Mufg Securities Americas Inc. boosted its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 25.5% during the second quarter, HoldingsChannel reports. The fund owned 2,383 shares of the industrial products company’s stock after purchasing an additional 484 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Roper Technologies were worth $1,351,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of ROP. Endowment Wealth Management Inc. increased its holdings in Roper Technologies by 3.4% in the first quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company’s stock valued at $327,000 after purchasing an additional 18 shares during the period. Fiduciary Alliance LLC grew its position in shares of Roper Technologies by 0.8% in the 2nd quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company’s stock valued at $1,329,000 after buying an additional 18 shares during the last quarter. 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 valued at $1,448,000 after buying an additional 20 shares during the period. Sagespring Wealth Partners LLC raised its position in shares of Roper Technologies by 2.9% during the second quarter. Sagespring Wealth Partners LLC now owns 718 shares of the industrial products company’s stock worth $407,000 after acquiring an additional 20 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in shares of Roper Technologies by 1.3% in the second quarter. First Horizon Advisors Inc. now owns 1,668 shares of the industrial products company’s stock worth $946,000 after acquiring an additional 21 shares during the period. Institutional investors own 93.31% of the company’s stock.
Analyst Upgrades and Downgrades
ROP has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. reissued an “underweight” rating and set a $541.00 target price (down previously from $577.00) on shares of Roper Technologies in a research report on Wednesday, October 15th. Citigroup assumed coverage on shares of Roper Technologies in a research note on Wednesday, August 20th. They set a “buy” rating and a $626.00 target price for the company. Oppenheimer reaffirmed an “outperform” rating and set a $570.00 price target on shares of Roper Technologies in a research report on Thursday, October 23rd. Royal Bank Of Canada downgraded Roper Technologies from an “outperform” rating to a “sector perform” rating and dropped their price objective for the company from $644.00 to $539.00 in a research note on Monday, October 27th. Finally, Mizuho decreased their target price on Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a research note on Friday, October 17th. 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 two have assigned a Sell rating to the company. Based on data from MarketBeat, Roper Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $579.54.
Insider Buying and Selling at Roper Technologies
In other news, Director Amy Woods Brinkley bought 1,200 shares of Roper Technologies stock in a transaction dated Wednesday, November 12th. The stock was purchased at an average price of $450.71 per share, for a total transaction of $540,852.00. Following the purchase, the director directly owned 18,184 shares in the company, valued at $8,195,710.64. The trade was a 7.07% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Laurence Neil Hunn sold 30,000 shares of the business’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $443.57, for a total transaction of $13,307,100.00. Following the transaction, the chief executive officer owned 87,311 shares in the company, valued at approximately $38,728,540.27. This trade represents a 25.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.78% of the stock is currently owned by company insiders.
Roper Technologies Price Performance
Shares of ROP opened at $443.75 on Friday. The business’s fifty day moving average is $481.55 and its 200 day moving average is $527.76. Roper Technologies, Inc. has a 12-month low of $435.42 and a 12-month 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 stock has a market cap of $47.76 billion, a P/E ratio of 30.58, a P/E/G ratio of 2.13 and a beta of 0.98.
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $2.02 billion. During the same period last year, the company earned $4.62 earnings per share. The business’s 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. FY 2025 guidance at 19.900-19.950 EPS. Sell-side analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.
Roper Technologies Increases Dividend
The business 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%. This is an increase from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, January 2nd. Roper Technologies’s dividend payout ratio is currently 25.09%.
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.
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