Roper Technologies, Inc. $ROP Shares Acquired by Newman Dignan & Sheerar Inc.

Newman Dignan & Sheerar Inc. grew its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 2.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,252 shares of the industrial products company’s stock after purchasing an additional 49 shares during the quarter. Newman Dignan & Sheerar Inc.’s holdings in Roper Technologies were worth $1,277,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Nuveen LLC purchased a new stake in shares of Roper Technologies in the first quarter valued at about $894,764,000. Wellington Management Group LLP lifted its holdings in shares of Roper Technologies by 92.3% during 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 purchasing an additional 672,306 shares during the period. Price T Rowe Associates Inc. MD grew its position in Roper Technologies by 9.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company’s stock valued at $3,515,984,000 after buying an additional 500,764 shares during the last quarter. Swedbank AB increased its stake in Roper Technologies by 201.6% in the 2nd quarter. Swedbank AB now owns 675,513 shares of the industrial products company’s stock valued at $382,908,000 after buying an additional 451,549 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in Roper Technologies by 65.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 640,127 shares of the industrial products company’s stock worth $377,407,000 after buying an additional 252,056 shares during the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Roper Technologies

In other 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 transaction of $846,255.00. Following the completion of the transaction, the vice president directly owned 38,932 shares of the company’s stock, valued at $21,964,266.44. This trade represents a 3.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard F. Wallman sold 352 shares of the company’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 value 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. The trade was a 1.69% decrease in their position. The disclosure for this sale can be found here. 0.78% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on ROP shares. Robert W. Baird boosted their price target on shares of Roper Technologies from $668.00 to $687.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 22nd. Citigroup assumed coverage on Roper Technologies in a research report on Wednesday, August 20th. They set a “buy” rating and a $626.00 target price on the stock. JPMorgan Chase & Co. raised their price target on Roper Technologies from $561.00 to $577.00 and gave the company a “neutral” rating in a report on Tuesday, July 22nd. Barclays dropped their price objective on Roper Technologies from $562.00 to $550.00 and set an “underweight” rating on the stock in a report on Wednesday. Finally, Royal Bank Of Canada raised their target price on 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 assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $635.27.

Roper Technologies Stock Performance

Shares of ROP stock opened at $497.97 on Thursday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.43 and a current ratio of 0.46. The stock has a market cap of $53.59 billion, a PE ratio of 34.99, a P/E/G ratio of 2.34 and a beta of 1.00. Roper Technologies, Inc. has a 1 year low of $492.25 and a 1 year high of $595.17. The stock has a fifty day moving average price of $525.21 and a 200 day moving average price of $551.05.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, beating analysts’ consensus estimates of $4.83 by $0.04. Roper Technologies had a return on equity of 10.83% and a net margin of 20.62%.The company’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the previous year, the company 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. Sell-side analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently declared 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. This represents a $3.30 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, October 3rd. Roper Technologies’s dividend payout ratio is 23.19%.

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.