Level Four Advisory Services LLC Has $8.43 Million Stock Position in Roper Technologies, Inc. $ROP

Key Points

• Level Four Advisory Services LLC increased its holdings in Roper Technologies by 43.0%, acquiring an additional 4,298 shares during the 1st quarter, bringing its total to 14,294 shares worth approximately $8.43 million.
• Roper Technologies reported quarterly earnings of $4.87 per share, exceeding analyst estimates, with a revenue increase of 13.2% year-on-year.
• The company has declared a quarterly dividend of $0.825 per share, set to pay on October 17th, representing an annualized dividend yield of 0.6%.

Level Four Advisory Services LLC boosted its stake in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 43.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,294 shares of the industrial products company's stock after purchasing an additional 4,298 shares during the period. Level Four Advisory Services LLC's holdings in Roper Technologies were worth $8,428,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. MorganRosel Wealth Management LLC bought a new position in Roper Technologies in the 1st quarter valued at approximately $27,000. Putney Financial Group LLC bought a new position in shares of Roper Technologies during the fourth quarter valued at $31,000. Olde Wealth Management LLC bought a new position in shares of Roper Technologies during the first quarter valued at $31,000. Wayfinding Financial LLC bought a new position in shares of Roper Technologies during the first quarter valued at $31,000. Finally, Alpine Bank Wealth Management bought a new position in shares of Roper Technologies during the first quarter valued at $34,000. Institutional investors own 93.31% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ROP. Citigroup began coverage on shares of Roper Technologies in a research note on Wednesday. They set a "buy" rating and a $626.00 price target for the company. Stifel Nicolaus dropped their price target on shares of Roper Technologies from $685.00 to $650.00 and set a "buy" rating for the company in a research note on Tuesday, April 29th. Truist Financial raised their price target on shares of Roper Technologies from $675.00 to $685.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. JPMorgan Chase & Co. raised their price target on shares of Roper Technologies from $561.00 to $577.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. Finally, Raymond James Financial reaffirmed a "strong-buy" rating and set a $655.00 price target on shares of Roper Technologies in a research note on Monday, April 28th. One investment 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $636.36.

Insiders Place Their Bets

In other Roper Technologies news, VP John K. Stipancich sold 1,500 shares of the firm's stock in a transaction on Wednesday, July 23rd. The shares were 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 directly owned 38,932 shares in the company, valued at approximately $21,964,266.44. This trade represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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 transaction of $195,800.00. Following the completion of the sale, the director owned 20,510 shares of the company's stock, valued at $11,408,687.50. The trade was a 1.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.78% of the company's stock.

Roper Technologies Trading Up 1.9%

NYSE ROP traded up $9.90 during mid-day trading on Friday, reaching $536.84. 673,520 shares of the stock were exchanged, compared to its average volume of 629,636. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.40 and a quick ratio of 0.37. The stock has a market cap of $57.77 billion, a P/E ratio of 37.44, a P/E/G ratio of 2.77 and a beta of 0.99. The stock has a 50 day simple moving average of $551.11 and a 200-day simple moving average of $563.35. Roper Technologies, Inc. has a one year low of $499.47 and a one year high of $595.17.

Roper Technologies (NYSE:ROP - Get Free Report) last posted its quarterly earnings results 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%. Roper Technologies's quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the business earned $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, analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Announces Dividend

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

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.