Laurence Neil Hunn Sells 30,000 Shares of Roper Technologies (NASDAQ:ROP) Stock

Roper Technologies, Inc. (NASDAQ:ROP) CEO Laurence Neil Hunn sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $443.57, for a total transaction of $13,307,100.00. Following the completion of the sale, the chief executive officer directly owned 87,311 shares in the company, valued at approximately $38,728,540.27. This trade represents a 25.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Roper Technologies Stock Up 1.0%

Shares of Roper Technologies stock traded up $4.21 during trading on Wednesday, hitting $447.48. 48,335 shares of the stock were exchanged, compared to its average volume of 718,990. The stock has a market cap of $48.17 billion, a price-to-earnings ratio of 30.84, a price-to-earnings-growth ratio of 2.13 and a beta of 0.98. The firm’s 50-day moving average price is $493.27 and its 200 day moving average price is $534.03. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53. Roper Technologies, Inc. has a 12-month low of $435.42 and a 12-month high of $595.17.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.11 by $0.03. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the previous year, the business earned $4.62 EPS. Roper Technologies’s revenue for the quarter was up 14.3% on a year-over-year basis. 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, analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 2nd will be issued a dividend of $0.91 per share. The ex-dividend date of this dividend is Friday, January 2nd. This is an increase from Roper Technologies’s previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. Roper Technologies’s dividend payout ratio is 25.09%.

Analysts Set New Price Targets

Several brokerages recently commented on ROP. Raymond James Financial cut their price target on shares of Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating on the stock in a research note on Friday, October 24th. JPMorgan Chase & Co. restated an “underweight” rating and set a $541.00 target price (down from $577.00) on shares of Roper Technologies in a research report on Wednesday, October 15th. Stifel Nicolaus set a $550.00 price target on shares of Roper Technologies in a research report on Friday, October 24th. Royal Bank Of Canada downgraded shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and lowered their price objective for the stock from $644.00 to $539.00 in a research report on Monday, October 27th. Finally, Mizuho reduced their target price on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a report on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $577.83.

Institutional Investors Weigh In On Roper Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of ROP. Saudi Central Bank acquired a new position in Roper Technologies during the first quarter worth $25,000. Banque Transatlantique SA purchased a new stake in shares of Roper Technologies in the 1st quarter worth about $25,000. Field & Main Bank purchased a new position in Roper Technologies during the 3rd quarter valued at about $25,000. Asset Dedication LLC grew its position in shares of Roper Technologies by 800.0% in the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 40 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC increased its stake in shares of Roper Technologies by 89.3% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 25 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

About Roper Technologies

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.