Jupiter Topco LLC Buys New Position in Roper Technologies, Inc. $ROP

Jupiter Topco LLC purchased a new position in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,999 shares of the industrial products company's stock, valued at approximately $3,044,000.

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

Insiders Place Their Bets

In other news, EVP John K. Stipancich sold 2,000 shares of the firm's stock in a transaction 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 in the company, valued at $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard F. Wallman sold 6,434 shares of the company's stock in a transaction dated 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 owned 7,423 shares in the company, valued at approximately $2,679,703. The trade was a 46.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.80% of the company's stock.

Roper Technologies Price Performance

Shares of NASDAQ ROP opened at $415.79 on Thursday. The company has a 50 day simple moving average of $381.41 and a two-hundred day simple moving average of $356.53. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $530.00. The company has a market capitalization of $41.12 billion, a price-to-earnings ratio of 17.22, a P/E/G ratio of 2.09 and a beta of 0.75. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55.

Roper Technologies (NASDAQ:ROP - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS 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 return on equity of 11.36% and a net margin of 30.24%.The business's revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.87 earnings per share. 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. Analysts expect that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The business 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 $0.91 dividend. 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 payout ratio is 15.08%.

Analysts Set New Price Targets

Several analysts have weighed in on ROP shares. Mizuho set a $355.00 price objective on Roper Technologies in a research report on Tuesday, July 21st. Piper Sandler lowered their target price on Roper Technologies from $540.00 to $526.00 and set an "overweight" rating for the company in a research note on Friday, July 24th. Weiss Ratings upgraded Roper Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, August 14th. Raymond James Financial downgraded Roper Technologies from a "strong-buy" rating to a "market perform" rating in a report on Wednesday, July 22nd. Finally, Robert W. Baird set a $480.00 target price on shares of Roper Technologies in a report on Friday, July 24th. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $466.94.

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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