Midwestern Financial LLC IA Takes Position in Roper Technologies, Inc. $ROP

Midwestern Financial LLC IA bought a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the second quarter, HoldingsChannel reports. The institutional investor bought 2,338 shares of the industrial products company’s stock, valued at approximately $1,325,000. Roper Technologies makes up about 1.2% of Midwestern Financial LLC IA’s holdings, making the stock its 25th biggest holding.

Several other large investors have also recently bought and sold shares of ROP. Thrivent Financial for Lutherans lifted its position in Roper Technologies by 7.1% during the second quarter. Thrivent Financial for Lutherans now owns 7,097 shares of the industrial products company’s stock worth $4,020,000 after acquiring an additional 471 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of Roper Technologies in the second quarter valued at about $249,000. Promus Capital LLC increased its position in Roper Technologies by 15.2% during the second quarter. Promus Capital LLC now owns 1,615 shares of the industrial products company’s stock worth $915,000 after acquiring an additional 213 shares during the period. Stance Capital LLC acquired a new stake in Roper Technologies in the 2nd quarter worth about $1,304,000. Finally, Coppell Advisory Solutions LLC boosted its holdings in Roper Technologies by 11.5% in the 2nd quarter. Coppell Advisory Solutions LLC now owns 786 shares of the industrial products company’s stock valued at $443,000 after purchasing an additional 81 shares during the period. 93.31% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ROP. TD Cowen cut their price target on Roper Technologies from $650.00 to $625.00 and set a “buy” rating for the company in a research note on Friday, October 24th. Piper Sandler started coverage on shares of Roper Technologies in a report on Thursday, November 20th. They issued an “overweight” rating and a $600.00 target price on the stock. Robert W. Baird set a $592.00 target price on shares of Roper Technologies in a research report on Friday, October 24th. Stifel Nicolaus set a $550.00 price target on shares of Roper Technologies in a research report on Friday, October 24th. Finally, Barclays cut their target price on Roper Technologies from $506.00 to $475.00 and set an “underweight” rating for the company in a research note on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Roper Technologies has an average rating of “Moderate Buy” and a consensus target price of $577.15.

Insider Buying and Selling

In other Roper Technologies news, Director Amy Woods Brinkley purchased 1,200 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was purchased at an average price of $450.71 per share, with a total value of $540,852.00. Following the completion of the purchase, the director owned 18,184 shares of the company’s stock, valued at approximately $8,195,710.64. The trade was a 7.07% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Laurence Neil Hunn sold 30,000 shares of Roper Technologies stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $443.57, for a total transaction of $13,307,100.00. Following the transaction, the chief executive officer owned 87,311 shares in the company, valued at approximately $38,728,540.27. This trade represents a 25.57% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.78% of the stock is owned by company insiders.

Roper Technologies Price Performance

ROP stock opened at $445.86 on Friday. The stock has a market cap of $47.99 billion, a price-to-earnings ratio of 30.73, a P/E/G ratio of 2.24 and a beta of 0.94. 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 company has a 50 day simple moving average of $464.19 and a 200 day simple moving average of $514.25. Roper Technologies, Inc. has a 1 year low of $435.42 and a 1 year high of $595.17.

Roper Technologies (NASDAQ:ROP) last issued its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, beating analysts’ consensus estimates of $5.11 by $0.03. The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.02 billion. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The company’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter last year, the business posted $4.62 earnings per share. 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. Research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal 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 issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, January 2nd. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s payout ratio is currently 22.74%.

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.