Boston Family Office LLC Has $21.25 Million Holdings in 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 lessened its holdings in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 4.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 36,048 shares of the industrial products company's stock after selling 1,771 shares during the period. 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.

A number of other institutional investors have also recently bought and sold shares of the business. Endowment Wealth Management Inc. grew its holdings in shares of Roper Technologies by 3.4% in the 1st 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 period. Meridian Financial Partners LLC grew its holdings in shares of Roper Technologies by 0.9% in the 1st 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 period. My Legacy Advisors LLC grew its holdings in shares of Roper Technologies by 1.5% in the 1st 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 period. Smith Shellnut Wilson LLC ADV grew its holdings in shares of Roper Technologies by 2.7% in the 4th 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 period. Finally, Tritonpoint Wealth LLC grew its holdings in shares of Roper Technologies by 2.7% in the 1st 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 period. Institutional investors and hedge funds own 93.31% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ROP shares. Oppenheimer reissued an "outperform" rating and issued a $640.00 price target on shares of Roper Technologies in a report on Monday, April 28th. Raymond James Financial reissued a "strong-buy" rating and issued a $655.00 price target on shares of Roper Technologies in a research note on Monday, April 28th. Stifel Nicolaus dropped their price target on Roper Technologies from $685.00 to $650.00 and set a "buy" rating on the stock in a research note on Tuesday, April 29th. Mizuho set a $600.00 price target on Roper Technologies in a research note on Friday, May 16th. Finally, Royal Bank Of Canada lifted their price target on Roper Technologies from $695.00 to $703.00 and gave the company an "outperform" rating in a research note on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $637.40.

Roper Technologies Stock Performance

ROP stock traded up $0.31 during mid-day trading on Tuesday, hitting $532.59. 762,741 shares of the company were exchanged, compared to its average volume of 621,270. The business has a 50 day simple moving average of $553.87 and a 200-day simple moving average of $564.37. Roper Technologies, Inc. has a 1-year low of $499.47 and a 1-year high of $595.17. The stock has a market capitalization of $57.31 billion, a PE 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 (NYSE:ROP - Get Free Report) last announced 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 net margin of 22.01% and a return on equity of 10.79%. During the same quarter last year, the firm posted $4.48 EPS. The business's revenue for the quarter was up 13.2% on a year-over-year basis. 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, equities analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Dividend Announcement

The company also recently declared 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. The ex-dividend date is Friday, October 3rd. This represents a $3.30 annualized dividend and a dividend yield of 0.6%. Roper Technologies's dividend payout ratio (DPR) is currently 23.19%.

Insider Activity at Roper Technologies

In other news, VP John K. Stipancich sold 1,500 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total value of $846,255.00. Following the completion of the transaction, the vice president directly owned 38,932 shares in the company, valued at approximately $21,964,266.44. This represents a 3.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Richard F. Wallman sold 352 shares of the firm's stock in a transaction 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 sale, the director directly 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.

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.