Ethic Inc. Sells 2,721 Shares of Roper Technologies, Inc. $ROP

Ethic Inc. lowered its position in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 20.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 10,694 shares of the industrial products company’s stock after selling 2,721 shares during the period. Ethic Inc.’s holdings in Roper Technologies were worth $5,333,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Banque Transatlantique SA bought a new position in Roper Technologies in the 1st quarter worth about $25,000. Asset Dedication LLC increased its position in shares of Roper Technologies by 800.0% in the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 40 shares during the last quarter. Vermillion & White Wealth Management Group LLC raised its stake in Roper Technologies by 89.3% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 25 shares in the last quarter. CoreFirst Bank & Trust bought a new stake in Roper Technologies during the second quarter valued at approximately $39,000. Finally, J.Safra Asset Management Corp grew its stake 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 worth $40,000 after buying an additional 49 shares in the last quarter. Institutional investors own 93.31% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ROP. Mizuho dropped their price objective 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 restated an “outperform” rating and set a $570.00 price target on shares of Roper Technologies in a research report on Thursday, October 23rd. Piper Sandler assumed coverage on Roper Technologies in a report on Thursday, November 20th. They issued an “overweight” rating and a $600.00 price objective for the company. Barclays decreased their price objective on Roper Technologies from $506.00 to $475.00 and set an “underweight” rating on the stock in a report on Thursday, December 4th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $541.00 target price (down previously from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $572.14.

View Our Latest Research Report on ROP

Insiders Place Their Bets

In other news, CEO Laurence Neil Hunn acquired 10,000 shares of the firm’s stock in a transaction 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 of the company’s stock, 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Amy Woods Brinkley bought 1,200 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were purchased 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 owned 18,184 shares of the company’s stock, valued at $8,195,710.64. This trade represents a 7.07% increase in their position. The SEC filing for this purchase provides additional information. 0.87% of the stock is owned by company insiders.

Roper Technologies Trading Down 0.2%

NASDAQ ROP opened at $450.08 on Wednesday. The firm has a market cap of $48.45 billion, a PE ratio of 31.02, a price-to-earnings-growth ratio of 2.26 and a beta of 0.94. Roper Technologies, Inc. has a 1-year low of $435.42 and a 1-year high of $595.17. The stock has a 50-day moving average of $449.61 and a 200-day moving average of $503.73. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.11 by $0.03. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The business had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same period last year, the company earned $4.62 EPS. Roper Technologies’s revenue for the quarter was up 14.3% compared to the same quarter last year. 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, sell-side analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 2nd will be given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, January 2nd. This is an increase from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s dividend payout ratio is currently 22.74%.

Roper Technologies Profile

(Free Report)

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.

See Also

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

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