Advisors Asset Management Inc. Buys 2,241 Shares of Roper Technologies, Inc. $ROP

Key Points

• Advisors Asset Management Inc. increased its stake in Roper Technologies by 45.9%, now holding 7,126 shares valued at approximately $4.2 million.
• Roper Technologies reported earnings of $4.87 EPS, exceeding estimates, and has set guidance for FY 2025 at $19.900-20.050 EPS.
• The company declared a quarterly dividend of $0.825 per share, with a payout ratio of 23.19% and a dividend yield of 0.6%.

Advisors Asset Management Inc. raised its holdings in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 45.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,126 shares of the industrial products company's stock after buying an additional 2,241 shares during the quarter. Advisors Asset Management Inc.'s holdings in Roper Technologies were worth $4,201,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Brighton Jones LLC bought a new position in Roper Technologies during the fourth quarter worth $203,000. Benjamin Edwards Inc. increased its holdings in shares of Roper Technologies by 2.5% during the 4th quarter. Benjamin Edwards Inc. now owns 1,610 shares of the industrial products company's stock worth $837,000 after purchasing an additional 39 shares during the period. Captrust Financial Advisors increased its holdings in shares of Roper Technologies by 2.1% during the 4th quarter. Captrust Financial Advisors now owns 9,964 shares of the industrial products company's stock worth $5,180,000 after purchasing an additional 204 shares during the period. Centiva Capital LP acquired a new position in shares of Roper Technologies during the fourth quarter valued at about $430,000. Finally, EP Wealth Advisors LLC lifted its stake in shares of Roper Technologies by 37.5% in the fourth quarter. EP Wealth Advisors LLC now owns 740 shares of the industrial products company's stock valued at $385,000 after buying an additional 202 shares during the period. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies Price Performance

Shares of NYSE ROP traded up $4.15 during midday trading on Thursday, reaching $517.38. 849,658 shares of the company traded hands, compared to its average volume of 641,311. Roper Technologies, Inc. has a 12 month low of $499.47 and a 12 month high of $595.17. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40. The stock's 50-day simple moving average is $539.35 and its 200-day simple moving average is $558.27. The firm has a market cap of $55.68 billion, a PE ratio of 36.08, a PEG ratio of 2.77 and a beta of 1.03.

Roper Technologies (NYSE:ROP - Get Free Report) last posted its earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, topping the consensus estimate 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 business posted $4.48 EPS. The company's revenue 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 analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be paid 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 payout ratio is 23.19%.

Insider Activity at Roper Technologies

In other news, Director Richard F. Wallman sold 352 shares of the business's stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $556.25, for a total value of $195,800.00. Following the transaction, the director directly owned 20,510 shares of the company's stock, valued at $11,408,687.50. The trade was a 1.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP John K. Stipancich sold 1,500 shares of the firm's stock in a transaction 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 sale, the vice president directly owned 38,932 shares of the company's stock, 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. 0.78% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Citigroup assumed coverage on Roper Technologies in a report on Wednesday, August 20th. They issued a "buy" rating and a $626.00 price target for the company. Mizuho set a $600.00 target price on Roper Technologies in a research note on Friday, May 16th. Truist Financial raised their target price on Roper Technologies from $675.00 to $685.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. Robert W. Baird boosted their price target on shares of Roper Technologies from $668.00 to $687.00 and gave the company an "outperform" rating in a report on Tuesday, July 22nd. Finally, Royal Bank Of Canada raised their price objective 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. One 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 given a Sell rating to the company. According to MarketBeat.com, Roper Technologies currently has a consensus rating of "Moderate Buy" and an average 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.