Martin Investment Management LLC Sells 34 Shares of Roper Technologies, Inc. $ROP

Martin Investment Management LLC lessened its stake in shares of Roper Technologies, Inc. (NYSE:ROP) by 0.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,278 shares of the industrial products company’s stock after selling 34 shares during the period. Roper Technologies comprises approximately 1.8% of Martin Investment Management LLC’s investment portfolio, making the stock its 20th largest holding. Martin Investment Management LLC’s holdings in Roper Technologies were worth $7,239,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of Roper Technologies in the 4th quarter valued at approximately $203,000. TD Waterhouse Canada Inc. raised its position in Roper Technologies by 2.8% during the fourth quarter. TD Waterhouse Canada Inc. now owns 7,064 shares of the industrial products company’s stock worth $3,671,000 after acquiring an additional 194 shares in the last quarter. Stifel Financial Corp lifted its stake in Roper Technologies by 5.5% in the fourth quarter. Stifel Financial Corp now owns 54,800 shares of the industrial products company’s stock valued at $28,494,000 after acquiring an additional 2,879 shares during the last quarter. OneDigital Investment Advisors LLC grew its position in shares of Roper Technologies by 2.1% in the 4th quarter. OneDigital Investment Advisors LLC now owns 1,021 shares of the industrial products company’s stock valued at $531,000 after acquiring an additional 21 shares during the period. Finally, Hsbc Holdings PLC increased its stake in shares of Roper Technologies by 2.4% during the 4th quarter. Hsbc Holdings PLC now owns 314,299 shares of the industrial products company’s stock worth $163,098,000 after purchasing an additional 7,515 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors.

Roper Technologies Stock Performance

ROP opened at $540.52 on Thursday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.40 and a quick ratio of 0.37. The business has a fifty day simple moving average of $552.49 and a 200 day simple moving average of $563.98. Roper Technologies, Inc. has a 1 year low of $499.47 and a 1 year high of $595.17. The company has a market capitalization of $58.17 billion, a PE ratio of 37.69, a price-to-earnings-growth ratio of 2.77 and a beta of 0.99.

Roper Technologies (NYSE:ROP) last posted its quarterly earnings data on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, topping the consensus estimate of $4.83 by $0.04. Roper Technologies had a return on equity of 10.79% and a net margin of 22.01%.The firm’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.48 EPS. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. Research analysts expect that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be issued a $0.825 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $3.30 dividend on an annualized basis and a yield of 0.6%. Roper Technologies’s payout ratio is currently 23.19%.

Insider Buying and Selling

In other news, VP John K. Stipancich sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $564.17, for a total transaction of $846,255.00. Following the transaction, the vice president directly owned 38,932 shares of the company’s stock, valued at approximately $21,964,266.44. This trade represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard F. Wallman sold 352 shares of the business’s stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $556.25, for a total value of $195,800.00. Following the completion of the sale, the director owned 20,510 shares of the company’s stock, valued at approximately $11,408,687.50. This trade represents a 1.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.78% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on ROP shares. Raymond James Financial reiterated a “strong-buy” rating and issued a $655.00 target price on shares of Roper Technologies in a research note on Monday, April 28th. Royal Bank Of Canada lifted their target price on Roper Technologies from $695.00 to $703.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 22nd. Mizuho set a $600.00 target price on Roper Technologies in a report on Friday, May 16th. Robert W. Baird raised their price target on Roper Technologies from $668.00 to $687.00 and gave the company an “outperform” rating in a report on Tuesday, July 22nd. Finally, Citigroup began coverage on shares of Roper Technologies in a research report on Wednesday. They set a “buy” rating and a $626.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Roper Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $636.36.

About Roper Technologies

Roper Technologies, Inc designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations.