Northwest & Ethical Investments L.P. Has $587,000 Holdings in Roper Technologies, Inc. $ROP

Key Points

• Northwest & Ethical Investments L.P. increased its stake in Roper Technologies by 130.8% during the first quarter, owning a total of 997 shares worth approximately $587,000.
• Roper Technologies announced a quarterly dividend of $0.825 per share, with the annualized yield currently at 0.6%.
• Analysts have varied ratings on Roper Technologies, with a consensus of a "Moderate Buy" and a target price of $637.40.

Northwest & Ethical Investments L.P. increased its stake in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 130.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 997 shares of the industrial products company's stock after buying an additional 565 shares during the quarter. Northwest & Ethical Investments L.P.'s holdings in Roper Technologies were worth $587,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. CWA Asset Management Group LLC grew its position in Roper Technologies by 8.6% during the first quarter. CWA Asset Management Group LLC now owns 768 shares of the industrial products company's stock worth $453,000 after buying an additional 61 shares in the last quarter. Freedom Day Solutions LLC acquired a new stake in Roper Technologies during the first quarter worth approximately $1,808,000. Tandem Investment Advisors Inc. grew its position in Roper Technologies by 49.9% during the first quarter. Tandem Investment Advisors Inc. now owns 98,229 shares of the industrial products company's stock worth $57,914,000 after buying an additional 32,694 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Roper Technologies by 76.4% during the 1st quarter. GAMMA Investing LLC now owns 1,891 shares of the industrial products company's stock worth $1,115,000 after acquiring an additional 819 shares in the last quarter. Finally, Legacy Advisors LLC bought a new position in Roper Technologies in the first quarter valued at approximately $264,000. Institutional investors and hedge funds own 93.31% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ROP shares. Stifel Nicolaus decreased their price objective on shares of Roper Technologies from $685.00 to $650.00 and set a "buy" rating on the stock in a research note on Tuesday, April 29th. Mizuho set a $600.00 price objective on shares of Roper Technologies in a research note on Friday, May 16th. Robert W. Baird lifted their price objective on shares of Roper Technologies from $668.00 to $687.00 and gave the company an "outperform" rating in a research note on Tuesday, July 22nd. Royal Bank Of Canada lifted their price objective on shares of Roper Technologies from $695.00 to $703.00 and gave the company an "outperform" rating in a research note on Tuesday, July 22nd. Finally, Oppenheimer reissued an "outperform" rating and issued a $640.00 price objective on shares of Roper Technologies in a research note on Monday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Roper Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $636.36.

Roper Technologies Price Performance

Roper Technologies stock traded up $9.90 during mid-day trading on Friday, reaching $536.84. The company had a trading volume of 673,520 shares, compared to its average volume of 629,636. Roper Technologies, Inc. has a fifty-two week low of $499.47 and a fifty-two week high of $595.17. The company has a current ratio of 0.40, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35. The company 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 business has a fifty day simple moving average of $551.11 and a 200 day simple moving average of $563.35.

Roper Technologies (NYSE:ROP - Get Free Report) last issued its earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, beating 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%. During the same period last year, the company earned $4.48 EPS. Roper Technologies's revenue for the quarter 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. On average, equities research analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Dividend Announcement

The business 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. The ex-dividend date is Friday, October 3rd. This represents a $3.30 dividend on an annualized basis and a yield of 0.6%. Roper Technologies's dividend payout ratio (DPR) is currently 23.19%.

Insiders Place Their Bets

In other news, VP John K. Stipancich sold 1,500 shares of Roper Technologies stock in a transaction on Wednesday, July 23rd. The shares were 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 approximately $21,964,266.44. The trade was a 3.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard F. Wallman sold 352 shares of Roper Technologies 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 transaction, the director owned 20,510 shares in the company, valued at approximately $11,408,687.50. This trade represents a 1.69% decrease in their position. The disclosure for this sale can be found here. 0.78% of the stock is currently owned by insiders.

About Roper Technologies

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.