Trillium Asset Management LLC Buys New Position in Roper Technologies, Inc. $ROP

Trillium Asset Management LLC bought a new stake in Roper Technologies, Inc. (NASDAQ:ROPFree Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 10,179 shares of the industrial products company’s stock, valued at approximately $3,444,000.

Several other hedge funds also recently modified their holdings of ROP. Private Wealth Management Group LLC raised its position in shares of Roper Technologies by 195.8% in the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after buying an additional 47 shares during the last quarter. Triumph Capital Management acquired a new stake in Roper Technologies during the third quarter worth approximately $25,000. Edmond DE Rothschild Holding S.A. acquired a new stake in Roper Technologies during the second quarter worth approximately $27,000. Tucker Asset Management LLC purchased a new stake in Roper Technologies in the 4th quarter worth approximately $33,000. Finally, Global Assets Advisory LLC purchased a new stake in Roper Technologies in the 1st quarter worth approximately $36,000. 93.31% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP John K. Stipancich sold 2,000 shares of the business’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction of $758,100.00. Following the completion of the sale, the executive vice president owned 35,634 shares in the company, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction that occurred 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 sale, the director directly owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.80% of the company’s stock.

Analyst Upgrades and Downgrades

ROP has been the topic of a number of recent analyst reports. Argus raised Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target on the stock in a research note on Thursday, August 6th. Raymond James Financial lowered Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Weiss Ratings upgraded Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 14th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $417.00 price target on shares of Roper Technologies in a research note on Tuesday. Finally, Robert W. Baird set a $480.00 price target on Roper Technologies in a report on Friday, July 24th. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Roper Technologies presently has a consensus rating of “Hold” and a consensus target price of $466.94.

Check Out Our Latest Stock Analysis on ROP

Roper Technologies Stock Up 0.8%

Shares of ROP opened at $410.45 on Friday. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $540.34. The company’s fifty day moving average is $365.81 and its two-hundred day moving average is $352.22. The firm has a market cap of $40.59 billion, a PE ratio of 17.00, a price-to-earnings-growth ratio of 1.83 and a beta of 0.74. 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 (NASDAQ:ROPGet Free Report) last released its quarterly earnings data 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. The business had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The company’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.87 earnings per share. 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. Analysts forecast that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Announces Dividend

The company 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 dividend of $0.91 per share. The ex-dividend date is Friday, October 2nd. This represents a $3.64 annualized dividend and a yield of 0.9%. Roper Technologies’s dividend payout ratio is currently 15.08%.

About Roper Technologies

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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