BlackRock Amends Roper Technologies Stake (SC 13G/A)

Ticker: ROP · Form: SC 13G/A · Filed: 2024-01-25T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investment

TL;DR

**BlackRock updated its passive stake in Roper Technologies.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 25, 2024, indicating a change in its ownership of Roper Technologies Inc. common stock as of December 31, 2023. This filing, Amendment No. 11, updates their previous disclosures regarding their passive investment in Roper Technologies. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in their confidence or investment strategy regarding Roper Technologies, potentially influencing other investors.

Why It Matters

This filing shows BlackRock's updated passive ownership in Roper Technologies, which can influence market perception and investor sentiment due to BlackRock's significant size and influence.

Risk Assessment

Risk Level: low — This is a routine amendment by a large institutional investor, indicating a passive stake, which typically carries low risk.

Analyst Insight

Investors should note BlackRock's continued passive interest in Roper Technologies, but without specific share count changes, this filing primarily confirms their ongoing position rather than signaling a new investment thesis.

Key Players & Entities

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 11)' sections.

Who is the reporting person in this filing?

The reporting person, or the entity that filed this document, is BlackRock Inc., as indicated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.

What is the subject company whose securities are being reported?

The subject company is ROPER TECHNOLOGIES INC, as stated in the 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ROPER TECHNOLOGIES INC' section and 'ROPER TECHNOLOGIES INC (Name of Issuer)'.

What was the 'Date of Event Which Requires Filing of this Statement'?

The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as explicitly stated in the filing.

Which rule under the Securities Exchange Act of 1934 is this Schedule filed pursuant to?

This Schedule is filed pursuant to Rule 13d-1(b), as indicated by the '[X] Rule 13d-1(b)' checkbox in the filing.

From the Filing

0001086364-24-003282.txt : 20240125 0001086364-24-003282.hdr.sgml : 20240125 20240125134855 ACCESSION NUMBER: 0001086364-24-003282 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ROPER TECHNOLOGIES INC CENTRAL INDEX KEY: 0000882835 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 510263969 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43740 FILM NUMBER: 24561098 BUSINESS ADDRESS: STREET 1: 6496 UNIVERSITY PARKWAY CITY: SARASOTA STATE: FL ZIP: 34240 BUSINESS PHONE: 9415562601 MAIL ADDRESS: STREET 1: 6496 UNIVERSITY PARKWAY CITY: SARASOTA STATE: FL ZIP: 34240 FORMER COMPANY: FORMER CONFORMED NAME: ROPER INDUSTRIES INC DATE OF NAME CHANGE: 20080527 FORMER COMPANY: FORMER CONFORMED NAME: ROPER INDUSTRIES INC /DE/ DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us7766961061_012524.txt us7766961061_012524.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 11) ROPER TECHNOLOGIES INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 776696106 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 776696106 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 8851717 (6) Shared voting power 0 (7) Sole dispositive power 9638792 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 9638792 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 9.0% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- ROPER TECHNOLOGIES INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 6496 UNIVERSITY

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