Roper Technologies, Inc. $ROP Shares Acquired by Triasima Portfolio Management inc.

Key Points

• Triasima Portfolio Management inc. significantly increased its holdings in Roper Technologies, boosting its stake by 1,372.4% to a total of 5,772 shares valued at approximately $3.27 million.
• Roper Technologies reported an EPS of $4.87 for its latest quarter, exceeding expectations and setting guidance for FY 2025 between $19.900 and $20.050.
• The company declared a quarterly dividend of $0.825 per share, with a payout ratio of 23.19%, indicating a steady return for investors.

Triasima Portfolio Management inc. boosted its holdings in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 1,372.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,772 shares of the industrial products company's stock after acquiring an additional 5,380 shares during the period. Triasima Portfolio Management inc.'s holdings in Roper Technologies were worth $3,272,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the business. Shell Asset Management Co. grew its stake in Roper Technologies by 15.1% in the 2nd quarter. Shell Asset Management Co. now owns 2,402 shares of the industrial products company's stock valued at $1,362,000 after acquiring an additional 316 shares during the last quarter. Roundview Capital LLC grew its stake in Roper Technologies by 2.6% in the 2nd quarter. Roundview Capital LLC now owns 4,481 shares of the industrial products company's stock valued at $2,540,000 after acquiring an additional 115 shares during the last quarter. KLP Kapitalforvaltning AS grew its stake in Roper Technologies by 42.0% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 52,780 shares of the industrial products company's stock valued at $29,918,000 after acquiring an additional 15,600 shares during the last quarter. Drake & Associates LLC grew its stake in Roper Technologies by 44.2% in the 2nd quarter. Drake & Associates LLC now owns 1,187 shares of the industrial products company's stock valued at $673,000 after acquiring an additional 364 shares during the last quarter. Finally, Appleton Partners Inc. MA grew its stake in Roper Technologies by 0.3% in the 2nd quarter. Appleton Partners Inc. MA now owns 22,655 shares of the industrial products company's stock valued at $12,842,000 after acquiring an additional 79 shares during the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Roper Technologies Trading Up 0.7%

NASDAQ ROP opened at $510.57 on Wednesday. Roper Technologies, Inc. has a one year low of $492.25 and a one year high of $595.17. The company's 50 day moving average price is $520.60 and its 200 day moving average price is $548.89. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.43 and a current ratio of 0.46. The firm has a market capitalization of $54.94 billion, a price-to-earnings ratio of 35.88, a PEG ratio of 2.38 and a beta of 1.00.

Roper Technologies (NASDAQ:ROP - Get Free Report) last posted its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 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 business earned $4.48 EPS. Roper Technologies's 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. On average, sell-side analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors 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 annualized dividend and a yield of 0.6%. Roper Technologies's dividend payout ratio (DPR) is presently 23.19%.

Insider Activity at Roper Technologies

In other Roper Technologies news, VP John K. Stipancich sold 1,500 shares of the 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 completion of the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard F. Wallman sold 352 shares of the stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $556.25, for a total transaction of $195,800.00. Following the completion of the sale, the director directly 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. 0.87% of the stock is owned by company insiders.

Analysts Set New Price Targets

ROP has been the topic of a number of recent research reports. Royal Bank Of Canada upped their target price on shares of Roper Technologies from $695.00 to $703.00 and gave the company an "outperform" rating in a report on Tuesday, July 22nd. Barclays reduced their target price on shares of Roper Technologies from $562.00 to $550.00 and set an "underweight" rating on the stock in a report on Wednesday, October 1st. JPMorgan Chase & Co. increased their price objective on shares of Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a report on Tuesday, July 22nd. Robert W. Baird increased their price objective on shares of Roper Technologies from $668.00 to $687.00 and gave the stock an "outperform" rating in a report on Tuesday, July 22nd. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Roper Technologies in a report on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $635.27.

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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