Summit Global Investments Takes $1.02 Million Position in Roper Technologies, Inc. $ROP

Key Points

• Summit Global Investments bought 3,024 shares of Roper Technologies in the second quarter, valued at approximately $1.02 million. Institutional investors collectively own 93.31% of the company.
• Roper Technologies exceeded quarterly earnings expectations, reporting $5.38 in EPS versus a $5.29 consensus estimate, while revenue rose 8.5% year over year to $2.11 billion. The company guided to fiscal 2026 EPS of $22.15–$22.30.
• The company declared a quarterly dividend of $0.91 per share, or $3.64 annualized, representing a 0.9% yield. Analysts maintain a consensus “Hold” rating, with an average price target of $466.94.

Summit Global Investments bought a new stake in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 3,024 shares of the industrial products company's stock, valued at approximately $1,023,000.

Several other large investors also recently bought and sold shares of the stock. Oppenheimer Asset Management Inc. purchased a new position in shares of Roper Technologies in the 2nd quarter valued at about $536,000. Tema ETFs LLC grew its position in shares of Roper Technologies by 34.3% during the second quarter. Tema ETFs LLC now owns 2,148 shares of the industrial products company's stock worth $727,000 after buying an additional 549 shares in the last quarter. Handelsbanken Fonder AB increased its stake in shares of Roper Technologies by 12.0% during the second quarter. Handelsbanken Fonder AB now owns 38,759 shares of the industrial products company's stock worth $13,116,000 after buying an additional 4,160 shares during the period. Fulton Bank N.A. raised its holdings in Roper Technologies by 23.5% in the second quarter. Fulton Bank N.A. now owns 8,623 shares of the industrial products company's stock valued at $2,918,000 after acquiring an additional 1,642 shares in the last quarter. Finally, Everhart Financial Group Inc. acquired a new stake in Roper Technologies in the second quarter valued at approximately $213,000. Hedge funds and other institutional investors own 93.31% of the company's stock.

Roper Technologies Stock Performance

Shares of Roper Technologies stock opened at $399.34 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $544.94. The firm's 50 day moving average is $360.49 and its two-hundred day moving average is $351.66. The firm has a market capitalization of $39.49 billion, a P/E ratio of 16.54, a P/E/G ratio of 1.79 and a beta of 0.74.

Roper Technologies (NASDAQ:ROP - Get Free Report) last issued its quarterly earnings data 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. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The business had revenue of $2.11 billion during the quarter. During the same quarter in the prior year, the firm posted $4.87 EPS. The firm'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. Research analysts forecast that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be given 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 15.08%.

Insider Buying and Selling at Roper Technologies

In other news, 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 completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John K. Stipancich sold 2,000 shares of the company's stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $379.05, for a total value of $758,100.00. Following the completion of the sale, the executive vice president directly owned 35,634 shares of the company's stock, valued at approximately $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.80% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on ROP shares. Royal Bank Of Canada boosted their price target on shares of Roper Technologies from $407.00 to $417.00 and gave the stock a "sector perform" rating in a report on Friday, July 24th. Raymond James Financial cut shares of Roper Technologies from a "strong-buy" rating to a "market perform" rating in a research report on Wednesday, July 22nd. BMO Capital Markets assumed coverage on shares of Roper Technologies in a research note on Friday, July 10th. They set a "market perform" rating and a $393.00 target price for the company. Barclays dropped their target price on Roper Technologies from $380.00 to $373.00 and set an "underweight" rating on the stock in a report on Friday, April 24th. Finally, JPMorgan Chase & Co. raised their price target on Roper Technologies from $397.00 to $415.00 and gave the company an "underweight" rating in a research note on Wednesday, July 29th. Seven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Roper Technologies has a consensus rating of "Hold" and an average price target 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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