Meeder Asset Management Inc. Boosts Stock Holdings in Roper Technologies, Inc. $ROP

Meeder Asset Management Inc. lifted its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 32,656.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 26,533 shares of the industrial products company’s stock after acquiring an additional 26,452 shares during the quarter. Meeder Asset Management Inc.’s holdings in Roper Technologies were worth $13,232,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Asset Dedication LLC raised its holdings in Roper Technologies by 800.0% during the 2nd quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 40 shares during the period. Vermillion & White Wealth Management Group LLC grew its position in shares of Roper Technologies by 89.3% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 25 shares in the last quarter. CoreFirst Bank & Trust bought a new stake in shares of Roper Technologies during the 2nd quarter valued at $39,000. J.Safra Asset Management Corp lifted its holdings in Roper Technologies by 222.7% during the 2nd quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 49 shares in the last quarter. Finally, Westside Investment Management Inc. boosted its stake in Roper Technologies by 242.9% in the 2nd quarter. Westside Investment Management Inc. now owns 72 shares of the industrial products company’s stock worth $41,000 after purchasing an additional 51 shares during the period. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Roper Technologies Price Performance

ROP stock opened at $434.81 on Monday. The firm has a 50 day simple moving average of $445.14 and a two-hundred day simple moving average of $496.64. The stock has a market cap of $46.80 billion, a PE ratio of 29.97, a P/E/G ratio of 2.03 and a beta of 0.94. Roper Technologies, Inc. has a one year low of $427.89 and a one year high of $595.17. 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 (NASDAQ:ROP) last posted its quarterly earnings data 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. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. 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 company posted $4.62 EPS. The business’s quarterly revenue was up 14.3% on a year-over-year basis. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS and its FY 2025 guidance at 19.900-19.950 EPS. On average, analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Increases Dividend

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

Insider Transactions at Roper Technologies

In other news, Director Amy Woods Brinkley acquired 1,200 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The shares were bought at an average cost of $450.71 per share, with a total value of $540,852.00. Following the acquisition, the director owned 18,184 shares in the company, valued at approximately $8,195,710.64. This represents a 7.07% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Laurence Neil Hunn sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $443.57, for a total value of $13,307,100.00. Following the completion of the sale, the chief executive officer directly owned 87,311 shares of the company’s stock, valued at approximately $38,728,540.27. This represents a 25.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.87% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada cut Roper Technologies from an “outperform” rating to a “sector perform” rating and decreased their price target for the company from $644.00 to $539.00 in a research report on Monday, October 27th. Mizuho reaffirmed an “underperform” rating and set a $419.00 target price (down previously from $510.00) on shares of Roper Technologies in a report on Monday, January 5th. Truist Financial set a $650.00 price target on shares of Roper Technologies in a report on Friday, October 24th. Piper Sandler began coverage on shares of Roper Technologies in a research report on Thursday, November 20th. They set an “overweight” rating and a $600.00 price target for the company. Finally, JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $541.00 price objective (down previously from $577.00) on shares of Roper Technologies in a research report on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $562.07.

Roper Technologies Company Profile

Roper Technologies, Inc (NASDAQ: ROP) is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.

Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.