33,386 Shares in Roper Technologies, Inc. $ROP Acquired by Glenview Trust Co

Glenview Trust Co acquired a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 33,386 shares of the industrial products company’s stock, valued at approximately $11,297,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Brown Brothers Harriman & Co. boosted its position in shares of Roper Technologies by 1.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock worth $1,115,000 after acquiring an additional 23 shares in the last quarter. SeaCrest Wealth Management LLC raised its position in shares of Roper Technologies by 6.2% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock worth $223,000 after acquiring an additional 25 shares in the last quarter. Gulf International Bank UK Ltd lifted its stake in Roper Technologies by 0.5% during the fourth quarter. Gulf International Bank UK Ltd now owns 5,377 shares of the industrial products company’s stock worth $2,393,000 after purchasing an additional 29 shares during the last quarter. Paragon Capital Management Inc. boosted its holdings in Roper Technologies by 0.9% in the first quarter. Paragon Capital Management Inc. now owns 3,200 shares of the industrial products company’s stock valued at $1,132,000 after purchasing an additional 29 shares in the last quarter. Finally, MGO One Seven LLC boosted its holdings in Roper Technologies by 0.9% in the fourth quarter. MGO One Seven LLC now owns 3,392 shares of the industrial products company’s stock valued at $1,510,000 after purchasing an additional 31 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, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction dated 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 transaction, the director owned 7,423 shares of the company’s stock, valued at $2,679,703. This trade represents a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP John K. Stipancich sold 2,000 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president owned 35,634 shares in the company, valued at $13,507,067.70. This trade represents a 5.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.80% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on ROP. Piper Sandler cut their price objective on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. Weiss Ratings upgraded shares of Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 14th. Zacks Research lowered shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. JPMorgan Chase & Co. boosted their price target on shares of Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research report on Wednesday, July 29th. Finally, Raymond James Financial downgraded shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Roper Technologies has an average rating of “Hold” and an average price target of $466.94.

Roper Technologies Price Performance

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

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

Roper Technologies Announces Dividend

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

Roper Technologies Company Profile

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.