Roper Technologies, Inc. $ROP Shares Acquired by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. lifted its position in shares of Roper Technologies, Inc. (NYSE:ROP) by 1.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,933 shares of the industrial products company’s stock after purchasing an additional 80 shares during the period. Fuller & Thaler Asset Management Inc.’s holdings in Roper Technologies were worth $3,498,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Roper Technologies by 1.3% in the first quarter. Vanguard Group Inc. now owns 10,717,253 shares of the industrial products company’s stock worth $6,318,678,000 after buying an additional 142,150 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in shares of Roper Technologies by 42.2% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 5,151,502 shares of the industrial products company’s stock worth $2,678,009,000 after buying an additional 1,529,716 shares during the last quarter. Nuveen LLC bought a new stake in shares of Roper Technologies in the first quarter worth $894,764,000. Wellington Management Group LLP increased its stake in shares of Roper Technologies by 92.3% in the first quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company’s stock worth $826,030,000 after buying an additional 672,306 shares during the last quarter. Finally, Mackenzie Financial Corp increased its stake in shares of Roper Technologies by 1.7% in the fourth quarter. Mackenzie Financial Corp now owns 1,165,053 shares of the industrial products company’s stock worth $605,653,000 after buying an additional 19,377 shares during the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Roper Technologies

In other news, Director Richard F. Wallman sold 352 shares of the business’s stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $556.25, for a total transaction of $195,800.00. Following the completion of the transaction, the director owned 20,510 shares of the company’s stock, valued at approximately $11,408,687.50. The trade was a 1.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP John K. Stipancich sold 1,500 shares of the business’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $564.17, for a total transaction of $846,255.00. Following the transaction, 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.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Barclays restated an “underweight” rating on shares of Roper Technologies in a research note on Monday, April 28th. Royal Bank Of Canada lifted their price target on shares of Roper Technologies from $695.00 to $703.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 22nd. William Blair assumed coverage on shares of Roper Technologies in a research note on Monday, May 5th. They set an “outperform” rating for the company. Mizuho set a $600.00 target price on shares of Roper Technologies in a research note on Friday, May 16th. Finally, Robert W. Baird boosted their target price on shares of Roper Technologies from $668.00 to $687.00 and gave the company an “outperform” rating in a research note on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Roper Technologies has an average rating of “Moderate Buy” and a consensus target price of $636.36.

Roper Technologies Stock Up 1.5%

ROP stock opened at $540.52 on Thursday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.40 and a quick ratio of 0.37. Roper Technologies, Inc. has a 1-year low of $499.47 and a 1-year high of $595.17. The firm has a fifty day moving average price of $552.49 and a two-hundred day moving average price of $563.98. The firm has a market cap of $58.17 billion, a price-to-earnings ratio of 37.69, a PEG ratio of 2.77 and a beta of 0.99.

Roper Technologies (NYSE:ROP) last released its earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, beating the consensus estimate of $4.83 by $0.04. Roper Technologies had a net margin of 22.01% and a return on equity of 10.79%. During the same quarter last year, the business earned $4.48 earnings per share. The company’s revenue 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. Research analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Announces Dividend

The company 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. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $3.30 annualized dividend and a dividend yield of 0.6%. Roper Technologies’s payout ratio is 23.19%.

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.