Cetera Trust Company N.A Buys New Position in Roper Technologies, Inc. $ROP

Cetera Trust Company N.A bought a new position in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,365 shares of the industrial products company’s stock, valued at approximately $462,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Triumph Capital Management bought a new position in shares of Roper Technologies during the 3rd quarter valued at about $25,000. Private Wealth Management Group LLC grew its stake in shares of Roper Technologies by 195.8% in the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 47 shares during the last quarter. Tucker Asset Management LLC bought a new stake in shares of Roper Technologies in the 4th quarter worth approximately $33,000. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Roper Technologies in the 2nd quarter worth approximately $27,000. Finally, Kelleher Financial Advisors acquired a new stake in Roper Technologies during the third quarter valued at approximately $40,000. 93.31% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction 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 transaction, the director directly owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. The trade was a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John K. Stipancich sold 2,000 shares of the stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $379.05, for a total value of $758,100.00. Following the completion of the sale, the executive vice president directly owned 35,634 shares of the company’s stock, valued at approximately $13,507,067.70. This 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.

Analyst Ratings Changes

A number of brokerages recently weighed in on ROP. Royal Bank Of Canada restated a “sector perform” rating and set a $417.00 target price on shares of Roper Technologies in a report on Tuesday, August 18th. Robert W. Baird set a $480.00 price target on Roper Technologies in a report on Friday, July 24th. JPMorgan Chase & Co. increased their price objective on Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research report on Wednesday, July 29th. Raymond James Financial lowered Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Finally, Argus raised Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price on the stock in a research report on Thursday, August 6th. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $466.94.

View Our Latest Stock Analysis on ROP

Roper Technologies Stock Up 0.9%

Shares of NASDAQ:ROP opened at $415.51 on Tuesday. The firm has a 50 day simple moving average of $369.01 and a 200 day simple moving average of $352.96. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $536.57. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. The company has a market cap of $41.09 billion, a PE ratio of 17.21, a price-to-earnings-growth ratio of 1.85 and a beta of 0.74.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share 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 firm had revenue of $2.11 billion for the quarter. During the same quarter in the previous year, the firm posted $4.87 earnings per share. 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. As a group, research analysts expect that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Dividend Announcement

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

Roper Technologies Company Profile

(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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