LS Investment Advisors LLC Acquires 26 Shares of Roper Technologies, Inc. $ROP

LS Investment Advisors LLC lifted its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 0.2% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 12,458 shares of the industrial products company’s stock after acquiring an additional 26 shares during the quarter. LS Investment Advisors LLC’s holdings in Roper Technologies were worth $7,062,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC bought a new stake in Roper Technologies in the fourth quarter worth $203,000. Fire Capital Management LLC purchased a new stake in Roper Technologies during the 4th quarter valued at about $425,000. First Financial Bank Trust Division increased its stake in Roper Technologies by 1.4% in the 1st quarter. First Financial Bank Trust Division now owns 10,876 shares of the industrial products company’s stock worth $6,412,000 after purchasing an additional 154 shares during the period. MassMutual Private Wealth & Trust FSB lifted its position in Roper Technologies by 2.7% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 34,833 shares of the industrial products company’s stock valued at $20,537,000 after purchasing an additional 917 shares during the last quarter. Finally, Versant Capital Management Inc boosted its stake in shares of Roper Technologies by 235.1% during the first quarter. Versant Capital Management Inc now owns 382 shares of the industrial products company’s stock valued at $225,000 after purchasing an additional 268 shares during the period. Institutional investors own 93.31% of the company’s stock.

Insider Activity

In related news, Director Richard F. Wallman sold 352 shares of Roper Technologies stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $556.25, for a total transaction of $195,800.00. Following the completion of the transaction, 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP John K. Stipancich sold 1,500 shares of the company’s stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total transaction of $846,255.00. Following the completion of the sale, the vice president owned 38,932 shares in the company, valued at approximately $21,964,266.44. This trade represents 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.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ROP. Royal Bank Of Canada upped 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. Truist Financial increased their target price on shares of Roper Technologies from $675.00 to $685.00 and gave the stock a “buy” rating in a report on Tuesday, July 22nd. JPMorgan Chase & Co. raised 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. Robert W. Baird upped 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. Finally, Citigroup assumed coverage on Roper Technologies in a research report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Roper Technologies has a consensus rating of “Moderate Buy” and an average target price of $636.36.

Roper Technologies Stock Performance

Shares of ROP opened at $495.03 on Friday. Roper Technologies, Inc. has a one year low of $492.25 and a one year high of $595.17. The company has a 50-day simple moving average of $529.63 and a two-hundred day simple moving average of $552.90. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.46 and a quick ratio of 0.43. The firm has a market capitalization of $53.27 billion, a PE ratio of 34.79, a price-to-earnings-growth ratio of 2.37 and a beta of 1.03.

Roper Technologies (NASDAQ:ROP) last released its earnings results 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 10.83% and a net margin of 20.62%.During the same period in the previous year, the firm posted $4.48 earnings per share. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. On average, analysts anticipate 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. Stockholders of record on Friday, October 3rd will be given 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 0.7%. Roper Technologies’s dividend payout ratio is currently 23.19%.

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.