Qube Research & Technologies Ltd Has $183.74 Million Stock Holdings in Roper Technologies, Inc. $ROP

Qube Research & Technologies Ltd boosted its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 501.5% during the second quarter, HoldingsChannel reports. The fund owned 324,152 shares of the industrial products company’s stock after purchasing an additional 270,259 shares during the quarter. Qube Research & Technologies Ltd’s holdings in Roper Technologies were worth $183,742,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of ROP. Saudi Central Bank bought a new stake in shares of Roper Technologies in the first quarter worth $25,000. Banque Transatlantique SA acquired a new stake in shares of Roper Technologies in the first quarter valued at about $25,000. Vermillion & White Wealth Management Group LLC raised its position in shares of Roper Technologies by 89.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 25 shares during the last quarter. CoreFirst Bank & Trust bought a new stake in Roper Technologies in the second quarter valued at approximately $39,000. Finally, J.Safra Asset Management Corp lifted its position in shares of Roper Technologies by 222.7% in the 2nd quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 49 shares during the period. Institutional investors own 93.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. TD Cowen lowered their price objective on Roper Technologies from $650.00 to $625.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Jefferies Financial Group reduced their price objective on shares of Roper Technologies from $685.00 to $650.00 and set a “buy” rating for the company in a research report on Thursday, October 23rd. Citigroup began coverage on shares of Roper Technologies in a research report on Wednesday, August 20th. They set a “buy” rating and a $626.00 target price on the stock. Royal Bank Of Canada lowered shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from $644.00 to $539.00 in a research note on Monday, October 27th. Finally, Mizuho decreased their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $577.15.

Insider Buying and Selling

In other Roper Technologies news, CEO Laurence Neil Hunn sold 30,000 shares of Roper Technologies stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $443.57, for a total transaction of $13,307,100.00. Following the transaction, the chief executive officer directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Amy Woods Brinkley acquired 1,200 shares of the stock in a transaction dated Wednesday, November 12th. The stock was acquired at an average price of $450.71 per share, with a total value of $540,852.00. Following the completion of the acquisition, the director owned 18,184 shares in the company, valued at approximately $8,195,710.64. The trade was a 7.07% increase in their position. The SEC filing for this purchase provides additional information. 0.87% of the stock is owned by company insiders.

Roper Technologies Trading Down 1.4%

Shares of ROP opened at $440.64 on Wednesday. The firm has a market cap of $47.43 billion, a P/E ratio of 30.37, a price-to-earnings-growth ratio of 2.24 and a beta of 0.94. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.53 and a current ratio of 0.58. The business has a 50-day moving average of $467.42 and a 200 day moving average of $516.51. Roper Technologies, Inc. has a fifty-two week low of $435.42 and a fifty-two week high of $595.17.

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

Roper Technologies Increases Dividend

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