Clarius Group LLC Has $252,000 Position in Roper Technologies, Inc. $ROP

Clarius Group LLC cut its stake in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 6.9% during the second quarter, HoldingsChannel reports. The fund owned 445 shares of the industrial products company’s stock after selling 33 shares during the quarter. Clarius Group LLC’s holdings in Roper Technologies were worth $252,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. CWA Asset Management Group LLC raised its stake in shares of Roper Technologies by 8.6% during the 1st quarter. CWA Asset Management Group LLC now owns 768 shares of the industrial products company’s stock worth $453,000 after purchasing an additional 61 shares in the last quarter. Freedom Day Solutions LLC acquired a new position in Roper Technologies in the first quarter worth approximately $1,808,000. Tandem Investment Advisors Inc. raised its position in Roper Technologies by 49.9% during the first quarter. Tandem Investment Advisors Inc. now owns 98,229 shares of the industrial products company’s stock valued at $57,914,000 after acquiring an additional 32,694 shares in the last quarter. GAMMA Investing LLC lifted its stake in Roper Technologies by 76.4% in the first quarter. GAMMA Investing LLC now owns 1,891 shares of the industrial products company’s stock valued at $1,115,000 after acquiring an additional 819 shares during the last quarter. Finally, Legacy Advisors LLC bought a new stake in Roper Technologies in the first quarter worth approximately $264,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Stock Up 1.4%

NASDAQ ROP opened at $506.99 on Tuesday. The stock has a market capitalization of $54.56 billion, a P/E ratio of 35.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.00. Roper Technologies, Inc. has a 52 week low of $492.25 and a 52 week high of $595.17. 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 fifty day moving average of $521.65 and a 200-day moving average of $549.15.

Roper Technologies (NASDAQ:ROPGet Free Report) last issued its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.83 by $0.04. Roper Technologies had a return on equity of 10.83% and a net margin of 20.62%.The firm’s revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the firm earned $4.48 EPS. 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, equities research analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Friday, October 3rd will be paid a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, October 3rd. Roper Technologies’s payout ratio is 23.19%.

Wall Street Analyst Weigh In

ROP has been the topic of a number of analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Roper Technologies in a report on Saturday, September 27th. Citigroup began coverage on Roper Technologies in a report on Wednesday, August 20th. They set a “buy” rating and a $626.00 price target on the stock. JPMorgan Chase & Co. boosted their price objective on shares of 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 objective 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. Finally, Truist Financial lifted their target price on shares of Roper Technologies from $675.00 to $685.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Roper Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $635.27.

View Our Latest Research Report on ROP

Insider Buying and Selling

In other Roper Technologies news, VP John K. Stipancich sold 1,500 shares of Roper Technologies stock in a transaction 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 sale, the vice president owned 38,932 shares of the company’s stock, valued at approximately $21,964,266.44. The trade was a 3.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard F. Wallman sold 352 shares of the stock in a transaction 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 transaction, the director directly owned 20,510 shares in the company, valued at approximately $11,408,687.50. This trade represents a 1.69% decrease in their position. The disclosure for this sale can be found here. 0.87% of the stock is currently owned by company insiders.

Roper Technologies Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NASDAQ:ROPFree Report).

Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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