Hsbc Holdings PLC Has $178.60 Million Stock Holdings in Roper Technologies, Inc. $ROP

Key Points

• Hsbc Holdings PLC has reduced its stake in Roper Technologies by 3.3%, now holding 304,072 shares valued at approximately $178.60 million.
• Roper Technologies reported a quarterly revenue increase of 13.2% year over year, exceeding analysts' estimates with earnings per share at $4.87 for the quarter.
• The company announced a quarterly dividend of $0.825 per share, scheduled to be paid on October 17th, representing a 0.6% dividend yield.

Hsbc Holdings PLC cut its stake in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 3.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 304,072 shares of the industrial products company's stock after selling 10,227 shares during the period. Hsbc Holdings PLC owned 0.28% of Roper Technologies worth $178,600,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Endowment Wealth Management Inc. lifted its position in shares of Roper Technologies by 3.4% in the first quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company's stock valued at $327,000 after buying an additional 18 shares during the last quarter. Meridian Financial Partners LLC lifted its position in shares of Roper Technologies by 0.9% in the first quarter. Meridian Financial Partners LLC now owns 2,071 shares of the industrial products company's stock valued at $1,221,000 after buying an additional 19 shares during the last quarter. My Legacy Advisors LLC lifted its position in shares of Roper Technologies by 1.5% in the first quarter. My Legacy Advisors LLC now owns 1,273 shares of the industrial products company's stock valued at $751,000 after buying an additional 19 shares during the last quarter. Smith Shellnut Wilson LLC ADV lifted its position in shares of Roper Technologies by 2.7% in the fourth quarter. Smith Shellnut Wilson LLC ADV now owns 767 shares of the industrial products company's stock valued at $399,000 after buying an additional 20 shares during the last quarter. Finally, Tritonpoint Wealth LLC lifted its position in shares of Roper Technologies by 2.7% in the first quarter. Tritonpoint Wealth LLC now owns 760 shares of the industrial products company's stock valued at $448,000 after buying an additional 20 shares during the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Roper Technologies news, VP John K. Stipancich sold 1,500 shares of the firm's stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total transaction of $846,255.00. Following the transaction, the vice president owned 38,932 shares in the company, valued at $21,964,266.44. This trade represents a 3.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard F. Wallman sold 352 shares of the firm's stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $556.25, for a total value of $195,800.00. Following the transaction, 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. 0.78% of the stock is owned by company insiders.

Roper Technologies Price Performance

Shares of NYSE ROP opened at $532.59 on Wednesday. The firm has a market cap of $57.31 billion, a P/E ratio of 37.14, a price-to-earnings-growth ratio of 2.77 and a beta of 0.99. The company has a current ratio of 0.40, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35. Roper Technologies, Inc. has a 1-year low of $499.47 and a 1-year high of $595.17. The business's 50 day moving average is $553.07 and its 200-day moving average is $564.14.

Roper Technologies (NYSE:ROP - Get Free Report) last announced its earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, topping analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a return on equity of 10.79% and a net margin of 22.01%.The business's quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter last year, the company earned $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. Equities research analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be paid 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 (DPR) is 23.19%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on ROP shares. Truist Financial raised their price objective on Roper Technologies from $675.00 to $685.00 and gave the company a "buy" rating in a research report on Tuesday, July 22nd. Mizuho set a $600.00 price objective on Roper Technologies in a research report on Friday, May 16th. 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 report on Tuesday, July 22nd. Robert W. Baird raised their price objective on Roper Technologies from $668.00 to $687.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd. Finally, Raymond James Financial reaffirmed a "strong-buy" rating and issued a $655.00 price objective on shares of Roper Technologies in a research report on Monday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Roper Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $637.40.

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.

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