Groupama Asset Managment raised its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 27.9% in the first quarter, HoldingsChannel reports. The firm owned 21,116 shares of the industrial products company’s stock after buying an additional 4,605 shares during the quarter. Groupama Asset Managment’s holdings in Roper Technologies were worth $7,472,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC purchased a new stake in Roper Technologies in the fourth quarter worth $203,000. Empowered Funds LLC increased its position in Roper Technologies by 11.7% during the 1st quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company’s stock valued at $1,832,000 after purchasing an additional 326 shares during the period. Cary Street Partners Financial LLC purchased a new position in Roper Technologies during the 2nd quarter valued at $137,000. Nebula Research & Development LLC bought a new position in Roper Technologies in the 2nd quarter worth $977,000. Finally, Sei Investments Co. raised its holdings in Roper Technologies by 22.6% in the 2nd quarter. Sei Investments Co. now owns 61,621 shares of the industrial products company’s stock worth $34,928,000 after purchasing an additional 11,372 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.
Insider Buying and Selling
In related news, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $379.05, for a total value of $758,100.00. Following the sale, the executive vice president owned 35,634 shares in the company, valued at $13,507,067.70. This represents a 5.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $361.00, for a total value of $2,322,674.00. Following the transaction, 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. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is currently owned by company insiders.
Roper Technologies Stock Performance
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) 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 company had revenue of $2.11 billion during the quarter. During the same quarter in the previous year, the business earned $4.87 earnings per share. The firm’s 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. On average, equities analysts expect that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.
Roper Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were paid a dividend of $0.91 per share. The ex-dividend date of this dividend was Wednesday, July 8th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. Roper Technologies’s dividend payout ratio (DPR) is currently 15.08%.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on ROP. BMO Capital Markets initiated 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 on the stock. Royal Bank Of Canada increased their price target on shares of Roper Technologies from $407.00 to $417.00 and gave the stock a “sector perform” rating in a research note on Friday, July 24th. Piper Sandler lowered their price objective on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a report on Friday, July 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Roper Technologies in a research report on Monday, June 8th. Finally, Barclays reduced 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. Six analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Roper Technologies currently has an average rating of “Hold” and a consensus target price of $468.00.
Read Our Latest Stock Analysis on ROP
Roper Technologies Company Profile
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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