Yousif Capital Management LLC Decreases Stock Holdings in Roper Technologies, Inc. $ROP

Key Points

• Yousif Capital Management LLC has reduced its holdings in Roper Technologies by 3.2%, now owning 26,908 shares valued at approximately $15.25 million.
• Roper Technologies' recent quarterly earnings report showed an EPS of $4.81 and a revenue of $1.88 billion, with a FY 2025 EPS guidance set between 19.750-20.000.
• The company declared a quarterly dividend of $0.825 per share, representing an annualized yield of 0.6%, with the payout ratio currently at 23.19%.

Yousif Capital Management LLC decreased its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 3.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,908 shares of the industrial products company's stock after selling 892 shares during the period. Yousif Capital Management LLC's holdings in Roper Technologies were worth $15,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ROP. Saudi Central Bank purchased a new position in shares of Roper Technologies during the 1st quarter valued at approximately $25,000. Banque Transatlantique SA purchased a new position in shares of Roper Technologies during the 1st quarter valued at approximately $25,000. MorganRosel Wealth Management LLC purchased a new position in shares of Roper Technologies during the 1st quarter valued at approximately $27,000. Olde Wealth Management LLC purchased a new position in shares of Roper Technologies during the 1st quarter valued at approximately $31,000. Finally, Wayfinding Financial LLC purchased a new position in shares of Roper Technologies during the 1st quarter valued at approximately $31,000. Hedge funds and other institutional investors own 93.31% of the company's stock.

Roper Technologies Stock Down 1.8%

NASDAQ ROP opened at $509.00 on Monday. Roper Technologies, Inc. has a 52 week low of $492.25 and a 52 week high of $595.17. The company has a quick ratio of 0.43, a current ratio of 0.46 and a debt-to-equity ratio of 0.40. The business's fifty day simple moving average is $518.65 and its 200-day simple moving average is $547.24. The firm has a market cap of $54.77 billion, a PE ratio of 35.77, a P/E/G ratio of 2.39 and a beta of 1.00.

Roper Technologies (NASDAQ:ROP - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The industrial products company reported $4.81 EPS for the quarter. Roper Technologies had a return on equity of 10.83% and a net margin of 20.62%.The business had revenue of $1.88 billion for the quarter. Roper Technologies has set its FY 2025 guidance at 19.750-20.000 EPS. Q1 2025 guidance at 4.700-4.740 EPS. As a group, equities analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be issued a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, October 3rd. Roper Technologies's payout ratio is currently 23.19%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ROP. 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 lifted their target price on shares of Roper Technologies from $668.00 to $687.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 22nd. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Roper Technologies in a research note on Wednesday, October 8th. JPMorgan Chase & Co. lifted their target price on shares of Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 22nd. Finally, Truist Financial lifted their target price on shares of Roper Technologies from $675.00 to $685.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $635.27.

Insider Buying and Selling at Roper Technologies

In other news, 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 transaction, the vice president owned 38,932 shares in the company, valued at $21,964,266.44. The trade was a 3.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 owned 20,510 shares in the company, valued at approximately $11,408,687.50. This represents a 1.69% decrease in their position. The disclosure for this sale can be found here. 0.87% of the stock is owned by insiders.

Roper Technologies Company 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.

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