Vise Technologies Inc. Buys Shares of 2,293 Roper Technologies, Inc. $ROP

Vise Technologies Inc. bought a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,293 shares of the industrial products company’s stock, valued at approximately $1,300,000.

A number of other institutional investors have also modified their holdings of ROP. Vanguard Group Inc. increased its holdings in shares of Roper Technologies by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 10,717,253 shares of the industrial products company’s stock valued at $6,318,678,000 after acquiring an additional 142,150 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Roper Technologies by 9.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company’s stock worth $3,515,984,000 after buying an additional 500,764 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its position in shares of Roper Technologies by 0.4% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,171,740 shares of the industrial products company’s stock worth $3,049,155,000 after buying an additional 20,238 shares during the period. Nuveen LLC bought a new position in shares of Roper Technologies in the first quarter worth about $894,764,000. Finally, Wellington Management Group LLP increased its holdings in Roper Technologies by 92.3% in the first quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company’s stock valued at $826,030,000 after purchasing an additional 672,306 shares during the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on ROP shares. Citigroup initiated coverage on shares of Roper Technologies in a research report on Wednesday, August 20th. They set a “buy” rating and a $626.00 price target on the stock. Raymond James Financial lowered their price objective on Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating on the stock 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 reduced their target price for the company from $644.00 to $539.00 in a research note on Monday, October 27th. Truist Financial set a $650.00 target price on Roper Technologies in a research note on Friday, October 24th. Finally, TD Cowen decreased their price target on shares of Roper Technologies from $650.00 to $625.00 and set a “buy” rating for the company in a report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $577.83.

Insider Activity

In other news, Director Amy Woods Brinkley bought 1,200 shares of the stock in a transaction on Wednesday, November 12th. The shares were purchased at an average price of $450.71 per share, for a total transaction of $540,852.00. Following the completion of the purchase, the director directly owned 18,184 shares of the company’s stock, valued at $8,195,710.64. This trade represents a 7.07% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Laurence Neil Hunn sold 30,000 shares of the stock in a transaction 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 transaction, the chief executive officer owned 87,311 shares of the company’s stock, valued at $38,728,540.27. This represents a 25.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.78% of the stock is currently owned by company insiders.

Roper Technologies Trading Down 0.3%

Shares of NASDAQ:ROP opened at $453.77 on Thursday. The company has a market cap of $48.84 billion, a P/E ratio of 31.16, a PEG ratio of 2.13 and a beta of 0.98. 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 1 year low of $435.42 and a 1 year high of $595.17. The stock’s fifty day moving average price is $491.89 and its 200-day moving average price is $533.48.

Roper Technologies (NASDAQ:ROP) last issued its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share 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 business had revenue of $2.02 billion during the quarter, compared to analyst estimates of $2.02 billion. During the same period in the previous year, the company posted $4.62 EPS. Roper Technologies’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 expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a 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%.

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.