Roper Technologies, Inc. $ROP Shares Purchased by Intrust Bank NA

Intrust Bank NA raised its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 10.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,161 shares of the industrial products company’s stock after acquiring an additional 113 shares during the quarter. Intrust Bank NA’s holdings in Roper Technologies were worth $658,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Citigroup Inc. increased its stake in shares of Roper Technologies by 7.8% during the 2nd quarter. Citigroup Inc. now owns 274,453 shares of the industrial products company’s stock worth $155,571,000 after purchasing an additional 19,748 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in Roper Technologies by 6.3% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 119,051 shares of the industrial products company’s stock valued at $67,483,000 after buying an additional 7,046 shares during the last quarter. Mar Vista Investment Partners LLC increased its position in Roper Technologies by 1.4% during the second quarter. Mar Vista Investment Partners LLC now owns 41,579 shares of the industrial products company’s stock worth $23,569,000 after buying an additional 580 shares in the last quarter. Waratah Capital Advisors Ltd. raised its holdings in shares of Roper Technologies by 72.9% in the second quarter. Waratah Capital Advisors Ltd. now owns 34,019 shares of the industrial products company’s stock worth $19,283,000 after acquiring an additional 14,340 shares during the last quarter. Finally, Citizens Financial Group Inc. RI lifted its position in shares of Roper Technologies by 32.1% in the second quarter. Citizens Financial Group Inc. RI now owns 2,221 shares of the industrial products company’s stock valued at $1,259,000 after acquiring an additional 540 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Down 1.3%

Shares of ROP opened at $443.88 on Tuesday. Roper Technologies, Inc. has a fifty-two week low of $435.42 and a fifty-two week high of $595.17. The company’s fifty day moving average is $487.33 and its two-hundred day moving average is $531.01. The firm has a market cap of $47.78 billion, a PE ratio of 30.59, a price-to-earnings-growth ratio of 2.13 and a beta of 0.98. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46.

Roper Technologies (NASDAQ:ROP) 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. 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 posted $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. FY 2025 guidance at 19.900-19.950 EPS. Analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 2nd will be paid a $0.91 dividend. The ex-dividend date of this dividend 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%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Jefferies Financial Group cut their target price on shares of Roper Technologies from $685.00 to $650.00 and set a “buy” rating for the company in a research note on Thursday, October 23rd. Mizuho lowered their price target 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 reissued an “outperform” rating and set a $570.00 price objective on shares of Roper Technologies in a research note on Thursday, October 23rd. Raymond James Financial lowered 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 note on Friday, October 24th. Finally, Robert W. Baird set a $592.00 price target on Roper Technologies in a research note on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $577.83.

Insider Transactions at Roper Technologies

In other Roper Technologies news, CEO Laurence Neil Hunn acquired 10,000 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was bought at an average cost of $452.23 per share, for a total transaction of $4,522,300.00. Following the completion of the purchase, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at 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 acquired 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 approximately $8,195,710.64. This represents a 7.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.78% of the stock is currently owned by insiders.

Roper Technologies Company Profile

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.