Roper Technologies, Inc. $ROP Shares Sold by Groupama Asset Managment

Groupama Asset Managment lessened its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 9.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,581 shares of the industrial products company’s stock after selling 1,870 shares during the quarter. Groupama Asset Managment’s holdings in Roper Technologies were worth $9,907,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. lifted its position in Roper Technologies by 1.7% during the second quarter. Vanguard Group Inc. now owns 10,896,899 shares of the industrial products company’s stock worth $6,176,798,000 after buying an additional 179,646 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Roper Technologies by 9.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company’s stock valued at $3,515,984,000 after acquiring an additional 500,764 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings 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 acquiring an additional 20,238 shares during the period. Geode Capital Management LLC boosted its position in shares of Roper Technologies by 1.1% in the second quarter. Geode Capital Management LLC now owns 2,574,503 shares of the industrial products company’s stock worth $1,453,557,000 after acquiring an additional 27,386 shares during the last quarter. Finally, Nuveen LLC purchased a new stake in Roper Technologies in the first quarter valued at approximately $894,764,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Down 0.1%

Shares of NASDAQ ROP opened at $446.08 on Friday. The stock has a fifty day moving average price of $476.59 and a 200 day moving average price of $524.51. 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. The company has a market cap of $48.01 billion, a P/E ratio of 30.74, a P/E/G ratio of 2.13 and a beta of 0.98.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, topping 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 company had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same quarter in the previous year, the firm posted $4.62 earnings per share. The firm’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. Research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Increases Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ROP shares. TD Cowen cut their price target on shares of Roper Technologies from $650.00 to $625.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Truist Financial set a $650.00 price objective on Roper Technologies in a report on Friday, October 24th. Raymond James Financial reduced their target price 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. Mizuho lowered their price target on Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a research report on Friday, October 17th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and issued a $541.00 price objective (down from $577.00) on shares of Roper Technologies in a report on Wednesday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $579.54.

Insider Activity at Roper Technologies

In other news, Director Amy Woods Brinkley acquired 1,200 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were bought 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 approximately $8,195,710.64. This trade represents a 7.07% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Laurence Neil Hunn bought 10,000 shares of Roper Technologies stock in a transaction dated Wednesday, November 12th. The shares were purchased at an average cost of $452.23 per share, for a total transaction of $4,522,300.00. Following the completion of the transaction, the chief executive officer owned 97,311 shares of the company’s stock, valued at approximately $44,006,953.53. This represents a 11.45% increase in their position. The SEC filing for this purchase provides additional information. 0.78% of the stock is 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.