Roper Technologies, Inc. $ROP Holdings Decreased by Eastern Bank

Key Points

• Eastern Bank cut its Roper Technologies stake by 99.4% in the second quarter, selling 14,000 shares and retaining just 88 shares worth approximately $30,000. Institutional investors still own 93.31% of the company.
• Roper reported quarterly earnings of $5.38 per share, beating estimates of $5.29, while revenue rose 8.5% year over year to $2.11 billion. The company issued fiscal 2026 EPS guidance of $22.15 to $22.30.
• Insiders sold shares, including an executive vice president’s $758,100 transaction and a director’s $2.32 million sale. Analysts’ consensus rating remains “Hold”, with an average price target of $466.94.

Eastern Bank trimmed its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 99.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 88 shares of the industrial products company's stock after selling 14,000 shares during the period. Eastern Bank's holdings in Roper Technologies were worth $30,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Norges Bank acquired a new position in shares of Roper Technologies in the 4th quarter valued at about $1,112,873,000. Vanguard Group Inc. boosted its holdings in shares of Roper Technologies by 12.5% during the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company's stock worth $5,553,932,000 after purchasing an additional 1,384,656 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Roper Technologies by 206.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,339,710 shares of the industrial products company's stock worth $474,070,000 after purchasing an additional 903,223 shares during the period. OpenArc Corporate Advisory LLC purchased a new position in Roper Technologies during the fourth quarter valued at approximately $367,567,000. Finally, AQR Capital Management LLC increased its stake in Roper Technologies by 194.6% in the 4th quarter. AQR Capital Management LLC now owns 772,347 shares of the industrial products company's stock valued at $343,795,000 after buying an additional 510,138 shares during the period. 93.31% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP John K. Stipancich sold 2,000 shares of the company's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction of $758,100.00. Following the completion of the sale, the executive vice president owned 35,634 shares in the company, valued at approximately $13,507,067.70. This represents a 5.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $361.00, for a total value of $2,322,674.00. Following the transaction, the director directly owned 7,423 shares in the company, valued at approximately $2,679,703. This represents a 46.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is owned by company insiders.

Roper Technologies Price Performance

NASDAQ ROP opened at $397.08 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $39.27 billion, a PE ratio of 16.45, a price-to-earnings-growth ratio of 1.78 and a beta of 0.74. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $546.52. The company has a 50 day moving average price of $352.58 and a two-hundred day moving average price of $351.62.

Roper Technologies (NASDAQ:ROP - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, topping the consensus estimate of $5.29 by $0.09. The company had revenue of $2.11 billion for the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The business's revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter last year, the company earned $4.87 EPS. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. As a group, equities analysts predict that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, July 8th. Roper Technologies's dividend payout ratio is presently 15.08%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Argus upgraded shares of Roper Technologies from a "hold" rating to a "buy" rating and set a $450.00 target price for the company in a research report on Thursday. Royal Bank Of Canada upped their price target on shares of Roper Technologies from $407.00 to $417.00 and gave the stock a "sector perform" rating in a research note on Friday, July 24th. Raymond James Financial lowered Roper Technologies from a "strong-buy" rating to a "market perform" rating in a report on Wednesday, July 22nd. Robert W. Baird set a $480.00 price objective on Roper Technologies in a research report on Friday, July 24th. Finally, Barclays lowered their target price on Roper Technologies from $380.00 to $373.00 and set an "underweight" rating on the stock in a research note on Friday, April 24th. Seven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Roper Technologies has a consensus rating of "Hold" and an average price target of $466.94.

Roper Technologies Company Profile

Roper Technologies, Inc NASDAQ: ROP is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.

Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.

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