BNP Paribas Financial Markets Grows Holdings in Roper Technologies, Inc. $ROP

Key Points

• BNP Paribas Financial Markets increased its stake in Roper Technologies by 20.0%, acquiring an additional 63,988 shares to own 383,373 shares worth approximately $226 million.
• Roper Technologies reported quarterly earnings of $4.87 per share, surpassing analysts' expectations, and has projected FY 2025 earnings guidance of 19.900-20.050 EPS.
• The company declared a quarterly dividend of $0.825 per share, with a yield of 0.6%, set for payment on October 17th.

BNP Paribas Financial Markets increased its holdings in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 20.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 383,373 shares of the industrial products company's stock after buying an additional 63,988 shares during the period. BNP Paribas Financial Markets owned about 0.36% of Roper Technologies worth $226,029,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. MorganRosel Wealth Management LLC acquired a new position in Roper Technologies in the 1st quarter valued at about $27,000. Putney Financial Group LLC acquired a new position in Roper Technologies in the 4th quarter valued at about $31,000. Olde Wealth Management LLC acquired a new position in Roper Technologies in the 1st quarter valued at about $31,000. Wayfinding Financial LLC acquired a new position in Roper Technologies in the 1st quarter valued at about $31,000. Finally, Alpine Bank Wealth Management acquired a new position in Roper Technologies in the 1st quarter valued at about $34,000. Institutional investors and hedge funds own 93.31% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. William Blair started coverage on shares of Roper Technologies in a research note on Monday, May 5th. They issued an "outperform" rating for the company. Royal Bank Of Canada upped their price objective on shares of Roper Technologies from $695.00 to $703.00 and gave the company an "outperform" rating in a research note on Tuesday, July 22nd. Robert W. Baird upped their price objective on shares of Roper Technologies from $668.00 to $687.00 and gave the company an "outperform" rating in a research note on Tuesday, July 22nd. Citigroup started coverage on shares of Roper Technologies in a research note on Wednesday, August 20th. They set a "buy" rating and a $626.00 price objective for the company. Finally, JPMorgan Chase & Co. upped their price objective on shares of Roper Technologies from $561.00 to $577.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $636.36.

Roper Technologies Trading Down 0.1%

Shares of NYSE:ROP traded down $0.28 during trading on Friday, reaching $526.31. 872,087 shares of the stock were exchanged, compared to its average volume of 632,657. 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 12-month low of $499.47 and a 12-month high of $595.17. The firm has a market cap of $56.64 billion, a price-to-earnings ratio of 36.70, a price-to-earnings-growth ratio of 2.77 and a beta of 0.99. The firm's 50-day moving average price is $547.80 and its 200 day moving average price is $561.46.

Roper Technologies (NYSE:ROP - Get Free Report) last issued its earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, topping 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 posted $4.48 earnings per share. The firm's revenue for the quarter 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. On average, sell-side analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

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

Insider Buying and Selling

In other Roper Technologies news, VP John K. Stipancich sold 1,500 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the vice president owned 38,932 shares in the company, valued at $21,964,266.44. This represents a 3.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard F. Wallman sold 352 shares of the company's stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $556.25, for a total value 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 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.

About Roper Technologies

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.