Roper Technologies, Inc. $ROP Shares Acquired by Goldman Sachs Group Inc.

Key Points

• Goldman Sachs Group Inc. has increased its stake in Roper Technologies, Inc. by 65.0%, acquiring an additional 252,056 shares, bringing its total ownership to approximately 640,127 shares, valued at $377.4 million.
• Roper Technologies recently reported $4.87 earnings per share for the last quarter, beating estimates, and announced a dividend of $0.825 per share, set to be paid on October 17th, with a 0.6% yield.
• Institutional investors control a significant 93.31% of Roper Technologies' stock, indicating strong support from major finance players.

Goldman Sachs Group Inc. lifted its stake in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 65.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 640,127 shares of the industrial products company's stock after acquiring an additional 252,056 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.60% of Roper Technologies worth $377,407,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC purchased a new stake in shares of Roper Technologies during the 4th quarter worth approximately $203,000. EP Wealth Advisors LLC raised its holdings in Roper Technologies by 37.5% during the 4th quarter. EP Wealth Advisors LLC now owns 740 shares of the industrial products company's stock valued at $385,000 after buying an additional 202 shares during the period. Laurion Capital Management LP purchased a new stake in Roper Technologies during the 4th quarter valued at $217,000. Lazard Asset Management LLC raised its holdings in Roper Technologies by 48.0% during the 4th quarter. Lazard Asset Management LLC now owns 148 shares of the industrial products company's stock valued at $76,000 after buying an additional 48 shares during the period. Finally, OMERS ADMINISTRATION Corp increased its stake in Roper Technologies by 336.9% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 16,146 shares of the industrial products company's stock worth $8,393,000 after purchasing an additional 12,450 shares during the period. 93.31% of the stock is currently owned by institutional investors.

Roper Technologies Stock Performance

NYSE ROP traded down $4.85 during trading hours on Friday, reaching $512.53. The stock had a trading volume of 615,447 shares, compared to its average volume of 641,163. The stock has a fifty day moving average of $539.35 and a 200 day moving average of $558.27. The stock has a market cap of $55.16 billion, a P/E ratio of 35.74, a price-to-earnings-growth ratio of 2.77 and a beta of 1.03. Roper Technologies, Inc. has a 52-week low of $499.47 and a 52-week high of $595.17. 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 (NYSE:ROP - Get Free Report) last issued its earnings results on Monday, July 21st. The industrial products company reported $4.87 EPS for the quarter, beating 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%.The company's revenue was up 13.2% compared to the same quarter last year. During the same period last year, the company 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. Sell-side analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Announces Dividend

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

Analysts Set New Price Targets

A number of analysts have weighed in on ROP shares. JPMorgan Chase & Co. increased their target price on Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 22nd. Citigroup began coverage on Roper Technologies in a research report on Wednesday, August 20th. They set a "buy" rating and a $626.00 price target on the stock. Royal Bank Of Canada increased their price target on Roper Technologies from $695.00 to $703.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. Mizuho set a $600.00 price target on Roper Technologies in a research report on Friday, May 16th. Finally, Robert W. Baird increased their price target on Roper Technologies from $668.00 to $687.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. One 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. According to data from MarketBeat.com, Roper Technologies has an average rating of "Moderate Buy" and an average price target 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 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 sale, the director owned 20,510 shares in the company, valued at approximately $11,408,687.50. This represents a 1.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, 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 sale, the vice president owned 38,932 shares in the company, valued at approximately $21,964,266.44. This represents 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.