2,707 Shares in Roper Technologies, Inc. $ROP Bought by Quantitative Investment Management LLC

Key Points

• Quantitative Investment Management LLC acquired a new position in Roper Technologies by purchasing 2,707 shares valued at approximately $1,595,000 during the first quarter.
• Roper Technologies has a current market capitalization of $57.77 billion and recently reported a significant year-over-year revenue increase of 13.2%.
• The company declared a quarterly dividend of $0.825, reflecting an annualized dividend of $3.30 and a dividend yield of 0.6%.

Quantitative Investment Management LLC acquired a new stake in Roper Technologies, Inc. (NYSE:ROP - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,707 shares of the industrial products company's stock, valued at approximately $1,595,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Endowment Wealth Management Inc. lifted its stake in shares of Roper Technologies by 3.4% during the 1st quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company's stock worth $327,000 after acquiring an additional 18 shares during the last quarter. Meridian Financial Partners LLC increased its stake in Roper Technologies by 0.9% in the 1st quarter. Meridian Financial Partners LLC now owns 2,071 shares of the industrial products company's stock worth $1,221,000 after buying an additional 19 shares during the period. My Legacy Advisors LLC lifted its holdings in Roper Technologies by 1.5% during the 1st quarter. My Legacy Advisors LLC now owns 1,273 shares of the industrial products company's stock valued at $751,000 after buying an additional 19 shares in the last quarter. Smith Shellnut Wilson LLC ADV boosted its position in Roper Technologies by 2.7% in the 4th quarter. Smith Shellnut Wilson LLC ADV now owns 767 shares of the industrial products company's stock valued at $399,000 after buying an additional 20 shares during the period. Finally, Tritonpoint Wealth LLC grew its stake in Roper Technologies by 2.7% in the 1st quarter. Tritonpoint Wealth LLC now owns 760 shares of the industrial products company's stock worth $448,000 after acquiring an additional 20 shares in the last quarter. 93.31% of the stock is owned by institutional investors.

Insider Buying and Selling at Roper Technologies

In related news, Director Richard F. Wallman sold 352 shares of the business'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 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP John K. Stipancich sold 1,500 shares of the business's stock in a transaction 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 transaction, the vice president 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 disclosure for this sale can be found here. 0.87% of the stock is owned by insiders.

Roper Technologies Stock Down 0.4%

Shares of NYSE:ROP traded down $2.07 on Thursday, reaching $526.59. The company had a trading volume of 794,019 shares, compared to its average volume of 631,188. Roper Technologies, Inc. has a 52-week low of $499.47 and a 52-week high of $595.17. The firm's 50 day simple moving average is $549.10 and its 200-day simple moving average is $562.29. The firm has a market capitalization of $56.67 billion, a PE ratio of 36.72, a PEG ratio of 2.77 and a beta of 0.99. The company has a current ratio of 0.40, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35.

Roper Technologies (NYSE:ROP - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a return on equity of 10.79% and a net margin of 22.01%.During the same period in the prior year, the firm posted $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. As a group, analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on ROP shares. Robert W. Baird lifted their price target 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. Citigroup started coverage on Roper Technologies in a research report on Wednesday, August 20th. They set a "buy" rating and a $626.00 target price for the company. JPMorgan Chase & Co. increased their price target on Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. Royal Bank Of Canada raised their price target on Roper Technologies from $695.00 to $703.00 and gave the company an "outperform" rating in a research note on Tuesday, July 22nd. Finally, William Blair assumed coverage on shares of Roper Technologies in a research note on Monday, May 5th. They issued an "outperform" rating for the company. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $636.36.

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.