Allianz SE Invests $275,000 in Roper Technologies, Inc. $ROP

Allianz SE acquired a new position in Roper Technologies, Inc. (NASDAQ:ROPFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 485 shares of the industrial products company’s stock, valued at approximately $275,000.

Several other hedge funds have also recently made changes to their positions in ROP. Endowment Wealth Management Inc. boosted its holdings in Roper Technologies by 3.4% in the first quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company’s stock valued at $327,000 after acquiring an additional 18 shares in the last quarter. Fiduciary Alliance LLC raised its holdings in Roper Technologies by 0.8% in the 2nd quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company’s stock worth $1,329,000 after purchasing an additional 18 shares in the last quarter. Winch Advisory Services LLC lifted its position in shares of Roper Technologies by 2.2% in the 1st quarter. Winch Advisory Services LLC now owns 944 shares of the industrial products company’s stock worth $557,000 after purchasing an additional 20 shares during the period. Townsend Asset Management Corp NC ADV boosted its stake in shares of 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 purchasing an additional 20 shares in the last quarter. Finally, Sagespring Wealth Partners LLC increased its position in shares of Roper Technologies by 2.9% during the second quarter. Sagespring Wealth Partners LLC now owns 718 shares of the industrial products company’s stock valued at $407,000 after buying an additional 20 shares during the period. 93.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on ROP shares. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $541.00 price objective (down from $577.00) on shares of Roper Technologies in a research report on Wednesday, October 15th. Barclays lowered their target price on Roper Technologies from $550.00 to $506.00 and set an “underweight” rating for the company in a research note on Monday, October 27th. Mizuho reduced their price target 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. Robert W. Baird set a $592.00 price objective on Roper Technologies in a research report on Friday, October 24th. Finally, Stifel Nicolaus set a $550.00 target price on shares of Roper Technologies in a report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $577.83.

View Our Latest Stock Analysis on Roper Technologies

Insider Buying and Selling at Roper Technologies

In related news, CEO Laurence Neil Hunn sold 30,000 shares of the 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 transaction, the chief executive officer directly owned 87,311 shares of the company’s stock, valued at $38,728,540.27. This trade represents a 25.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Amy Woods Brinkley acquired 1,200 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were purchased at an average cost of $450.71 per share, for a total transaction of $540,852.00. Following the acquisition, the director 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. Corporate insiders own 0.78% of the company’s stock.

Roper Technologies Price Performance

Roper Technologies stock opened at $447.75 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46. Roper Technologies, Inc. has a 52-week low of $435.42 and a 52-week high of $595.17. The firm has a market cap of $48.19 billion, a PE ratio of 30.86, a price-to-earnings-growth ratio of 2.13 and a beta of 0.98. The company’s 50 day moving average is $490.30 and its two-hundred day moving average is $532.89.

Roper Technologies (NASDAQ:ROPGet Free Report) last announced its quarterly earnings data 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. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The business had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $2.02 billion. During the same quarter last year, the business posted $4.62 EPS. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. On average, research analysts expect that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders 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 annualized dividend and a dividend yield of 0.8%. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s payout ratio is presently 25.09%.

About Roper Technologies

(Free Report)

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.

See Also

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

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