Roper Technologies, Inc. $ROP Shares Acquired by United Advisor Group LLC

United Advisor Group LLC boosted its position in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 13.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,188 shares of the industrial products company’s stock after purchasing an additional 145 shares during the quarter. United Advisor Group LLC’s holdings in Roper Technologies were worth $673,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of ROP. Saudi Central Bank acquired a new position in shares of Roper Technologies in the first quarter valued at approximately $25,000. Banque Transatlantique SA purchased a new stake in Roper Technologies in the 1st quarter worth approximately $25,000. J.Safra Asset Management Corp raised its holdings in Roper Technologies by 222.7% in the 2nd quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 49 shares during the last quarter. Westside Investment Management Inc. raised its holdings in Roper Technologies by 242.9% in the 2nd quarter. Westside Investment Management Inc. now owns 72 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 51 shares during the last quarter. Finally, Alpine Bank Wealth Management lifted its stake in shares of Roper Technologies by 68.4% during the 2nd quarter. Alpine Bank Wealth Management now owns 96 shares of the industrial products company’s stock worth $54,000 after purchasing an additional 39 shares during the period. 93.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on ROP. Citigroup initiated coverage on Roper Technologies in a research note on Wednesday, August 20th. They issued a “buy” rating and a $626.00 target price for the company. TD Cowen dropped their price objective on shares of Roper Technologies from $650.00 to $625.00 and set a “buy” rating for the company in a research note on Friday, October 24th. Oppenheimer reiterated an “outperform” rating and set a $570.00 price objective on shares of Roper Technologies in a report on Thursday, October 23rd. Truist Financial set a $650.00 target price on shares of Roper Technologies in a report on Friday, October 24th. Finally, Jefferies Financial Group cut their price target on shares of Roper Technologies from $685.00 to $650.00 and set a “buy” rating on the stock in a research note on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $577.83.

Check Out Our Latest Research Report on ROP

Roper Technologies Stock Performance

NASDAQ ROP opened at $444.41 on Wednesday. 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 firm has a market capitalization of $47.83 billion, a P/E ratio of 30.63, a P/E/G ratio of 2.13 and a beta of 0.98. The business’s 50-day simple moving average is $485.83 and its 200-day simple moving average is $530.15.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.11 by $0.03. The firm had revenue of $2.02 billion during 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 company’s revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior 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 predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, January 2nd. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s dividend payout ratio (DPR) is presently 25.09%.

Insiders Place Their Bets

In related news, CEO Laurence Neil Hunn acquired 10,000 shares of Roper Technologies stock in a transaction on Wednesday, November 12th. The shares were bought at an average price of $452.23 per share, for a total transaction of $4,522,300.00. Following the completion of the purchase, the chief executive officer directly owned 97,311 shares in the company, valued at $44,006,953.53. This trade represents a 11.45% increase in their position. The purchase 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 firm’s stock in a transaction dated 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 directly owned 18,184 shares of the company’s stock, valued at approximately $8,195,710.64. This trade represents a 7.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.78% of the stock is currently owned by corporate insiders.

Roper Technologies Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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