Wellington Shields Capital Management LLC decreased its position in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 58.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,210 shares of the industrial products company’s stock after selling 1,700 shares during the period. Wellington Shields Capital Management LLC’s holdings in Roper Technologies were worth $603,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in ROP. Asset Dedication LLC raised its holdings in shares of Roper Technologies by 800.0% during the 2nd quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 40 shares in the last quarter. Field & Main Bank acquired a new stake in shares of Roper Technologies in the third quarter valued at about $25,000. Vermillion & White Wealth Management Group LLC grew its holdings in Roper Technologies by 89.3% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after buying an additional 25 shares during the last quarter. CoreFirst Bank & Trust acquired a new stake in shares of Roper Technologies in the second quarter worth $39,000. Finally, J.Safra Asset Management Corp grew its position in Roper Technologies by 222.7% in the 2nd quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 49 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, CEO Laurence Neil Hunn purchased 10,000 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were purchased at an average price of $452.23 per share, with a total value of $4,522,300.00. Following the completion of the purchase, the chief executive officer owned 97,311 shares in the company, valued at $44,006,953.53. This represents a 11.45% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Amy Woods Brinkley acquired 1,200 shares of the stock in a transaction dated Wednesday, November 12th. The shares were bought at an average cost of $450.71 per share, with a total value of $540,852.00. Following the transaction, the director directly owned 18,184 shares of the company’s stock, valued at $8,195,710.64. This represents a 7.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have purchased 12,600 shares of company stock worth $5,564,996. Company insiders own 0.78% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on Roper Technologies
Roper Technologies Stock Performance
Shares of Roper Technologies stock opened at $362.42 on Friday. The stock’s fifty day simple moving average is $423.12 and its 200 day simple moving average is $474.29. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $39.01 billion, a PE ratio of 25.52, a PEG ratio of 1.68 and a beta of 0.92. Roper Technologies, Inc. has a 12 month low of $343.92 and a 12 month high of $595.17.
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $5.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.14 by $0.07. Roper Technologies had a return on equity of 10.99% and a net margin of 19.44%.The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same period in the prior year, the company earned $4.81 earnings per share. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. Roper Technologies has set its FY 2026 guidance at 21.300-21.550 EPS and its Q1 2026 guidance at 4.950-5.000 EPS. On average, research analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.
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.
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