Roper Technologies, Inc. $ROP Shares Sold by Plancorp LLC

Plancorp LLC reduced its position in shares of Roper Technologies, Inc. (NYSE:ROP) by 10.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 550 shares of the industrial products company’s stock after selling 67 shares during the period. Plancorp LLC’s holdings in Roper Technologies were worth $324,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Saudi Central Bank acquired a new position in Roper Technologies during the first quarter worth about $25,000. Banque Transatlantique SA acquired a new position in shares of Roper Technologies in the 1st quarter valued at $25,000. MorganRosel Wealth Management LLC acquired a new position in shares of Roper Technologies in the 1st quarter valued at $27,000. Putney Financial Group LLC acquired a new position in shares of Roper Technologies in the 4th quarter valued at $31,000. Finally, Olde Wealth Management LLC acquired a new position in shares of Roper Technologies in the 1st quarter valued at $31,000. 93.31% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Roper Technologies

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

Roper Technologies Trading Down 1.6%

Shares of NYSE ROP opened at $518.44 on Friday. Roper Technologies, Inc. has a one year low of $499.47 and a one year high of $595.17. The firm has a market capitalization of $55.79 billion, a PE ratio of 36.15, a PEG ratio of 2.77 and a beta of 1.03. The company has a current ratio of 0.40, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35. The business has a 50-day moving average price of $543.45 and a two-hundred day moving average price of $559.77.

Roper Technologies (NYSE:ROP) last announced its quarterly earnings data on Monday, July 21st. The industrial products company reported $4.87 EPS for the quarter, topping analysts’ consensus estimates of $4.83 by $0.04. Roper Technologies had a return on equity of 10.79% and a net margin of 22.01%.During the same quarter last year, the firm posted $4.48 earnings per share. Roper Technologies’s quarterly revenue was up 13.2% on a year-over-year basis. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. As a group, analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts recently weighed in on ROP shares. Citigroup started coverage on Roper Technologies in a research report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price target for the company. Truist Financial increased their price target on Roper Technologies from $675.00 to $685.00 and gave the company a “buy” rating in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. increased their price target on Roper Technologies from $561.00 to $577.00 and gave the company a “neutral” rating in a research report on Tuesday, July 22nd. Royal Bank Of Canada increased their price target on Roper Technologies from $695.00 to $703.00 and gave the company an “outperform” rating in a research report on Tuesday, July 22nd. Finally, Robert W. Baird raised their price objective on Roper Technologies from $668.00 to $687.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $636.36.

Roper Technologies Company 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.