Roper Technologies, Inc. $ROP Shares Purchased by Skandinaviska Enskilda Banken AB publ

by · The Cerbat Gem

Skandinaviska Enskilda Banken AB publ raised its position in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 10.8% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 134,396 shares of the industrial products company’s stock after buying an additional 13,100 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned about 0.12% of Roper Technologies worth $76,165,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of ROP. Norges Bank purchased a new stake in shares of Roper Technologies in the second quarter valued at about $1,064,718,000. Nuveen LLC purchased a new position in Roper Technologies during the first quarter worth about $894,764,000. Wellington Management Group LLP lifted its position in Roper Technologies by 92.3% in the first quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company’s stock valued at $826,030,000 after purchasing an additional 672,306 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in Roper Technologies by 9.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company’s stock valued at $3,515,984,000 after purchasing an additional 500,764 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in Roper Technologies by 555.4% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 542,110 shares of the industrial products company’s stock worth $307,290,000 after purchasing an additional 459,396 shares during the period. Hedge funds and other institutional investors own 93.31% of the company’s stock.

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. 0.78% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have recently commented on the company. Oppenheimer reissued an “outperform” rating and issued a $570.00 price target on shares of Roper Technologies in a report on Thursday, October 23rd. Citigroup assumed coverage on Roper Technologies in a report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 target price for the company. Royal Bank Of Canada lowered 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 report on Monday, October 27th. Stifel Nicolaus set a $550.00 price target on shares of Roper Technologies in a report on Friday, October 24th. Finally, Robert W. Baird set a $592.00 price objective on shares of Roper Technologies in a research note on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $579.54.

Read Our Latest Analysis on ROP

Roper Technologies Stock Down 0.1%

ROP stock opened at $446.08 on Friday. 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 $476.59 and its 200-day simple moving average is $524.51. 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 $48.01 billion, a PE ratio of 30.74, a P/E/G ratio of 2.13 and a beta of 0.98.

Roper Technologies (NASDAQ:ROP – Get 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. 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 25.09%.

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.

See Also

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