MBE Wealth Management LLC Has $375,000 Position in Roper Technologies, Inc. $ROP

MBE Wealth Management LLC grew its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 7.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 662 shares of the industrial products company’s stock after buying an additional 48 shares during the quarter. MBE Wealth Management LLC’s holdings in Roper Technologies were worth $375,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in ROP. CWA Asset Management Group LLC lifted its stake in Roper Technologies by 8.6% during the first 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 during the period. Freedom Day Solutions LLC acquired a new position in shares of Roper Technologies in the 1st quarter worth approximately $1,808,000. Tandem Investment Advisors Inc. lifted its position in shares of Roper Technologies by 49.9% during the 1st quarter. Tandem Investment Advisors Inc. now owns 98,229 shares of the industrial products company’s stock worth $57,914,000 after buying an additional 32,694 shares during the period. GAMMA Investing LLC boosted its stake in Roper Technologies by 76.4% in the 1st quarter. GAMMA Investing LLC now owns 1,891 shares of the industrial products company’s stock valued at $1,115,000 after buying an additional 819 shares in the last quarter. Finally, Legacy Advisors LLC bought a new stake in Roper Technologies in the first quarter valued at $264,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, VP John K. Stipancich sold 1,500 shares of Roper Technologies stock in a transaction dated Wednesday, July 23rd. The stock was 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 in the company, valued at $21,964,266.44. This trade represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard F. Wallman sold 352 shares of the business’s stock in a transaction dated Tuesday, July 22nd. The stock was sold at an average price of $556.25, for a total value of $195,800.00. Following the sale, the director directly owned 20,510 shares of the company’s stock, valued at $11,408,687.50. This represents a 1.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.78% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ROP has been the subject of a number of analyst reports. Royal Bank Of Canada lifted their price objective on Roper Technologies from $695.00 to $703.00 and gave the company an “outperform” rating in a report on Tuesday, July 22nd. Robert W. Baird increased 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. Truist Financial boosted their price target on shares of Roper Technologies from $675.00 to $685.00 and gave the company a “buy” rating in a research report on Tuesday, July 22nd. Citigroup assumed coverage on shares of Roper Technologies in a research note on Wednesday, August 20th. They set a “buy” rating and a $626.00 price objective on the stock. Finally, JPMorgan Chase & Co. lifted their target price on shares of Roper Technologies from $561.00 to $577.00 and gave the company a “neutral” rating in a research note on Tuesday, July 22nd. One 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 assigned a Sell rating to the stock. According to MarketBeat, Roper Technologies presently has an average rating of “Moderate Buy” and an average price target of $636.36.

Roper Technologies Trading Down 2.1%

ROP opened at $495.03 on Friday. Roper Technologies, Inc. has a 1-year low of $492.25 and a 1-year high of $595.17. The stock has a market capitalization of $53.27 billion, a PE ratio of 34.79, a PEG ratio of 2.37 and a beta of 1.03. 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 firm has a 50-day moving average price of $529.63 and a two-hundred day moving average price of $552.90.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 EPS for the quarter, beating the consensus estimate of $4.83 by $0.04. Roper Technologies had a net margin of 20.62% and a return on equity of 10.83%. During the same quarter in the previous year, the company earned $4.48 EPS. Roper Technologies’s revenue 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. As a group, equities analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.825 per share. 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%.

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.