bank purchased a new position in shares of Roper Technologies in the fourth quarter worth about $1,112,873,000. Vanguard Group Inc. grew its stake in Roper Technologies by 12.5% during 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 acquiring an additional 1,384,656 shares in the last quarter. Flossbach Von Storch SE acquired a new stake in Roper Technologies in the 2nd quarter valued at about $448,321,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Roper Technologies by 206.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,339,710 shares of the industrial products company's stock worth $474,070,000 after purchasing an additional 903,223 shares during the last quarter. Hedge funds and other institutional investors own 93.31% of the company's stock.

Insider Buying and Selling at Roper Technologies

In other news, EVP John K. Stipancich sold 2,000 shares of Roper Technologies 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 completion of the transaction, the executive vice president owned 35,634 shares in the company, valued at approximately $13,507,067.70. This trade represents a 5.31% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Richard F. Wallman sold 6,434 shares of the business's 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 transaction, the director directly 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. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is currently owned by company insiders.

Roper Technologies Stock Down 0.5%

Shares of NASDAQ:ROP opened at $413.37 on Wednesday. The company has a market capitalization of $40.88 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 1.87 and a beta of 0.74. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $532.18. The business has a 50-day moving average price of $370.53 and a 200 day moving average price of $353.34. 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 announced its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share 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 net margin of 30.24% and a return on equity of 11.36%. The company's quarterly 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 expect that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms recently commented on ROP. JPMorgan Chase & Co. increased their price target on Roper Technologies from $397.00 to $415.00 and gave the company an "underweight" rating in a report on Wednesday, July 29th. Robert W. Baird set a $480.00 price target on shares of Roper Technologies in a research report on Friday, July 24th. Royal Bank Of Canada restated a "sector perform" rating and set a $417.00 price objective on shares of Roper Technologies in a research report on Tuesday, August 18th. Raymond James Financial lowered shares of Roper Technologies from a "strong-buy" rating to a "market perform" rating in a report on Wednesday, July 22nd. Finally, Piper Sandler dropped their price target on shares of Roper Technologies from $540.00 to $526.00 and set an "overweight" rating for the company in a research note on Friday, July 24th. 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 company's stock. According to MarketBeat, the company currently 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.

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