Northwestern Mutual Wealth Management Co. Invests $2.89 Million in Roper Technologies, Inc. $ROP

Key Points

• Northwestern Mutual Wealth Management initiated a $2.89 million position in Roper Technologies during the second quarter, while institutional investors and hedge funds collectively own 93.31% of the company.
• Roper reported quarterly EPS of $5.38, beating estimates of $5.29, as revenue rose 8.5% year over year to $2.11 billion. Management issued fiscal 2026 EPS guidance 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 0.9% yield. Analysts have a consensus “Hold” rating with an average price target of $466.94, while two insiders recently sold shares.

Northwestern Mutual Wealth Management Co. bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 8,529 shares of the industrial products company's stock, valued at approximately $2,886,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Westpac Banking Corp acquired a new position in Roper Technologies in the second quarter worth about $359,000. Landscape Capital Management L.L.C. bought a new position in Roper Technologies in the 2nd quarter valued at $3,145,000. Korea Investment CORP bought a new stake in Roper Technologies during the 2nd quarter worth about $17,144,000. Ieq Capital LLC bought a new stake in shares of Roper Technologies during the second quarter valued at approximately $409,000. Finally, Callan Family Office LLC acquired a new position in Roper Technologies during the 2nd quarter worth $826,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies Stock Up 0.9%

NASDAQ:ROP opened at $415.51 on Tuesday. Roper Technologies, Inc. has a 1 year low of $305.96 and a 1 year high of $536.57. The stock has a 50-day moving average price of $369.01 and a two-hundred day moving average price of $352.96. The stock has a market cap of $41.09 billion, a price-to-earnings ratio of 17.21, a PEG ratio of 1.85 and a beta of 0.74. 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 released 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. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The company had revenue of $2.11 billion for the quarter. During the same period in the prior year, the business earned $4.87 EPS. The company's revenue for the quarter 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. As a group, equities analysts expect that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders 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 dividend on an annualized basis and a yield of 0.9%. Roper Technologies's payout ratio is presently 15.08%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ROP. Zacks Research lowered Roper Technologies from a "strong-buy" rating to a "hold" rating in a research report on Thursday, June 25th. 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 research report on Wednesday, July 29th. Mizuho set a $355.00 target price on shares of Roper Technologies in a research note on Tuesday, July 21st. 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. Finally, Royal Bank Of Canada restated a "sector perform" rating and issued a $417.00 price objective on shares of Roper Technologies in a report on Tuesday, August 18th. 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 stock. According to MarketBeat.com, Roper Technologies presently has a consensus rating of "Hold" and a consensus price target of $466.94.

Insider Activity at Roper Technologies

In related news, EVP John K. Stipancich sold 2,000 shares of the business's stock in a transaction on Monday, July 27th. The shares were sold at an average price of $379.05, for a total value of $758,100.00. Following the sale, the executive vice president directly owned 35,634 shares of the company's stock, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Richard F. Wallman sold 6,434 shares of the company's stock in a transaction on 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 directly owned 7,423 shares of the company's stock, valued at approximately $2,679,703. The trade was 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 owned by corporate insiders.

Roper Technologies Company 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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