Mn Services Vermogensbeheer B.V. Has $22.76 Million Stock Position in Roper Technologies, Inc. $ROP

Key Points

• Mn Services Vermogensbeheer B.V. increased its holdings in Roper Technologies by 2.8% in Q2, acquiring an additional 1,100 shares, bringing their total to 40,145 shares worth $22.76 million.
• Roper Technologies reported $4.87 EPS for Q2, exceeding analysts' expectations, with projected EPS guidance for FY 2025 set between 19.90 and 20.05.
• The company declared a quarterly dividend of $0.825 per share, with a dividend yield of 0.6%, payable on October 17th to shareholders of record on October 3rd.

Mn Services Vermogensbeheer B.V. lifted its stake in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 2.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,145 shares of the industrial products company's stock after purchasing an additional 1,100 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Roper Technologies were worth $22,756,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of ROP. Saudi Central Bank acquired a new stake in Roper Technologies during the 1st quarter worth $25,000. MorganRosel Wealth Management LLC acquired a new stake in Roper Technologies during the 1st quarter worth $27,000. Banque Transatlantique SA acquired a new stake in Roper Technologies during the 1st quarter worth $25,000. Olde Wealth Management LLC acquired a new stake in Roper Technologies during the 1st quarter worth $31,000. Finally, Wayfinding Financial LLC acquired a new stake in Roper Technologies during the 1st quarter worth $31,000. Institutional investors and hedge funds own 93.31% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Royal Bank Of Canada lifted their target price 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. Citigroup began coverage on shares of Roper Technologies in a research report on Wednesday, August 20th. They set a "buy" rating and a $626.00 price target on the stock. Truist Financial lifted their price target on shares of Roper Technologies from $675.00 to $685.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. lifted their price target on shares of Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. Finally, Robert W. Baird lifted their price target on shares of Roper Technologies from $668.00 to $687.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $636.36.

Insider Activity

In other news, Director Richard F. Wallman sold 352 shares of the business's stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $556.25, for a total transaction of $195,800.00. Following the transaction, the director directly owned 20,510 shares in the company, valued at $11,408,687.50. The trade was a 1.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP John K. Stipancich sold 1,500 shares of the business's stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total transaction of $846,255.00. Following the transaction, the vice president owned 38,932 shares in the company, valued at $21,964,266.44. This represents a 3.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.87% of the stock is owned by insiders.

Roper Technologies Stock Up 1.0%

ROP stock traded up $5.01 during midday trading on Monday, hitting $509.63. The company's stock had a trading volume of 665,240 shares, compared to its average volume of 824,884. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.46 and a quick ratio of 0.43. Roper Technologies, Inc. has a twelve month low of $499.00 and a twelve month high of $595.17. The company's fifty day moving average price is $532.26 and its 200 day moving average price is $554.14. The stock has a market capitalization of $54.84 billion, a P/E ratio of 35.81, a PEG ratio of 2.37 and a beta of 1.03.

Roper Technologies (NASDAQ:ROP - Get Free Report) last issued its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.83 by $0.04. Roper Technologies had a net margin of 20.62% and a return on equity of 10.83%. During the same period last year, the company posted $4.48 EPS. The firm'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. As a group, equities research analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Announces Dividend

The company also recently disclosed 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. The ex-dividend date is Friday, October 3rd. This represents a $3.30 annualized dividend and a dividend yield of 0.6%. Roper Technologies's payout ratio is currently 23.19%.

Roper Technologies Company 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.