Roper Technologies, Inc. $ROP Shares Sold by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. lessened its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 2.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 104,925 shares of the industrial products company’s stock after selling 2,558 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Roper Technologies were worth $59,476,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Saudi Central Bank bought a new position in shares of Roper Technologies in the first quarter valued at approximately $25,000. Banque Transatlantique SA acquired a new stake in Roper Technologies in the first quarter worth approximately $25,000. J.Safra Asset Management Corp boosted its stake in Roper Technologies by 222.7% during the 2nd quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 49 shares in the last quarter. Westside Investment Management Inc. increased its position in shares of Roper Technologies by 242.9% during 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 during the period. 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 worth $54,000 after buying an additional 39 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors.

Insider Activity at Roper Technologies

In other Roper Technologies news, Director Amy Woods Brinkley bought 1,200 shares of Roper Technologies stock in a transaction on Wednesday, November 12th. The stock was purchased at an average cost 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 $8,195,710.64. The trade was a 7.07% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Laurence Neil Hunn sold 30,000 shares of Roper Technologies stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $443.57, for a total transaction of $13,307,100.00. Following the completion of the sale, the chief executive officer directly owned 87,311 shares of the company’s stock, valued at approximately $38,728,540.27. The trade was a 25.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.78% of the stock is currently owned by company insiders.

Roper Technologies Stock Down 1.3%

NASDAQ:ROP opened at $443.88 on Tuesday. The firm has a market capitalization of $47.78 billion, a price-to-earnings ratio of 30.59, a PEG ratio of 2.13 and a beta of 0.98. Roper Technologies, Inc. has a 1-year low of $435.42 and a 1-year high of $595.17. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46. The business’s fifty day moving average price is $487.33 and its 200 day moving average price is $531.01.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, topping 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 business had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $2.02 billion. During the same period last year, the company posted $4.62 earnings per share. The firm’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. On average, sell-side analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.91 per share. 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 (DPR) is 25.09%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Citigroup assumed coverage on Roper Technologies in a research note on Wednesday, August 20th. They set a “buy” rating and a $626.00 target price for the company. TD Cowen cut their price target on shares of Roper Technologies from $650.00 to $625.00 and set a “buy” rating for the company in a report on Friday, October 24th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $541.00 price objective (down previously from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. Truist Financial set a $650.00 target price on shares of Roper Technologies in a report on Friday, October 24th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Roper Technologies in a report on Friday, October 31st. One investment 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Roper Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $577.83.

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.