Retireful LLC Invests $316,000 in Roper Technologies, Inc. $ROP

Key Points

• Retireful LLC invested $316,000 in Roper Technologies, Inc., acquiring 557 shares during the second quarter.
• Roper Technologies reported a quarterly earnings of $4.87 per share, exceeding analysts' expectations and reflecting a 13.2% year-over-year revenue increase.
• The company will pay a quarterly dividend of $0.825 per share on October 17th, resulting in an annualized yield of 0.7%.

Retireful LLC bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 557 shares of the industrial products company's stock, valued at approximately $316,000.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC acquired a new stake in shares of Roper Technologies during the fourth quarter worth $203,000. Menard Financial Group LLC purchased a new position in Roper Technologies in the 4th quarter worth about $87,000. Castle Rock Wealth Management LLC raised its holdings in Roper Technologies by 13.3% during the 4th quarter. Castle Rock Wealth Management LLC now owns 700 shares of the industrial products company's stock worth $402,000 after buying an additional 82 shares during the period. 111 Capital purchased a new stake in Roper Technologies during the fourth quarter valued at about $2,292,000. Finally, Fire Capital Management LLC acquired a new position in shares of Roper Technologies in the fourth quarter worth about $425,000. Institutional investors own 93.31% of the company's stock.

Roper Technologies Stock Performance

Shares of ROP opened at $505.68 on Thursday. The firm has a market cap of $54.42 billion, a price-to-earnings ratio of 35.54, a price-to-earnings-growth ratio of 2.37 and a beta of 1.03. The company's fifty day moving average is $530.65 and its 200-day moving average is $553.46. The company has a quick ratio of 0.43, a current ratio of 0.46 and a debt-to-equity ratio of 0.40. Roper Technologies, Inc. has a 12 month low of $499.00 and a 12 month high of $595.17.

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 net margin of 20.62% and a return on equity of 10.83%. During the same period in the previous year, the firm earned $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. Equities analysts expect that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal 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 dividend of $0.825 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $3.30 dividend on an annualized basis and a yield of 0.7%. Roper Technologies's dividend payout ratio is presently 23.19%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Truist Financial upped their price target on shares of Roper Technologies from $675.00 to $685.00 and gave the company a "buy" rating in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. increased their target price on Roper Technologies from $561.00 to $577.00 and gave the company a "neutral" rating in a report on Tuesday, July 22nd. Royal Bank Of Canada lifted their price target on Roper Technologies from $695.00 to $703.00 and gave the company an "outperform" rating in a report on Tuesday, July 22nd. Citigroup started coverage on Roper Technologies in a research note on Wednesday, August 20th. They issued a "buy" rating and a $626.00 price objective for the company. Finally, Robert W. Baird raised their price objective on Roper Technologies from $668.00 to $687.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $636.36.

Insider Activity at Roper Technologies

In other news, VP John K. Stipancich sold 1,500 shares of Roper Technologies stock in a transaction that occurred 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 transaction, the vice president owned 38,932 shares of the company's stock, valued at $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 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 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 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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