Roper Technologies, Inc. $ROP Stock Holdings Decreased by Farmers & Merchants Investments Inc.

Key Points

• Farmers & Merchants Investments Inc. has reduced its stake in Roper Technologies by 7.2%, now holding shares valued at approximately $21.7 million.
• Major institutional investors continue to increase their positions in Roper Technologies, with new stakes purchased by Saudi Central Bank and Banque Transatlantique SA among others.
• Roper Technologies reported $4.87 EPS for its last quarter, exceeding estimates, and has announced a quarterly dividend of $0.825 to be paid in October.

Farmers & Merchants Investments Inc. lowered its stake in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 7.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 38,292 shares of the industrial products company's stock after selling 2,992 shares during the period. Farmers & Merchants Investments Inc.'s holdings in Roper Technologies were worth $21,705,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of ROP. Saudi Central Bank bought a new stake in shares of Roper Technologies in the 1st quarter worth about $25,000. Banque Transatlantique SA bought a new stake in shares of Roper Technologies in the 1st quarter worth about $25,000. MorganRosel Wealth Management LLC bought a new stake in shares of Roper Technologies in the 1st quarter worth about $27,000. Putney Financial Group LLC bought a new stake in shares of Roper Technologies in the 4th quarter worth about $31,000. Finally, Olde Wealth Management LLC bought a new stake in shares of Roper Technologies in the 1st quarter worth about $31,000. Institutional investors own 93.31% of the company's stock.

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 shares were 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 represents a 3.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard F. Wallman sold 352 shares of the stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $556.25, for a total transaction 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. 0.87% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ROP shares. Truist Financial boosted their price objective on shares of Roper Technologies from $675.00 to $685.00 and gave the company a "buy" rating in a research report on Tuesday, July 22nd. Royal Bank Of Canada boosted their price objective on shares of Roper Technologies from $695.00 to $703.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. boosted their price objective on shares of Roper Technologies from $561.00 to $577.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. Citigroup started coverage on shares of Roper Technologies in a research report on Wednesday, August 20th. They set a "buy" rating and a $626.00 price objective for the company. Finally, Robert W. Baird boosted their price objective on shares of Roper Technologies from $668.00 to $687.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $636.36.

Roper Technologies Stock Down 0.9%

ROP stock opened at $504.62 on Monday. Roper Technologies, Inc. has a 12 month low of $499.00 and a 12 month high of $595.17. The firm has a 50 day simple moving average of $533.03 and a 200 day simple moving average of $554.69. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.46 and a quick ratio of 0.43. The firm has a market cap of $54.30 billion, a PE ratio of 35.46, a P/E/G ratio of 2.37 and a beta of 1.03.

Roper Technologies (NASDAQ:ROP - Get Free Report) last released its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a net margin of 20.62% and a return on equity of 10.83%. During the same quarter last year, the company earned $4.48 EPS. Roper Technologies's revenue for the quarter 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. Equities research analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

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 $0.825 dividend. This represents a $3.30 annualized dividend and a yield of 0.7%. The ex-dividend date is Friday, October 3rd. Roper Technologies's dividend payout ratio is currently 23.19%.

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.

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