Rathbones Group PLC Sells 14,803 Shares of Roper Technologies, Inc. $ROP

Rathbones Group PLC decreased its position in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 40.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,158 shares of the industrial products company’s stock after selling 14,803 shares during the period. Rathbones Group PLC’s holdings in Roper Technologies were worth $7,841,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ROP. Vanguard Group Inc. boosted its position in shares of Roper Technologies by 12.5% in the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after purchasing an additional 1,384,656 shares during the period. State Street Corp raised its position in shares of Roper Technologies by 2.1% during the 4th quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock valued at $2,266,604,000 after purchasing an additional 105,250 shares during the period. Geode Capital Management LLC lifted its stake in shares of Roper Technologies by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock valued at $1,172,099,000 after buying an additional 22,335 shares in the last quarter. Norges Bank purchased a new position in shares of Roper Technologies during the 4th quarter valued at $1,112,873,000. Finally, Invesco Ltd. boosted its holdings in Roper Technologies by 11.0% in the 4th quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock worth $828,821,000 after buying an additional 184,644 shares during the period. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Insider Buying and Selling

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of Roper Technologies stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $361.00, for a total value of $2,322,674.00. Following the sale, the director owned 7,423 shares of the company’s stock, valued at $2,679,703. The trade was a 46.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, 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 directly owned 35,634 shares in the company, valued at $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.80% of the company’s stock.

Roper Technologies Stock Up 0.2%

Shares of ROP stock opened at $392.57 on Tuesday. The company’s fifty day simple moving average is $348.03 and its two-hundred day simple moving average is $352.11. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $549.24. The stock has a market cap of $39.62 billion, a P/E ratio of 16.26, a PEG ratio of 1.76 and a beta of 0.73. 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 issued its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating analysts’ consensus estimates of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The firm had revenue of $2.11 billion during the quarter. During the same quarter in the previous year, the business earned $4.87 EPS. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. 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 predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, July 8th. Roper Technologies’s dividend payout ratio (DPR) is currently 15.08%.

Wall Street Analyst Weigh In

ROP has been the subject of a number of analyst reports. Mizuho set a $355.00 price target on Roper Technologies in a research note on Tuesday, July 21st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Barclays cut their target price on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Finally, Piper Sandler lowered their price target on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. Six equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Roper Technologies has an average rating of “Hold” and a consensus target price of $468.00.

Read Our Latest Stock Analysis on Roper Technologies

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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