Ballentine Partners LLC Sells 88 Shares of Roper Technologies, Inc. $ROP

Ballentine Partners LLC lowered its position in Roper Technologies, Inc. (NASDAQ:ROP) by 5.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,669 shares of the industrial products company’s stock after selling 88 shares during the quarter. Ballentine Partners LLC’s holdings in Roper Technologies were worth $946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Saudi Central Bank purchased a new stake in shares of Roper Technologies in the 1st quarter valued at $25,000. MorganRosel Wealth Management LLC purchased a new stake in Roper Technologies during the first quarter valued at about $27,000. Banque Transatlantique SA purchased a new stake in Roper Technologies during the first quarter valued at about $25,000. Olde Wealth Management LLC purchased a new stake in Roper Technologies during the first quarter valued at about $31,000. Finally, Wayfinding Financial LLC purchased a new stake in Roper Technologies during the 1st quarter valued at about $31,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Performance

Shares of ROP opened at $495.03 on Friday. Roper Technologies, Inc. has a one year low of $492.25 and a one year high of $595.17. The company has a 50-day simple moving average of $529.63 and a two-hundred day simple moving average of $552.90. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.46 and a quick ratio of 0.43. The firm has a market capitalization of $53.27 billion, a PE ratio of 34.79, a price-to-earnings-growth ratio of 2.37 and a beta of 1.03.

Roper Technologies (NASDAQ:ROP) last announced its earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.83 by $0.04. Roper Technologies had a return on equity of 10.83% and a net margin of 20.62%.During the same period last year, the company posted $4.48 earnings per share. Roper Technologies’s quarterly revenue was up 13.2% compared to the same quarter last year. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. On average, analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Friday, October 3rd will be paid a $0.825 dividend. This represents a $3.30 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Friday, October 3rd. Roper Technologies’s dividend payout ratio (DPR) is presently 23.19%.

Insider Transactions at Roper Technologies

In related news, VP John K. Stipancich sold 1,500 shares of the business’s stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $564.17, for a total transaction of $846,255.00. Following the sale, the vice president owned 38,932 shares of the company’s stock, valued at $21,964,266.44. The trade was a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Richard F. Wallman sold 352 shares of the company’s stock in a transaction dated Tuesday, July 22nd. The stock was sold at an average price of $556.25, for a total transaction of $195,800.00. Following the completion of the sale, the director owned 20,510 shares in the company, valued at approximately $11,408,687.50. This trade represents a 1.69% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.78% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on ROP shares. Royal Bank Of Canada increased their target price on Roper Technologies from $695.00 to $703.00 and gave the company an “outperform” rating in a report on Tuesday, July 22nd. Robert W. Baird increased their price target on shares of Roper Technologies from $668.00 to $687.00 and gave the company an “outperform” rating in a research report on Tuesday, July 22nd. Citigroup started coverage on shares of Roper Technologies in a research report on Wednesday, August 20th. They set a “buy” rating and a $626.00 price target for the company. JPMorgan Chase & Co. increased their price target on shares of Roper Technologies from $561.00 to $577.00 and gave the company a “neutral” rating in a research report on Tuesday, July 22nd. Finally, Truist Financial increased their target price on shares of Roper Technologies from $675.00 to $685.00 and gave the stock a “buy” rating in a report on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $636.36.

Roper Technologies Profile

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.