Roper Technologies, Inc. $ROP Shares Sold by APG Asset Management N.V.

APG Asset Management N.V. reduced its position in Roper Technologies, Inc. (NYSE:ROP) by 8.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 133,035 shares of the industrial products company’s stock after selling 13,066 shares during the quarter. APG Asset Management N.V. owned about 0.12% of Roper Technologies worth $72,611,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ROP. Nuveen LLC acquired a new stake in shares of Roper Technologies in the first quarter valued at approximately $894,764,000. GAMMA Investing LLC boosted its holdings in shares of Roper Technologies by 103,901.5% in the first quarter. GAMMA Investing LLC now owns 1,114,896 shares of the industrial products company’s stock valued at $657,320,000 after acquiring an additional 1,113,824 shares during the period. Wellington Management Group LLP boosted its holdings 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 valued at $826,030,000 after acquiring an additional 672,306 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Roper Technologies by 9.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company’s stock worth $3,515,984,000 after purchasing an additional 500,764 shares during the period. Finally, Pictet Asset Management Holding SA raised its position in Roper Technologies by 23.3% in the first quarter. Pictet Asset Management Holding SA now owns 1,083,549 shares of the industrial products company’s stock worth $638,648,000 after acquiring an additional 205,019 shares in the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Roper Technologies Stock Up 1.9%

ROP opened at $536.84 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35. The firm has a market cap of $57.77 billion, a P/E ratio of 37.44, a PEG ratio of 2.77 and a beta of 0.99. Roper Technologies, Inc. has a 52 week low of $499.47 and a 52 week high of $595.17. The business’s fifty day simple moving average is $551.11 and its 200 day simple moving average is $563.35.

Roper Technologies (NYSE:ROP) last posted its quarterly earnings data on Monday, July 21st. The industrial products company reported $4.87 EPS for the quarter, beating analysts’ consensus estimates of $4.83 by $0.04. Roper Technologies had a return on equity of 10.79% and a net margin of 22.01%.The company’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter last year, the company earned $4.48 EPS. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. As a group, equities research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Friday, October 3rd will be paid a dividend of $0.825 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $3.30 dividend on an annualized basis and a dividend yield of 0.6%. Roper Technologies’s dividend payout ratio (DPR) is presently 23.19%.

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 transaction of $195,800.00. Following the sale, the director owned 20,510 shares of the company’s stock, valued at $11,408,687.50. This trade represents a 1.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP John K. Stipancich sold 1,500 shares of the stock in a transaction 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 directly owned 38,932 shares in the company, valued at approximately $21,964,266.44. The trade was a 3.71% decrease in their position. The disclosure for this sale can be found here. 0.78% of the stock is owned by company insiders.

Analysts Set New Price Targets

ROP has been the subject of several research analyst reports. Oppenheimer reiterated an “outperform” rating and issued a $640.00 price objective on shares of Roper Technologies in a research report on Monday, April 28th. Barclays restated an “underweight” rating on shares of Roper Technologies in a research report on Monday, April 28th. Robert W. Baird raised their price target on Roper Technologies from $668.00 to $687.00 and gave the company an “outperform” rating in a research report on Tuesday, July 22nd. Stifel Nicolaus dropped their price target on Roper Technologies from $685.00 to $650.00 and set a “buy” rating for the company in a research report on Tuesday, April 29th. Finally, Royal Bank Of Canada raised their price target on Roper Technologies from $695.00 to $703.00 and gave the company an “outperform” rating in a research report on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Roper Technologies has an average rating of “Moderate Buy” and an average target price of $636.36.

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.