Roper Technologies, Inc. $ROP Shares Acquired by Triasima Portfolio Management inc.

Triasima Portfolio Management inc. lifted its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 1,372.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,772 shares of the industrial products company’s stock after buying an additional 5,380 shares during the quarter. Triasima Portfolio Management inc.’s holdings in Roper Technologies were worth $3,272,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Endowment Wealth Management Inc. grew its position in shares of Roper Technologies by 3.4% during the first quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company’s stock worth $327,000 after buying an additional 18 shares in the last quarter. Fiduciary Alliance LLC grew its position in shares of Roper Technologies by 0.8% during the second quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company’s stock worth $1,329,000 after buying an additional 18 shares in the last quarter. My Legacy Advisors LLC grew its position in shares of Roper Technologies by 1.5% during the first quarter. My Legacy Advisors LLC now owns 1,273 shares of the industrial products company’s stock worth $751,000 after buying an additional 19 shares in the last quarter. Tritonpoint Wealth LLC grew its position in shares of Roper Technologies by 2.7% during the first quarter. Tritonpoint Wealth LLC now owns 760 shares of the industrial products company’s stock worth $448,000 after buying an additional 20 shares in the last quarter. Finally, Winch Advisory Services LLC grew its position in shares of Roper Technologies by 2.2% during the first quarter. Winch Advisory Services LLC now owns 944 shares of the industrial products company’s stock worth $557,000 after buying an additional 20 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Insiders Place Their Bets

In related news, 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 sale, the vice president directly owned 38,932 shares in the company, valued at $21,964,266.44. The trade was a 3.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 sale, the director owned 20,510 shares in the company, valued at approximately $11,408,687.50. This represents a 1.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.87% of the company’s stock.

Roper Technologies Stock Performance

ROP stock opened at $510.57 on Wednesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.43 and a current ratio of 0.46. The stock has a market capitalization of $54.94 billion, a price-to-earnings ratio of 35.88, a PEG ratio of 2.38 and a beta of 1.00. Roper Technologies, Inc. has a 1 year low of $492.25 and a 1 year high of $595.17. The stock’s fifty day moving average is $520.60 and its two-hundred day moving average is $548.89.

Roper Technologies (NASDAQ:ROP) last posted its earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.83 by $0.04. Roper Technologies had a return on equity of 10.83% and a net margin of 20.62%.Roper Technologies’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the previous year, the business earned $4.48 EPS. 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 predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be paid a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Friday, October 3rd. Roper Technologies’s dividend payout ratio (DPR) is presently 23.19%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Roper Technologies in a report on Saturday, September 27th. Royal Bank Of Canada lifted their price objective on shares of Roper Technologies from $695.00 to $703.00 and gave the stock an “outperform” rating in a report on Tuesday, July 22nd. Robert W. Baird lifted their price objective on shares of Roper Technologies from $668.00 to $687.00 and gave the stock an “outperform” rating in a report on Tuesday, July 22nd. Barclays decreased their price objective on shares of Roper Technologies from $562.00 to $550.00 and set an “underweight” rating for the company in a report on Wednesday, October 1st. Finally, Citigroup assumed coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $635.27.

About Roper Technologies

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.