Czech National Bank Acquires 1,652 Shares of Roper Technologies, Inc. $ROP

Key Points

• The Czech National Bank increased its stake in Roper Technologies, Inc. by 6.7% during Q2, bringing its total holdings to 26,280 shares valued at approximately $14.9 million.
• Roper Technologies reported earnings per share (EPS) of $4.87 for the last quarter, exceeding analysts' expectations, with a revenue increase of 13.2% year-over-year.
• The company announced a quarterly dividend of $0.825, with an upcoming payout date of October 17th, reflecting an annualized yield of 0.7% and a payout ratio of 23.19%.

Czech National Bank grew its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 6.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,280 shares of the industrial products company's stock after acquiring an additional 1,652 shares during the period. Czech National Bank's holdings in Roper Technologies were worth $14,897,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in ROP. Endowment Wealth Management Inc. raised its stake in shares of Roper Technologies by 3.4% during the 1st quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company's stock worth $327,000 after purchasing an additional 18 shares in the last quarter. Meridian Financial Partners LLC raised its position in Roper Technologies by 0.9% during the first quarter. Meridian Financial Partners LLC now owns 2,071 shares of the industrial products company's stock valued at $1,221,000 after acquiring an additional 19 shares in the last quarter. My Legacy Advisors LLC raised its position in Roper Technologies by 1.5% during the first quarter. My Legacy Advisors LLC now owns 1,273 shares of the industrial products company's stock valued at $751,000 after acquiring an additional 19 shares in the last quarter. Smith Shellnut Wilson LLC ADV raised its holdings in shares of Roper Technologies by 2.7% during the 4th quarter. Smith Shellnut Wilson LLC ADV now owns 767 shares of the industrial products company's stock valued at $399,000 after purchasing an additional 20 shares in the last quarter. Finally, Tritonpoint Wealth LLC raised its holdings in shares of Roper Technologies by 2.7% during the 1st quarter. Tritonpoint Wealth LLC now owns 760 shares of the industrial products company's stock valued at $448,000 after purchasing an additional 20 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company's stock.

Roper Technologies Stock Performance

ROP traded down $0.64 on Thursday, hitting $509.01. 736,881 shares of the stock traded hands, compared to its average volume of 809,396. Roper Technologies, Inc. has a 52 week low of $499.00 and a 52 week high of $595.17. The company has a current ratio of 0.46, a quick ratio of 0.43 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $54.77 billion, a PE ratio of 35.77, a P/E/G ratio of 2.39 and a beta of 1.03. The business has a fifty day moving average price of $533.89 and a two-hundred day moving average price of $555.74.

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 (EPS) for the quarter, beating analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a return on equity of 10.83% and a net margin of 20.62%.The company's revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the firm 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. On average, research analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

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

Wall Street Analyst Weigh In

ROP has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised their price objective on Roper Technologies from $561.00 to $577.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. Citigroup initiated coverage on shares of Roper Technologies in a research report on Wednesday, August 20th. They issued a "buy" rating and a $626.00 price target on the stock. Robert W. Baird lifted their price target on shares of Roper Technologies from $668.00 to $687.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd. Truist Financial lifted their target price 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. Finally, Royal Bank Of Canada lifted 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 analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $636.36.

Insider Activity at Roper Technologies

In other Roper Technologies news, Director Richard F. Wallman sold 352 shares of the company's stock in a transaction 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 sale, the director directly owned 20,510 shares in the company, valued at $11,408,687.50. This represents a 1.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP John K. Stipancich sold 1,500 shares of the company's stock in a transaction dated Wednesday, July 23rd. The stock was 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 directly owned 38,932 shares in the company, valued at approximately $21,964,266.44. The trade was a 3.71% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.78% of the company's stock.

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.