Amundi Has $186.41 Million Position in Roper Technologies, Inc. $ROP

Amundi boosted its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 21.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 323,985 shares of the industrial products company’s stock after purchasing an additional 58,102 shares during the quarter. Amundi owned about 0.30% of Roper Technologies worth $186,406,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC acquired a new position in Roper Technologies during the 4th quarter worth $203,000. Commonwealth Equity Services LLC increased its stake in shares of Roper Technologies by 6.4% in the first quarter. Commonwealth Equity Services LLC now owns 24,796 shares of the industrial products company’s stock worth $14,619,000 after purchasing an additional 1,490 shares during the period. Exencial Wealth Advisors LLC acquired a new position in shares of Roper Technologies during the 1st quarter worth about $200,000. ASR Vermogensbeheer N.V. bought a new stake in Roper Technologies during the 1st quarter valued at approximately $1,231,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in Roper Technologies by 4.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 705,472 shares of the industrial products company’s stock valued at $415,932,000 after buying an additional 32,279 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies Trading Up 0.6%

Shares of ROP stock opened at $447.56 on Friday. The firm has a fifty day moving average of $469.67 and a 200-day moving average of $518.64. The stock has a market cap of $48.18 billion, a price-to-earnings ratio of 30.84, a P/E/G ratio of 2.25 and a beta of 0.94. Roper Technologies, Inc. has a 52-week low of $435.42 and a 52-week high of $595.17. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.53 and a current ratio of 0.58.

Roper Technologies (NASDAQ:ROP) last posted its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, beating analysts’ consensus estimates of $5.11 by $0.03. The business had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $2.02 billion. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The firm’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.62 earnings per share. 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 research analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The business also recently announced 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. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, January 2nd. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. Roper Technologies’s dividend payout ratio is 22.74%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ROP. Piper Sandler began coverage on Roper Technologies in a report on Thursday, November 20th. They set an “overweight” rating and a $600.00 price target for the company. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $541.00 price target (down from $577.00) on shares of Roper Technologies in a report on Wednesday, October 15th. Stifel Nicolaus set a $550.00 price target 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 for the company in a research report on Thursday, October 23rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Roper Technologies in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $577.15.

Insider Buying and Selling at Roper Technologies

In related news, Director Amy Woods Brinkley purchased 1,200 shares of the 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 completion of the transaction, the director directly 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. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Laurence Neil Hunn acquired 10,000 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were bought at an average cost of $452.23 per share, with a total value of $4,522,300.00. Following the completion of the acquisition, the chief executive officer owned 97,311 shares of the company’s stock, valued at approximately $44,006,953.53. This trade represents a 11.45% increase in their position. The SEC filing for this purchase provides additional information. 0.78% of the stock is owned by insiders.

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.