Roper Technologies, Inc. $ROP Shares Bought by Callan Family Office LLC

Key Points

• Callan Family Office LLC significantly increased its ownership of Roper Technologies, Inc. by 187.7% in the second quarter, acquiring 1,961 additional shares, bringing its total to 3,006 shares valued at approximately $1.7 million.
• The stock's recent performance shows volatility, with a 12-month low of $492.25 and a high of $595.17, currently trading at approximately $509.00.
• Roper Technologies is providing a quarterly dividend of $0.825 per share with a yield of 0.6%, payable on October 17th to shareholders of record as of October 3rd.

Callan Family Office LLC raised its position in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 187.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,006 shares of the industrial products company's stock after acquiring an additional 1,961 shares during the quarter. Callan Family Office LLC's holdings in Roper Technologies were worth $1,704,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of ROP. Nuveen LLC acquired a new stake in Roper Technologies in the first quarter valued at approximately $894,764,000. Wellington Management Group LLP grew its position in Roper Technologies by 92.3% in the first quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company's stock valued at $826,030,000 after acquiring an additional 672,306 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in Roper Technologies by 9.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company's stock valued at $3,515,984,000 after acquiring an additional 500,764 shares in the last quarter. Swedbank AB grew its position in Roper Technologies by 201.6% in the second quarter. Swedbank AB now owns 675,513 shares of the industrial products company's stock valued at $382,908,000 after acquiring an additional 451,549 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Roper Technologies by 65.0% during the first quarter. Goldman Sachs Group Inc. now owns 640,127 shares of the industrial products company's stock worth $377,407,000 after buying an additional 252,056 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company's stock.

Roper Technologies Stock Performance

Shares of ROP opened at $509.00 on Friday. The business's fifty day moving average price is $518.65 and its 200 day moving average price is $547.56. Roper Technologies, Inc. has a 12-month low of $492.25 and a 12-month high of $595.17. The stock has a market capitalization of $54.78 billion, a PE ratio of 35.77, a price-to-earnings-growth ratio of 2.39 and a beta of 1.00. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.46 and a quick ratio of 0.43.

Roper Technologies (NASDAQ:ROP - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The industrial products company reported $4.81 earnings per share (EPS) for the quarter. Roper Technologies had a return on equity of 10.83% and a net margin of 20.62%.The firm had revenue of $1.88 billion for the quarter. Roper Technologies has set its FY 2025 guidance at 19.750-20.000 EPS. Q1 2025 guidance at 4.700-4.740 EPS. Equities research analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Announces Dividend

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 paid a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Friday, October 3rd. Roper Technologies's dividend payout ratio (DPR) is presently 23.19%.

Analyst Ratings Changes

A number of analysts have recently weighed in on ROP shares. Weiss Ratings reissued a "hold (c+)" rating on shares of Roper Technologies in a research report on Wednesday. Barclays decreased their price target on shares of Roper Technologies from $562.00 to $550.00 and set an "underweight" rating for the company in a research report on Wednesday, October 1st. Royal Bank Of Canada raised their price target on shares of Roper Technologies from $695.00 to $703.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. Citigroup started coverage on shares of Roper Technologies in a research report on Wednesday, August 20th. They set a "buy" rating and a $626.00 price target for the company. Finally, Robert W. Baird raised their price target on shares of Roper Technologies from $668.00 to $687.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Roper Technologies has an average rating of "Moderate Buy" and a consensus price target of $635.27.

Insiders Place Their Bets

In other Roper Technologies news, VP John K. Stipancich sold 1,500 shares of the firm'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 sale, the vice president directly 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Richard F. Wallman sold 352 shares of the firm's stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $556.25, for a total value of $195,800.00. Following the completion of the sale, the director owned 20,510 shares in the company, 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 Company 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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