Roper Technologies, Inc. $ROP is Mirova US LLC’s 8th Largest Position

Mirova US LLC trimmed its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 3.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 705,495 shares of the industrial products company’s stock after selling 28,049 shares during the quarter. Roper Technologies makes up 3.6% of Mirova US LLC’s portfolio, making the stock its 8th biggest holding. Mirova US LLC owned 0.66% of Roper Technologies worth $351,823,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in ROP. Fiduciary Alliance LLC boosted its position in shares of Roper Technologies by 0.8% in the 2nd quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company’s stock worth $1,329,000 after buying an additional 18 shares in the last quarter. Townsend Asset Management Corp NC ADV raised its position in 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 worth $1,448,000 after acquiring an additional 20 shares during the last quarter. Sagespring Wealth Partners LLC lifted its holdings in shares of Roper Technologies by 2.9% in the second quarter. Sagespring Wealth Partners LLC now owns 718 shares of the industrial products company’s stock valued at $407,000 after purchasing an additional 20 shares in the last quarter. Trust Co. of Vermont grew its position 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 valued at $552,000 after purchasing an additional 20 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its stake in shares of Roper Technologies by 1.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,668 shares of the industrial products company’s stock worth $946,000 after purchasing an additional 21 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Insiders Place Their Bets

In other news, Director Amy Woods Brinkley bought 1,200 shares of Roper Technologies stock in a transaction that occurred on Wednesday, November 12th. The shares were purchased at an average price of $450.71 per share, for a total transaction of $540,852.00. Following the completion of the acquisition, the director owned 18,184 shares of the company’s stock, valued at $8,195,710.64. The trade was a 7.07% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Laurence Neil Hunn sold 30,000 shares of the company’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 sale, the chief executive officer owned 87,311 shares of the company’s stock, valued at $38,728,540.27. This represents a 25.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.87% of the stock is owned by company insiders.

Roper Technologies Price Performance

Shares of NASDAQ:ROP opened at $450.84 on Tuesday. The company has a market cap of $48.53 billion, a P/E ratio of 31.07, a P/E/G ratio of 2.26 and a beta of 0.94. The business has a fifty day simple moving average of $450.90 and a 200-day simple moving average of $504.51. Roper Technologies, Inc. has a 52 week low of $435.42 and a 52 week high of $595.17. 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 quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.11 by $0.03. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The firm 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 earned $4.62 EPS. The firm’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. Equities research analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 2nd will be paid a dividend of $0.91 per share. This is an increase from Roper Technologies’s previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, January 2nd. Roper Technologies’s payout ratio is 22.74%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on ROP shares. Raymond James Financial reduced their target price on Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating on the stock in a research note on Friday, October 24th. Jefferies Financial Group reduced their price objective on Roper Technologies from $685.00 to $650.00 and set a “buy” rating on the stock in a research report on Thursday, October 23rd. Barclays dropped their price objective on Roper Technologies from $506.00 to $475.00 and set an “underweight” rating for the company in a research report on Thursday, December 4th. Mizuho cut their target price on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a research note on Friday, October 17th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $572.14.

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.