Aviva PLC Buys 37,020 Shares of Roper Technologies, Inc. $ROP

Aviva PLC boosted its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 85.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 80,292 shares of the industrial products company’s stock after purchasing an additional 37,020 shares during the period. Aviva PLC owned about 0.07% of Roper Technologies worth $45,513,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Endowment Wealth Management Inc. grew its stake in shares of Roper Technologies by 3.4% during the 1st quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company’s stock valued at $327,000 after acquiring an additional 18 shares during the period. Fiduciary Alliance LLC lifted its holdings in Roper Technologies by 0.8% during the second quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company’s stock valued at $1,329,000 after purchasing an additional 18 shares in the last quarter. Winch Advisory Services LLC boosted its position in shares of Roper Technologies by 2.2% in the first quarter. Winch Advisory Services LLC now owns 944 shares of the industrial products company’s stock worth $557,000 after purchasing an additional 20 shares during the period. Townsend Asset Management Corp NC ADV increased its stake in shares of Roper Technologies by 0.8% in the second quarter. Townsend Asset Management Corp NC ADV now owns 2,554 shares of the industrial products company’s stock worth $1,448,000 after purchasing an additional 20 shares in the last quarter. Finally, Sagespring Wealth Partners LLC raised its position in shares of Roper Technologies by 2.9% during the 2nd quarter. Sagespring Wealth Partners LLC now owns 718 shares of the industrial products company’s stock valued at $407,000 after purchasing an additional 20 shares during the period. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Price Performance

Roper Technologies stock opened at $447.05 on Monday. Roper Technologies, Inc. has a 52-week low of $435.42 and a 52-week high of $595.17. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46. The firm’s fifty day moving average is $496.31 and its 200 day moving average is $535.61. The company has a market cap of $48.12 billion, a price-to-earnings ratio of 30.81, a PEG ratio of 2.13 and a beta of 0.98.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, beating the consensus estimate of $5.11 by $0.03. The company had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.02 billion. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.Roper Technologies’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.62 EPS. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. Sell-side analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, January 2nd. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s payout ratio is currently 22.74%.

Analyst Ratings Changes

A number of brokerages have issued reports on ROP. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $541.00 price target (down previously from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. Truist Financial set a $650.00 target price on Roper Technologies in a research report on Friday, October 24th. Stifel Nicolaus set a $550.00 target price on Roper Technologies in a research note on Friday, October 24th. Barclays dropped their price target on Roper Technologies from $550.00 to $506.00 and set an “underweight” rating for the company in a research note on Monday, October 27th. Finally, Citigroup started coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They set a “buy” rating and a $626.00 price objective for the company. 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 two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $577.83.

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.