568 Shares in Roper Technologies, Inc. $ROP Bought by Archford Capital Strategies LLC

Key Points

• Archford Capital Strategies LLC has made a new investment by purchasing 568 shares of Roper Technologies, Inc. valued at approximately $322,000 in the second quarter.
• Roper Technologies reported quarterly earnings of $4.87 per share, exceeding estimates, alongside a projected fiscal year guidance of $19.900-20.050 EPS for FY 2025.
• The firm announced a quarterly dividend of $0.825 per share payable on October 17, reflecting an annualized dividend of $3.30 and a yield of 0.7%.

Archford Capital Strategies LLC purchased a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 568 shares of the industrial products company's stock, valued at approximately $322,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in Roper Technologies by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 10,717,253 shares of the industrial products company's stock worth $6,318,678,000 after purchasing an additional 142,150 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Roper Technologies by 9.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company's stock worth $3,515,984,000 after purchasing an additional 500,764 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in Roper Technologies by 0.4% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,171,740 shares of the industrial products company's stock worth $3,049,155,000 after purchasing an additional 20,238 shares during the period. Nuveen LLC acquired a new position in Roper Technologies in the 1st quarter worth $894,764,000. Finally, Wellington Management Group LLP lifted its holdings in Roper Technologies by 92.3% in the 1st quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company's stock worth $826,030,000 after buying an additional 672,306 shares in the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP John K. Stipancich sold 1,500 shares of the stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $564.17, for a total transaction of $846,255.00. Following the sale, the vice president owned 38,932 shares in the company, valued at $21,964,266.44. This represents a 3.71% decrease in their ownership of the stock. The transaction 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 company's stock in a transaction dated 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 owned 20,510 shares of the company's stock, valued at approximately $11,408,687.50. This trade represents 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 Price Performance

ROP opened at $500.96 on Tuesday. The firm has a market cap of $53.91 billion, a price-to-earnings ratio of 35.20, a price-to-earnings-growth ratio of 2.34 and a beta of 1.03. Roper Technologies, Inc. has a fifty-two week low of $492.25 and a fifty-two week high of $595.17. The company's 50-day moving average price is $527.70 and its 200 day moving average price is $551.79. The company has a quick ratio of 0.43, a current ratio of 0.46 and a debt-to-equity ratio of 0.40.

Roper Technologies (NASDAQ:ROP - Get Free Report) last released its quarterly earnings data 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 net margin of 20.62% and a return on equity of 10.83%. The company's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter last year, the business 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. As a group, sell-side analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Friday, October 3rd will be paid a dividend of $0.825 per share. The ex-dividend date is Friday, October 3rd. This represents a $3.30 annualized dividend and a yield of 0.7%. Roper Technologies's dividend payout ratio is 23.19%.

Analyst Upgrades and Downgrades

ROP has been the topic of a number of recent analyst reports. Truist Financial boosted their price objective on shares of Roper Technologies from $675.00 to $685.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. JPMorgan Chase & Co. boosted their price objective 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. Royal Bank Of Canada boosted their price objective on shares of Roper Technologies from $695.00 to $703.00 and gave the stock an "outperform" rating in a report on Tuesday, July 22nd. Citigroup initiated coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They issued a "buy" rating and a $626.00 price objective on the stock. Finally, Robert W. Baird boosted their price objective on shares of Roper Technologies from $668.00 to $687.00 and gave the stock an "outperform" rating in a report on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Roper Technologies presently has an average rating of "Moderate Buy" and an average target price of $636.36.

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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