Intech Investment Management LLC Has $9.61 Million Holdings in Roper Technologies, Inc. $ROP

Intech Investment Management LLC boosted its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 17.2% in the second quarter, HoldingsChannel reports. The firm owned 16,959 shares of the industrial products company’s stock after acquiring an additional 2,488 shares during the period. Intech Investment Management LLC’s holdings in Roper Technologies were worth $9,613,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ROP. Brighton Jones LLC acquired a new stake in shares of Roper Technologies in the 4th quarter valued at approximately $203,000. Mutual of America Capital Management LLC increased its stake in Roper Technologies by 65.0% in the first quarter. Mutual of America Capital Management LLC now owns 21,198 shares of the industrial products company’s stock valued at $12,498,000 after purchasing an additional 8,354 shares in the last quarter. CWM LLC increased its stake in Roper Technologies by 4.5% in the first quarter. CWM LLC now owns 3,807 shares of the industrial products company’s stock valued at $2,244,000 after purchasing an additional 163 shares in the last quarter. Forum Financial Management LP raised its holdings in Roper Technologies by 12.3% in the first quarter. Forum Financial Management LP now owns 951 shares of the industrial products company’s stock worth $561,000 after purchasing an additional 104 shares during the period. Finally, Creekmur Asset Management LLC boosted its position in shares of Roper Technologies by 4,233.3% during the first quarter. Creekmur Asset Management LLC now owns 390 shares of the industrial products company’s stock worth $230,000 after purchasing an additional 381 shares in the last quarter. Institutional investors own 93.31% of the company’s stock.

Insider Buying and Selling at Roper Technologies

In other Roper Technologies news, Director Amy Woods Brinkley purchased 1,200 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were purchased at an average cost of $450.71 per share, with a total value of $540,852.00. Following the transaction, the director directly owned 18,184 shares of the company’s stock, valued at $8,195,710.64. This represents a 7.07% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Laurence Neil Hunn sold 30,000 shares of the stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $443.57, for a total transaction of $13,307,100.00. Following the transaction, the chief executive officer owned 87,311 shares of the company’s stock, valued at approximately $38,728,540.27. This represents a 25.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on ROP. Jefferies Financial Group lowered their price objective on shares of Roper Technologies from $685.00 to $650.00 and set a “buy” rating for the company in a research report on Thursday, October 23rd. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $541.00 target price (down from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Roper Technologies in a research report on Friday, October 31st. Oppenheimer reiterated an “outperform” rating and set a $570.00 price objective on shares of Roper Technologies in a report on Thursday, October 23rd. Finally, Truist Financial set a $650.00 price objective on Roper Technologies in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Roper Technologies currently has an average rating of “Moderate Buy” and an average price target of $577.83.

Roper Technologies Stock Performance

Shares of Roper Technologies stock opened at $449.50 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53. The firm has a market cap of $48.38 billion, a price-to-earnings ratio of 30.98, a price-to-earnings-growth ratio of 2.13 and a beta of 0.98. The stock’s 50-day moving average is $488.92 and its 200-day moving average is $532.01. Roper Technologies, Inc. has a one year low of $435.42 and a one year high of $595.17.

Roper Technologies (NASDAQ:ROP) last announced 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. The business 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%.Roper Technologies’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter last year, the firm earned $4.62 EPS. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. Equities analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 2nd will be given a $0.91 dividend. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, January 2nd. Roper Technologies’s payout ratio is presently 25.09%.

About Roper Technologies

Roper Technologies, Inc designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations.