Tectonic Advisors LLC Sells 331 Shares of Roper Technologies, Inc. $ROP

Tectonic Advisors LLC decreased its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 8.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,693 shares of the industrial products company’s stock after selling 331 shares during the period. Tectonic Advisors LLC’s holdings in Roper Technologies were worth $2,093,000 as of its most recent filing with the SEC.

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

Roper Technologies Price Performance

ROP stock opened at $520.00 on Thursday. The company has a 50 day simple moving average of $519.96 and a 200 day simple moving average of $548.69. The stock has a market cap of $55.96 billion, a price-to-earnings ratio of 36.54, a P/E/G ratio of 2.40 and a beta of 1.00. Roper Technologies, Inc. has a 1 year low of $492.25 and a 1 year high of $595.17. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.46 and a quick ratio of 0.43.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.83 by $0.04. Roper Technologies had a net margin of 20.62% and a return on equity of 10.83%. The business’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.48 earnings per share. 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 anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

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

Insider Buying and Selling

In other Roper Technologies news, Director Richard F. Wallman sold 352 shares of the company’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 transaction, the director directly owned 20,510 shares in the company, valued at approximately $11,408,687.50. This represents a 1.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP John K. Stipancich sold 1,500 shares of the company’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 completion of the transaction, the vice president 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 disclosure for this sale can be found here. 0.78% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Roper Technologies from $561.00 to $577.00 and gave the company a “neutral” rating in a report on Tuesday, July 22nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Roper Technologies in a report on Wednesday. Royal Bank Of Canada boosted their target price on shares of Roper Technologies from $695.00 to $703.00 and gave the company an “outperform” rating in a research report on Tuesday, July 22nd. Truist Financial boosted their target price on shares of Roper Technologies from $675.00 to $685.00 and gave the company a “buy” rating in a research report on Tuesday, July 22nd. Finally, Robert W. Baird boosted their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Roper Technologies currently has an average rating of “Moderate Buy” and an average price target of $635.27.

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.