Banco Bilbao Vizcaya Argentaria S.A. decreased its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 21.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,795 shares of the industrial products company’s stock after selling 1,547 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Roper Technologies were worth $3,279,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Brighton Jones LLC purchased a new stake in shares of Roper Technologies during the fourth quarter valued at $203,000. Mutual of America Capital Management LLC boosted its position in Roper Technologies by 65.0% in the 1st quarter. Mutual of America Capital Management LLC now owns 21,198 shares of the industrial products company’s stock valued at $12,498,000 after buying an additional 8,354 shares during the period. AMG National Trust Bank bought a new position in Roper Technologies in the 1st quarter worth about $212,000. Csenge Advisory Group increased its position in shares of Roper Technologies by 2.5% during the first quarter. Csenge Advisory Group now owns 1,325 shares of the industrial products company’s stock worth $738,000 after acquiring an additional 32 shares during the period. Finally, OneAscent Family Office LLC raised its stake in shares of Roper Technologies by 67.1% during the first quarter. OneAscent Family Office LLC now owns 722 shares of the industrial products company’s stock valued at $426,000 after acquiring an additional 290 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.
Analyst Ratings Changes
ROP has been the topic of several research analyst reports. Royal Bank Of Canada cut Roper Technologies from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $644.00 to $539.00 in a research note on Monday, October 27th. Jefferies Financial Group dropped their price target on Roper Technologies from $685.00 to $650.00 and set a “buy” rating on the stock in a research report on Thursday, October 23rd. Barclays cut their price target on Roper Technologies from $550.00 to $506.00 and set an “underweight” rating on the stock in a research note on Monday, October 27th. TD Cowen dropped their target price on shares of Roper Technologies from $650.00 to $625.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Finally, Mizuho reduced their price target on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a report on Friday, October 17th. One investment 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 issued a Sell rating to the company. According to MarketBeat, Roper Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $577.83.
Roper Technologies Trading Up 0.4%
NASDAQ:ROP opened at $449.50 on Monday. The stock has a market capitalization of $48.38 billion, a price-to-earnings ratio of 30.98, a PEG ratio of 2.13 and a beta of 0.98. Roper Technologies, Inc. has a 52 week low of $435.42 and a 52 week high of $595.17. 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 firm has a 50 day moving average of $488.92 and a 200 day moving average of $531.81.
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.11 by $0.03. The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.02 billion. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The business’s quarterly revenue was up 14.3% on a year-over-year basis. During the same period in the prior year, the firm posted $4.62 earnings per share. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. As a group, sell-side analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.
Roper Technologies Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.91 per share. The ex-dividend date is Friday, January 2nd. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.8%. Roper Technologies’s payout ratio is presently 25.09%.
Insider Activity
In related news, Director Amy Woods Brinkley purchased 1,200 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were acquired at an average price of $450.71 per share, for a total transaction of $540,852.00. Following the purchase, the director owned 18,184 shares of the company’s stock, valued at $8,195,710.64. This trade represents a 7.07% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 stock was sold at an average price of $443.57, for a total transaction of $13,307,100.00. Following the completion of the transaction, the chief executive officer directly owned 87,311 shares of the company’s stock, valued at approximately $38,728,540.27. This represents a 25.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.78% of the company’s stock.
Roper Technologies Profile
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.
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