Roper Technologies, Inc. $ROP Shares Sold by Vega Investment Solutions

Vega Investment Solutions decreased its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 99.4% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 59 shares of the industrial products company’s stock after selling 9,101 shares during the quarter. Vega Investment Solutions’ holdings in Roper Technologies were worth $33,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Saudi Central Bank purchased a new position in Roper Technologies in the 1st quarter worth approximately $25,000. Banque Transatlantique SA acquired a new position in shares of Roper Technologies during the first quarter worth $25,000. Vermillion & White Wealth Management Group LLC boosted its stake in shares of Roper Technologies by 89.3% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 25 shares during the period. J.Safra Asset Management Corp grew its holdings in 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 purchasing an additional 49 shares in the last quarter. Finally, Westside Investment Management Inc. increased its stake in Roper Technologies by 242.9% during the 2nd quarter. Westside Investment Management Inc. now owns 72 shares of the industrial products company’s stock worth $41,000 after buying an additional 51 shares during the period. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Roper Technologies

In related news, CEO Laurence Neil Hunn sold 30,000 shares of the firm’s stock in a transaction that occurred on 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 approximately $38,728,540.27. This trade represents a 25.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Amy Woods Brinkley acquired 1,200 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were bought at an average price of $450.71 per share, with a total value of $540,852.00. Following the completion of the purchase, the director owned 18,184 shares in the company, valued at $8,195,710.64. The trade was a 7.07% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ROP. Mizuho lowered their target price on Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a research note on Friday, October 17th. Barclays dropped their price objective on Roper Technologies from $506.00 to $475.00 and set an “underweight” rating on the stock in a report on Thursday. Citigroup initiated coverage on Roper Technologies in a research note on Wednesday, August 20th. They set a “buy” rating and a $626.00 target price for the company. TD Cowen dropped their price target on shares of Roper Technologies from $650.00 to $625.00 and set a “buy” rating for the company in a research note on Friday, October 24th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Roper Technologies in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $577.15.

Roper Technologies Stock Performance

ROP stock opened at $446.71 on Tuesday. The stock’s 50 day simple moving average is $468.58 and its 200 day simple moving average is $517.40. Roper Technologies, Inc. has a 12-month low of $435.42 and a 12-month high of $595.17. The firm has a market cap of $48.08 billion, a P/E ratio of 30.79, a P/E/G ratio of 2.25 and a beta of 0.94. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, topping analysts’ consensus estimates of $5.11 by $0.03. The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.62 earnings per share. 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. As a group, equities research analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be paid a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 0.8%. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, January 2nd. Roper Technologies’s dividend payout ratio (DPR) is currently 22.74%.

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.