Focus Partners Wealth Trims Stock Position in Roper Technologies, Inc. $ROP

Key Points

• Focus Partners Wealth has reduced its stake in Roper Technologies by 0.9%, owning approximately $73.5 million worth of shares after selling 1,173 during the first quarter.
• Roper Technologies reported a 13.2% increase in revenue year-over-year, with quarterly earnings of $4.87 per share, exceeding analysts' expectations.
• The company plans to distribute a quarterly dividend of $0.825 with a dividend yield of 0.6%, payable on October 17th.

Focus Partners Wealth cut its position in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 0.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 124,645 shares of the industrial products company's stock after selling 1,173 shares during the period. Focus Partners Wealth owned approximately 0.12% of Roper Technologies worth $73,489,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of ROP. Saudi Central Bank purchased a new position in Roper Technologies during the first quarter worth about $25,000. Banque Transatlantique SA purchased a new position in Roper Technologies during the first quarter worth about $25,000. MorganRosel Wealth Management LLC acquired a new position in shares of Roper Technologies in the 1st quarter worth approximately $27,000. Putney Financial Group LLC acquired a new position in shares of Roper Technologies in the 4th quarter worth approximately $31,000. Finally, Olde Wealth Management LLC acquired a new position in shares of Roper Technologies in the 1st quarter worth approximately $31,000. 93.31% of the stock is owned by hedge funds and other institutional investors.

Roper Technologies Price Performance

Shares of ROP opened at $519.67 on Wednesday. Roper Technologies, Inc. has a twelve month low of $499.47 and a twelve month high of $595.17. The firm's fifty day simple moving average is $541.52 and its 200-day simple moving average is $558.99. The firm has a market capitalization of $55.92 billion, a price-to-earnings ratio of 36.24, a PEG ratio of 2.77 and a beta of 1.03. 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 announced its quarterly earnings data on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, beating 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%. During the same period last year, the business posted $4.48 EPS. Roper Technologies'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. Equities analysts forecast 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 $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 is presently 23.19%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Royal Bank Of Canada upped their price objective 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. JPMorgan Chase & Co. upped their price objective on shares of Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a report on Tuesday, July 22nd. Truist Financial upped their target price on shares of Roper Technologies from $675.00 to $685.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. 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. Finally, Mizuho set a $600.00 target price on shares of Roper Technologies in a report on Friday, May 16th. 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 MarketBeat.com, Roper Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $636.36.

Insider Transactions at Roper Technologies

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 value of $195,800.00. Following the transaction, the director directly owned 20,510 shares of the company's stock, valued at $11,408,687.50. This trade represents a 1.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP John K. Stipancich sold 1,500 shares of the 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 transaction, the vice president directly owned 38,932 shares in the company, valued at $21,964,266.44. This trade represents a 3.71% decrease in their ownership of the stock. 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.

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