Segment Wealth Management LLC Has $10.94 Million Stake in Roper Technologies, Inc. $ROP

Segment Wealth Management LLC grew its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 1.4% in the 2nd quarter, Holdings Channel reports. The fund owned 19,293 shares of the industrial products company’s stock after buying an additional 260 shares during the period. Segment Wealth Management LLC’s holdings in Roper Technologies were worth $10,936,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. CWA Asset Management Group LLC increased its stake in shares of Roper Technologies by 8.6% in the first quarter. CWA Asset Management Group LLC now owns 768 shares of the industrial products company’s stock valued at $453,000 after buying an additional 61 shares during the period. Freedom Day Solutions LLC acquired a new position in shares of Roper Technologies in the first quarter valued at approximately $1,808,000. Tandem Investment Advisors Inc. increased its stake in shares of Roper Technologies by 49.9% in the first quarter. Tandem Investment Advisors Inc. now owns 98,229 shares of the industrial products company’s stock valued at $57,914,000 after buying an additional 32,694 shares during the period. GAMMA Investing LLC increased its stake in shares of Roper Technologies by 76.4% in the first quarter. GAMMA Investing LLC now owns 1,891 shares of the industrial products company’s stock valued at $1,115,000 after buying an additional 819 shares during the period. Finally, Legacy Advisors LLC acquired a new position in shares of Roper Technologies in the first quarter valued at approximately $264,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Insiders Place Their Bets

In related news, 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 transaction, the director directly owned 20,510 shares in the company, valued at $11,408,687.50. This trade represents a 1.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 in the company, valued at approximately $21,964,266.44. This represents a 3.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.78% of the stock is owned by company insiders.

Roper Technologies Price Performance

Roper Technologies stock opened at $499.95 on Friday. The stock has a market capitalization of $53.80 billion, a price-to-earnings ratio of 35.13, a PEG ratio of 2.34 and a beta of 1.00. Roper Technologies, Inc. has a 52-week low of $492.25 and a 52-week high of $595.17. The stock’s 50 day moving average price is $522.70 and its two-hundred day moving average price is $549.98. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.43 and a current ratio of 0.46.

Roper Technologies (NASDAQ:ROP) last posted its quarterly 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 10.83% and a net margin of 20.62%.During the same quarter in the previous year, the business posted $4.48 EPS. Roper Technologies’s revenue for the quarter 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. On average, equities analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Announces Dividend

The company 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 0.7%. The ex-dividend date is Friday, October 3rd. Roper Technologies’s dividend payout ratio (DPR) is currently 23.19%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on ROP shares. Citigroup started coverage on Roper Technologies in a research note on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price objective for the company. Truist Financial upped their target price on Roper Technologies from $675.00 to $685.00 and gave the company a “buy” rating in a report on Tuesday, July 22nd. JPMorgan Chase & Co. upped their target price on Roper Technologies from $561.00 to $577.00 and gave the company a “neutral” rating in a report on Tuesday, July 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Roper Technologies in a report on Saturday, September 27th. Finally, Barclays reduced their target price on Roper Technologies from $562.00 to $550.00 and set an “underweight” rating on the stock in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $635.27.

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.