Voya Investment Management LLC Has $37.49 Million Position in Roper Technologies, Inc. $ROP

Voya Investment Management LLC decreased its stake in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 74.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 75,169 shares of the industrial products company’s stock after selling 218,775 shares during the period. Voya Investment Management LLC’s holdings in Roper Technologies were worth $37,486,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in ROP. Saudi Central Bank acquired a new stake in shares of Roper Technologies during the 1st quarter worth approximately $25,000. Asset Dedication LLC grew its stake in Roper Technologies by 800.0% in the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 40 shares during the period. Banque Transatlantique SA bought a new stake in shares of Roper Technologies during the first quarter valued at approximately $25,000. Vermillion & White Wealth Management Group LLC raised its position in shares of Roper Technologies by 89.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 25 shares during the period. Finally, CoreFirst Bank & Trust acquired a new position in shares of Roper Technologies during the second quarter worth approximately $39,000. Institutional investors own 93.31% of the company’s stock.

Insider Buying and Selling at Roper Technologies

In related news, CEO Laurence Neil Hunn sold 30,000 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Amy Woods Brinkley purchased 1,200 shares of Roper Technologies 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 transaction, the director owned 18,184 shares of the company’s stock, valued at $8,195,710.64. This trade represents a 7.07% increase in their position. The SEC filing for this purchase provides additional information. 0.78% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Royal Bank Of Canada downgraded shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and reduced their price target for the company from $644.00 to $539.00 in a research report on Monday, October 27th. Robert W. Baird set a $592.00 price objective on shares of Roper Technologies in a report on Friday, October 24th. Oppenheimer reissued an “outperform” rating and set a $570.00 target price on shares of Roper Technologies in a research report on Thursday, October 23rd. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $541.00 price target (down previously from $577.00) on shares of Roper Technologies in a research report on Wednesday, October 15th. Finally, Truist Financial set a $650.00 price target on Roper Technologies in a research note on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Roper Technologies currently has an average rating of “Moderate Buy” and an average price target of $572.14.

Get Our Latest Analysis on ROP

Roper Technologies Stock Down 1.2%

ROP opened at $444.99 on Friday. Roper Technologies, Inc. has a fifty-two week low of $435.42 and a fifty-two week high of $595.17. The firm has a market capitalization of $47.90 billion, a P/E ratio of 30.67, a PEG ratio of 2.23 and a beta of 0.94. The company’s 50-day moving average is $457.60 and its 200 day moving average is $510.04. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53.

Roper Technologies (NASDAQ:ROPGet 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 analysts’ consensus estimates of $5.11 by $0.03. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the prior year, the firm posted $4.62 EPS. The firm’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 and its FY 2025 guidance at 19.900-19.950 EPS. Research analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. This is an increase from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, January 2nd. Roper Technologies’s dividend payout ratio is 22.74%.

Roper Technologies Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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