Robeco Institutional Asset Management B.V. Sells 6,728 Shares of Roper Technologies, Inc. $ROP

Robeco Institutional Asset Management B.V. cut its position in Roper Technologies, Inc. (NASDAQ:ROP) by 4.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 139,970 shares of the industrial products company’s stock after selling 6,728 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.13% of Roper Technologies worth $79,341,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. CWA Asset Management Group LLC lifted its position in shares of Roper Technologies by 8.6% during the 1st quarter. CWA Asset Management Group LLC now owns 768 shares of the industrial products company’s stock valued at $453,000 after acquiring an additional 61 shares during the period. Freedom Day Solutions LLC bought a new stake in shares of Roper Technologies during the 1st quarter valued at $1,808,000. Tandem Investment Advisors Inc. lifted its position in shares of Roper Technologies by 49.9% during the 1st quarter. Tandem Investment Advisors Inc. now owns 98,229 shares of the industrial products company’s stock valued at $57,914,000 after acquiring an additional 32,694 shares during the period. GAMMA Investing LLC lifted its position in shares of Roper Technologies by 76.4% during the 1st quarter. GAMMA Investing LLC now owns 1,891 shares of the industrial products company’s stock valued at $1,115,000 after acquiring an additional 819 shares during the period. Finally, Legacy Advisors LLC bought a new stake in shares of Roper Technologies during the 1st quarter valued at $264,000. 93.31% of the stock is currently owned by institutional investors.

Insider Transactions at Roper Technologies

In other news, Director Richard F. Wallman sold 352 shares of the stock in a transaction dated Tuesday, July 22nd. The stock was 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 represents a 1.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP John K. Stipancich sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total value of $846,255.00. Following the transaction, the vice president owned 38,932 shares of the company’s stock, valued at $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.

Roper Technologies Price Performance

Shares of ROP opened at $497.59 on Friday. Roper Technologies, Inc. has a 12-month low of $492.25 and a 12-month high of $595.17. The business has a 50-day simple moving average of $523.96 and a two-hundred day simple moving average of $550.51. The company has a quick ratio of 0.43, a current ratio of 0.46 and a debt-to-equity ratio of 0.40. The stock has a market cap of $53.55 billion, a PE ratio of 34.97, a PEG ratio of 2.34 and a beta of 1.00.

Roper Technologies (NASDAQ:ROP) last issued its earnings results 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 return on equity of 10.83% and a net margin of 20.62%.During the same period in the previous year, the firm posted $4.48 earnings per share. The company’s 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. Analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently announced 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. This represents a $3.30 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, October 3rd. Roper Technologies’s dividend payout ratio is presently 23.19%.

Wall Street Analysts Forecast Growth

ROP has been the subject of a number of recent analyst reports. Truist Financial upped their target price on Roper Technologies from $675.00 to $685.00 and gave the company a “buy” rating in a research report on Tuesday, July 22nd. Barclays cut their target price on Roper Technologies from $562.00 to $550.00 and set an “underweight” rating for the company in a research report on Wednesday. Robert W. Baird upped their target price on Roper Technologies from $668.00 to $687.00 and gave the company an “outperform” rating in a research report on Tuesday, July 22nd. Royal Bank Of Canada raised their price objective on Roper Technologies from $695.00 to $703.00 and gave the company an “outperform” rating in a research note on Tuesday, July 22nd. Finally, Citigroup assumed coverage on Roper Technologies in a research report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $635.27.

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.