Mattern Capital Management LLC Raises Stake in Roper Technologies, Inc. $ROP

Mattern Capital Management LLC increased its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 38.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,550 shares of the industrial products company’s stock after buying an additional 3,749 shares during the quarter. Mattern Capital Management LLC’s holdings in Roper Technologies were worth $6,757,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ROP. Banque Transatlantique SA acquired a new stake in shares of Roper Technologies in the first quarter worth $25,000. Asset Dedication LLC boosted its holdings in Roper Technologies by 800.0% in the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 40 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its position in Roper Technologies by 89.3% during 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 during the period. CoreFirst Bank & Trust purchased a new position in shares of Roper Technologies during the 2nd quarter valued at about $39,000. Finally, J.Safra Asset Management Corp raised its stake in shares of 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 buying an additional 49 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Roper Technologies

In related news, CEO Laurence Neil Hunn sold 30,000 shares of Roper Technologies 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 directly owned 87,311 shares in the company, valued at approximately $38,728,540.27. The trade was a 25.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Amy Woods Brinkley bought 1,200 shares of Roper Technologies 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 acquisition, the director directly owned 18,184 shares of the company’s stock, valued at approximately $8,195,710.64. The trade was a 7.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.78% of the company’s stock.

Roper Technologies Trading Down 1.1%

Shares of NASDAQ:ROP opened at $445.13 on Friday. The business’s 50 day moving average price is $447.64 and its 200-day moving average price is $502.92. Roper Technologies, Inc. has a 1 year low of $435.42 and a 1 year high of $595.17. The firm has a market capitalization of $47.91 billion, a price-to-earnings ratio of 30.68, a price-to-earnings-growth ratio of 2.23 and a beta of 0.94. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53.

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

Roper Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors 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 dividend on an annualized basis and a yield of 0.8%. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s dividend payout ratio is 22.74%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ROP. Weiss Ratings reiterated a “hold (c)” rating on shares of Roper Technologies in a research report on Friday, October 31st. Oppenheimer reaffirmed an “outperform” rating and set a $570.00 price objective on shares of Roper Technologies in a research note on Thursday, October 23rd. 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 report on Friday, October 17th. Barclays lowered their price target on shares of Roper Technologies from $506.00 to $475.00 and set an “underweight” rating on the stock in a report on Thursday, December 4th. Finally, Robert W. Baird set a $592.00 price target on shares of Roper Technologies in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $572.14.

Roper Technologies Company 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.