Boston Family Office LLC Sells 1,771 Shares of Roper Technologies, Inc. $ROP

Key Points

• Boston Family Office LLC reduced its stake in Roper Technologies by 4.7%, now holding 36,048 shares valued at approximately $21.25 million.
• Roper Technologies reported $4.87 EPS for the last quarter, exceeding analysts' expectations, and the company’s revenue increased by 13.2% year-over-year.
• The firm announced a quarterly dividend of $0.825 per share, representing an annual yield of 0.6%, with the ex-dividend date set for October 3rd.

Boston Family Office LLC trimmed its stake in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 4.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,048 shares of the industrial products company's stock after selling 1,771 shares during the quarter. Roper Technologies accounts for 1.5% of Boston Family Office LLC's portfolio, making the stock its 21st largest position. Boston Family Office LLC's holdings in Roper Technologies were worth $21,253,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. CWA Asset Management Group LLC lifted its position in shares of Roper Technologies by 8.6% in the first quarter. CWA Asset Management Group LLC now owns 768 shares of the industrial products company's stock worth $453,000 after purchasing an additional 61 shares in the last quarter. Freedom Day Solutions LLC purchased a new stake in shares of Roper Technologies in the first quarter worth approximately $1,808,000. Tandem Investment Advisors Inc. lifted its position in shares of Roper Technologies by 49.9% in the first quarter. Tandem Investment Advisors Inc. now owns 98,229 shares of the industrial products company's stock worth $57,914,000 after purchasing an additional 32,694 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Roper Technologies by 76.4% in the first quarter. GAMMA Investing LLC now owns 1,891 shares of the industrial products company's stock worth $1,115,000 after purchasing an additional 819 shares in the last quarter. Finally, Legacy Advisors LLC purchased a new stake in shares of Roper Technologies in the first quarter worth approximately $264,000. 93.31% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Roper Technologies

In other news, VP John K. Stipancich sold 1,500 shares of the business's stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $564.17, for a total value of $846,255.00. Following the sale, the vice president owned 38,932 shares in the company, valued at approximately $21,964,266.44. The trade was a 3.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard F. Wallman sold 352 shares of the business's stock in a transaction on Tuesday, July 22nd. The shares were 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 $11,408,687.50. This represents a 1.69% decrease in their position. The disclosure for this sale can be found here. 0.78% of the stock is currently owned by insiders.

Roper Technologies Stock Performance

Shares of ROP traded down $4.34 during mid-day trading on Thursday, hitting $536.18. The company's stock had a trading volume of 420,886 shares, compared to its average volume of 624,441. Roper Technologies, Inc. has a one year low of $499.47 and a one year high of $595.17. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40. The firm has a market capitalization of $57.70 billion, a PE ratio of 37.42, a price-to-earnings-growth ratio of 2.77 and a beta of 0.99. The stock's 50-day moving average is $552.49 and its two-hundred day moving average is $563.98.

Roper Technologies (NYSE:ROP - Get Free Report) last posted its quarterly 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 net margin of 22.01% and a return on equity of 10.79%. During the same quarter in the prior year, the company earned $4.48 EPS. 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. As a group, sell-side analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders 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 0.6%. The ex-dividend date is Friday, October 3rd. Roper Technologies's payout ratio is currently 23.19%.

Analyst Upgrades and Downgrades

ROP has been the topic of a number of research reports. Barclays restated an "underweight" rating on shares of Roper Technologies in a report on Monday, April 28th. Stifel Nicolaus dropped their price objective on Roper Technologies from $685.00 to $650.00 and set a "buy" rating on the stock in a report on Tuesday, April 29th. Royal Bank Of Canada increased their price objective on Roper Technologies from $695.00 to $703.00 and gave the stock an "outperform" rating in a report on Tuesday, July 22nd. Oppenheimer restated an "outperform" rating and issued a $640.00 price objective on shares of Roper Technologies in a report on Monday, April 28th. Finally, Truist Financial increased their price target on Roper Technologies from $675.00 to $685.00 and gave the company a "buy" rating in a report on Tuesday, July 22nd. One equities 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 assigned a Sell rating to the company's 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.