Roper Technologies, Inc. $ROP Shares Purchased by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc raised its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 10.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 151,691 shares of the industrial products company’s stock after acquiring an additional 13,771 shares during the quarter. Ensign Peak Advisors Inc’s holdings in Roper Technologies were worth $85,985,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in ROP. Endowment Wealth Management Inc. raised its stake in Roper Technologies by 3.4% in the 1st quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company’s stock valued at $327,000 after purchasing an additional 18 shares during the last quarter. Fiduciary Alliance LLC grew its holdings in shares of Roper Technologies by 0.8% during the second quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company’s stock worth $1,329,000 after buying an additional 18 shares in the last quarter. Townsend Asset Management Corp NC ADV raised its position in shares of Roper Technologies by 0.8% in the second quarter. Townsend Asset Management Corp NC ADV now owns 2,554 shares of the industrial products company’s stock valued at $1,448,000 after buying an additional 20 shares during the last quarter. Sagespring Wealth Partners LLC lifted its stake in shares of Roper Technologies by 2.9% during the second quarter. Sagespring Wealth Partners LLC now owns 718 shares of the industrial products company’s stock valued at $407,000 after buying an additional 20 shares during the period. Finally, First Horizon Advisors Inc. boosted its position in Roper Technologies by 1.3% during the second quarter. First Horizon Advisors Inc. now owns 1,668 shares of the industrial products company’s stock worth $946,000 after acquiring an additional 21 shares during the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Mizuho cut their price target on Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a report on Friday, October 17th. Stifel Nicolaus set a $550.00 target price on Roper Technologies in a research note on Friday, October 24th. Robert W. Baird set a $592.00 price target on Roper Technologies in a research note on Friday, October 24th. Barclays dropped their price objective on shares of Roper Technologies from $550.00 to $506.00 and set an “underweight” rating for the company in a research note on Monday, October 27th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Roper Technologies in a research report on Friday, October 31st. One 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’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $579.54.

Roper Technologies Trading Down 0.9%

Shares of ROP stock opened at $440.86 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46. Roper Technologies, Inc. has a fifty-two week low of $435.42 and a fifty-two week high of $595.17. The firm’s 50 day moving average price is $482.93 and its two-hundred day moving average price is $528.94. The stock has a market cap of $47.45 billion, a price-to-earnings ratio of 30.38, a price-to-earnings-growth ratio of 2.13 and a beta of 0.98.

Roper Technologies (NASDAQ:ROP) last issued its earnings results 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. The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.02 billion. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The business’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter last year, the firm posted $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. On average, analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Increases Dividend

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

Insider Transactions at Roper Technologies

In related news, CEO Laurence Neil Hunn purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was purchased at an average price of $452.23 per share, for a total transaction of $4,522,300.00. Following the acquisition, the chief executive officer directly owned 97,311 shares in the company, valued at $44,006,953.53. The trade was a 11.45% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Amy Woods Brinkley acquired 1,200 shares of the stock in a transaction 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 transaction, the director directly owned 18,184 shares of the company’s stock, valued at $8,195,710.64. This represents a 7.07% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.78% of the stock is currently owned by company insiders.

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.