Roper Technologies, Inc. $ROP Shares Sold by Creative Planning

Creative Planning cut its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 4.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,040 shares of the industrial products company’s stock after selling 718 shares during the quarter. Creative Planning’s holdings in Roper Technologies were worth $9,659,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in ROP. Saudi Central Bank bought a new stake in shares of Roper Technologies in the first quarter worth $25,000. Banque Transatlantique SA acquired a new position in Roper Technologies during the 1st quarter worth $25,000. J.Safra Asset Management Corp increased its position in shares of 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 worth $40,000 after purchasing an additional 49 shares during the last quarter. Westside Investment Management Inc. raised 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 valued at $41,000 after purchasing an additional 51 shares in the last quarter. Finally, Alpine Bank Wealth Management raised its stake in shares of Roper Technologies by 68.4% in the 2nd quarter. Alpine Bank Wealth Management now owns 96 shares of the industrial products company’s stock valued at $54,000 after purchasing an additional 39 shares in the last quarter. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. Barclays decreased their target price 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. Oppenheimer reiterated an “outperform” rating and issued a $570.00 price target on shares of Roper Technologies in a report on Thursday, October 23rd. JPMorgan Chase & Co. restated an “underweight” rating and set a $541.00 price objective (down from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. Finally, Royal Bank Of Canada downgraded shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from $644.00 to $539.00 in a report on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $577.83.

Roper Technologies Stock Performance

Shares of ROP stock opened at $444.41 on Wednesday. The company has a market cap of $47.83 billion, a P/E ratio of 30.63, a PEG ratio of 2.13 and a beta of 0.98. The business has a 50 day moving average of $485.83 and a two-hundred day moving average of $530.15. Roper Technologies, Inc. has a 52 week low of $435.42 and a 52 week high of $595.17. 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 (NASDAQ:ROP) last released its quarterly earnings data 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 business 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%.The business’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the previous 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. As a group, analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Increases Dividend

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

Insider Activity

In other Roper Technologies news, Director Amy Woods Brinkley purchased 1,200 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were bought at an average price of $450.71 per share, with a total value of $540,852.00. Following the completion of the acquisition, the director owned 18,184 shares in the company, valued at approximately $8,195,710.64. This represents a 7.07% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Laurence Neil Hunn acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was acquired at an average cost of $452.23 per share, with a total value of $4,522,300.00. Following the completion of the acquisition, the chief executive officer directly owned 97,311 shares in the company, valued at approximately $44,006,953.53. This represents a 11.45% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.78% of the company’s stock.

About Roper Technologies

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.