Roper Technologies, Inc. $ROP Shares Purchased by AlphaCore Capital LLC

AlphaCore Capital LLC increased its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 34.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,002 shares of the industrial products company’s stock after buying an additional 258 shares during the quarter. AlphaCore Capital LLC’s holdings in Roper Technologies were worth $568,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Saudi Central Bank acquired a new position in Roper Technologies in the first quarter valued at $25,000. Banque Transatlantique SA purchased a new position in shares of Roper Technologies during the first quarter worth about $25,000. J.Safra Asset Management Corp grew its holdings in shares of Roper Technologies by 222.7% during the second quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock worth $40,000 after buying an additional 49 shares during the last quarter. Westside Investment Management Inc. raised its stake in Roper Technologies by 242.9% during the 2nd quarter. Westside Investment Management Inc. now owns 72 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 51 shares during the last quarter. Finally, Alpine Bank Wealth Management raised its stake in Roper Technologies by 68.4% during the 2nd quarter. Alpine Bank Wealth Management now owns 96 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 39 shares during the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Insider Buying and Selling at Roper Technologies

In related news, CEO Laurence Neil Hunn sold 30,000 shares of Roper Technologies 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. The trade was a 25.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Amy Woods Brinkley purchased 1,200 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was purchased at an average price of $450.71 per share, with a total value of $540,852.00. Following the transaction, the director owned 18,184 shares of the company’s stock, valued at approximately $8,195,710.64. This represents a 7.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on ROP shares. Stifel Nicolaus set a $550.00 target price on Roper Technologies in a report on Friday, October 24th. Robert W. Baird set a $592.00 price objective on shares of Roper Technologies in a research report on Friday, October 24th. Oppenheimer reissued an “outperform” rating and issued a $570.00 price objective on shares of Roper Technologies in a research note on Thursday, October 23rd. Royal Bank Of Canada cut shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and reduced their target price for the stock from $644.00 to $539.00 in a research note on Monday, October 27th. Finally, Barclays lowered their target price on shares of Roper Technologies from $550.00 to $506.00 and set an “underweight” rating on the stock in a report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $579.54.

Roper Technologies Stock Up 0.7%

Shares of NASDAQ ROP opened at $443.75 on Monday. The stock has a market capitalization of $47.76 billion, a price-to-earnings ratio of 30.58, a price-to-earnings-growth 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 firm has a 50-day moving average price of $481.55 and a 200 day moving average price of $527.44. 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 (NASDAQ:ROP) last issued its earnings results 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 company had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same period in the prior year, the business posted $4.62 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors 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%. The ex-dividend date of this dividend is Friday, January 2nd. This is an increase from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s dividend payout ratio (DPR) is 25.09%.

Roper Technologies Company 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.