Core Capital Management & Research inc. Purchases New Position in Roper Technologies, Inc. $ROP

Key Points

• Core Capital Management & Research initiated a position in Roper Technologies by purchasing 7,306 shares valued at approximately $2.47 million. Institutional investors collectively own 93.31% of the company.
• Roper Technologies exceeded quarterly earnings expectations, reporting $5.38 EPS versus the $5.29 consensus, while revenue rose 8.5% year over year to $2.11 billion. The company maintained full-year 2026 EPS guidance of $22.15–$22.30.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $466.94. Roper also declared a $0.91 quarterly dividend, equivalent to a 0.9% yield.

Core Capital Management & Research inc. acquired a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,306 shares of the industrial products company's stock, valued at approximately $2,472,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. California State Teachers Retirement System boosted its position in shares of Roper Technologies by 31,706.7% in the 2nd quarter. California State Teachers Retirement System now owns 56,111,830 shares of the industrial products company's stock valued at $18,987,682,000 after purchasing an additional 55,935,415 shares during the period. BlackRock Inc. acquired a new position in Roper Technologies during the second quarter worth approximately $3,346,912,000. State Street Corp lifted its stake in Roper Technologies by 2.1% in the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company's stock valued at $2,266,604,000 after buying an additional 105,250 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Roper Technologies by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company's stock valued at $1,172,099,000 after acquiring an additional 22,335 shares during the period. Finally, Wellington Management Group LLP acquired a new stake in shares of Roper Technologies in the second quarter valued at approximately $890,328,000. Institutional investors and hedge funds own 93.31% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ROP shares. Weiss Ratings raised shares of Roper Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday, August 14th. Robert W. Baird set a $480.00 price target on shares of Roper Technologies in a research note on Friday, July 24th. JPMorgan Chase & Co. raised their price objective on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an "underweight" rating in a research report on Wednesday, July 29th. Piper Sandler reduced their target price on shares of Roper Technologies from $540.00 to $526.00 and set an "overweight" rating for the company in a report on Friday, July 24th. Finally, Mizuho set a $355.00 target price on shares of Roper Technologies in a research note on Tuesday, July 21st. Seven analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $466.94.

Roper Technologies Price Performance

Shares of NASDAQ ROP opened at $390.35 on Thursday. The stock has a fifty day moving average price of $387.90 and a 200 day moving average price of $359.38. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $521.28. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51. The company has a market cap of $38.61 billion, a PE ratio of 16.17, a P/E/G ratio of 1.98 and a beta of 0.75.

Roper Technologies (NASDAQ:ROP - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) 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 company had revenue of $2.11 billion for the quarter. During the same period in the prior year, the firm posted $4.87 earnings per share. The business'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. Sell-side analysts forecast that Roper Technologies, Inc. will post 22.22 EPS for the current year.

Roper Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Investors 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 of this dividend is Friday, October 2nd. Roper Technologies's dividend payout ratio is currently 15.08%.

Insider Transactions at Roper Technologies

In other news, EVP John K. Stipancich sold 2,000 shares of the 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 directly 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 filing with the SEC, which is accessible through this hyperlink. Also, Director Richard F. Wallman sold 6,434 shares of the firm's stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $361.00, for a total value of $2,322,674.00. Following the completion of the sale, the director directly 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. 0.80% of the stock is owned by company insiders.

Roper Technologies Profile

Roper Technologies, Inc NASDAQ: ROP is a diversified technology company that develops and operates specialized businesses serving niche markets. Its portfolio primarily consists of software and technology-enabled businesses that provide products and services to commercial, government, healthcare, education, and other professional customers.

The company's activities include vertical-market software, network and data-management software, and technology-enabled products. Its software businesses support functions such as healthcare operations, education administration, construction and engineering, legal and professional services, and enterprise workflow management.

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