ZWJ Investment Counsel Inc. Increases Stake in Roper Technologies, Inc. $ROP

ZWJ Investment Counsel Inc. increased its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 4.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 71,985 shares of the industrial products company’s stock after purchasing an additional 3,103 shares during the period. ZWJ Investment Counsel Inc. owned approximately 0.07% of Roper Technologies worth $35,898,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fiduciary Alliance LLC boosted its position in shares of Roper Technologies by 0.8% during the second quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company’s stock valued at $1,329,000 after buying an additional 18 shares during the period. Townsend Asset Management Corp NC ADV boosted its holdings in Roper Technologies by 0.8% during the 2nd quarter. Townsend Asset Management Corp NC ADV now owns 2,554 shares of the industrial products company’s stock valued at $1,448,000 after acquiring an additional 20 shares during the period. Sagespring Wealth Partners LLC grew its position in Roper Technologies by 2.9% in the 2nd quarter. Sagespring Wealth Partners LLC now owns 718 shares of the industrial products company’s stock valued at $407,000 after acquiring an additional 20 shares during the last quarter. Trust Co. of Vermont increased its stake in 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 worth $552,000 after purchasing an additional 20 shares during the period. Finally, First Horizon Advisors Inc. lifted its position in shares of Roper Technologies by 1.3% during the second 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 during the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

Roper Technologies Stock Performance

Shares of NASDAQ:ROP opened at $450.84 on Thursday. The firm has a 50 day moving average of $454.06 and a 200 day moving average of $507.51. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $48.53 billion, a price-to-earnings ratio of 31.07, a price-to-earnings-growth ratio of 2.25 and a beta of 0.94. Roper Technologies, Inc. has a 52 week low of $435.42 and a 52 week high of $595.17.

Roper Technologies (NASDAQ:ROP) last announced its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 10.92% and a net margin of 20.34%.The business’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter last 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, sell-side analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The business 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 represents a $3.64 annualized dividend and a yield of 0.8%. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, January 2nd. Roper Technologies’s payout ratio is presently 22.74%.

Insider Transactions at Roper Technologies

In related news, CEO Laurence Neil Hunn sold 30,000 shares of the 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 completion of 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Amy Woods Brinkley purchased 1,200 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was purchased at an average cost of $450.71 per share, for a total transaction of $540,852.00. Following the completion of 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 position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.78% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Robert W. Baird set a $592.00 price target on shares of Roper Technologies in a report on Friday, October 24th. Jefferies Financial Group dropped their target price on shares of Roper Technologies from $685.00 to $650.00 and set a “buy” rating on the stock in a research note on Thursday, October 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. Mizuho dropped their price objective on Roper Technologies from $600.00 to $510.00 and set a “neutral” rating on the stock in a research note on Friday, October 17th. Finally, The Goldman Sachs Group decreased their target price on Roper Technologies from $572.00 to $507.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Roper Technologies 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.