Glenview Trust Co Acquires New Stake in Roper Technologies, Inc. $ROP

Glenview Trust Co acquired a new stake in Roper Technologies, Inc. (NASDAQ:ROP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 33,386 shares of the industrial products company’s stock, valued at approximately $11,297,000.

A number of other large investors also recently bought and sold shares of ROP. Triumph Capital Management purchased a new stake in shares of Roper Technologies in the third quarter valued at about $25,000. Private Wealth Management Group LLC increased its stake in shares of Roper Technologies by 195.8% during the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 47 shares during the period. Tucker Asset Management LLC purchased a new position in Roper Technologies during the fourth quarter worth about $33,000. Edmond DE Rothschild Holding S.A. acquired a new stake in Roper Technologies in the second quarter valued at about $27,000. Finally, Kelleher Financial Advisors acquired a new stake in Roper Technologies in the third quarter valued at about $40,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Trading Up 2.3%

Shares of ROP opened at $422.69 on Friday. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $532.18. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $41.80 billion, a P/E ratio of 17.51, a PEG ratio of 1.86 and a beta of 0.74. The firm’s 50-day moving average is $374.04 and its two-hundred day moving average is $354.20.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.29 by $0.09. The company had revenue of $2.11 billion during the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. Roper Technologies’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.87 earnings per share. 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, research analysts predict that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a dividend of $0.91 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $3.64 annualized dividend and a yield of 0.9%. Roper Technologies’s payout ratio is currently 15.08%.

Analysts Set New Price Targets

Several equities analysts have issued reports on ROP shares. JPMorgan Chase & Co. boosted their target price on Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 29th. Piper Sandler reduced their price target on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a report on Friday, July 24th. BMO Capital Markets assumed coverage on Roper Technologies in a research note on Friday, July 10th. They issued a “market perform” rating and a $393.00 price target on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $417.00 price objective on shares of Roper Technologies in a report on Tuesday, August 18th. Finally, Argus upgraded Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price objective for the company in a research report on Thursday, August 6th. Seven analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $466.94.

Insiders Place Their Bets

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of the business’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the sale, the director directly owned 7,423 shares in the company, valued at approximately $2,679,703. The trade was a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $379.05, for a total value 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 trade represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is currently owned by insiders.

About Roper Technologies

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.