Windward Capital Management Co. CA Has $802,000 Stock Position in Roper Technologies, Inc. $ROP

Key Points

• Windward Capital Management Co. CA reduced its position in Roper Technologies, Inc. by 54.4%, selling 1,621 shares and now holding 1,360 shares valued at approximately $802,000.
• A significant influx of investment from other institutional investors was noted, with T. Rowe Price increasing its stake by 42.2% and GAMMA Investing growing its position by a staggering 103,901.5%.
• Roper Technologies reported a $4.87 EPS for the quarter, surpassing estimates, and declared a quarterly dividend of $0.825, representing a 0.6% yield.

Windward Capital Management Co. CA reduced its stake in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 54.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,360 shares of the industrial products company's stock after selling 1,621 shares during the quarter. Windward Capital Management Co. CA's holdings in Roper Technologies were worth $802,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ROP. Endowment Wealth Management Inc. raised its holdings in shares of Roper Technologies by 3.4% in the 1st quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company's stock worth $327,000 after buying an additional 18 shares in the last quarter. Meridian Financial Partners LLC grew its position in Roper Technologies by 0.9% in the first quarter. Meridian Financial Partners LLC now owns 2,071 shares of the industrial products company's stock valued at $1,221,000 after acquiring an additional 19 shares during the period. My Legacy Advisors LLC raised its stake in Roper Technologies by 1.5% during the first quarter. My Legacy Advisors LLC now owns 1,273 shares of the industrial products company's stock worth $751,000 after acquiring an additional 19 shares in the last quarter. Smith Shellnut Wilson LLC ADV lifted its holdings in shares of Roper Technologies by 2.7% during the fourth quarter. Smith Shellnut Wilson LLC ADV now owns 767 shares of the industrial products company's stock valued at $399,000 after acquiring an additional 20 shares during the period. Finally, Tritonpoint Wealth LLC boosted its stake in shares of Roper Technologies by 2.7% in the 1st quarter. Tritonpoint Wealth LLC now owns 760 shares of the industrial products company's stock valued at $448,000 after purchasing an additional 20 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Oppenheimer reissued an "outperform" rating and set a $640.00 price target on shares of Roper Technologies in a report on Monday, April 28th. Mizuho set a $600.00 price objective on shares of Roper Technologies in a report on Friday, May 16th. JPMorgan Chase & Co. boosted their target price on Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a report on Tuesday, July 22nd. William Blair assumed coverage on Roper Technologies in a report on Monday, May 5th. They set an "outperform" rating for the company. Finally, Raymond James Financial reiterated a "strong-buy" rating and issued a $655.00 price objective on shares of Roper Technologies in a research report on Monday, April 28th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $636.36.

Roper Technologies Price Performance

Shares of Roper Technologies stock traded up $7.93 during midday trading on Wednesday, reaching $540.52. The company had a trading volume of 1,337,522 shares, compared to its average volume of 625,752. The company has a current ratio of 0.40, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35. The stock has a fifty day simple moving average of $553.07 and a 200 day simple moving average of $564.14. Roper Technologies, Inc. has a 1-year low of $499.47 and a 1-year high of $595.17. The company has a market capitalization of $58.17 billion, a price-to-earnings ratio of 37.69, a price-to-earnings-growth ratio of 2.77 and a beta of 0.99.

Roper Technologies (NYSE:ROP - Get Free Report) last announced its quarterly earnings data on Monday, July 21st. The industrial products company reported $4.87 EPS for the quarter, beating 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%.Roper Technologies's quarterly revenue was up 13.2% compared to the same quarter last year. During the same period last 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 forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Dividend Announcement

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 given a dividend of $0.825 per share. 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 is presently 23.19%.

Insider Activity

In related news, Director Richard F. Wallman sold 352 shares of the stock in a transaction that occurred on Tuesday, July 22nd. The shares were 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. This represents a 1.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP John K. Stipancich sold 1,500 shares of Roper Technologies stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total transaction of $846,255.00. Following the sale, the vice president directly owned 38,932 shares of the company's stock, valued at $21,964,266.44. This represents a 3.71% decrease in their position. The disclosure for this sale can be found here. 0.78% of the stock is currently owned by company insiders.

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.