Clear Harbor Asset Management LLC decreased its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 3.1% in the 3rd quarter, Holdings Channel reports. The fund owned 196,635 shares of the industrial products company’s stock after selling 6,263 shares during the quarter. Roper Technologies accounts for approximately 5.4% of Clear Harbor Asset Management LLC’s investment portfolio, making the stock its 2nd biggest position. Clear Harbor Asset Management LLC’s holdings in Roper Technologies were worth $98,060,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the stock. Norges Bank bought a new position in Roper Technologies during the 2nd quarter worth about $1,064,718,000. Massachusetts Financial Services Co. MA grew its holdings in shares of Roper Technologies by 555.4% during the second quarter. Massachusetts Financial Services Co. MA now owns 542,110 shares of the industrial products company’s stock worth $307,290,000 after buying an additional 459,396 shares in the last quarter. Swedbank AB raised its position in Roper Technologies by 201.6% in the 2nd quarter. Swedbank AB now owns 675,513 shares of the industrial products company’s stock valued at $382,908,000 after buying an additional 451,549 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in Roper Technologies by 501.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 324,152 shares of the industrial products company’s stock valued at $183,742,000 after acquiring an additional 270,259 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in Roper Technologies by 1,599.5% during the 2nd quarter. SG Americas Securities LLC now owns 274,909 shares of the industrial products company’s stock worth $155,829,000 after acquiring an additional 258,733 shares during the last quarter. 93.31% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on ROP shares. Truist Financial set a $650.00 price objective on shares of Roper Technologies in a report on Friday, October 24th. Raymond James Financial decreased their target price 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. Oppenheimer reissued an “outperform” rating and set a $570.00 price target on shares of Roper Technologies in a research report on Thursday, October 23rd. Royal Bank Of Canada downgraded shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $644.00 to $539.00 in a research note on Monday, October 27th. 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 report on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $562.07.
Roper Technologies Stock Performance
Shares of ROP stock opened at $434.47 on Friday. The stock has a market cap of $46.77 billion, a P/E ratio of 29.94, a P/E/G ratio of 2.04 and a beta of 0.94. The company has a fifty day moving average price of $445.37 and a two-hundred day moving average price of $498.56. Roper Technologies, Inc. has a one year low of $427.89 and a one year high of $595.17. 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 (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. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The company had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same period in the prior year, the firm earned $4.62 EPS. Roper Technologies’s quarterly revenue 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, 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. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.91 per share. The ex-dividend date is Friday, January 2nd. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. This is an increase from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s dividend payout ratio is presently 25.09%.
Insider Activity at Roper Technologies
In other Roper Technologies news, CEO Laurence Neil Hunn sold 30,000 shares of Roper Technologies stock in a transaction on Tuesday, November 11th. The shares were 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 directly owned 87,311 shares of the company’s stock, valued at $38,728,540.27. The trade was a 25.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Amy Woods Brinkley acquired 1,200 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was bought at an average cost of $450.71 per share, for a total transaction of $540,852.00. Following the completion of 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. The disclosure for this purchase is available in the SEC filing. Insiders own 0.78% of the company’s stock.
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.
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