Roper Technologies, Inc. $ROP Shares Bought by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC grew its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 13.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,191 shares of the industrial products company’s stock after purchasing an additional 1,815 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Roper Technologies were worth $8,613,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. Saudi Central Bank purchased a new position in shares of Roper Technologies in the 1st quarter valued at about $25,000. Banque Transatlantique SA purchased a new position in shares of Roper Technologies in the 1st quarter valued at about $25,000. MorganRosel Wealth Management LLC purchased a new position in shares of Roper Technologies in the 1st quarter valued at about $27,000. Olde Wealth Management LLC purchased a new position in shares of Roper Technologies in the 1st quarter valued at about $31,000. Finally, Wayfinding Financial LLC purchased a new position in shares of Roper Technologies in the 1st quarter valued at about $31,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Stock Down 1.8%

Roper Technologies stock opened at $509.00 on Monday. Roper Technologies, Inc. has a twelve month low of $492.25 and a twelve month high of $595.17. The stock has a 50 day moving average of $518.65 and a two-hundred day moving average of $547.24. The company has a current ratio of 0.46, a quick ratio of 0.43 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $54.77 billion, a price-to-earnings ratio of 35.77, a PEG ratio of 2.39 and a beta of 1.00.

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

Roper Technologies Dividend Announcement

The firm 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 $0.825 dividend. This represents a $3.30 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, October 3rd. Roper Technologies’s dividend payout ratio (DPR) is currently 23.19%.

Wall Street Analysts Forecast Growth

ROP has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Roper Technologies in a report on Wednesday, October 8th. Barclays lowered their target price on shares of Roper Technologies from $562.00 to $550.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 1st. Robert W. Baird raised their target price on shares of Roper Technologies from $668.00 to $687.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 22nd. Royal Bank Of Canada raised their target price on shares of Roper Technologies from $695.00 to $703.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 22nd. Finally, Truist Financial raised their target price on shares of Roper Technologies from $675.00 to $685.00 and gave the stock a “buy” rating in a research report on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $635.27.

Insider Activity at Roper Technologies

In other news, Director Richard F. Wallman sold 352 shares of the firm’s stock in a transaction that occurred 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. This trade represents a 1.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 completion of the sale, the vice president directly owned 38,932 shares of the company’s stock, valued at $21,964,266.44. This represents a 3.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.87% of the stock is owned by company insiders.

About Roper Technologies

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.