Union Bancaire Privee UBP SA Trims Holdings in Roper Technologies, Inc. $ROP

Key Points

• Union Bancaire Privee UBP SA has reduced its stake in Roper Technologies by 10.5% in the second quarter, now holding 117,245 shares valued at approximately $62.72 million.
• Roper Technologies has received a consensus rating of "Moderate Buy" from analysts, with price targets ranging from $561 to $703 after recent analyst upgrades.
• The company announced a quarterly dividend of $0.825 per share, which is expected to yield 0.7% annually, with the payment date set for October 17th.

Union Bancaire Privee UBP SA decreased its holdings in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 10.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 117,245 shares of the industrial products company's stock after selling 13,688 shares during the quarter. Roper Technologies comprises 1.3% of Union Bancaire Privee UBP SA's investment portfolio, making the stock its 23rd largest holding. Union Bancaire Privee UBP SA owned 0.11% of Roper Technologies worth $62,723,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Saudi Central Bank purchased a new stake in Roper Technologies in the 1st quarter valued at $25,000. Banque Transatlantique SA purchased a new stake in shares of Roper Technologies during the first quarter worth approximately $25,000. MorganRosel Wealth Management LLC purchased a new position in Roper Technologies in the 1st quarter valued at $27,000. Olde Wealth Management LLC acquired a new position in Roper Technologies in the 1st quarter valued at $31,000. Finally, Wayfinding Financial LLC purchased a new position in Roper Technologies during the 1st quarter worth $31,000. Hedge funds and other institutional investors own 93.31% of the company's stock.

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 dated Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total value of $846,255.00. Following the sale, the vice president directly owned 38,932 shares of the company's stock, valued at approximately $21,964,266.44. This trade represents a 3.71% decrease in their position. The sale was disclosed in a 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 dated Tuesday, July 22nd. The stock was sold at an average price of $556.25, for a total value of $195,800.00. Following the completion of the sale, the director directly owned 20,510 shares in the company, valued at approximately $11,408,687.50. The trade was a 1.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.78% of the stock is owned by company insiders.

Analyst Ratings Changes

ROP has been the subject of several research analyst reports. Robert W. Baird increased their price objective on Roper Technologies from $668.00 to $687.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. Truist Financial increased their price objective on Roper Technologies from $675.00 to $685.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. increased their price objective on Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. 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 research report on Tuesday, July 22nd. Finally, Citigroup initiated coverage on Roper Technologies in a research report on Wednesday, August 20th. They issued a "buy" rating and a $626.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $636.36.

Roper Technologies Stock Up 0.3%

Roper Technologies stock opened at $500.96 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.43 and a current ratio of 0.46. The firm has a market capitalization of $53.91 billion, a price-to-earnings ratio of 35.20, a price-to-earnings-growth ratio of 2.34 and a beta of 1.03. Roper Technologies, Inc. has a fifty-two week low of $492.25 and a fifty-two week high of $595.17. The stock's fifty day moving average is $527.70 and its two-hundred day moving average is $551.79.

Roper Technologies (NASDAQ:ROP - Get Free Report) last posted its quarterly earnings data on Monday, July 21st. The industrial products company reported $4.87 EPS for the quarter, beating analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a return on equity of 10.83% and a net margin of 20.62%.The company'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. Analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Friday, October 3rd will be paid a dividend of $0.825 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $3.30 dividend on an annualized basis and a dividend yield of 0.7%. Roper Technologies's dividend payout ratio (DPR) is presently 23.19%.

Roper Technologies Company 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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