Caxton Associates LLP Purchases Shares of 833 Roper Technologies, Inc. $ROP

Key Points

• Caxton Associates LLP acquired 833 shares of Roper Technologies, Inc., valued at approximately $491,000 during the first quarter.
• Institutional investors collectively own 93.31% of Roper Technologies' stock, indicating strong institutional interest.
• Roper Technologies announced a quarterly dividend of $0.825 to be paid on October 17th, reflecting a 0.6% yield.

Caxton Associates LLP purchased a new stake in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 833 shares of the industrial products company's stock, valued at approximately $491,000.

A number of other institutional investors have also bought and sold shares of ROP. Saudi Central Bank bought a new stake in Roper Technologies during the first quarter valued at $25,000. Banque Transatlantique SA acquired a new position in shares of Roper Technologies during the first quarter valued at about $25,000. MorganRosel Wealth Management LLC acquired a new position in shares of Roper Technologies during the first quarter valued at about $27,000. Putney Financial Group LLC acquired a new position in shares of Roper Technologies during the fourth quarter valued at about $31,000. Finally, Olde Wealth Management LLC acquired a new position in shares of Roper Technologies during the first quarter valued at about $31,000. Institutional investors own 93.31% of the company's stock.

Insider Activity

In other Roper Technologies 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 value of $846,255.00. Following the completion of the sale, the vice president owned 38,932 shares in the company, valued at approximately $21,964,266.44. This trade represents a 3.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Richard F. Wallman sold 352 shares of the stock in a transaction dated 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 sale, 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. Company insiders own 0.78% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ROP shares. 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 report on Tuesday, July 22nd. Citigroup started coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They set a "buy" rating and a $626.00 price objective on the stock. Mizuho set a $600.00 price objective on shares of Roper Technologies in a report on Friday, May 16th. Truist Financial upped their price objective on shares of Roper Technologies from $675.00 to $685.00 and gave the company a "buy" rating in a report on Tuesday, July 22nd. Finally, Royal Bank Of Canada upped their target price 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. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $636.36.

Roper Technologies Trading Up 0.8%

ROP opened at $517.38 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.40 and a quick ratio of 0.37. The firm has a market capitalization of $55.68 billion, a PE ratio of 36.08, a P/E/G ratio of 2.77 and a beta of 1.03. Roper Technologies, Inc. has a fifty-two week low of $499.47 and a fifty-two week high of $595.17. The company's 50-day moving average is $539.35 and its 200 day moving average is $558.27.

Roper Technologies (NYSE:ROP - Get Free Report) last posted its quarterly earnings data on Monday, July 21st. The industrial products company reported $4.87 EPS for the quarter, beating the consensus estimate of $4.83 by $0.04. Roper Technologies had a net margin of 22.01% and a return on equity of 10.79%. The business's revenue for the quarter was up 13.2% on a year-over-year basis. During the same period last year, the business posted $4.48 earnings per share. 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, research analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.