Clear Harbor Asset Management LLC lowered its holdings in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 3.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 196,635 shares of the industrial products company’s stock after selling 6,263 shares during the quarter. Roper Technologies comprises about 5.4% of Clear Harbor Asset Management LLC’s investment portfolio, making the stock its 2nd largest position. Clear Harbor Asset Management LLC owned 0.18% of Roper Technologies worth $98,060,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in ROP. Brighton Jones LLC bought a new stake in Roper Technologies during the 4th quarter worth about $203,000. Caxton Associates LLP acquired a new position in shares of Roper Technologies during the first quarter worth approximately $491,000. Great Lakes Advisors LLC bought a new stake in shares of Roper Technologies during the first quarter valued at approximately $239,000. Empowered Funds LLC increased its holdings in shares of Roper Technologies by 11.7% in the first quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company’s stock valued at $1,832,000 after purchasing an additional 326 shares in the last quarter. Finally, SCS Capital Management LLC bought a new position in Roper Technologies in the 1st quarter worth approximately $1,142,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Roper Technologies
In related news, CEO Laurence Neil Hunn sold 30,000 shares of the company’s stock in a transaction 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 sale, the chief executive officer owned 87,311 shares in the company, valued at $38,728,540.27. This represents a 25.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Amy Woods Brinkley acquired 1,200 shares of the company’s stock in a transaction that occurred 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 purchase, 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 position. Additional details regarding this purchase are available in the official SEC disclosure. 0.78% of the stock is owned by insiders.
Roper Technologies Price Performance
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, beating analysts’ consensus estimates of $5.11 by $0.03. The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.02 billion. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. Roper Technologies’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period last year, the company 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 predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current 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 given a dividend of $0.91 per share. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, January 2nd. Roper Technologies’s payout ratio is 25.09%.
Analysts Set New Price Targets
Several research firms have recently commented on ROP. Jefferies Financial Group lowered their target price on Roper Technologies from $650.00 to $600.00 and set a “buy” rating for the company in a research note on Monday. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $541.00 price target (down previously from $577.00) on shares of Roper Technologies in a report on Wednesday, October 15th. Stifel Nicolaus set a $550.00 price objective on Roper Technologies in a report on Friday, October 24th. Weiss Ratings restated a “hold (c)” rating on shares of Roper Technologies in a research report on Friday, October 31st. Finally, 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 price target for the company. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Roper Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $562.07.
Check Out Our Latest Research Report on Roper Technologies
Roper Technologies Company Profile
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.
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