Toth Financial Advisory Corp Increases Stock Holdings in Roper Technologies, Inc. $ROP

Key Points

• Toth Financial Advisory Corp increased its stake in Roper Technologies, owning 5,299 shares valued at approximately $3 million after a 15.2% rise in the second quarter.
• Institutional investors hold 93.31% of Roper Technologies' stock, with significant increases in stakes from firms like Nuveen LLC and Wellington Management Group LLP.
• Roper Technologies announced a quarterly dividend of $0.825 per share, with a dividend yield of 0.7%, to be paid on October 17th to shareholders of record on October 3rd.

Toth Financial Advisory Corp lifted its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 15.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,299 shares of the industrial products company's stock after buying an additional 699 shares during the period. Toth Financial Advisory Corp's holdings in Roper Technologies were worth $3,004,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in ROP. Vanguard Group Inc. grew its position in Roper Technologies by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 10,717,253 shares of the industrial products company's stock valued at $6,318,678,000 after acquiring an additional 142,150 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Roper Technologies by 9.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company's stock worth $3,515,984,000 after acquiring an additional 500,764 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in Roper Technologies by 0.4% in the first quarter. T. Rowe Price Investment Management Inc. now owns 5,171,740 shares of the industrial products company's stock valued at $3,049,155,000 after purchasing an additional 20,238 shares during the period. Nuveen LLC purchased a new stake in shares of Roper Technologies in the 1st quarter valued at about $894,764,000. Finally, Wellington Management Group LLP increased its position in Roper Technologies by 92.3% during the 1st quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company's stock worth $826,030,000 after purchasing an additional 672,306 shares during the period. 93.31% of the stock is owned by hedge funds and other institutional investors.

Roper Technologies Stock Down 0.9%

Shares of ROP stock traded down $4.39 during mid-day trading on Friday, hitting $504.62. 1,437,865 shares of the stock traded hands, compared to its average volume of 824,884. Roper Technologies, Inc. has a 52-week low of $499.00 and a 52-week high of $595.17. The stock's fifty day moving average is $533.03 and its two-hundred day moving average is $554.69. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.46 and a quick ratio of 0.43. The stock has a market cap of $54.30 billion, a P/E ratio of 35.46, a P/E/G ratio of 2.37 and a beta of 1.03.

Roper Technologies (NASDAQ:ROP - Get Free Report) last issued its quarterly earnings data on Monday, July 21st. The industrial products company reported $4.87 EPS for the quarter, topping analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a net margin of 20.62% and a return on equity of 10.83%. During the same quarter in the previous year, the business posted $4.48 EPS. The firm'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. Equities analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Friday, October 3rd will be issued a $0.825 dividend. This represents a $3.30 annualized dividend and a yield of 0.7%. The ex-dividend date is Friday, October 3rd. Roper Technologies's payout ratio is 23.19%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Robert W. Baird lifted their target price on 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 increased their price target on shares of Roper Technologies from $695.00 to $703.00 and gave the company an "outperform" rating in a research note on Tuesday, July 22nd. Truist Financial lifted their price target on shares of Roper Technologies from $675.00 to $685.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. Citigroup began coverage on shares of Roper Technologies in a research note on Wednesday, August 20th. They issued a "buy" rating and a $626.00 price objective for the company. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $636.36.

Insider Transactions at Roper Technologies

In other news, Director Richard F. Wallman sold 352 shares of the company'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 completion of the sale, the director owned 20,510 shares in the company, valued at $11,408,687.50. This represents a 1.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 completion of the transaction, the vice president owned 38,932 shares of the company's stock, valued at $21,964,266.44. The trade was a 3.71% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.87% of the company's stock.

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.