Hibernia Wealth Partners LLC purchased a new stake in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) in the second quarter, according to its most recent filing with the SEC. The fund purchased 585 shares of the industrial products company’s stock, valued at approximately $332,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC acquired a new position in Roper Technologies in the fourth quarter worth $203,000. Mutual of America Capital Management LLC lifted its position in shares of Roper Technologies by 65.0% in the 1st quarter. Mutual of America Capital Management LLC now owns 21,198 shares of the industrial products company’s stock worth $12,498,000 after buying an additional 8,354 shares during the last quarter. CWM LLC boosted its holdings in shares of Roper Technologies by 4.5% in the 1st quarter. CWM LLC now owns 3,807 shares of the industrial products company’s stock valued at $2,244,000 after buying an additional 163 shares during the period. Sigma Planning Corp grew its position in shares of Roper Technologies by 1.6% during the 1st quarter. Sigma Planning Corp now owns 2,080 shares of the industrial products company’s stock valued at $1,227,000 after buying an additional 32 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in Roper Technologies by 235.3% during the first quarter. Massachusetts Financial Services Co. MA now owns 82,714 shares of the industrial products company’s stock worth $48,767,000 after acquiring an additional 58,043 shares during the period. 93.31% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, CEO Laurence Neil Hunn bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was acquired at an average price of $452.23 per share, with a total value of $4,522,300.00. Following the completion of the purchase, the chief executive officer directly owned 97,311 shares of the company’s stock, valued at $44,006,953.53. This represents a 11.45% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Amy Woods Brinkley bought 1,200 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were purchased at an average cost of $450.71 per share, for a total transaction of $540,852.00. Following the completion of the acquisition, the director owned 18,184 shares of the company’s stock, valued at $8,195,710.64. This trade represents a 7.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.78% of the company’s stock.
Roper Technologies Price Performance
Roper Technologies (NASDAQ:ROP – Get Free Report) last released its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.02 billion. During the same quarter last year, the company earned $4.62 EPS. Roper Technologies’s quarterly 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. Equities analysts expect that Roper Technologies, Inc. will post 19.96 EPS for the current year.
Roper Technologies Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 2nd will be given 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 is Friday, January 2nd. Roper Technologies’s payout ratio is currently 25.09%.
Analyst Ratings Changes
Several equities analysts have recently commented on ROP shares. Barclays lowered their target price on Roper Technologies from $550.00 to $506.00 and set an “underweight” rating for the company in a report on Monday, October 27th. Oppenheimer restated an “outperform” rating and set a $570.00 price objective on shares of Roper Technologies in a research note on Thursday, October 23rd. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $541.00 target price (down from $577.00) on shares of Roper Technologies in a research report on Wednesday, October 15th. Robert W. Baird set a $592.00 price target on shares of Roper Technologies in a report on Friday, October 24th. Finally, Citigroup started coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $577.83.
View Our Latest Research Report on ROP
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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