Exchange Traded Concepts LLC Increases Stake in Roper Technologies, Inc. $ROP

Exchange Traded Concepts LLC grew its position in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 1,537.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,556 shares of the industrial products company’s stock after acquiring an additional 1,461 shares during the period. Exchange Traded Concepts LLC’s holdings in Roper Technologies were worth $776,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in ROP. Saudi Central Bank purchased a new stake in Roper Technologies in the 1st quarter valued at approximately $25,000. Banque Transatlantique SA purchased a new stake in shares of Roper Technologies in the first quarter valued at approximately $25,000. Asset Dedication LLC grew its holdings in Roper Technologies by 800.0% during the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 40 shares during the period. Vermillion & White Wealth Management Group LLC raised its position in Roper Technologies by 89.3% in 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 in the last quarter. Finally, CoreFirst Bank & Trust acquired a new stake in Roper Technologies in the second quarter valued at $39,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies Stock Up 0.0%

ROP stock opened at $450.84 on Tuesday. 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 50 day simple moving average is $450.90 and its 200-day simple moving average is $504.51. 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 $48.53 billion, a PE ratio of 31.07, a P/E/G ratio of 2.26 and a beta of 0.94.

Roper Technologies (NASDAQ:ROPGet Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.11 by $0.03. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the previous year, the firm posted $4.62 EPS. The company’s quarterly revenue 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 and its FY 2025 guidance at 19.900-19.950 EPS. Equities analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

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

Analyst Ratings Changes

A number of research firms have recently weighed in on ROP. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $541.00 price target (down from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. Piper Sandler began coverage on shares of Roper Technologies in a research report on Thursday, November 20th. They set an “overweight” rating and a $600.00 target price on the stock. Royal Bank Of Canada downgraded shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and reduced their price target for the company from $644.00 to $539.00 in a research report on Monday, October 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. Finally, Mizuho dropped their price objective on Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a research note on Friday, October 17th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $572.14.

Read Our Latest Analysis on ROP

Insiders Place Their Bets

In other news, CEO Laurence Neil Hunn purchased 10,000 shares of the firm’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 purchase, the chief executive officer directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Amy Woods Brinkley purchased 1,200 shares of the stock in a transaction dated Wednesday, November 12th. The shares were purchased at an average price of $450.71 per share, with a total value of $540,852.00. Following the completion of the acquisition, 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. Additional details regarding this purchase are available in the official SEC disclosure. 0.87% of the stock is owned by company insiders.

Roper Technologies Company Profile

(Free Report)

Roper Technologies, Inc (NASDAQ: ROP) is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.

Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.

See Also

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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