Signal Advisors Wealth LLC Purchases 2,546 Shares of Roper Technologies, Inc. $ROP

Key Points

• Signal Advisors Wealth LLC increased its stake in Roper Technologies by 35.4%, acquiring an additional 2,546 shares during the second quarter.
• Roper Technologies reported a Q2 EPS of $4.87, surpassing analysts' expectations, with revenue up 13.2% year-over-year.
• The company declared a quarterly dividend of $0.825 per share, representing an annualized yield of 0.6%.

Signal Advisors Wealth LLC boosted its holdings in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 35.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,738 shares of the industrial products company's stock after purchasing an additional 2,546 shares during the quarter. Signal Advisors Wealth LLC's holdings in Roper Technologies were worth $5,520,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ROP. Brighton Jones LLC bought a new position in Roper Technologies in the 4th quarter worth approximately $203,000. Lazard Asset Management LLC boosted its stake in Roper Technologies by 48.0% in the 4th quarter. Lazard Asset Management LLC now owns 148 shares of the industrial products company's stock worth $76,000 after purchasing an additional 48 shares during the period. Vident Advisory LLC boosted its stake in Roper Technologies by 37.9% in the 4th quarter. Vident Advisory LLC now owns 3,778 shares of the industrial products company's stock worth $1,964,000 after purchasing an additional 1,039 shares during the period. Woodline Partners LP boosted its stake in Roper Technologies by 86.9% in the 4th quarter. Woodline Partners LP now owns 75,851 shares of the industrial products company's stock worth $39,431,000 after purchasing an additional 35,272 shares during the period. Finally, Worldquant Millennium Advisors LLC bought a new position in Roper Technologies in the 4th quarter worth approximately $17,489,000. 93.31% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Roper Technologies news, VP John K. Stipancich sold 1,500 shares of the 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 owned 38,932 shares in the company, valued at $21,964,266.44. This trade represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard F. Wallman sold 352 shares of the stock in a transaction 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 completion of the sale, the director owned 20,510 shares in the company, valued at approximately $11,408,687.50. The trade was a 1.69% 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 Trading Up 1.0%

NASDAQ:ROP traded up $5.01 during midday trading on Monday, hitting $509.63. 665,240 shares of the company traded hands, compared to its average volume of 824,884. The firm's fifty day moving average is $532.26 and its 200-day moving average is $554.14. Roper Technologies, Inc. has a 12-month low of $499.00 and a 12-month high of $595.17. The firm has a market capitalization of $54.84 billion, a P/E ratio of 35.81, a P/E/G ratio of 2.37 and a beta of 1.03. The company has a current ratio of 0.46, a quick ratio of 0.43 and a debt-to-equity ratio of 0.40.

Roper Technologies (NASDAQ:ROP - Get Free Report) last released its 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 return on equity of 10.83% and a net margin of 20.62%.During the same period last year, the business earned $4.48 EPS. The business'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 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 dividend payout ratio (DPR) is presently 23.19%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ROP shares. Truist Financial increased their target price on Roper Technologies from $675.00 to $685.00 and gave the company a "buy" rating in a research report on Tuesday, July 22nd. Royal Bank Of Canada increased their target price on Roper Technologies from $695.00 to $703.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd. Robert W. Baird increased their target price on Roper Technologies from $668.00 to $687.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. increased their target price on Roper Technologies from $561.00 to $577.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. Finally, Citigroup started coverage on Roper Technologies in a research report on Wednesday, August 20th. They set a "buy" rating and a $626.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus 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.