Roper Technologies, Inc. $ROP Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. boosted its position in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 45.9% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 7,126 shares of the industrial products company's stock after acquiring an additional 2,241 shares during the quarter. Advisors Asset Management Inc.'s holdings in Roper Technologies were worth $4,201,000 at the end of the most recent reporting period.

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A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ROP. Brighton Jones LLC acquired a new stake in Roper Technologies during the 4th quarter worth about $203,000. Benjamin Edwards Inc. lifted its holdings in shares of Roper Technologies by 2.5% in the 4th quarter. Benjamin Edwards Inc. now owns 1,610 shares of the industrial products company's stock valued at $837,000 after buying an additional 39 shares during the period. Captrust Financial Advisors lifted its holdings in shares of Roper Technologies by 2.1% in the 4th quarter. Captrust Financial Advisors now owns 9,964 shares of the industrial products company's stock valued at $5,180,000 after buying an additional 204 shares during the period. Centiva Capital LP acquired a new position in shares of Roper Technologies in the 4th quarter valued at about $430,000. Finally, EP Wealth Advisors LLC lifted its holdings in shares of Roper Technologies by 37.5% in the 4th quarter. EP Wealth Advisors LLC now owns 740 shares of the industrial products company's stock valued at $385,000 after buying an additional 202 shares during the period. Institutional investors and hedge funds own 93.31% of the company's stock.

Roper Technologies Price Performance

Shares of Roper Technologies stock opened at $518.44 on Friday. The business has a 50 day simple moving average of $543.45 and a two-hundred day simple moving average of $559.89. Roper Technologies, Inc. has a 12 month low of $499.47 and a 12 month high of $595.17. The stock has a market capitalization of $55.79 billion, a P/E ratio of 36.15, a PEG ratio of 2.77 and a beta of 1.03. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.40 and a quick ratio of 0.37.

Roper Technologies (NYSE:ROP - Get Free Report) last announced its earnings results on Monday, July 21st. The industrial products company reported $4.87 EPS for the quarter, beating analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a return on equity of 10.79% and a net margin of 22.01%.During the same quarter in the previous year, the company earned $4.48 earnings per share. The firm's revenue was up 13.2% compared to the same quarter last year. 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, analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

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

Analyst Ratings Changes

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

Check Out Our Latest Stock Analysis on ROP

Insider Buying and Selling

In other Roper Technologies news, VP John K. Stipancich sold 1,500 shares of the stock in a transaction that occurred 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 transaction, the vice president 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard F. Wallman sold 352 shares of the stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $556.25, for a total value of $195,800.00. Following the transaction, the director directly owned 20,510 shares of the company's stock, valued at $11,408,687.50. The trade was a 1.69% decrease in their position. The disclosure for this sale can be found here. 0.78% of the stock is owned by corporate insiders.

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.

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