Roper Technologies, Inc. (ROP) to Issue Quarterly Dividend of $0.91 on January 16th

Roper Technologies, Inc. (NASDAQ:ROPGet Free Report) declared a quarterly dividend on Wednesday, November 5th. Shareholders of record on Friday, January 2nd will be given a dividend of 0.91 per share by the industrial products company on Friday, January 16th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, January 2nd. This is a 10.3% increase from Roper Technologies’s previous quarterly dividend of $0.83.

Roper Technologies has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. Roper Technologies has a dividend payout ratio of 15.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Roper Technologies to earn $21.17 per share next year, which means the company should continue to be able to cover its $3.30 annual dividend with an expected future payout ratio of 15.6%.

Roper Technologies Trading Down 0.3%

Shares of NASDAQ:ROP opened at $444.48 on Friday. The stock has a market cap of $47.84 billion, a PE ratio of 30.63, a P/E/G ratio of 2.13 and a beta of 0.98. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46. Roper Technologies has a 12-month low of $435.42 and a 12-month high of $595.17. The business has a 50 day moving average of $497.90 and a 200-day moving average of $536.47.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, topping the consensus estimate of $5.11 by $0.03. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The firm had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same quarter last year, the business earned $4.62 EPS. The company’s quarterly revenue was up 14.3% compared to the same quarter last year. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. As a group, equities research analysts forecast that Roper Technologies will post 19.96 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Norges Bank purchased a new stake in Roper Technologies during the second quarter valued at about $1,064,718,000. Nuveen LLC bought a new position in shares of Roper Technologies in the first quarter worth $894,764,000. Wellington Management Group LLP lifted its holdings in 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 worth $826,030,000 after purchasing an additional 672,306 shares in the last quarter. Flossbach Von Storch SE lifted its holdings in shares of Roper Technologies by 130.3% in the third quarter. Flossbach Von Storch SE now owns 896,161 shares of the industrial products company’s stock worth $446,907,000 after buying an additional 507,083 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in 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 worth $3,515,984,000 after acquiring an additional 500,764 shares during the period. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Company Profile

(Get 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

Dividend History for Roper Technologies (NASDAQ:ROP)

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