Roper Technologies, Inc. $ROP Shares Purchased by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. lifted its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 20.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,177 shares of the industrial products company’s stock after purchasing an additional 879 shares during the period. Avantax Advisory Services Inc.’s holdings in Roper Technologies were worth $2,935,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of ROP. Saudi Central Bank acquired a new position in shares of Roper Technologies during the 1st quarter worth approximately $25,000. Banque Transatlantique SA purchased a new stake in Roper Technologies in the 1st quarter worth $25,000. J.Safra Asset Management Corp increased 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 in the last quarter. Westside Investment Management Inc. raised its position in Roper Technologies by 242.9% during the second quarter. Westside Investment Management Inc. now owns 72 shares of the industrial products company’s stock worth $41,000 after acquiring an additional 51 shares during the period. Finally, WPG Advisers LLC purchased a new position in Roper Technologies during the first quarter valued at $55,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Trading Down 0.9%

Shares of ROP stock opened at $440.86 on Friday. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46. Roper Technologies, Inc. has a twelve month low of $435.42 and a twelve month high of $595.17. The company’s 50-day moving average price is $482.93 and its 200-day moving average price is $528.94. The stock has a market cap of $47.45 billion, a price-to-earnings ratio of 30.38, a PEG ratio of 2.13 and a beta of 0.98.

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

Roper Technologies Increases Dividend

The firm 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 $0.91 dividend. 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 annualized dividend and a yield of 0.8%. Roper Technologies’s dividend payout ratio (DPR) is currently 25.09%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Truist Financial set a $650.00 price target on shares of Roper Technologies in a research report on Friday, October 24th. Mizuho lowered 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. Citigroup started coverage on Roper Technologies in a research note on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price objective for the company. Piper Sandler assumed coverage on shares of Roper Technologies in a research note on Thursday. They set an “overweight” rating and a $600.00 target price on the stock. Finally, Barclays decreased their price target on shares of Roper Technologies from $550.00 to $506.00 and set an “underweight” rating on the stock in a research note on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $579.54.

Insiders Place Their Bets

In related news, Director Amy Woods Brinkley bought 1,200 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were bought at an average price of $450.71 per share, with a total value of $540,852.00. Following the completion of the transaction, the director directly owned 18,184 shares of the company’s stock, valued at $8,195,710.64. This represents a 7.07% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Laurence Neil Hunn purchased 10,000 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were bought at an average price of $452.23 per share, with a total value of $4,522,300.00. Following the completion of the transaction, the chief executive officer owned 97,311 shares of the company’s stock, valued at approximately $44,006,953.53. The trade was a 11.45% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.78% of the stock is owned by insiders.

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.