4,066 Shares in Roper Technologies, Inc. $ROP Purchased by AG2R LA Mondiale Gestion D Actifs

Key Points

• AG2R LA Mondiale Gestion D Actifs has acquired 4,066 shares of Roper Technologies, Inc., worth approximately $2.3 million, making it part of a trend where 93.31% of the stock is owned by institutional investors.
• Roper Technologies reported a quarterly earnings per share (EPS) of $4.87, surpassing estimates and reflecting a 13.2% year-over-year revenue increase.
• The company has announced a quarterly dividend of $0.825, which is set to be paid on October 17th, representing a positive annualized yield and a relatively low payout ratio of 23.19%.

AG2R LA Mondiale Gestion D Actifs acquired a new position in Roper Technologies, Inc. (NYSE:ROP - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 4,066 shares of the industrial products company's stock, valued at approximately $2,319,000.

Other large investors also recently bought and sold shares of the company. Saudi Central Bank bought a new stake in Roper Technologies in the 1st quarter worth about $25,000. MorganRosel Wealth Management LLC purchased a new position in Roper Technologies in the first quarter worth about $27,000. Banque Transatlantique SA purchased a new position in Roper Technologies in the first quarter worth about $25,000. Olde Wealth Management LLC purchased a new position in Roper Technologies in the first quarter worth about $31,000. Finally, Wayfinding Financial LLC purchased a new position in Roper Technologies in the first quarter worth about $31,000. 93.31% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Richard F. Wallman sold 352 shares of Roper Technologies stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $556.25, for a total transaction of $195,800.00. Following the completion of the transaction, the director directly owned 20,510 shares in the company, valued at approximately $11,408,687.50. This trade represents a 1.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP John K. Stipancich sold 1,500 shares of the business's stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $564.17, for a total value of $846,255.00. Following the completion of the transaction, the vice president directly owned 38,932 shares of the company's stock, valued at $21,964,266.44. The trade was a 3.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.78% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on ROP shares. Royal Bank Of Canada lifted their price objective on Roper Technologies from $695.00 to $703.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd. Truist Financial boosted their price target on Roper Technologies from $675.00 to $685.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. Robert W. Baird upped their price objective on Roper Technologies from $668.00 to $687.00 and gave the stock an "outperform" rating in a report on Tuesday, July 22nd. Citigroup began coverage on Roper Technologies in a research report on Wednesday, August 20th. They set a "buy" rating and a $626.00 target price on the stock. Finally, Mizuho set a $600.00 target price on Roper Technologies in a research report on Friday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Roper Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $636.36.

Roper Technologies Trading Down 0.9%

Roper Technologies stock opened at $512.53 on Friday. The stock has a 50-day moving average of $538.14 and a two-hundred day moving average of $557.75. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40. Roper Technologies, Inc. has a one year low of $499.47 and a one year high of $595.17. The stock has a market cap of $55.16 billion, a PE ratio of 35.74, a price-to-earnings-growth ratio of 2.77 and a beta of 1.03.

Roper Technologies (NYSE:ROP - Get Free Report) last released its quarterly 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 period in the previous year, the firm earned $4.48 earnings per share. The business's revenue for the quarter was up 13.2% on a year-over-year basis. 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 anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be paid a $0.825 dividend. This represents a $3.30 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, October 3rd. 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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