Caldwell Trust Co Makes New $1.73 Million Investment in Roper Technologies, Inc. $ROP

Caldwell Trust Co acquired a new stake in Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,043 shares of the industrial products company’s stock, valued at approximately $1,725,000.

A number of other institutional investors have also recently made changes to their positions in ROP. Norges Bank acquired a new position in shares of Roper Technologies in the second quarter worth $1,064,718,000. Wellington Management Group LLP grew its stake in Roper Technologies by 92.3% during the 1st quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company’s stock worth $826,030,000 after purchasing an additional 672,306 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Roper Technologies by 9.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company’s stock worth $3,515,984,000 after purchasing an additional 500,764 shares during the period. Massachusetts Financial Services Co. MA raised its position in Roper Technologies by 555.4% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 542,110 shares of the industrial products company’s stock valued at $307,290,000 after purchasing an additional 459,396 shares in the last quarter. Finally, Swedbank AB boosted its stake in shares of Roper Technologies by 201.6% in the 2nd quarter. Swedbank AB now owns 675,513 shares of the industrial products company’s stock valued at $382,908,000 after buying an additional 451,549 shares during the period. Institutional investors and hedge funds own 93.31% of the company’s stock.

Insider Activity at Roper Technologies

In other Roper Technologies news, Director Amy Woods Brinkley purchased 1,200 shares of Roper Technologies stock in a transaction that occurred on Wednesday, November 12th. The stock was purchased at an average price of $450.71 per share, for a total transaction of $540,852.00. Following the transaction, the director directly owned 18,184 shares in the company, valued at $8,195,710.64. This trade represents a 7.07% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Laurence Neil Hunn acquired 10,000 shares of the stock in a transaction on Wednesday, November 12th. The shares were acquired at an average cost of $452.23 per share, for a total transaction of $4,522,300.00. Following the completion of the transaction, the chief executive officer directly owned 97,311 shares in the company, valued at $44,006,953.53. The trade was a 11.45% increase in their position. The SEC filing for this purchase provides additional information. 0.87% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. TD Cowen cut their target price on shares of Roper Technologies from $650.00 to $625.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Piper Sandler assumed coverage on shares of Roper Technologies in a research report on Thursday, November 20th. They issued an “overweight” rating and a $600.00 price objective on the stock. Raymond James Financial decreased their price objective on shares of Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating for the company in a research report on Friday, October 24th. Truist Financial set a $650.00 target price on Roper Technologies in a report on Friday, October 24th. Finally, Royal Bank Of Canada downgraded Roper Technologies from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $644.00 to $539.00 in a report on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $577.15.

Roper Technologies Price Performance

Shares of NASDAQ:ROP opened at $445.86 on Monday. Roper Technologies, Inc. has a 12 month low of $435.42 and a 12 month high of $595.17. The firm has a market capitalization of $47.99 billion, a P/E ratio of 30.73, a P/E/G ratio of 2.24 and a beta of 0.94. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53. The company’s fifty day moving average price is $464.19 and its 200 day moving average price is $513.86.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $2.02 billion. During the same quarter in the prior year, the firm posted $4.62 earnings per share. Roper Technologies’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. As a group, sell-side analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share 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. Shareholders of record on Friday, January 2nd will be paid a $0.91 dividend. This is an increase from Roper Technologies’s previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, January 2nd. Roper Technologies’s dividend payout ratio (DPR) is presently 22.74%.

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.