Roper Technologies, Inc. $ROP Shares Purchased by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC boosted its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 56,585.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 23,808 shares of the industrial products company’s stock after purchasing an additional 23,766 shares during the period. Laurel Wealth Advisors LLC’s holdings in Roper Technologies were worth $13,495,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. XTX Topco Ltd acquired a new stake in shares of Roper Technologies in the second quarter valued at $255,000. Aviso Financial Inc. boosted its holdings in Roper Technologies by 4.7% during the 2nd quarter. Aviso Financial Inc. now owns 4,126 shares of the industrial products company’s stock valued at $2,339,000 after acquiring an additional 186 shares during the period. Quadcap Wealth Management LLC purchased a new stake in Roper Technologies during the second quarter worth about $242,000. Maripau Wealth Management LLC lifted its position in shares of Roper Technologies by 15.3% during the second quarter. Maripau Wealth Management LLC now owns 1,060 shares of the industrial products company’s stock worth $605,000 after purchasing an additional 141 shares in the last quarter. Finally, Summit Global Investments purchased a new position in shares of Roper Technologies in the second quarter valued at approximately $416,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity 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 purchased at an average cost of $450.71 per share, with a total value of $540,852.00. Following the completion of the transaction, the director directly owned 18,184 shares in the company, valued at approximately $8,195,710.64. The trade was a 7.07% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Laurence Neil Hunn sold 30,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 87,311 shares in the company, valued at approximately $38,728,540.27. The trade was a 25.57% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.78% of the company’s stock.

Roper Technologies Stock Performance

Shares of ROP stock opened at $446.08 on Thursday. The company has a market cap of $48.01 billion, a P/E ratio of 30.74, a PEG ratio of 2.13 and a beta of 0.98. The firm has a fifty day moving average price of $477.85 and a 200 day moving average price of $525.05. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46. 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. The company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.Roper Technologies’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period in the previous year, the business earned $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 predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The firm 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 $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Friday, January 2nd. Roper Technologies’s dividend payout ratio is currently 25.09%.

Analyst Ratings Changes

Several brokerages recently weighed in on ROP. Oppenheimer reaffirmed an “outperform” rating and set a $570.00 target price on shares of Roper Technologies in a research note on Thursday, October 23rd. Truist Financial set a $650.00 price objective on Roper Technologies in a research report on Friday, October 24th. Jefferies Financial Group reduced their price objective on Roper Technologies from $685.00 to $650.00 and set a “buy” rating on the stock in a research note on Thursday, October 23rd. JPMorgan Chase & Co. reissued an “underweight” rating and set a $541.00 target price (down from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. Finally, Raymond James Financial cut their price target on Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating on the stock in a report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Roper Technologies presently has an average rating of “Moderate Buy” and an average target price of $579.54.

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.