National Pension Service Acquires 1,518 Shares of Roper Technologies, Inc. $ROP

National Pension Service raised its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 0.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 265,529 shares of the industrial products company’s stock after purchasing an additional 1,518 shares during the period. National Pension Service’s holdings in Roper Technologies were worth $150,512,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Saudi Central Bank bought a new stake in Roper Technologies in the 1st quarter valued at about $25,000. Banque Transatlantique SA acquired a new stake in shares of Roper Technologies during the 1st quarter worth $25,000. J.Safra Asset Management Corp increased its position in shares of Roper Technologies by 222.7% in the second 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 during the period. Westside Investment Management Inc. lifted its position in Roper Technologies by 242.9% during the second 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. Finally, Alpine Bank Wealth Management lifted its holdings in shares of Roper Technologies by 68.4% during the 2nd quarter. Alpine Bank Wealth Management now owns 96 shares of the industrial products company’s stock worth $54,000 after acquiring an additional 39 shares during the period. 93.31% of the stock is owned by institutional investors and hedge funds.

Roper Technologies Stock Performance

Shares of ROP opened at $455.20 on Thursday. Roper Technologies, Inc. has a one year low of $435.42 and a one year high of $595.17. The company has a market cap of $49.00 billion, a PE ratio of 31.37, a P/E/G ratio of 2.13 and a beta of 0.98. The stock has a 50-day moving average of $491.89 and a 200-day moving average of $533.48. 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 announced its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, beating 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 firm had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $2.02 billion. During the same quarter last year, the firm posted $4.62 earnings per share. The company’s revenue for the quarter 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. On average, equities research analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Increases Dividend

The company also recently announced 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 is an increase from Roper Technologies’s previous quarterly dividend of $0.83. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, January 2nd. Roper Technologies’s dividend payout ratio is currently 25.09%.

Wall Street Analyst Weigh In

ROP has been the topic of several research analyst reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $541.00 price objective (down from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. Mizuho reduced their price target on Roper Technologies from $600.00 to $510.00 and set a “neutral” rating on the stock in a report on Friday, October 17th. Jefferies Financial Group reduced their target price on shares of Roper Technologies from $685.00 to $650.00 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Robert W. Baird set a $592.00 price objective on shares of Roper Technologies in a research note on Friday, October 24th. Finally, Oppenheimer reissued an “outperform” rating and set a $570.00 target price on shares of Roper Technologies in a research report on Thursday, October 23rd. One investment 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 given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $577.83.

Insider Transactions at Roper Technologies

In related news, Director Amy Woods Brinkley purchased 1,200 shares of Roper Technologies stock in a transaction that occurred on Wednesday, November 12th. The stock was bought at an average price of $450.71 per share, for a total transaction of $540,852.00. Following the completion of the transaction, the director owned 18,184 shares in the company, valued at $8,195,710.64. This represents a 7.07% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Laurence Neil Hunn bought 10,000 shares of Roper Technologies stock in a transaction dated Wednesday, November 12th. The shares were bought at an average cost of $452.23 per share, with a total value of $4,522,300.00. Following the completion of the transaction, the chief executive officer directly owned 97,311 shares in the company, valued at approximately $44,006,953.53. This trade represents a 11.45% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.78% of the company’s stock.

Roper Technologies 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.