Chesley Taft & Associates LLC Has $1.02 Million Stake in Roper Technologies, Inc. $ROP

Chesley Taft & Associates LLC lowered its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 63.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,050 shares of the industrial products company’s stock after selling 3,535 shares during the period. Chesley Taft & Associates LLC’s holdings in Roper Technologies were worth $1,022,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in ROP. Corbyn Investment Management Inc. MD bought a new stake in shares of Roper Technologies during the 2nd quarter valued at $567,000. Vanguard Group Inc. increased its position in shares of Roper Technologies by 1.7% in the second quarter. Vanguard Group Inc. now owns 10,896,899 shares of the industrial products company’s stock worth $6,176,798,000 after purchasing an additional 179,646 shares during the period. BNP Paribas Financial Markets raised its stake in Roper Technologies by 20.0% in the first quarter. BNP Paribas Financial Markets now owns 383,373 shares of the industrial products company’s stock valued at $226,029,000 after purchasing an additional 63,988 shares in the last quarter. Swiss National Bank lifted its position in Roper Technologies by 7.5% during the second quarter. Swiss National Bank now owns 325,100 shares of the industrial products company’s stock worth $184,280,000 after purchasing an additional 22,700 shares during the period. Finally, Treasurer of the State of North Carolina grew its stake in Roper Technologies by 70.3% during the second quarter. Treasurer of the State of North Carolina now owns 117,162 shares of the industrial products company’s stock worth $66,412,000 after buying an additional 48,381 shares in the last quarter. 93.31% of the stock is owned by institutional investors.

Roper Technologies Stock Performance

Shares of Roper Technologies stock opened at $450.51 on Friday. The company’s 50 day moving average price is $458.88 and its two-hundred day moving average price is $511.29. The firm has a market capitalization of $48.49 billion, a P/E ratio of 31.05, a P/E/G ratio of 2.27 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. Roper Technologies, Inc. has a fifty-two week low of $435.42 and a fifty-two week high of $595.17.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 10.92% and a net margin of 20.34%.Roper Technologies’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter last year, the business posted $4.62 EPS. 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 analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 2nd will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. This is an increase from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, January 2nd. Roper Technologies’s dividend payout ratio (DPR) is presently 22.74%.

Insider Activity at Roper Technologies

In related news, CEO Laurence Neil Hunn sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $443.57, for a total value of $13,307,100.00. Following the completion of the transaction, the chief executive officer owned 87,311 shares in the company, valued at $38,728,540.27. This trade represents a 25.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Amy Woods Brinkley bought 1,200 shares of Roper Technologies stock in a transaction on Wednesday, November 12th. The shares were acquired at an average cost of $450.71 per share, for a total transaction of $540,852.00. Following the completion of the acquisition, the director directly owned 18,184 shares in the company, valued at approximately $8,195,710.64. The trade was a 7.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.78% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Jefferies Financial Group dropped their target price 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. Raymond James Financial lowered 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. The Goldman Sachs Group cut their target price on Roper Technologies from $572.00 to $507.00 and set a “neutral” rating for the company in a research note on Wednesday. Stifel Nicolaus set a $550.00 target price on Roper Technologies in a report on Friday, October 24th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Roper Technologies has an average rating of “Moderate Buy” and an average target price of $572.14.

Roper Technologies 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.