Roper Technologies, Inc. $ROP Stock Position Raised by First Financial Bank Trust Division

First Financial Bank Trust Division lifted its position in Roper Technologies, Inc. (NYSE:ROP) by 3.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,288 shares of the industrial products company’s stock after acquiring an additional 412 shares during the quarter. First Financial Bank Trust Division’s holdings in Roper Technologies were worth $6,398,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Endowment Wealth Management Inc. boosted its holdings in Roper Technologies by 3.4% in the 1st quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company’s stock valued at $327,000 after purchasing an additional 18 shares during the period. Meridian Financial Partners LLC boosted its holdings in Roper Technologies by 0.9% in the 1st quarter. Meridian Financial Partners LLC now owns 2,071 shares of the industrial products company’s stock valued at $1,221,000 after purchasing an additional 19 shares during the period. My Legacy Advisors LLC boosted its holdings in Roper Technologies by 1.5% in the 1st quarter. My Legacy Advisors LLC now owns 1,273 shares of the industrial products company’s stock valued at $751,000 after purchasing an additional 19 shares during the period. Smith Shellnut Wilson LLC ADV boosted its holdings in Roper Technologies by 2.7% in the 4th quarter. Smith Shellnut Wilson LLC ADV now owns 767 shares of the industrial products company’s stock valued at $399,000 after purchasing an additional 20 shares during the period. Finally, Tritonpoint Wealth LLC boosted its holdings in Roper Technologies by 2.7% in the 1st quarter. Tritonpoint Wealth LLC now owns 760 shares of the industrial products company’s stock valued at $448,000 after purchasing an additional 20 shares during the period. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Price Performance

NYSE:ROP opened at $512.53 on Friday. The company has a 50-day moving average of $538.14 and a 200-day moving average of $557.75. The company has a market capitalization of $55.16 billion, a price-to-earnings ratio of 35.74, a PEG ratio of 2.77 and a beta of 1.03. Roper Technologies, Inc. has a 52 week low of $499.47 and a 52 week high of $595.17. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40.

Roper Technologies (NYSE:ROP) last announced its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, beating 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%. During the same quarter in the prior year, the company posted $4.48 earnings per share. The firm’s revenue was up 13.2% on a year-over-year basis. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. As a group, equities research analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Friday, October 3rd will be issued a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, October 3rd. Roper Technologies’s dividend payout ratio (DPR) is currently 23.19%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on ROP shares. Citigroup started coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price target for the company. Robert W. Baird increased their price target on shares of Roper Technologies from $668.00 to $687.00 and gave the company an “outperform” rating in a report on Tuesday, July 22nd. Truist Financial increased their price target on shares of Roper Technologies from $675.00 to $685.00 and gave the company a “buy” rating in a report on Tuesday, July 22nd. Mizuho set a $600.00 price objective on shares of Roper Technologies in a report on Friday, May 16th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Roper Technologies from $561.00 to $577.00 and gave the stock a “neutral” rating in a report on Tuesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Roper Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $636.36.

Insider Activity

In related news, Director Richard F. Wallman sold 352 shares of Roper Technologies stock in a transaction dated 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 directly owned 20,510 shares of the company’s stock, valued at $11,408,687.50. This trade represents a 1.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP John K. Stipancich sold 1,500 shares of Roper Technologies stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $564.17, for a total transaction of $846,255.00. Following the transaction, the vice president directly owned 38,932 shares of the company’s stock, valued at $21,964,266.44. This represents a 3.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.78% of the company’s stock.

Roper Technologies 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.