Rockland Trust Co. Sells 34,922 Shares of Roper Technologies, Inc. $ROP

Rockland Trust Co. cut its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 93.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,333 shares of the industrial products company’s stock after selling 34,922 shares during the period. Rockland Trust Co.’s holdings in Roper Technologies were worth $789,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of ROP. Triumph Capital Management bought a new position in shares of Roper Technologies in the third quarter valued at approximately $25,000. Private Wealth Management Group LLC increased its holdings in Roper Technologies by 195.8% during the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 47 shares during the period. Tucker Asset Management LLC purchased a new stake in Roper Technologies in the 4th quarter worth approximately $33,000. Kelleher Financial Advisors bought a new position in Roper Technologies in the 3rd quarter valued at $40,000. Finally, MV Capital Management Inc. bought a new position in Roper Technologies in the 4th quarter valued at $41,000. 93.31% of the stock is owned by hedge funds and other institutional investors.

Roper Technologies Stock Performance

NASDAQ ROP opened at $402.25 on Friday. Roper Technologies, Inc. has a 52-week low of $305.96 and a 52-week high of $544.94. The company has a fifty day moving average of $354.11 and a 200-day moving average of $351.97. The company has a market capitalization of $39.78 billion, a P/E ratio of 16.66, a P/E/G ratio of 1.81 and a beta of 0.74. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS 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 business had revenue of $2.11 billion for the quarter. During the same period in the prior year, the company earned $4.87 EPS. 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. As a group, equities research analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be given a dividend of $0.91 per share. The ex-dividend date is Friday, October 2nd. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. Roper Technologies’s dividend payout ratio is 15.08%.

Insider Transactions at Roper Technologies

In related news, EVP John K. Stipancich sold 2,000 shares of the firm’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 transaction, the executive vice president directly owned 35,634 shares of the company’s stock, valued at approximately $13,507,067.70. This trade represents a 5.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Richard F. Wallman sold 6,434 shares of the company’s 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 completion of the sale, the director directly owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. This represents a 46.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.80% of the company’s stock.

Wall Street Analysts Forecast Growth

ROP has been the topic of several research analyst reports. Raymond James Financial cut shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd. Barclays dropped their price objective on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research note on Friday, April 24th. Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Mizuho set a $355.00 target price on Roper Technologies in a research note on Tuesday, July 21st. 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. Seven investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $466.94.

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.