Roper Technologies, Inc. $ROP Shares Sold by Candriam S.C.A.

Candriam S.C.A. cut its stake in shares of Roper Technologies, Inc. (NYSE:ROP) by 17.5% in the first quarter, HoldingsChannel.com reports. The fund owned 24,877 shares of the industrial products company’s stock after selling 5,285 shares during the period. Candriam S.C.A.’s holdings in Roper Technologies were worth $14,667,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in ROP. Brighton Jones LLC acquired a new position in Roper Technologies during the fourth quarter worth $203,000. TD Waterhouse Canada Inc. raised its position in Roper Technologies by 2.8% during the fourth quarter. TD Waterhouse Canada Inc. now owns 7,064 shares of the industrial products company’s stock worth $3,671,000 after acquiring an additional 194 shares during the period. Stifel Financial Corp raised its position in Roper Technologies by 5.5% during the fourth quarter. Stifel Financial Corp now owns 54,800 shares of the industrial products company’s stock worth $28,494,000 after acquiring an additional 2,879 shares during the period. OneDigital Investment Advisors LLC grew its holdings in shares of Roper Technologies by 2.1% during the fourth quarter. OneDigital Investment Advisors LLC now owns 1,021 shares of the industrial products company’s stock worth $531,000 after buying an additional 21 shares in the last quarter. Finally, Hsbc Holdings PLC grew its holdings in shares of Roper Technologies by 2.4% during the fourth quarter. Hsbc Holdings PLC now owns 314,299 shares of the industrial products company’s stock worth $163,098,000 after buying an additional 7,515 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ROP shares. Mizuho set a $600.00 target price on shares of Roper Technologies in a report on Friday, May 16th. Barclays reaffirmed an “underweight” rating on shares of Roper Technologies in a report on Monday, April 28th. Oppenheimer reaffirmed an “outperform” rating and set a $640.00 target price on shares of Roper Technologies in a report on Monday, April 28th. William Blair initiated coverage on shares of Roper Technologies in a report on Monday, May 5th. They issued an “outperform” rating for the company. Finally, Royal Bank Of Canada upped their price objective on shares of Roper Technologies from $695.00 to $703.00 and gave the company an “outperform” rating in a report on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $636.36.

Insider Activity at Roper Technologies

In related news, VP John K. Stipancich sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $564.17, for a total value of $846,255.00. Following the sale, the vice president owned 38,932 shares of the company’s stock, valued at $21,964,266.44. This trade 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 this hyperlink. Also, Director Richard F. Wallman sold 352 shares of the firm’s stock in a transaction that occurred 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 sale, the director directly owned 20,510 shares in the company, valued at approximately $11,408,687.50. This trade represents a 1.69% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.78% of the company’s stock.

Roper Technologies Trading Up 1.5%

Shares of 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. The firm has a market cap of $58.17 billion, a PE ratio of 37.69, a price-to-earnings-growth ratio of 2.77 and a beta of 0.99. The company has a 50-day moving average of $552.49 and a two-hundred day moving average of $563.98. Roper Technologies, Inc. has a 1-year low of $499.47 and a 1-year high of $595.17.

Roper Technologies (NYSE:ROP) last announced its earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, topping 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%. The company’s revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the firm earned $4.48 earnings per share. 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, analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be paid a $0.825 dividend. 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 dividend payout ratio (DPR) is presently 23.19%.

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.