Assenagon Asset Management S.A. Cuts Stock Holdings in Roper Technologies, Inc. $ROP

Assenagon Asset Management S.A. lowered its position in Roper Technologies, Inc. (NASDAQ:ROP) by 88.2% in the third quarter, Holdings Channel.com reports. The firm owned 3,166 shares of the industrial products company’s stock after selling 23,767 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Roper Technologies were worth $1,579,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ROP. Brighton Jones LLC acquired a new position in Roper Technologies during the fourth quarter worth $203,000. CW Advisors LLC lifted its holdings in Roper Technologies by 7.6% in the first quarter. CW Advisors LLC now owns 1,720 shares of the industrial products company’s stock valued at $1,014,000 after acquiring an additional 121 shares during the period. Kestra Advisory Services LLC boosted its position in shares of Roper Technologies by 2.0% during the 1st quarter. Kestra Advisory Services LLC now owns 5,866 shares of the industrial products company’s stock worth $3,458,000 after purchasing an additional 116 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Roper Technologies by 1.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 12,842 shares of the industrial products company’s stock worth $7,572,000 after purchasing an additional 124 shares during the period. Finally, Synovus Financial Corp increased its holdings in shares of Roper Technologies by 3.8% in the 1st quarter. Synovus Financial Corp now owns 3,691 shares of the industrial products company’s stock valued at $2,176,000 after purchasing an additional 134 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Stock Up 0.0%

ROP opened at $449.34 on Wednesday. The firm has a market cap of $48.37 billion, a P/E ratio of 30.97, a PEG ratio of 2.25 and a beta of 0.94. The business’s fifty day simple moving average is $455.04 and its 200 day simple moving average is $507.91. Roper Technologies, Inc. has a 52 week low of $435.42 and a 52 week high of $595.17. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46.

Roper Technologies (NASDAQ:ROP) last announced its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, beating the consensus estimate 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 firm’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.62 EPS. 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. As a group, 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 disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be paid a dividend of $0.91 per share. The ex-dividend date of this dividend is Friday, January 2nd. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. Roper Technologies’s payout ratio is currently 22.74%.

Insider Buying and Selling

In other news, CEO Laurence Neil Hunn bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The shares were purchased at an average price of $452.23 per share, for a total transaction of $4,522,300.00. Following the completion of the transaction, the chief executive officer owned 97,311 shares in the company, valued at $44,006,953.53. The trade was a 11.45% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Amy Woods Brinkley purchased 1,200 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was acquired at an average price of $450.71 per share, with a total value of $540,852.00. Following the completion of the acquisition, the director directly 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. 0.87% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ROP. Mizuho decreased their price objective on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating on the stock in a report on Friday, October 17th. Raymond James Financial reduced their price target on shares of Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating for the company in a research report on Friday, October 24th. Jefferies Financial Group decreased their price target 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. Finally, Stifel Nicolaus set a $550.00 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 assigned a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $572.14.

Roper Technologies Profile

Roper Technologies, Inc (NASDAQ: ROP) is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.

Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.