Brogan Financial Inc. Boosts Stake in Roper Technologies, Inc. $ROP

Brogan Financial Inc. increased its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 23.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,290 shares of the industrial products company’s stock after acquiring an additional 245 shares during the quarter. Roper Technologies comprises 0.3% of Brogan Financial Inc.’s investment portfolio, making the stock its 16th biggest position. Brogan Financial Inc.’s holdings in Roper Technologies were worth $731,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Saudi Central Bank purchased a new stake in shares of Roper Technologies in the first quarter valued at approximately $25,000. Banque Transatlantique SA acquired a new position in Roper Technologies during the first quarter worth $25,000. J.Safra Asset Management Corp grew its holdings in Roper Technologies by 222.7% in the 2nd quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock valued at $40,000 after buying an additional 49 shares in the last quarter. Westside Investment Management Inc. increased its stake in shares of 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 acquiring an additional 51 shares during the last quarter. Finally, Alpine Bank Wealth Management raised 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. Institutional investors and hedge funds own 93.31% of the company’s stock.

Analyst Upgrades and Downgrades

ROP has been the subject of a number of analyst reports. Stifel Nicolaus set a $550.00 price objective on shares of Roper Technologies in a report on Friday, October 24th. Oppenheimer reissued an “outperform” rating and issued a $570.00 price target on shares of Roper Technologies in a research note on Thursday, October 23rd. Truist Financial set a $650.00 price target on shares of Roper Technologies in a research report on Friday, October 24th. Barclays lowered their price objective on Roper Technologies from $550.00 to $506.00 and set an “underweight” rating for the company in a research report on Monday, October 27th. Finally, 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 note on Wednesday, October 15th. One 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 issued a Sell rating to the company. According to MarketBeat, Roper Technologies has an average rating of “Moderate Buy” and an average price target of $577.83.

Insider Buying and Selling

In other news, CEO Laurence Neil Hunn acquired 10,000 shares of the company’s stock in a transaction on 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 transaction, the chief executive officer owned 97,311 shares in the company, valued at approximately $44,006,953.53. This trade represents a 11.45% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Amy Woods Brinkley acquired 1,200 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were 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 owned 18,184 shares in the company, valued at approximately $8,195,710.64. The trade was a 7.07% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.78% of the company’s stock.

Roper Technologies Trading Up 2.7%

NASDAQ ROP opened at $455.20 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.53 and a current ratio of 0.58. The firm has a market cap of $49.00 billion, a price-to-earnings ratio of 31.37, a PEG ratio of 2.13 and a beta of 0.98. The firm has a 50 day simple moving average of $491.89 and a 200-day simple moving average of $533.48. Roper Technologies, Inc. has a one year low of $435.42 and a one year high of $595.17.

Roper Technologies (NASDAQ:ROP) last released its earnings results 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. The firm had revenue of $2.02 billion during the quarter, compared to analyst estimates 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 was up 14.3% compared to the same quarter last year. During the same period last year, the business posted $4.62 earnings per share. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. Equities research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Increases Dividend

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

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.