Roper Technologies, Inc. $ROP Shares Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. grew its position in Roper Technologies, Inc. (NASDAQ:ROP) by 1.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 297,738 shares of the industrial products company’s stock after acquiring an additional 3,823 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Roper Technologies were worth $148,479,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Norges Bank purchased a new position in Roper Technologies during the second quarter worth approximately $1,064,718,000. Massachusetts Financial Services Co. MA raised its position in Roper Technologies by 555.4% during the second quarter. Massachusetts Financial Services Co. MA now owns 542,110 shares of the industrial products company’s stock worth $307,290,000 after acquiring an additional 459,396 shares during the period. Swedbank AB lifted its holdings in Roper Technologies by 201.6% during the second quarter. Swedbank AB now owns 675,513 shares of the industrial products company’s stock valued at $382,908,000 after purchasing an additional 451,549 shares in the last quarter. Qube Research & Technologies Ltd grew its position in shares of Roper Technologies by 501.5% in the second quarter. Qube Research & Technologies Ltd now owns 324,152 shares of the industrial products company’s stock valued at $183,742,000 after purchasing an additional 270,259 shares during the period. Finally, SG Americas Securities LLC increased its stake in shares of Roper Technologies by 1,599.5% during the second quarter. SG Americas Securities LLC now owns 274,909 shares of the industrial products company’s stock worth $155,829,000 after purchasing an additional 258,733 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Jefferies Financial Group lowered their price objective on Roper Technologies from $650.00 to $600.00 and set a “buy” rating on the stock in a report on Monday, January 5th. Oppenheimer reaffirmed an “outperform” rating and issued a $570.00 price target on shares of Roper Technologies in a research note on Thursday, October 23rd. Stifel Nicolaus set a $550.00 price objective on Roper Technologies in a research note on Friday, October 24th. Raymond James Financial lowered their price target on shares of Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating on the stock in a research report on Friday, October 24th. Finally, Truist Financial set a $650.00 target price on Roper Technologies in a report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Roper Technologies has an average rating of “Moderate Buy” and a consensus target price of $562.07.

Roper Technologies Stock Performance

NASDAQ:ROP opened at $432.39 on Tuesday. The company’s 50-day moving average is $444.82 and its two-hundred day moving average is $495.71. Roper Technologies, Inc. has a 1-year low of $427.89 and a 1-year high of $595.17. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53. The firm has a market capitalization of $46.54 billion, a price-to-earnings ratio of 29.80, a PEG ratio of 2.03 and a beta of 0.94.

Roper Technologies (NASDAQ:ROP) last released its quarterly 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 analyst estimates of $2.02 billion. During the same quarter in the previous year, the company earned $4.62 EPS. The business’s revenue for the quarter was up 14.3% compared to the same quarter last year. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS and its FY 2025 guidance at 19.900-19.950 EPS. Analysts forecast 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. The ex-dividend date of this dividend is Friday, January 2nd. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. Roper Technologies’s dividend payout ratio is presently 25.09%.

Insiders Place Their Bets

In related news, CEO Laurence Neil Hunn sold 30,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $443.57, for a total value of $13,307,100.00. Following the sale, the chief executive officer owned 87,311 shares in the company, valued at approximately $38,728,540.27. The trade was a 25.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 price of $450.71 per share, with a total value of $540,852.00. Following the completion of the acquisition, the director directly owned 18,184 shares in the company, valued at $8,195,710.64. This trade represents a 7.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.87% of the stock is owned by corporate insiders.

Roper Technologies Profile

Roper Technologies, Inc (NASDAQ: ROP) is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.

Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.