HBK Sorce Advisory LLC Purchases Shares of 1,226 Roper Technologies, Inc. $ROP

HBK Sorce Advisory LLC acquired a new position in Roper Technologies, Inc. (NASDAQ:ROPFree Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,226 shares of the industrial products company’s stock, valued at approximately $638,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Asset Dedication LLC increased its holdings in Roper Technologies by 800.0% in the 2nd 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 in the last quarter. 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 holdings in shares of 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 valued at $30,000 after buying an additional 25 shares during the period. CoreFirst Bank & Trust acquired a new position in Roper Technologies during the 2nd quarter worth approximately $39,000. Finally, J.Safra Asset Management Corp boosted its holdings in 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 acquiring an additional 49 shares during the period. Institutional investors and hedge funds own 93.31% of the company’s stock.

Analyst Ratings Changes

ROP has been the topic of a number of recent research reports. Truist Financial set a $650.00 target price on shares of Roper Technologies in a research report on Friday, October 24th. Jefferies Financial Group cut their price objective on shares of Roper Technologies from $685.00 to $650.00 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Royal Bank Of Canada downgraded Roper Technologies from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from $644.00 to $539.00 in a research note on Monday, October 27th. Oppenheimer reaffirmed an “outperform” rating and set a $570.00 target price on shares of Roper Technologies in a research report on Thursday, October 23rd. Finally, Barclays reduced their price target on Roper Technologies from $506.00 to $475.00 and set an “underweight” rating for the company in a report on Thursday, December 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Roper Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $572.14.

Get Our Latest Analysis on ROP

Roper Technologies Trading Down 0.2%

Roper Technologies stock opened at $450.08 on Wednesday. Roper Technologies, Inc. has a 1 year low of $435.42 and a 1 year high of $595.17. The firm’s 50-day moving average is $449.61 and its 200-day moving average is $503.73. 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 company has a market cap of $48.45 billion, a P/E ratio of 31.02, a PEG ratio of 2.26 and a beta of 0.94.

Roper Technologies (NASDAQ:ROPGet Free Report) last released its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, topping the consensus estimate of $5.11 by $0.03. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same quarter in the prior year, the business earned $4.62 earnings per share. Roper Technologies’s quarterly revenue was up 14.3% on a year-over-year basis. 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 analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be given a dividend of $0.91 per share. The ex-dividend date is Friday, January 2nd. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. This is an increase from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s payout ratio is presently 22.74%.

Insiders Place Their Bets

In related news, Director Amy Woods Brinkley acquired 1,200 shares of the stock in a transaction that occurred 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 purchase, the director directly owned 18,184 shares in the company, valued at $8,195,710.64. This represents a 7.07% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Laurence Neil Hunn sold 30,000 shares of the firm’s stock in a transaction on 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 owned 87,311 shares in the company, valued at $38,728,540.27. The trade was a 25.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.87% of the stock is owned by corporate insiders.

Roper Technologies Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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