Pandora Wealth Inc. Lowers Position in Roper Technologies, Inc. $ROP

Pandora Wealth Inc. lessened its position in Roper Technologies, Inc. (NASDAQ:ROP) by 10.1% in the second quarter, HoldingsChannel reports. The firm owned 992 shares of the industrial products company’s stock after selling 112 shares during the quarter. Pandora Wealth Inc.’s holdings in Roper Technologies were worth $562,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Saudi Central Bank purchased a new position in shares of Roper Technologies in the 1st quarter valued at approximately $25,000. MorganRosel Wealth Management LLC purchased a new position in shares of Roper Technologies in the 1st quarter valued at approximately $27,000. Banque Transatlantique SA purchased a new position in shares of Roper Technologies in the 1st quarter valued at approximately $25,000. Olde Wealth Management LLC purchased a new position in shares of Roper Technologies in the 1st quarter valued at approximately $31,000. Finally, Wayfinding Financial LLC bought a new position in Roper Technologies during the 1st quarter valued at approximately $31,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Down 1.8%

Roper Technologies stock opened at $509.00 on Monday. The firm has a market cap of $54.77 billion, a price-to-earnings ratio of 35.77, a PEG ratio of 2.39 and a beta of 1.00. The stock has a fifty day simple moving average of $518.65 and a two-hundred day simple moving average of $547.24. Roper Technologies, Inc. has a 12 month low of $492.25 and a 12 month high of $595.17. The company has a current ratio of 0.46, a quick ratio of 0.43 and a debt-to-equity ratio of 0.40.

Roper Technologies (NASDAQ:ROP) last posted its earnings results on Thursday, January 30th. The industrial products company reported $4.81 EPS for the quarter. The business had revenue of $1.88 billion during 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. Equities analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 0.6%. Roper Technologies’s dividend payout ratio (DPR) is presently 23.19%.

Insider Buying and Selling at Roper Technologies

In related news, VP John K. Stipancich sold 1,500 shares of Roper Technologies 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 sale, the vice president owned 38,932 shares of the company’s stock, valued at $21,964,266.44. The trade was a 3.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Richard F. Wallman sold 352 shares of Roper Technologies 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 completion of the sale, the director directly owned 20,510 shares of the company’s stock, valued at $11,408,687.50. The trade was a 1.69% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.87% of the company’s stock.

Analyst Upgrades and Downgrades

ROP has been the topic of several analyst reports. Citigroup started coverage on Roper Technologies in a report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 target price on the stock. Royal Bank Of Canada increased their target price on Roper Technologies from $695.00 to $703.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 22nd. Barclays cut their target price on Roper Technologies from $562.00 to $550.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 1st. JPMorgan Chase & Co. increased their target price on Roper Technologies from $561.00 to $577.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 22nd. Finally, Truist Financial increased their target price on Roper Technologies from $675.00 to $685.00 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Roper Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $635.27.

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.