Atlantic Edge Private Wealth Management LLC Decreases Holdings in Roper Technologies, Inc. $ROP

Atlantic Edge Private Wealth Management LLC reduced its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 28.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,444 shares of the industrial products company’s stock after selling 1,386 shares during the period. Atlantic Edge Private Wealth Management LLC’s holdings in Roper Technologies were worth $1,718,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake 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 valued at $6,176,798,000 after purchasing an additional 179,646 shares during the period. State Street Corp grew its stake in Roper Technologies by 2.1% during the 2nd quarter. State Street Corp now owns 4,940,058 shares of the industrial products company’s stock valued at $2,800,222,000 after purchasing an additional 101,033 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Roper Technologies by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 2,574,503 shares of the industrial products company’s stock valued at $1,453,557,000 after purchasing an additional 27,386 shares in the last quarter. Norges Bank acquired a new stake in shares of Roper Technologies during the second quarter worth approximately $1,064,718,000. Finally, Invesco Ltd. increased its position in shares of Roper Technologies by 1.2% in the 2nd quarter. Invesco Ltd. now owns 1,496,088 shares of the industrial products company’s stock worth $848,043,000 after purchasing an additional 17,503 shares during the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Insider Buying and Selling

In other Roper Technologies news, Director Amy Woods Brinkley bought 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 acquisition, the director directly owned 18,184 shares of the company’s stock, 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 available through this link. Also, CEO Laurence Neil Hunn bought 10,000 shares of Roper Technologies stock in a transaction that occurred on Wednesday, November 12th. The shares were acquired at an average price of $452.23 per share, with a total value of $4,522,300.00. Following the completion of the acquisition, the chief executive officer directly owned 97,311 shares of the company’s stock, valued at $44,006,953.53. This represents a 11.45% increase in their position. The SEC filing for this purchase provides additional information. 0.78% of the stock is owned by insiders.

Wall Street Analyst Weigh In

ROP has been the subject of a number of recent research reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $541.00 price objective (down previously from $577.00) on shares of Roper Technologies in a research report on Wednesday, October 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Roper Technologies in a research report on Friday, October 31st. Truist Financial set a $650.00 target price on Roper Technologies 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 on the stock in a research note on Wednesday, December 17th. Finally, Stifel Nicolaus set a $550.00 price target on Roper Technologies in a research note on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Roper Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $562.07.

Roper Technologies Stock Performance

Shares of NASDAQ ROP opened at $434.81 on Friday. Roper Technologies, Inc. has a 1 year low of $427.89 and a 1 year high of $595.17. The firm has a market cap of $46.80 billion, a P/E ratio of 29.97, a PEG ratio of 2.03 and a beta of 0.94. The stock has a fifty day moving average price of $445.14 and a two-hundred day moving average price of $497.14. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.53 and a current ratio of 0.58.

Roper Technologies (NASDAQ:ROP) last announced 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. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The business had revenue of $2.02 billion during the quarter, compared to analyst estimates of $2.02 billion. During the same quarter in the prior year, the firm posted $4.62 earnings per share. The company’s revenue 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. Research analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 2nd will be paid a $0.91 dividend. The ex-dividend date of this dividend is Friday, January 2nd. 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. Roper Technologies’s dividend payout ratio is presently 25.09%.

Roper Technologies 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.