Parkwood LLC Makes New $9.19 Million Investment in Roper Technologies, Inc. $ROP

by · The Cerbat Gem

Parkwood LLC acquired a new position in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 16,205 shares of the industrial products company’s stock, valued at approximately $9,186,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Saudi Central Bank bought a new stake in Roper Technologies during the first quarter worth about $25,000. Banque Transatlantique SA bought a new stake in shares of Roper Technologies during the 1st quarter worth approximately $25,000. Vermillion & White Wealth Management Group LLC boosted its position in shares of Roper Technologies by 89.3% during the 2nd 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. CoreFirst Bank & Trust acquired a new position in Roper Technologies during the second quarter valued at approximately $39,000. Finally, J.Safra Asset Management Corp lifted its stake in Roper Technologies by 222.7% during the second quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 49 shares during the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Amy Woods Brinkley bought 1,200 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were bought at an average price of $450.71 per share, with a total value of $540,852.00. Following the completion of the transaction, the director directly owned 18,184 shares in the company, valued at approximately $8,195,710.64. This represents a 7.07% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Laurence Neil Hunn sold 30,000 shares of the company’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $443.57, for a total transaction of $13,307,100.00. Following the completion of the sale, the chief executive officer owned 87,311 shares of the company’s stock, valued at approximately $38,728,540.27. The trade was a 25.57% decrease in their position. The SEC filing for this sale provides additional information. 0.78% of the stock is currently owned by company insiders.

Roper Technologies Stock Up 0.8%

Shares of Roper Technologies stock opened at $445.84 on Friday. The firm has a market cap of $47.99 billion, a price-to-earnings ratio of 30.73, a PEG ratio of 2.22 and a beta of 0.94. Roper Technologies, Inc. has a one year low of $435.42 and a one year high of $595.17. 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 stock’s 50-day moving average is $465.27 and its 200 day moving average is $515.51.

Roper Technologies (NASDAQ:ROPGet Free Report) 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. The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.02 billion. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. Equities research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be issued a $0.91 dividend. The ex-dividend date is Friday, January 2nd. This represents a $3.64 dividend on an annualized basis 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 (DPR) is 22.74%.

Analyst Ratings Changes

A number of research firms have recently commented on ROP. Mizuho lowered their price target on Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a report on Friday, October 17th. Raymond James Financial dropped their target price on shares of Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating for the company in a report on Friday, October 24th. Piper Sandler initiated coverage on shares of Roper Technologies in a report on Thursday, November 20th. They set an “overweight” rating and a $600.00 price target on the stock. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $541.00 price objective (down previously from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. Finally, Royal Bank Of Canada cut shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and decreased their target price for the stock from $644.00 to $539.00 in a research note on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $577.15.

View Our Latest Report on ROP

Roper Technologies Company Profile

(Free Report)

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.

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