140,519 Shares in Roper Technologies, Inc. $ROP Acquired by GFI Investment Counsel Ltd.

Key Points

• GFI Investment Counsel Ltd. acquired 140,519 shares of Roper Technologies, Inc., valued at approximately $82.8 million, making it the second largest holding of the firm.
• A number of analysts have issued positive ratings on Roper Technologies, with price targets ranging from $577 to $685, suggesting a Moderate Buy rating for the stock.
• Roper Technologies recently declared a quarterly dividend of $0.825 per share, with an annualized dividend yield of 0.6%, reflecting a dividend payout ratio of 23.19%.

GFI Investment Counsel Ltd. purchased a new stake in Roper Technologies, Inc. (NYSE:ROP - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 140,519 shares of the industrial products company's stock, valued at approximately $82,847,000. Roper Technologies makes up about 9.6% of GFI Investment Counsel Ltd.'s holdings, making the stock its 2nd biggest position. GFI Investment Counsel Ltd. owned about 0.13% of Roper Technologies at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Brighton Jones LLC bought a new stake in Roper Technologies in the 4th quarter valued at $203,000. TD Waterhouse Canada Inc. increased its stake in Roper Technologies by 2.8% in the 4th quarter. TD Waterhouse Canada Inc. now owns 7,064 shares of the industrial products company's stock valued at $3,671,000 after buying an additional 194 shares during the last quarter. Stifel Financial Corp raised its holdings in Roper Technologies by 5.5% during the fourth quarter. Stifel Financial Corp now owns 54,800 shares of the industrial products company's stock worth $28,494,000 after acquiring an additional 2,879 shares in the last quarter. OneDigital Investment Advisors LLC raised its stake in shares of Roper Technologies by 2.1% during the 4th quarter. OneDigital Investment Advisors LLC now owns 1,021 shares of the industrial products company's stock worth $531,000 after purchasing an additional 21 shares in the last quarter. Finally, Hsbc Holdings PLC raised its position in Roper Technologies by 2.4% during the fourth quarter. Hsbc Holdings PLC now owns 314,299 shares of the industrial products company's stock worth $163,098,000 after acquiring an additional 7,515 shares in the last quarter. Institutional investors own 93.31% of the company's stock.

Insiders Place Their Bets

In related news, Director Richard F. Wallman sold 352 shares of the business's stock in a transaction 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 sale, the director owned 20,510 shares of the company's stock, valued at $11,408,687.50. The trade was a 1.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP John K. Stipancich sold 1,500 shares of the firm's stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total value of $846,255.00. Following the transaction, the vice president directly owned 38,932 shares of the company's stock, valued at approximately $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. 0.78% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on ROP shares. Citigroup initiated coverage on Roper Technologies in a research report on Wednesday. They issued a "buy" rating and a $626.00 price objective for the company. Oppenheimer restated an "outperform" rating and set a $640.00 target price on shares of Roper Technologies in a research report on Monday, April 28th. Mizuho set a $600.00 price target on Roper Technologies in a research note on Friday, May 16th. Truist Financial boosted their price objective on shares of Roper Technologies from $675.00 to $685.00 and gave the company a "buy" rating in a research report on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. increased their target price 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 research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Roper Technologies presently has an average rating of "Moderate Buy" and an average target price of $636.36.

Roper Technologies Price Performance

Shares of ROP opened at $540.52 on Thursday. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35. The stock has a market cap of $58.17 billion, a PE ratio of 37.69, a PEG ratio of 2.77 and a beta of 0.99. Roper Technologies, Inc. has a 12-month low of $499.47 and a 12-month high of $595.17. The business has a 50-day simple moving average of $552.49 and a two-hundred day simple moving average of $563.98.

Roper Technologies (NYSE:ROP - Get Free Report) last released its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, topping the consensus estimate of $4.83 by $0.04. Roper Technologies had a return on equity of 10.79% and a net margin of 22.01%.The business's revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the company 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. Analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

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

Roper Technologies Company 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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