Roper Technologies, Inc. $ROP Holdings Cut by Guggenheim Capital LLC

Guggenheim Capital LLC lowered its holdings in shares of Roper Technologies, Inc. (NYSE:ROP) by 23.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,420 shares of the industrial products company’s stock after selling 7,009 shares during the quarter. Guggenheim Capital LLC’s holdings in Roper Technologies were worth $13,218,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of ROP. Nuveen LLC bought a new position in shares of Roper Technologies during the 1st quarter valued at $894,764,000. GAMMA Investing LLC raised its holdings in shares of Roper Technologies by 103,901.5% during the 1st quarter. GAMMA Investing LLC now owns 1,114,896 shares of the industrial products company’s stock valued at $657,320,000 after purchasing an additional 1,113,824 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Roper Technologies by 92.3% during the 1st quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company’s stock valued at $826,030,000 after purchasing an additional 672,306 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Roper Technologies by 9.2% during 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 purchasing an additional 500,764 shares in the last quarter. Finally, Pictet Asset Management Holding SA raised its holdings in shares of Roper Technologies by 23.3% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,083,549 shares of the industrial products company’s stock valued at $638,648,000 after purchasing an additional 205,019 shares in the last quarter. Institutional investors own 93.31% of the company’s stock.

Insider Transactions at Roper Technologies

In other Roper Technologies news, Director Richard F. Wallman sold 352 shares of the business’s stock in a transaction dated 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 transaction, the director directly owned 20,510 shares of the company’s stock, valued at approximately $11,408,687.50. The trade was a 1.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP John K. Stipancich sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total transaction of $846,255.00. Following the sale, the vice president directly owned 38,932 shares of the company’s stock, valued at approximately $21,964,266.44. This trade represents a 3.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.87% of the company’s stock.

Roper Technologies Stock Performance

NYSE:ROP opened at $528.66 on Thursday. The firm’s 50-day moving average is $549.10 and its 200-day moving average is $562.29. Roper Technologies, Inc. has a 52-week low of $499.47 and a 52-week high of $595.17. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40. The company has a market cap of $56.89 billion, a price-to-earnings ratio of 36.87, a PEG ratio of 2.77 and a beta of 0.99.

Roper Technologies (NYSE:ROP) last issued its earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, beating 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%. During the same quarter last year, the company posted $4.48 EPS. The business’s revenue for the quarter was up 13.2% compared to the same quarter last year. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. Equities research analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be given a $0.825 dividend. The ex-dividend date is Friday, October 3rd. This represents a $3.30 dividend on an annualized basis and a yield of 0.6%. Roper Technologies’s payout ratio is 23.19%.

Analyst Ratings Changes

A number of research firms have recently weighed in on ROP. Royal Bank Of Canada raised their price target 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. William Blair began coverage on shares of Roper Technologies in a report on Monday, May 5th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. lifted their target price on shares of Roper Technologies from $561.00 to $577.00 and gave the stock a “neutral” rating in a report on Tuesday, July 22nd. Mizuho set a $600.00 target price on shares of Roper Technologies in a report on Friday, May 16th. Finally, Citigroup began coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 target price on the stock. 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $636.36.

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.