Roper Technologies, Inc. $ROP Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 3.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,908 shares of the industrial products company’s stock after selling 892 shares during the quarter. Yousif Capital Management LLC’s holdings in Roper Technologies were worth $15,253,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Endowment Wealth Management Inc. lifted its stake in Roper Technologies by 3.4% in the first quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company’s stock valued at $327,000 after buying an additional 18 shares during the last quarter. Fiduciary Alliance LLC raised its stake in shares of Roper Technologies by 0.8% during the second quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company’s stock worth $1,329,000 after purchasing an additional 18 shares during the last quarter. Tritonpoint Wealth LLC raised its stake in shares of Roper Technologies by 2.7% during the first quarter. Tritonpoint Wealth LLC now owns 760 shares of the industrial products company’s stock worth $448,000 after purchasing an additional 20 shares during the last quarter. Winch Advisory Services LLC raised its stake in shares of Roper Technologies by 2.2% during the first quarter. Winch Advisory Services LLC now owns 944 shares of the industrial products company’s stock worth $557,000 after purchasing an additional 20 shares during the last quarter. Finally, Townsend Asset Management Corp NC ADV raised its stake in shares of Roper Technologies by 0.8% during the second quarter. Townsend Asset Management Corp NC ADV now owns 2,554 shares of the industrial products company’s stock worth $1,448,000 after purchasing an additional 20 shares during the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Roper Technologies Stock Down 1.8%

Roper Technologies stock opened at $509.00 on Monday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.43 and a current ratio of 0.46. The firm has a market capitalization of $54.77 billion, a price-to-earnings ratio of 35.77, a price-to-earnings-growth ratio of 2.39 and a beta of 1.00. Roper Technologies, Inc. has a fifty-two week low of $492.25 and a fifty-two week high of $595.17. The stock’s fifty day moving average is $518.65 and its two-hundred day moving average is $547.24.

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

Roper Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be issued a $0.825 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $3.30 annualized dividend and a yield of 0.6%. Roper Technologies’s dividend payout ratio is 23.19%.

Insider Buying and Selling at Roper Technologies

In other news, VP John K. Stipancich sold 1,500 shares of the company’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 sale, the vice president directly owned 38,932 shares in the company, valued at $21,964,266.44. This represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard F. Wallman sold 352 shares of the company’s stock in a transaction 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 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 disclosure for this sale can be found here. 0.87% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ROP shares. Truist Financial upped their price target on Roper Technologies from $675.00 to $685.00 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. Royal Bank Of Canada upped their price objective on Roper Technologies from $695.00 to $703.00 and gave the stock an “outperform” rating in a report on Tuesday, July 22nd. Citigroup started coverage on Roper Technologies in a report on Wednesday, August 20th. They set a “buy” rating and a $626.00 price objective on the stock. JPMorgan Chase & Co. upped their price objective on Roper Technologies from $561.00 to $577.00 and gave the stock a “neutral” rating in a report on Tuesday, July 22nd. Finally, Barclays dropped their price objective on Roper Technologies from $562.00 to $550.00 and set an “underweight” rating on the stock in a report on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus 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.