NewEdge Advisors LLC Grows Stock Position in Roper Technologies, Inc. $ROP

Key Points

• NewEdge Advisors increased its Roper Technologies position by 153.2% in the second quarter, bringing its holdings to 6,023 shares worth approximately $2.04 million. Institutional investors and hedge funds collectively own 93.31% of Roper’s stock.
• 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. Management guided to 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 dividend and a 1.0% yield. Analysts collectively maintain a “Hold” rating, with a consensus price target of $466.94.

NewEdge Advisors LLC grew its holdings in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 153.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,023 shares of the industrial products company's stock after purchasing an additional 3,644 shares during the period. NewEdge Advisors LLC's holdings in Roper Technologies were worth $2,038,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ROP. BlackRock Inc. acquired a new position in Roper Technologies in the second quarter valued at about $3,346,912,000. Wellington Management Group LLP purchased a new position in shares of Roper Technologies during the 2nd quarter worth approximately $890,328,000. Norges Bank purchased a new position in shares of Roper Technologies during the 4th quarter worth approximately $1,112,873,000. Corient Private Wealth LP acquired a new stake in Roper Technologies in the 2nd quarter valued at approximately $80,953,000. Finally, Flossbach Von Storch SE purchased a new stake in Roper Technologies in the second quarter valued at approximately $448,321,000. 93.31% of the stock is owned by institutional investors and hedge funds.

Roper Technologies Stock Down 0.5%

Roper Technologies stock opened at $372.74 on Friday. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $36.86 billion, a price-to-earnings ratio of 15.44, a PEG ratio of 1.87 and a beta of 0.75. The stock has a 50 day moving average of $391.02 and a two-hundred day moving average of $361.23. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $521.28.

Roper Technologies (NASDAQ:ROP - Get Free Report) last released its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 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 net margin of 30.24% and a return on equity of 11.36%. The firm's revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the business posted $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. As a group, research analysts expect that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, October 2nd. Roper Technologies's dividend payout ratio (DPR) is currently 15.08%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on ROP shares. Argus upgraded Roper Technologies from a "hold" rating to a "buy" rating and set a $450.00 price target for the company in a research report on Thursday, August 6th. Zacks Research lowered Roper Technologies from a "strong-buy" rating to a "hold" rating in a research report on Thursday, June 25th. BMO Capital Markets began coverage on shares of Roper Technologies in a report on Friday, July 10th. They issued a "market perform" rating and a $393.00 target price on the stock. Piper Sandler decreased their price target on Roper Technologies from $540.00 to $526.00 and set an "overweight" rating for the company in a report on Friday, July 24th. Finally, JPMorgan Chase & Co. upped their target price on shares of Roper Technologies from $397.00 to $415.00 and gave the company an "underweight" rating in a report on Wednesday, July 29th. Seven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $466.94.

Insider Transactions at Roper Technologies

In other news, EVP John K. Stipancich sold 2,000 shares of Roper Technologies 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 owned 35,634 shares of the company's stock, valued at $13,507,067.70. The trade was a 5.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, 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 transaction of $2,322,674.00. Following the transaction, the director owned 7,423 shares of the company's stock, 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. Company insiders own 0.80% of the company's stock.

Roper Technologies Company 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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