Roper Technologies, Inc. $ROP Shares Sold by Candriam S.C.A.

Candriam S.C.A. lowered its position in Roper Technologies, Inc. (NASDAQ:ROP) by 1.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,496 shares of the industrial products company’s stock after selling 381 shares during the quarter. Candriam S.C.A.’s holdings in Roper Technologies were worth $13,886,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in ROP. Police & Firemen s Retirement System of New Jersey raised its stake in Roper Technologies by 4.6% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 16,284 shares of the industrial products company’s stock valued at $9,230,000 after acquiring an additional 719 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Roper Technologies by 1.1% during the second quarter. Geode Capital Management LLC now owns 2,574,503 shares of the industrial products company’s stock valued at $1,453,557,000 after purchasing an additional 27,386 shares during the period. ABC Arbitrage SA acquired a new stake in Roper Technologies in the second quarter worth about $1,906,000. Corbyn Investment Management Inc. MD bought a new position in Roper Technologies in the 2nd quarter valued at about $567,000. Finally, PNC Financial Services Group Inc. increased its stake in Roper Technologies by 1.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 33,472 shares of the industrial products company’s stock valued at $18,973,000 after buying an additional 622 shares during the period. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Laurence Neil Hunn sold 30,000 shares of the company’s 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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Amy Woods Brinkley acquired 1,200 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were acquired at an average price of $450.71 per share, with a total value of $540,852.00. Following the completion of the transaction, 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. Insiders own 0.78% of the company’s stock.

Roper Technologies Trading Down 1.6%

Shares of ROP opened at $447.75 on Friday. The business’s 50-day moving average price is $490.30 and its 200 day moving average price is $532.89. 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 stock has a market capitalization of $48.19 billion, a P/E ratio of 30.86, a P/E/G 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.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, topping the consensus estimate of $5.11 by $0.03. The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.02 billion. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period last year, the firm posted $4.62 earnings per share. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. Analysts expect 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. Stockholders of record on Friday, January 2nd will be given a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. 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. Roper Technologies’s payout ratio is 25.09%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ROP. Jefferies Financial Group reduced their price target on shares of Roper Technologies from $685.00 to $650.00 and set a “buy” rating for the company in a research note on Thursday, October 23rd. Raymond James Financial decreased their price target on Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating for the company in a research note on Friday, October 24th. Mizuho dropped their price objective on Roper Technologies from $600.00 to $510.00 and set a “neutral” rating on the stock in a research note on Friday, October 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. Finally, Barclays dropped their price target on shares of Roper Technologies from $550.00 to $506.00 and set an “underweight” rating on the stock in a research report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $577.83.

Roper Technologies 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.