Nordea Investment Management AB Sells 284,527 Shares of Roper Technologies, Inc. $ROP

Nordea Investment Management AB trimmed its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 96.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 10,326 shares of the industrial products company’s stock after selling 284,527 shares during the period. Nordea Investment Management AB’s holdings in Roper Technologies were worth $5,142,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Asset Dedication LLC grew its stake 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 acquiring an additional 40 shares during the last quarter. Vermillion & White Wealth Management Group LLC boosted its stake in Roper Technologies by 89.3% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 25 shares in the last quarter. CoreFirst Bank & Trust purchased a new stake in Roper Technologies during the 2nd quarter valued at about $39,000. J.Safra Asset Management Corp increased its stake in Roper Technologies by 222.7% during 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 in the last quarter. Finally, Westside Investment Management Inc. raised its holdings in Roper Technologies by 242.9% in the second quarter. Westside Investment Management Inc. now owns 72 shares of the industrial products company’s stock worth $41,000 after buying an additional 51 shares during the last quarter. Institutional investors own 93.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on ROP shares. Stifel Nicolaus set a $550.00 price target on shares of Roper Technologies in a research report on Friday, October 24th. Robert W. Baird set a $592.00 target price on Roper Technologies in a research note on Friday, October 24th. Barclays decreased their price target on Roper Technologies from $506.00 to $475.00 and set an “underweight” rating for the company in a research note on Thursday, December 4th. Oppenheimer reaffirmed an “outperform” rating and set a $570.00 price objective on shares of Roper Technologies in a research report on Thursday, October 23rd. Finally, TD Cowen decreased their target price on Roper Technologies from $650.00 to $625.00 and set a “buy” rating for the company in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $551.07.

Get Our Latest Report on Roper Technologies

Insider Buying and Selling at Roper Technologies

In related news, 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 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Laurence Neil Hunn sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $443.57, for a total value of $13,307,100.00. Following the completion of the transaction, the chief executive officer directly owned 87,311 shares in the company, valued at $38,728,540.27. This trade represents a 25.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.78% of the stock is currently owned by insiders.

Roper Technologies Trading Up 0.5%

Shares of NASDAQ:ROP opened at $416.14 on Friday. The stock’s 50-day simple moving average is $442.70 and its two-hundred day simple moving average is $492.09. The stock has a market capitalization of $44.79 billion, a price-to-earnings ratio of 28.68, a PEG ratio of 1.94 and a beta of 0.94. Roper Technologies, Inc. has a 52-week low of $407.03 and a 52-week high of $595.17. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.53 and a current ratio of 0.58.

Roper Technologies (NASDAQ:ROPGet Free Report) last issued its quarterly earnings data 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. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The firm had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same quarter in the prior year, the business earned $4.62 EPS. The business’s quarterly revenue was up 14.3% on a year-over-year basis. 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 expect that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 2nd were issued a $0.91 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. This is an increase from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s payout ratio is 25.09%.

Roper Technologies Company 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.

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

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