Cerity Partners LLC Buys 7,028 Shares of Roper Technologies, Inc. $ROP

Cerity Partners LLC lifted its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 8.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 87,501 shares of the industrial products company’s stock after acquiring an additional 7,028 shares during the quarter. Cerity Partners LLC owned about 0.08% of Roper Technologies worth $43,636,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Asset Dedication LLC lifted its holdings in Roper Technologies by 800.0% in the 2nd quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 40 shares during the last quarter. Vermillion & White Wealth Management Group LLC raised its position in shares of 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 valued at $30,000 after purchasing an additional 25 shares during the period. CoreFirst Bank & Trust bought a new position in shares of Roper Technologies in the second quarter valued at approximately $39,000. J.Safra Asset Management Corp boosted its holdings in shares of Roper Technologies by 222.7% during the 2nd quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock worth $40,000 after buying an additional 49 shares during the period. Finally, Westside Investment Management Inc. boosted its holdings in shares of Roper Technologies by 242.9% during the 2nd quarter. Westside Investment Management Inc. now owns 72 shares of the industrial products company’s stock worth $41,000 after buying an additional 51 shares during the period. 93.31% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ROP. Piper Sandler initiated 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 for the company. Barclays decreased their target price on Roper Technologies from $506.00 to $475.00 and set an “underweight” rating for the company in a research note on Thursday, December 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Roper Technologies in a report on Friday, October 31st. Mizuho reiterated an “underperform” rating and set a $419.00 price target (down from $510.00) on shares of Roper Technologies in a report on Monday. Finally, Raymond James Financial lowered their price objective on shares of Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating on the stock in a research note on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Roper Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $562.07.

Insider Transactions at Roper Technologies

In other Roper Technologies news, CEO Laurence Neil Hunn purchased 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The stock was purchased at an average price of $452.23 per share, with a total value of $4,522,300.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Amy Woods Brinkley acquired 1,200 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were bought 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 of the company’s stock, valued at approximately $8,195,710.64. This represents a 7.07% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.78% of the company’s stock.

Roper Technologies Price Performance

Shares of ROP stock opened at $437.60 on Thursday. Roper Technologies, Inc. has a 12 month low of $427.89 and a 12 month high of $595.17. The company has a market capitalization of $47.10 billion, a P/E ratio of 30.16, a P/E/G ratio of 2.04 and a beta of 0.94. The stock has a 50 day moving average of $445.55 and a two-hundred day moving average of $499.01. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46.

Roper Technologies (NASDAQ:ROP) last issued its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, beating analysts’ consensus estimates of $5.11 by $0.03. The business had revenue of $2.02 billion during the quarter, compared to analyst estimates 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 was up 14.3% on a year-over-year basis. During the same period in the prior year, the company 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. As a group, equities analysts expect that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Increases Dividend

The firm also recently announced 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 is an increase 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 (DPR) is presently 25.09%.

About Roper Technologies

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.