Roper Technologies, Inc. $ROP Shares Purchased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. boosted its stake in Roper Technologies, Inc. (NYSE:ROP) by 19.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,066 shares of the industrial products company’s stock after purchasing an additional 174 shares during the period. Geneos Wealth Management Inc.’s holdings in Roper Technologies were worth $629,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in ROP. Brighton Jones LLC acquired a new stake in Roper Technologies in the 4th quarter valued at $203,000. Lazard Asset Management LLC increased its holdings in Roper Technologies by 48.0% in the 4th quarter. Lazard Asset Management LLC now owns 148 shares of the industrial products company’s stock valued at $76,000 after purchasing an additional 48 shares in the last quarter. NorthRock Partners LLC increased its holdings in Roper Technologies by 68.7% in the 4th quarter. NorthRock Partners LLC now owns 1,076 shares of the industrial products company’s stock valued at $559,000 after purchasing an additional 438 shares in the last quarter. Quantinno Capital Management LP increased its holdings in Roper Technologies by 16.6% in the 4th quarter. Quantinno Capital Management LP now owns 11,868 shares of the industrial products company’s stock valued at $6,170,000 after purchasing an additional 1,693 shares in the last quarter. Finally, Raiffeisen Bank International AG purchased a new position in Roper Technologies in the 4th quarter valued at about $761,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies Stock Performance

Shares of ROP stock opened at $512.53 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40. Roper Technologies, Inc. has a one year low of $499.47 and a one year high of $595.17. The company’s 50-day simple moving average is $538.14 and its 200-day simple moving average is $557.63. The stock has a market capitalization of $55.16 billion, a price-to-earnings ratio of 35.74, a PEG ratio of 2.77 and a beta of 1.03.

Roper Technologies (NYSE:ROP) last issued its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 EPS for the quarter, topping 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 in the previous year, the business earned $4.48 EPS. The firm’s quarterly revenue 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. Equities analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share 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. Shareholders of record on Friday, October 3rd will be issued 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 yield of 0.6%. Roper Technologies’s dividend payout ratio (DPR) is currently 23.19%.

Insider Transactions at Roper Technologies

In other Roper Technologies news, Director Richard F. Wallman sold 352 shares of the firm’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 transaction, the director owned 20,510 shares of the company’s stock, valued at $11,408,687.50. This trade represents a 1.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP John K. Stipancich sold 1,500 shares of the firm’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 transaction, the vice president directly owned 38,932 shares in the company, valued at $21,964,266.44. This represents a 3.71% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Truist Financial upped their price objective 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. Royal Bank Of Canada upped their price objective on shares of Roper Technologies from $695.00 to $703.00 and gave the company an “outperform” rating in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. upped their price objective on shares of Roper Technologies from $561.00 to $577.00 and gave the company a “neutral” rating in a research report 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 company an “outperform” rating in a research report on Tuesday, July 22nd. Finally, Citigroup assumed coverage on shares of Roper Technologies in a research report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price objective for the company. 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $636.36.

Roper Technologies Company 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.