First Western Trust Bank Sells 320 Shares of Roper Technologies, Inc. $ROP

First Western Trust Bank cut its stake in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 3.6% in the second quarter, HoldingsChannel.com reports. The fund owned 8,607 shares of the industrial products company’s stock after selling 320 shares during the period. First Western Trust Bank’s holdings in Roper Technologies were worth $4,879,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of ROP. Brighton Jones LLC bought a new position in shares of Roper Technologies during the fourth quarter worth $203,000. Alps Advisors Inc. acquired a new stake in Roper Technologies during the 1st quarter worth $366,000. Mutual of America Capital Management LLC lifted its holdings in Roper Technologies by 65.0% during the first quarter. Mutual of America Capital Management LLC now owns 21,198 shares of the industrial products company’s stock worth $12,498,000 after acquiring an additional 8,354 shares in the last quarter. Schechter Investment Advisors LLC increased its holdings in shares of Roper Technologies by 11.5% in the first quarter. Schechter Investment Advisors LLC now owns 873 shares of the industrial products company’s stock worth $515,000 after acquiring an additional 90 shares in the last quarter. Finally, CWM LLC raised its position in shares of Roper Technologies by 4.5% during the first quarter. CWM LLC now owns 3,807 shares of the industrial products company’s stock worth $2,244,000 after purchasing an additional 163 shares during the period. Institutional investors own 93.31% of the company’s stock.

Insider Activity at Roper Technologies

In other news, CEO Laurence Neil Hunn sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $443.57, for a total transaction of $13,307,100.00. Following the sale, the chief executive officer owned 87,311 shares in the company, valued at $38,728,540.27. This represents a 25.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Amy Woods Brinkley acquired 1,200 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was bought at an average cost of $450.71 per share, with a total value of $540,852.00. Following the acquisition, the director owned 18,184 shares in the company, valued at $8,195,710.64. The trade was a 7.07% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.78% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on ROP shares. Jefferies Financial Group decreased their price objective on Roper Technologies from $685.00 to $650.00 and set a “buy” rating for the company in a research report on Thursday, October 23rd. Robert W. Baird set a $592.00 price target on shares of Roper Technologies in a report on Friday, October 24th. Royal Bank Of Canada lowered shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $644.00 to $539.00 in a report on Monday, October 27th. Mizuho reduced their target price on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a research note on Friday, October 17th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Roper Technologies in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $577.83.

Get Our Latest Analysis on Roper Technologies

Roper Technologies Stock Performance

Shares of ROP opened at $455.20 on Thursday. The stock has a market capitalization of $49.00 billion, a price-to-earnings ratio of 31.37, a PEG ratio of 2.13 and a beta of 0.98. Roper Technologies, Inc. has a 12 month low of $435.42 and a 12 month high of $595.17. The firm has a fifty day simple moving average of $491.89 and a 200 day simple moving average of $533.48. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46.

Roper Technologies (NASDAQ:ROPGet Free Report) last issued its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, topping the consensus estimate of $5.11 by $0.03. The firm had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $2.02 billion. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period in the previous year, the firm posted $4.62 EPS. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. Research analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 2nd will be paid a $0.91 dividend. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, January 2nd. Roper Technologies’s dividend payout ratio is 25.09%.

Roper Technologies Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NASDAQ:ROPFree Report).

Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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