Thematics Asset Management Trims Stock Holdings in Roper Technologies, Inc. $ROP

Key Points

• Thematics Asset Management reduced its position in Roper Technologies by 1.9%, holding 36,820 shares valued at approximately $21.7 million as of its latest SEC filing.
• Roper Technologies posted earnings of $4.87 per share for the last quarter, surpassing analyst expectations, and has set its FY 2025 guidance between $19.900-20.050 EPS.
• The company recently announced a quarterly dividend of $0.825 per share, with an upcoming ex-dividend date on October 3rd, marking a 0.6% yield.

Thematics Asset Management lessened its position in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 1.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,820 shares of the industrial products company's stock after selling 711 shares during the period. Thematics Asset Management's holdings in Roper Technologies were worth $21,708,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Synovus Financial Corp raised its position in shares of Roper Technologies by 3.8% in the first quarter. Synovus Financial Corp now owns 3,691 shares of the industrial products company's stock valued at $2,176,000 after buying an additional 134 shares during the last quarter. Quantitative Investment Management LLC acquired a new position in shares of Roper Technologies in the first quarter valued at approximately $1,595,000. Cadence Bank raised its position in shares of Roper Technologies by 0.5% in the first quarter. Cadence Bank now owns 4,464 shares of the industrial products company's stock valued at $2,632,000 after buying an additional 22 shares during the last quarter. Smartleaf Asset Management LLC raised its position in shares of Roper Technologies by 9.7% in the first quarter. Smartleaf Asset Management LLC now owns 999 shares of the industrial products company's stock valued at $582,000 after buying an additional 88 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Roper Technologies by 1.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 12,842 shares of the industrial products company's stock valued at $7,572,000 after buying an additional 124 shares during the last quarter. Institutional investors and hedge funds own 93.31% of the company's stock.

Roper Technologies Trading Up 0.8%

Shares of Roper Technologies stock traded up $4.21 during trading hours on Wednesday, hitting $528.66. The company's stock had a trading volume of 656,769 shares, compared to its average volume of 630,188. The business has a fifty day moving average of $549.64 and a 200 day moving average of $562.53. Roper Technologies, Inc. has a 1-year low of $499.47 and a 1-year high of $595.17. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $56.89 billion, a PE ratio of 36.87, a P/E/G ratio of 2.77 and a beta of 0.99.

Roper Technologies (NYSE:ROP - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, topping analysts' consensus estimates 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 quarter in the previous year, the business posted $4.48 earnings per share. The company's quarterly 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 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. 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 dividend payout ratio (DPR) is 23.19%.

Analyst Upgrades and Downgrades

ROP has been the subject of a number of analyst reports. Mizuho set a $600.00 price objective on shares of Roper Technologies in a research report on Friday, May 16th. Royal Bank Of Canada upped 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. William Blair started coverage on shares of Roper Technologies in a research report on Monday, May 5th. They set an "outperform" rating for the company. Truist Financial upped their price target on shares of Roper Technologies from $675.00 to $685.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. Finally, Robert W. Baird upped 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 investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $636.36.

Insider Activity

In related 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 transaction of $195,800.00. Following the transaction, the director directly owned 20,510 shares of the company's stock, valued at approximately $11,408,687.50. The trade was a 1.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, 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 transaction of $846,255.00. Following the completion of the sale, the vice president directly owned 38,932 shares of the company's stock, valued at $21,964,266.44. This trade represents a 3.71% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.87% 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.