Van Hulzen Asset Management LLC Cuts Stock Position in Roper Technologies, Inc. $ROP

Van Hulzen Asset Management LLC reduced its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 10.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,226 shares of the industrial products company's stock after selling 2,718 shares during the quarter. Van Hulzen Asset Management LLC's holdings in Roper Technologies were worth $7,859,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. California State Teachers Retirement System raised its holdings in shares of Roper Technologies by 31,706.7% during the 2nd quarter. California State Teachers Retirement System now owns 56,111,830 shares of the industrial products company's stock worth $18,987,682,000 after acquiring an additional 55,935,415 shares in the last quarter. BlackRock Inc. bought a new stake in Roper Technologies in the second quarter worth about $3,346,912,000. State Street Corp lifted its position in shares of Roper Technologies by 2.1% during the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company's stock worth $2,266,604,000 after purchasing an additional 105,250 shares during the last quarter. Geode Capital Management LLC boosted its position in Roper Technologies by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company's stock valued at $1,172,099,000 after buying an additional 22,335 shares during the period. Finally, Wellington Management Group LLP bought a new position in Roper Technologies in the second quarter worth approximately $890,328,000. 93.31% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Robert W. Baird set a $480.00 price target on Roper Technologies in a research report on Friday, July 24th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $417.00 target price on shares of Roper Technologies in a research report on Tuesday, August 18th. BMO Capital Markets initiated coverage on Roper Technologies in a research note on Friday, July 10th. They set a "market perform" rating and a $393.00 price objective on the stock. Weiss Ratings upgraded Roper Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday, August 14th. Finally, Mizuho set a $355.00 price objective on shares of Roper Technologies in a research report on Tuesday, July 21st. Seven analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Roper Technologies presently has a consensus rating of "Hold" and an average target price of $466.94.

Roper Technologies Stock Down 1.3%

Roper Technologies stock opened at $390.35 on Thursday. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $521.28. The company has a market cap of $38.61 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 1.98 and a beta of 0.75. The stock's 50 day moving average price is $387.90 and its 200 day moving average price is $359.38.

Roper Technologies (NASDAQ:ROP - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.29 by $0.09. The business had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The company's quarterly revenue was up 8.5% compared to the same quarter last year. During the same period last year, the firm 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. On average, sell-side analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be given a $0.91 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. Roper Technologies's payout ratio is currently 15.08%.

Insider Buying and Selling at Roper Technologies

In other Roper Technologies news, Director Richard Wallman sold 6,434 shares of the firm's stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $361.00, for a total value of $2,322,674.00. Following the sale, the director directly owned 7,423 shares of the company's stock, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John Stipancich sold 2,000 shares of the firm's stock in a transaction that occurred on 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 directly owned 35,634 shares in the company, valued at $13,507,067.70. This represents a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.80% of the company's stock.

Roper Technologies Company Profile

Roper Technologies, Inc NASDAQ: ROP is a diversified technology company that develops and operates specialized businesses serving niche markets. Its portfolio primarily consists of software and technology-enabled businesses that provide products and services to commercial, government, healthcare, education, and other professional customers.

The company's activities include vertical-market software, network and data-management software, and technology-enabled products. Its software businesses support functions such as healthcare operations, education administration, construction and engineering, legal and professional services, and enterprise workflow management.

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