Prospera Financial Services Inc Increases Stake in Roper Technologies, Inc. $ROP

Prospera Financial Services Inc boosted its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 21.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,607 shares of the industrial products company’s stock after buying an additional 285 shares during the period. Prospera Financial Services Inc’s holdings in Roper Technologies were worth $911,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. BNP Paribas Financial Markets boosted its holdings 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 buying an additional 63,988 shares in the last quarter. Harvest Fund Management Co. Ltd lifted its position in Roper Technologies by 7.5% during the 1st 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. lifted its position in Roper Technologies by 57.5% during the 1st 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. LPL Financial LLC boosted its stake in Roper Technologies by 1.3% during the first quarter. LPL Financial LLC now owns 70,204 shares of the industrial products company’s stock worth $41,391,000 after acquiring an additional 873 shares in the last quarter. Finally, Callan Family Office LLC grew its holdings in Roper Technologies by 187.7% in the second quarter. Callan Family Office LLC now owns 3,006 shares of the industrial products company’s stock worth $1,704,000 after purchasing an additional 1,961 shares during the period. 93.31% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on ROP. Mizuho lowered their target price on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a report on Friday, October 17th. Oppenheimer reaffirmed an “outperform” rating and set a $570.00 price objective on shares of Roper Technologies in a research report on Thursday, October 23rd. Truist Financial set a $650.00 price objective on Roper Technologies in a research note on Friday, October 24th. Jefferies Financial Group cut their target price on Roper Technologies from $685.00 to $650.00 and set a “buy” rating on the stock in a research note on Thursday, October 23rd. Finally, Barclays reduced their price target on Roper Technologies from $550.00 to $506.00 and set an “underweight” rating for the company in a report on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $577.83.

Roper Technologies Stock Up 2.7%

ROP stock opened at $455.20 on Thursday. The stock has a market capitalization of $49.00 billion, a P/E ratio of 31.37, a P/E/G ratio of 2.13 and a beta of 0.98. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53. Roper Technologies, Inc. has a 1-year low of $435.42 and a 1-year high of $595.17. The business has a fifty day moving average price of $491.89 and a 200-day moving average price of $533.48.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data 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. The company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.Roper Technologies’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period last year, the company earned $4.62 EPS. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. Equities analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors 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%. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, January 2nd. Roper Technologies’s payout ratio is currently 25.09%.

Insider Buying and Selling

In related 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 sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Amy Woods Brinkley bought 1,200 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was bought at an average cost of $450.71 per share, with a total value of $540,852.00. Following the transaction, the director owned 18,184 shares in the company, valued at $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 owned by corporate 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.