United Services Automobile Association Invests $1.41 Million in Roper Technologies, Inc. $ROP

Key Points

• United Services Automobile Association has acquired 2,413 shares of Roper Technologies, Inc., valued at approximately $1.4 million, in its first quarter investment.
• Roper Technologies reported a quarterly earnings per share (EPS) of $4.87, exceeding analysts' expectations, with a revenue increase of 13.2% year-over-year.
• The company announced a quarterly dividend of $0.825 per share, reflecting an annualized yield of 0.6%, with the payment scheduled for October 17th.

United Services Automobile Association purchased a new position in Roper Technologies, Inc. (NYSE:ROP - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,413 shares of the industrial products company's stock, valued at approximately $1,406,000.

Other hedge funds have also made changes to their positions in the company. Saudi Central Bank bought a new stake in shares of Roper Technologies in the 1st quarter worth approximately $25,000. Banque Transatlantique SA acquired a new stake in Roper Technologies in the 1st quarter valued at approximately $25,000. MorganRosel Wealth Management LLC acquired a new stake in Roper Technologies in the 1st quarter valued at approximately $27,000. Putney Financial Group LLC acquired a new stake in Roper Technologies in the 4th quarter valued at approximately $31,000. Finally, Olde Wealth Management LLC acquired a new stake in Roper Technologies in the 1st quarter valued at approximately $31,000. Institutional investors own 93.31% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on ROP. Robert W. Baird raised 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. Truist Financial raised 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. Citigroup began coverage on Roper Technologies in a research report on Wednesday, August 20th. They issued a "buy" rating and a $626.00 target price on the stock. JPMorgan Chase & Co. raised 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, Mizuho set a $600.00 price target on Roper Technologies in a research report on Friday, May 16th. One 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 given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $636.36.

Roper Technologies Price Performance

Shares of ROP stock traded up $4.15 during mid-day trading on Thursday, hitting $517.38. 849,658 shares of the stock traded hands, compared to its average volume of 641,311. Roper Technologies, Inc. has a twelve month low of $499.47 and a twelve month high of $595.17. The firm has a market cap of $55.68 billion, a price-to-earnings ratio of 36.08, a price-to-earnings-growth ratio of 2.77 and a beta of 1.03. The company's 50-day simple moving average is $539.35 and its 200-day simple moving average is $558.27. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40.

Roper Technologies (NYSE:ROP - Get Free Report) last issued its earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a return on equity of 10.79% and a net margin of 22.01%.The firm's revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the business posted $4.48 EPS. 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 research analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, October 3rd. Roper Technologies's payout ratio is presently 23.19%.

Insiders Place Their Bets

In related news, Director Richard F. Wallman sold 352 shares of Roper Technologies 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 transaction, the director directly owned 20,510 shares in the company, valued at $11,408,687.50. The trade was a 1.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 completion of the sale, the vice president directly owned 38,932 shares of the company's stock, valued at approximately $21,964,266.44. This trade represents a 3.71% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.78% 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.