Beck Mack & Oliver LLC Has $131.94 Million Stock Holdings in Roper Technologies, Inc. $ROP

Key Points

• Beck Mack & Oliver LLC increased its holdings in Roper Technologies, Inc. by 3.7%, now owning 223,779 shares valued at approximately $131.9 million.
• Roper Technologies recently declared a quarterly dividend of $0.825 per share, with a dividend yield of 0.6% and a payout ratio of 23.19%.
• Several analysts have boosted their target prices for Roper Technologies, with a consensus price target of $636.36 and a current rating of "Moderate Buy".

Beck Mack & Oliver LLC grew its stake in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 3.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 223,779 shares of the industrial products company's stock after buying an additional 7,965 shares during the quarter. Roper Technologies comprises 2.6% of Beck Mack & Oliver LLC's holdings, making the stock its 15th biggest position. Beck Mack & Oliver LLC owned about 0.21% of Roper Technologies worth $131,936,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. CWA Asset Management Group LLC grew its stake in shares of Roper Technologies by 8.6% in the 1st quarter. CWA Asset Management Group LLC now owns 768 shares of the industrial products company's stock worth $453,000 after purchasing an additional 61 shares during the last quarter. Freedom Day Solutions LLC acquired a new position in shares of Roper Technologies in the 1st quarter worth approximately $1,808,000. Tandem Investment Advisors Inc. grew its stake in shares of Roper Technologies by 49.9% in the 1st quarter. Tandem Investment Advisors Inc. now owns 98,229 shares of the industrial products company's stock worth $57,914,000 after purchasing an additional 32,694 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Roper Technologies by 76.4% in the 1st quarter. GAMMA Investing LLC now owns 1,891 shares of the industrial products company's stock worth $1,115,000 after purchasing an additional 819 shares during the last quarter. Finally, Legacy Advisors LLC acquired a new position in shares of Roper Technologies in the 1st quarter worth approximately $264,000. 93.31% of the stock is currently owned by institutional investors.

Roper Technologies Stock Up 0.6%

Shares of ROP stock traded up $2.99 during trading on Thursday, hitting $527.12. 427,943 shares of the company were exchanged, compared to its average volume of 632,204. 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 firm has a market capitalization of $56.73 billion, a price-to-earnings ratio of 36.76, a P/E/G ratio of 2.77 and a beta of 1.03. The business's 50-day simple moving average is $545.11 and its 200 day simple moving average is $560.59. Roper Technologies, Inc. has a twelve month low of $499.47 and a twelve month high of $595.17.

Roper Technologies (NYSE: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, 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%. The business's quarterly revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.48 earnings per share. 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 forecast that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ROP. Truist Financial lifted their price objective on shares of Roper Technologies from $675.00 to $685.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. Citigroup initiated coverage on shares of Roper Technologies in a research report on Wednesday, August 20th. They issued a "buy" rating and a $626.00 target price on the stock. Robert W. Baird lifted their target price 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. Royal Bank Of Canada lifted their target price 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. Finally, Mizuho set a $600.00 target price on shares of Roper Technologies in a research report on Friday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $636.36.

Insider Buying and Selling

In other Roper Technologies 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 completion of the sale, the vice president directly owned 38,932 shares in the company, valued at $21,964,266.44. The trade was a 3.71% decrease in their ownership of the stock. The transaction 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 Roper Technologies 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 owned 20,510 shares of the company's stock, valued at $11,408,687.50. This trade represents a 1.69% 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 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.