Vest Financial LLC Buys 1,504 Shares of Roper Technologies, Inc. $ROP
by Teresa Graham · The Cerbat GemVest Financial LLC increased its position in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 1.5% during the 3rd quarter, Holdings Channel reports. The firm owned 99,288 shares of the industrial products company’s stock after purchasing an additional 1,504 shares during the quarter. Vest Financial LLC’s holdings in Roper Technologies were worth $49,514,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC purchased a new position in Roper Technologies during the fourth quarter valued at approximately $203,000. Empowered Funds LLC grew its position in shares of Roper Technologies by 11.7% during the 1st quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company’s stock valued at $1,832,000 after purchasing an additional 326 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Roper Technologies by 0.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 17,643 shares of the industrial products company’s stock worth $10,110,000 after purchasing an additional 153 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Roper Technologies by 778.2% in the second quarter. Assenagon Asset Management S.A. now owns 26,933 shares of the industrial products company’s stock worth $15,267,000 after buying an additional 23,866 shares in the last quarter. Finally, Sowell Financial Services LLC boosted its stake in Roper Technologies by 8.6% during the second quarter. Sowell Financial Services LLC now owns 901 shares of the industrial products company’s stock valued at $511,000 after buying an additional 71 shares during the period. Hedge funds and other institutional investors own 93.31% of the company’s stock.
Insider Activity
In other Roper Technologies news, CEO Laurence Neil Hunn sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $443.57, for a total value of $13,307,100.00. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Amy Woods Brinkley bought 1,200 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The stock was 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 in the company, valued at approximately $8,195,710.64. This represents a 7.07% increase in their position. The SEC filing for this purchase provides additional information. 0.87% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on ROP. Mizuho restated an “underperform” rating and issued a $419.00 target price (down from $510.00) on shares of Roper Technologies in a research note on Monday, January 5th. Jefferies Financial Group decreased their price objective on shares of Roper Technologies from $650.00 to $600.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Roper Technologies in a research report on Friday, October 31st. Robert W. Baird set a $592.00 price objective on shares of Roper Technologies in a research report on Friday, October 24th. Finally, Barclays reduced their target price on Roper Technologies from $506.00 to $475.00 and set an “underweight” rating on the stock in a research note on Thursday, December 4th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Roper Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $551.07.
Get Our Latest Stock Analysis on Roper Technologies
Roper Technologies Stock Down 3.1%
Shares of NASDAQ:ROP opened at $403.15 on Wednesday. The stock’s 50-day moving average is $441.24 and its 200 day moving average is $489.27. The company has a market cap of $43.39 billion, a PE ratio of 27.90, a P/E/G ratio of 1.94 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, Inc. has a 1 year low of $400.20 and a 1 year high of $595.17.
Roper Technologies (NASDAQ:ROP – Get 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 analysts’ consensus estimates of $5.11 by $0.03. The firm 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%.The business’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period last year, the company 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. Sell-side analysts anticipate 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. Stockholders of record on Friday, January 2nd were paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Friday, January 2nd. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s payout ratio is presently 25.09%.
About Roper Technologies
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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