Roper Technologies, Inc. $ROP Shares Acquired by Savant Capital LLC

Savant Capital LLC grew its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 41.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,124 shares of the industrial products company’s stock after buying an additional 327 shares during the period. Savant Capital LLC’s holdings in Roper Technologies were worth $637,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Sound Financial Strategies Group LLC lifted its position in Roper Technologies by 2.6% during the 2nd quarter. Sound Financial Strategies Group LLC now owns 1,325 shares of the industrial products company’s stock worth $751,000 after acquiring an additional 33 shares during the period. OneAscent Wealth Management LLC lifted its holdings in shares of Roper Technologies by 4.4% during the second quarter. OneAscent Wealth Management LLC now owns 660 shares of the industrial products company’s stock worth $374,000 after purchasing an additional 28 shares during the period. Achmea Investment Management B.V. boosted its position in Roper Technologies by 6.0% in the second quarter. Achmea Investment Management B.V. now owns 8,077 shares of the industrial products company’s stock valued at $4,578,000 after buying an additional 458 shares during the last quarter. Suncoast Equity Management increased its holdings in Roper Technologies by 3.7% in the 2nd quarter. Suncoast Equity Management now owns 1,868 shares of the industrial products company’s stock worth $1,059,000 after buying an additional 66 shares during the period. Finally, SouthState Corp raised its position in Roper Technologies by 4.0% during the 2nd quarter. SouthState Corp now owns 38,198 shares of the industrial products company’s stock worth $21,652,000 after buying an additional 1,483 shares during the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Raymond James Financial decreased their target price on shares of Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating for the company in a research report on Friday, October 24th. Royal Bank Of Canada downgraded Roper Technologies from an “outperform” rating to a “sector perform” rating and decreased their price target for the company from $644.00 to $539.00 in a report on Monday, October 27th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $541.00 price objective (down previously from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. Barclays decreased their target price 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, Stifel Nicolaus set a $550.00 price target on shares of Roper Technologies in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $577.83.

Roper Technologies Stock Up 0.4%

NASDAQ ROP opened at $449.50 on Friday. The business’s fifty day simple moving average is $488.92 and its 200-day simple moving average is $532.18. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46. The firm has a market cap of $48.38 billion, a PE ratio of 30.98, a P/E/G ratio of 2.13 and a beta of 0.98. Roper Technologies, Inc. has a 52 week low of $435.42 and a 52 week high of $595.17.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share 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 analysts’ expectations of $2.02 billion. During the same quarter in the previous year, the company posted $4.62 EPS. The company’s 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. As a group, equities analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current 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 $0.91 dividend. This is an increase 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%. The ex-dividend date is Friday, January 2nd. Roper Technologies’s dividend payout ratio (DPR) is presently 25.09%.

Insider Transactions at Roper Technologies

In related news, CEO Laurence Neil Hunn purchased 10,000 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was acquired 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 directly owned 97,311 shares in the company, valued at approximately $44,006,953.53. The trade was a 11.45% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Amy Woods Brinkley acquired 1,200 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The stock was bought at an average price of $450.71 per share, for a total transaction 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. The trade was a 7.07% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 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.