Fulton Breakefield Broenniman LLC Has $16.68 Million Stake in Roper Technologies, Inc. $ROP

Fulton Breakefield Broenniman LLC trimmed its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 2.5% during the second quarter, HoldingsChannel reports. The institutional investor owned 29,417 shares of the industrial products company’s stock after selling 746 shares during the period. Roper Technologies accounts for approximately 1.1% of Fulton Breakefield Broenniman LLC’s portfolio, making the stock its 26th largest holding. Fulton Breakefield Broenniman LLC’s holdings in Roper Technologies were worth $16,675,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ROP. Saudi Central Bank acquired a new stake in Roper Technologies during the first quarter worth about $25,000. Banque Transatlantique SA bought a new position in shares of Roper Technologies in the first quarter worth about $25,000. MorganRosel Wealth Management LLC bought a new position in shares of Roper Technologies in the first quarter worth about $27,000. Olde Wealth Management LLC bought a new position in shares of Roper Technologies in the first quarter worth about $31,000. Finally, Wayfinding Financial LLC bought a new position in shares of Roper Technologies in the first quarter worth about $31,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ROP. Truist Financial increased their target price on shares of Roper Technologies from $675.00 to $685.00 and gave the stock a “buy” rating in a report on Tuesday, July 22nd. Barclays dropped their target price on shares of Roper Technologies from $562.00 to $550.00 and set an “underweight” rating for the company in a report on Wednesday, October 1st. Robert W. Baird increased their target price on shares of Roper Technologies from $668.00 to $687.00 and gave the stock an “outperform” rating in a report on Tuesday, July 22nd. Citigroup initiated coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price objective for the company. Finally, Royal Bank Of Canada raised their price objective on shares of Roper Technologies from $695.00 to $703.00 and gave the company an “outperform” rating in a report on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $635.27.

Insider Activity at Roper Technologies

In other Roper Technologies news, Director Richard F. Wallman sold 352 shares of the firm’s stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $556.25, for a total transaction of $195,800.00. Following the completion of the transaction, the director owned 20,510 shares in the company, valued at approximately $11,408,687.50. This trade represents a 1.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP John K. Stipancich sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total transaction of $846,255.00. Following the sale, the vice president directly owned 38,932 shares of the company’s stock, valued at approximately $21,964,266.44. This trade represents a 3.71% decrease in their position. The disclosure for this sale can be found here. 0.78% of the stock is currently owned by company insiders.

Roper Technologies Stock Up 1.8%

Roper Technologies stock opened at $520.00 on Thursday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.43 and a current ratio of 0.46. Roper Technologies, Inc. has a 52-week low of $492.25 and a 52-week high of $595.17. The firm has a 50 day moving average price of $519.96 and a two-hundred day moving average price of $548.69. The firm has a market cap of $55.96 billion, a price-to-earnings ratio of 36.54, a PEG ratio of 2.40 and a beta of 1.00.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.83 by $0.04. Roper Technologies had a net margin of 20.62% and a return on equity of 10.83%. During the same quarter last year, the business posted $4.48 earnings per share. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. Equities analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be issued a dividend of $0.825 per share. The ex-dividend date is Friday, October 3rd. This represents a $3.30 annualized dividend and a yield of 0.6%. Roper Technologies’s dividend payout ratio (DPR) is presently 23.19%.

Roper Technologies Profile

Roper Technologies, Inc designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations.