MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH Lowers Stock Holdings in Roper Technologies, Inc. $ROP

Key Points

• MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH reduced its holdings in Roper Technologies, Inc. by 12.1% in Q2, resulting in ownership of 76,377 shares valued at approximately $43.3 million.
• The company reported a quarterly EPS of $4.87, exceeding analyst expectations, and has set FY 2025 EPS guidance between 19.900-20.050.
• Roper Technologies announced a quarterly dividend of $0.825 per share, which will be paid on October 17th, indicating a 0.7% yield.

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lowered its holdings in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 12.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 76,377 shares of the industrial products company's stock after selling 10,526 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH owned 0.07% of Roper Technologies worth $43,299,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ROP. Saudi Central Bank acquired a new position in shares of Roper Technologies during the first quarter worth about $25,000. MorganRosel Wealth Management LLC acquired a new position in shares of Roper Technologies during the first quarter worth about $27,000. Banque Transatlantique SA acquired a new position in shares of Roper Technologies during the first quarter worth about $25,000. Olde Wealth Management LLC acquired a new position in shares of Roper Technologies in the first quarter worth about $31,000. Finally, Wayfinding Financial LLC acquired a new position in shares of Roper Technologies in the first quarter worth about $31,000. Institutional investors and hedge funds own 93.31% of the company's stock.

Roper Technologies Stock Up 0.3%

NASDAQ:ROP opened at $505.68 on Thursday. The firm has a market capitalization of $54.42 billion, a PE ratio of 35.54, a price-to-earnings-growth ratio of 2.37 and a beta of 1.03. The stock has a 50 day moving average of $530.65 and a 200-day moving average of $553.46. Roper Technologies, Inc. has a 52 week low of $499.00 and a 52 week high of $595.17. The company has a current ratio of 0.46, a quick ratio of 0.43 and a debt-to-equity ratio of 0.40.

Roper Technologies (NASDAQ:ROP - Get Free Report) last issued its quarterly earnings data on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a return on equity of 10.83% and a net margin of 20.62%.During the same period last year, the business posted $4.48 earnings per share. Roper Technologies's quarterly revenue was up 13.2% on a year-over-year basis. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. Analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Friday, October 3rd. Roper Technologies's dividend payout ratio is 23.19%.

Insider Buying and Selling

In other news, VP John K. Stipancich sold 1,500 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 sale, the director 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 disclosure for this sale can be found here. Corporate insiders own 0.78% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ROP shares. Truist Financial boosted their price target on Roper Technologies from $675.00 to $685.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. JPMorgan Chase & Co. boosted their price target on Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 22nd. Royal Bank Of Canada boosted their price target on Roper Technologies from $695.00 to $703.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 22nd. Robert W. Baird boosted their price target on Roper Technologies from $668.00 to $687.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 22nd. Finally, Citigroup started coverage on Roper Technologies in a research note on Wednesday, August 20th. They issued a "buy" rating and a $626.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Roper Technologies currently has a consensus rating of "Moderate Buy" and an average target price 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.

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