First Western Trust Bank lowered its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 3.6% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 8,607 shares of the industrial products company’s stock after selling 320 shares during the period. First Western Trust Bank’s holdings in Roper Technologies were worth $4,879,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. Corbyn Investment Management Inc. MD acquired a new stake in Roper Technologies during the second quarter worth $567,000. BNP Paribas Financial Markets boosted its position in shares of Roper Technologies by 20.0% during the 1st quarter. BNP Paribas Financial Markets now owns 383,373 shares of the industrial products company’s stock valued at $226,029,000 after acquiring an additional 63,988 shares in the last quarter. Harvest Fund Management Co. Ltd increased its stake in Roper Technologies by 7.5% in the first quarter. Harvest Fund Management Co. Ltd now owns 6,783 shares of the industrial products company’s stock valued at $3,998,000 after acquiring an additional 472 shares during the period. E Fund Management Co. Ltd. increased its stake in Roper Technologies by 57.5% in the first quarter. E Fund Management Co. Ltd. now owns 5,593 shares of the industrial products company’s stock valued at $3,298,000 after acquiring an additional 2,042 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Roper Technologies by 11.3% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,199,872 shares of the industrial products company’s stock worth $680,135,000 after purchasing an additional 122,210 shares during the period. Institutional investors own 93.31% of the company’s stock.
Insider Activity
In other Roper Technologies news, CEO Laurence Neil Hunn sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $443.57, for a total value of $13,307,100.00. Following the transaction, the chief executive officer directly owned 87,311 shares of the company’s stock, valued at approximately $38,728,540.27. This trade represents a 25.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Amy Woods Brinkley bought 1,200 shares of the stock in a transaction on Wednesday, November 12th. The shares were acquired at an average cost of $450.71 per share, with a total value of $540,852.00. Following the acquisition, the director directly owned 18,184 shares in the company, valued at approximately $8,195,710.64. This trade represents a 7.07% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.78% of the stock is currently owned by company insiders.
Roper Technologies Stock Performance
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly earnings data 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. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same period last year, the company earned $4.62 EPS. The business’s quarterly revenue 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. FY 2025 guidance at 19.900-19.950 EPS. Sell-side analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.
Roper Technologies Increases Dividend
The firm 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 dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, January 2nd. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s dividend payout ratio is currently 25.09%.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on ROP shares. Stifel Nicolaus set a $550.00 price objective on Roper Technologies in a research note on Friday, October 24th. Royal Bank Of Canada cut Roper Technologies from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from $644.00 to $539.00 in a research report on Monday, October 27th. Jefferies Financial Group cut their price objective on Roper Technologies from $685.00 to $650.00 and set a “buy” rating for the company in a report on Thursday, October 23rd. Mizuho lowered their target price on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating on the stock in a report on Friday, October 17th. Finally, Citigroup started coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They set a “buy” rating and a $626.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $577.83.
Read 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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