Roper Technologies, Inc. $ROP Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System reduced its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 16.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 406,715 shares of the industrial products company’s stock after selling 80,609 shares during the period. California Public Employees Retirement System owned about 0.38% of Roper Technologies worth $230,542,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Saudi Central Bank purchased a new stake in Roper Technologies during the 1st quarter worth $25,000. Banque Transatlantique SA acquired a new stake in shares of Roper Technologies during the first quarter valued at about $25,000. Vermillion & White Wealth Management Group LLC increased its position in shares of Roper Technologies by 89.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 25 shares during the last quarter. J.Safra Asset Management Corp lifted its stake in shares of Roper Technologies by 222.7% in the second 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. Finally, Westside Investment Management Inc. boosted its holdings in Roper Technologies by 242.9% in the second quarter. Westside Investment Management Inc. now owns 72 shares of the industrial products company’s stock valued at $41,000 after purchasing an additional 51 shares during the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Jefferies Financial Group cut their target price 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. Weiss Ratings restated a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. Citigroup assumed coverage on shares of Roper Technologies in a research note on Wednesday, August 20th. They set a “buy” rating and a $626.00 price objective on the stock. Oppenheimer reissued an “outperform” rating and issued a $570.00 target price on shares of Roper Technologies in a research report on Thursday, October 23rd. Finally, Piper Sandler initiated coverage on shares of Roper Technologies in a research note on Thursday, November 20th. They issued an “overweight” rating and a $600.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Roper Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $577.15.

Insider Activity at Roper Technologies

In related news, CEO Laurence Neil Hunn acquired 10,000 shares of Roper Technologies stock in a transaction that occurred on Wednesday, November 12th. The stock was acquired at an average price of $452.23 per share, for a total transaction of $4,522,300.00. Following the transaction, the chief executive officer directly owned 97,311 shares of the company’s stock, valued at $44,006,953.53. This trade represents a 11.45% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Amy Woods Brinkley bought 1,200 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was bought 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 $8,195,710.64. This trade represents a 7.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.87% of the company’s stock.

Roper Technologies Stock Performance

Roper Technologies stock opened at $447.56 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53. Roper Technologies, Inc. has a 12 month low of $435.42 and a 12 month high of $595.17. The company has a fifty day moving average price of $469.67 and a two-hundred day moving average price of $518.26. The company has a market cap of $48.18 billion, a PE ratio of 30.84, a P/E/G ratio of 2.25 and a beta of 0.94.

Roper Technologies (NASDAQ:ROP) last posted 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. 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 the consensus estimate of $2.02 billion. During the same period last year, the firm posted $4.62 EPS. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. 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. Research analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Increases Dividend

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

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.