Hahn Capital Management LLC Sells 1,069 Shares of Roper Technologies, Inc. $ROP

Hahn Capital Management LLC decreased its stake in shares of Roper Technologies, Inc. (NYSE:ROP) by 9.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 10,477 shares of the industrial products company’s stock after selling 1,069 shares during the quarter. Roper Technologies accounts for about 3.0% of Hahn Capital Management LLC’s investment portfolio, making the stock its 19th biggest position. Hahn Capital Management LLC’s holdings in Roper Technologies were worth $6,177,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in ROP. Saudi Central Bank bought a new position in shares of Roper Technologies during the 1st quarter worth about $25,000. Banque Transatlantique SA acquired a new position in shares of Roper Technologies in the first quarter valued at $25,000. MorganRosel Wealth Management LLC bought a new position in Roper Technologies in the first quarter worth $27,000. Putney Financial Group LLC acquired a new stake in Roper Technologies during the fourth quarter worth $31,000. Finally, Olde Wealth Management LLC bought a new stake in Roper Technologies in the 1st quarter valued at $31,000. Institutional investors own 93.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on ROP shares. Mizuho set a $600.00 price target on shares of Roper Technologies in a research report on Friday, May 16th. Robert W. Baird upped their price objective on Roper Technologies from $668.00 to $687.00 and gave the company an “outperform” rating in a research note on Tuesday, July 22nd. Citigroup started coverage on Roper Technologies in a research report on Wednesday, August 20th. They set a “buy” rating and a $626.00 target price for the company. Truist Financial boosted their price target on Roper Technologies from $675.00 to $685.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. Finally, 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 note on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Roper Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $636.36.

Roper Technologies Stock Up 0.8%

Shares of NYSE ROP opened at $517.38 on Friday. Roper Technologies, Inc. has a 12-month low of $499.47 and a 12-month high of $595.17. The firm’s 50-day simple moving average is $539.35 and its 200 day simple moving average is $558.27. The company has a market cap of $55.68 billion, a price-to-earnings ratio of 36.08, a price-to-earnings-growth ratio of 2.77 and a beta of 1.03. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35.

Roper Technologies (NYSE:ROP) last posted its quarterly earnings data on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, topping the consensus estimate of $4.83 by $0.04. Roper Technologies had a net margin of 22.01% and a return on equity of 10.79%. The firm’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the firm posted $4.48 earnings per share. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. On average, research analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently declared 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. This represents a $3.30 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, October 3rd. Roper Technologies’s payout ratio is 23.19%.

Insider Activity at Roper Technologies

In related news, Director Richard F. Wallman sold 352 shares of the business’s stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $556.25, for a total transaction of $195,800.00. Following the completion of the transaction, the director 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP John K. Stipancich sold 1,500 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total transaction of $846,255.00. Following the completion of the sale, the vice president owned 38,932 shares in the company, valued at approximately $21,964,266.44. This trade represents a 3.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.78% of the company’s stock.

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.