Roper Technologies, Inc. $ROP Stock Holdings Lifted by IFM Investors Pty Ltd

Key Points

• IFM Investors Pty Ltd increased its holdings in Roper Technologies by 7.0%, acquiring an additional 1,318 shares, bringing their total ownership to 20,049 shares valued at approximately $11.37 million.
• Roper Technologies reported $4.87 earnings per share for the last quarter, surpassing analysts' estimates, and announced a quarterly dividend of $0.825 per share with a dividend yield of 0.7%.
• Analysts remain optimistic, with a consensus rating of "Moderate Buy" and an average target price of around $636.36 for the stock, reflecting solid future growth expectations.

IFM Investors Pty Ltd lifted its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 7.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,049 shares of the industrial products company's stock after purchasing an additional 1,318 shares during the period. IFM Investors Pty Ltd's holdings in Roper Technologies were worth $11,365,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Nuveen LLC purchased a new stake in Roper Technologies during the 1st quarter worth $894,764,000. GAMMA Investing LLC grew its position in Roper Technologies by 103,901.5% during the first quarter. GAMMA Investing LLC now owns 1,114,896 shares of the industrial products company's stock valued at $657,320,000 after purchasing an additional 1,113,824 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of Roper Technologies by 92.3% during the 1st quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company's stock worth $826,030,000 after buying an additional 672,306 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of Roper Technologies by 9.2% in the 1st 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 buying an additional 500,764 shares in the last quarter. Finally, Swedbank AB grew its holdings in shares of Roper Technologies by 201.6% in the 2nd quarter. Swedbank AB now owns 675,513 shares of the industrial products company's stock worth $382,908,000 after purchasing an additional 451,549 shares during the last quarter. Institutional investors and hedge funds own 93.31% of the company's stock.

Roper Technologies Stock Performance

Shares of ROP stock traded down $4.75 during mid-day trading on Tuesday, reaching $504.89. The stock had a trading volume of 217,659 shares, compared to its average volume of 652,403. The business's fifty day moving average is $532.26 and its 200-day moving average is $554.14. 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 cap of $54.33 billion, a price-to-earnings ratio of 35.45, a PEG ratio of 2.37 and a beta of 1.03. Roper Technologies, Inc. has a 1-year low of $499.00 and a 1-year high of $595.17.

Roper Technologies (NASDAQ:ROP - Get Free Report) last issued 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 return on equity of 10.83% and a net margin of 20.62%.The business's quarterly 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. On average, research analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, October 3rd. Roper Technologies's dividend payout ratio is 23.19%.

Insider Buying and Selling

In related news, VP John K. Stipancich sold 1,500 shares of the firm'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 transaction, the vice president directly 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard F. Wallman sold 352 shares of the firm'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 transaction, the director directly owned 20,510 shares of the company's stock, valued at $11,408,687.50. The trade was a 1.69% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.87% of the company's stock.

Analysts Set New Price Targets

ROP has been the topic of a number of analyst reports. JPMorgan Chase & Co. increased 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. Truist Financial increased 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. Robert W. Baird increased their target price 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. Citigroup initiated coverage on Roper Technologies in a research note on Wednesday, August 20th. They set a "buy" rating and a $626.00 price objective on the stock. Finally, Royal Bank Of Canada lifted their price objective on Roper Technologies from $695.00 to $703.00 and gave the stock an "outperform" rating in a report on Tuesday, July 22nd. One research 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 given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $636.36.

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.