Roper Technologies, Inc. $ROP Shares Sold by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund lessened its stake in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 8.5% in the third quarter, Holdings Channel.com reports. The fund owned 64,048 shares of the industrial products company’s stock after selling 5,950 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Roper Technologies were worth $31,940,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ROP. Townsend Asset Management Corp NC ADV lifted its holdings in shares of Roper Technologies by 0.8% during the second quarter. Townsend Asset Management Corp NC ADV now owns 2,554 shares of the industrial products company’s stock valued at $1,448,000 after purchasing an additional 20 shares during the last quarter. Sagespring Wealth Partners LLC lifted its stake in Roper Technologies by 2.9% during the second quarter. Sagespring Wealth Partners LLC now owns 718 shares of the industrial products company’s stock valued at $407,000 after buying an additional 20 shares in the last quarter. Trust Co. of Vermont boosted its holdings in shares of Roper Technologies by 1.8% in the third quarter. Trust Co. of Vermont now owns 1,106 shares of the industrial products company’s stock worth $552,000 after buying an additional 20 shares during the period. First Horizon Advisors Inc. increased its position in shares of Roper Technologies by 1.3% in the second quarter. First Horizon Advisors Inc. now owns 1,668 shares of the industrial products company’s stock worth $946,000 after acquiring an additional 21 shares in the last quarter. Finally, Clarus Group Inc. raised its holdings in shares of Roper Technologies by 1.9% during the second quarter. Clarus Group Inc. now owns 1,204 shares of the industrial products company’s stock valued at $683,000 after acquiring an additional 22 shares during the period. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ROP. Robert W. Baird set a $592.00 price objective on shares of Roper Technologies in a research note on Friday, October 24th. Oppenheimer reaffirmed an “outperform” rating and issued a $570.00 target price on shares of Roper Technologies in a research report on Thursday, October 23rd. Stifel Nicolaus set a $550.00 price target on Roper Technologies in a report on Friday, October 24th. Mizuho reissued an “underperform” rating and issued a $419.00 price objective (down from $510.00) on shares of Roper Technologies in a research note on Monday, January 5th. Finally, The Goldman Sachs Group decreased their price objective on Roper Technologies from $572.00 to $507.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Roper Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $557.07.

Read Our Latest Stock Report on Roper Technologies

Insider Activity at Roper Technologies

In other Roper Technologies news, Director Amy Woods Brinkley purchased 1,200 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were bought at an average price of $450.71 per share, for a total transaction of $540,852.00. Following the purchase, the director directly owned 18,184 shares in the company, valued at $8,195,710.64. This trade represents a 7.07% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Laurence Neil Hunn purchased 10,000 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were acquired at an average price of $452.23 per share, for a total transaction of $4,522,300.00. Following the acquisition, the chief executive officer directly owned 97,311 shares in the company, valued at $44,006,953.53. This represents a 11.45% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.78% of the company’s stock.

Roper Technologies Price Performance

ROP opened at $414.25 on Friday. The stock has a fifty day moving average price of $443.32 and a 200 day moving average price of $493.69. 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, Inc. has a 1 year low of $412.33 and a 1 year high of $595.17. The stock has a market cap of $44.59 billion, a price-to-earnings ratio of 28.55, a PEG ratio of 1.98 and a beta of 0.94.

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

Roper Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 2nd will be paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, January 2nd. Roper Technologies’s dividend payout ratio is presently 25.09%.

About Roper Technologies

(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.

Featured Stories

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:ROPFree Report).

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

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.