BI Asset Management Fondsmaeglerselskab A S Has $5.18 Million Position in Roper Technologies, Inc. $ROP

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its stake in Roper Technologies, Inc. by 136.4% during Q1, holding shares valued at $5.18 million.
• Roper Technologies recently announced a quarterly dividend of $0.825 per share, with an annualized yield of 0.6%, to be paid on October 17th.
• Equities research analysts have set a consensus rating of "Moderate Buy" for Roper Technologies, with an average target price of $636.36.

BI Asset Management Fondsmaeglerselskab A S raised its holdings in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 136.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,784 shares of the industrial products company's stock after acquiring an additional 5,068 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Roper Technologies were worth $5,179,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. CWA Asset Management Group LLC grew its stake in shares of Roper Technologies by 8.6% during the first quarter. CWA Asset Management Group LLC now owns 768 shares of the industrial products company's stock worth $453,000 after purchasing an additional 61 shares during the period. Freedom Day Solutions LLC bought a new position in Roper Technologies during the first quarter worth about $1,808,000. Tandem Investment Advisors Inc. grew its position in shares of Roper Technologies by 49.9% during the 1st quarter. Tandem Investment Advisors Inc. now owns 98,229 shares of the industrial products company's stock worth $57,914,000 after buying an additional 32,694 shares during the period. GAMMA Investing LLC increased its stake in shares of Roper Technologies by 76.4% in the 1st quarter. GAMMA Investing LLC now owns 1,891 shares of the industrial products company's stock valued at $1,115,000 after acquiring an additional 819 shares during the last quarter. Finally, Legacy Advisors LLC acquired a new stake in shares of Roper Technologies in the 1st quarter valued at approximately $264,000. Institutional investors and hedge funds own 93.31% of the company's stock.

Insiders Place Their Bets

In related news, Director Richard F. Wallman sold 352 shares of the stock in a transaction on Tuesday, July 22nd. The shares were 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 in the company, valued at approximately $11,408,687.50. This represents a 1.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP John K. Stipancich sold 1,500 shares of Roper Technologies stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $564.17, for a total transaction of $846,255.00. Following the completion of the sale, the vice president owned 38,932 shares in the company, 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. Insiders own 0.78% of the company's stock.

Roper Technologies Price Performance

ROP stock opened at $540.52 on Thursday. The stock has a 50-day moving average price of $552.49 and a two-hundred day moving average price of $563.98. Roper Technologies, Inc. has a 1 year low of $499.47 and a 1 year high of $595.17. The stock has a market cap of $58.17 billion, a PE ratio of 37.69, a price-to-earnings-growth ratio of 2.77 and a beta of 0.99. The company has a current ratio of 0.40, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35.

Roper Technologies (NYSE:ROP - Get Free Report) last posted 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 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. Equities analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be issued a $0.825 dividend. The ex-dividend date 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 (DPR) is 23.19%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Robert W. Baird increased their target price 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. Barclays reaffirmed an "underweight" rating on shares of Roper Technologies in a research note on Monday, April 28th. Stifel Nicolaus reduced their target price on Roper Technologies from $685.00 to $650.00 and set a "buy" rating on the stock in a report on Tuesday, April 29th. Royal Bank Of Canada increased their price target on Roper Technologies from $695.00 to $703.00 and gave the stock an "outperform" rating in a report on Tuesday, July 22nd. Finally, Truist Financial lifted 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Roper Technologies has a consensus rating of "Moderate Buy" and an average target price of $636.36.

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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