FORA Capital LLC boosted its holdings in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 19.3% in the 2nd quarter, Holdings Channel reports. The firm owned 7,697 shares of the industrial products company’s stock after purchasing an additional 1,243 shares during the period. FORA Capital LLC’s holdings in Roper Technologies were worth $4,363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Saudi Central Bank acquired a new position in Roper Technologies in the first quarter valued at $25,000. Banque Transatlantique SA acquired a new position in Roper Technologies in the 1st quarter valued at about $25,000. Vermillion & White Wealth Management Group LLC raised its stake in Roper Technologies by 89.3% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 25 shares during the last quarter. CoreFirst Bank & Trust acquired a new stake in Roper Technologies during the 2nd quarter worth approximately $39,000. Finally, J.Safra Asset Management Corp grew its stake in shares of 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 purchasing an additional 49 shares during the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other news, 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 completion of the transaction, the chief executive officer owned 87,311 shares of the company’s stock, valued at $38,728,540.27. The trade was a 25.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Amy Woods Brinkley acquired 1,200 shares of the stock in a transaction that occurred on Wednesday, November 12th. The stock was acquired 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 owned 18,184 shares in the company, valued at $8,195,710.64. The trade was a 7.07% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.78% of the company’s stock.
Roper Technologies Stock Up 0.0%
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.11 by $0.03. The company had revenue of $2.02 billion during the quarter, compared to analysts’ expectations 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 company 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. Equities 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 annualized dividend 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 of this dividend is Friday, January 2nd. Roper Technologies’s dividend payout ratio is currently 22.74%.
Analyst Ratings Changes
ROP has been the subject of several recent research reports. Oppenheimer reaffirmed an “outperform” rating and set a $570.00 price target on shares of Roper Technologies in a report on Thursday, October 23rd. Barclays reduced their target price on shares of Roper Technologies from $506.00 to $475.00 and set an “underweight” rating for the company in a research note on Thursday, December 4th. Royal Bank Of Canada downgraded shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from $644.00 to $539.00 in a report on Monday, October 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Roper Technologies in a report on Friday, October 31st. Finally, Robert W. Baird set a $592.00 price objective on Roper Technologies in a report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $577.15.
Read Our Latest Research Report on ROP
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.
Featured Articles
- Five stocks we like better than Roper Technologies
- Roth IRA Calculator: Calculate Your Potential Returns
- Disney’s $1 Billion Deal Brings Its Magic to OpenAI
- What is Short Interest? How to Use It
- Why Amazon Could Be a $300 Stock Within Weeks
- What is a Secondary Public Offering? What Investors Need to Know
- Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside
Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NASDAQ:ROP – Free Report).
Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
