Douglass Winthrop Advisors LLC Has $123.36 Million Holdings in Roper Technologies, Inc. $ROP

Key Points

• Douglass Winthrop Advisors LLC increased its stake in Roper Technologies, Inc. by 1.8%, now owning approximately 0.19% of the company, which is valued at $123.36 million.
• Roper Technologies announced a quarterly dividend of $0.825 per share, reflecting an annualized dividend rate of $3.30 and a yield of 0.6%.
• Analysts maintain a generally positive outlook on Roper Technologies, with an average rating of "Moderate Buy" and a projected price target of $636.36.

Douglass Winthrop Advisors LLC grew its position in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 1.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 209,239 shares of the industrial products company's stock after purchasing an additional 3,612 shares during the period. Roper Technologies makes up approximately 2.3% of Douglass Winthrop Advisors LLC's holdings, making the stock its 19th biggest position. Douglass Winthrop Advisors LLC owned 0.19% of Roper Technologies worth $123,363,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Roper Technologies by 1.3% in 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 acquiring an additional 142,150 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in Roper Technologies by 9.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company's stock valued at $3,515,984,000 after purchasing an additional 500,764 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its position in shares of Roper Technologies by 0.4% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,171,740 shares of the industrial products company's stock valued at $3,049,155,000 after acquiring an additional 20,238 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Roper Technologies in the 1st quarter valued at approximately $894,764,000. Finally, Wellington Management Group LLP lifted its position in shares of 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 valued at $826,030,000 after acquiring an additional 672,306 shares in the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Roper Technologies Stock Performance

Roper Technologies stock traded down $2.36 during mid-day trading on Thursday, reaching $526.30. The company had a trading volume of 221,837 shares, compared to its average volume of 627,606. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35. Roper Technologies, Inc. has a 52 week low of $499.47 and a 52 week high of $595.17. The company has a 50 day moving average of $549.10 and a 200-day moving average of $562.29. The firm has a market cap of $56.64 billion, a price-to-earnings ratio of 36.71, a PEG ratio of 2.77 and a beta of 0.99.

Roper Technologies (NYSE:ROP - Get Free Report) last released its quarterly earnings data on Monday, July 21st. The industrial products company reported $4.87 EPS for the quarter, topping analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a net margin of 22.01% and a return on equity of 10.79%. The firm's revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior 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. On average, sell-side analysts expect that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

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 dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, October 3rd. Roper Technologies's dividend payout ratio (DPR) is presently 23.19%.

Wall Street Analyst Weigh In

Several brokerages recently commented on ROP. William Blair began coverage on shares of Roper Technologies in a research report on Monday, May 5th. They issued an "outperform" rating for the company. JPMorgan Chase & Co. upped their price target on shares of Roper Technologies from $561.00 to $577.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. Citigroup began 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 for the company. Mizuho set a $600.00 price objective on shares of Roper Technologies in a research note on Friday, May 16th. Finally, 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. One investment 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 issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $636.36.

Insider Transactions at Roper Technologies

In related news, 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 in the company, valued at $11,408,687.50. This trade represents a 1.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP John K. Stipancich sold 1,500 shares of the 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 sale, the vice president owned 38,932 shares of the company's stock, valued at $21,964,266.44. This trade represents a 3.71% decrease in their position. The disclosure for this sale can be found here. 0.87% of the stock is currently owned by company 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.