QRG Capital Management Inc. Has $1.19 Million Stock Position in Roper Technologies, Inc. $ROP

QRG Capital Management Inc. lessened its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 54.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,381 shares of the industrial products company’s stock after selling 2,849 shares during the quarter. QRG Capital Management Inc.’s holdings in Roper Technologies were worth $1,187,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Corbyn Investment Management Inc. MD acquired a new position in shares of Roper Technologies in the second quarter valued at approximately $567,000. Stephens Inc. AR boosted its stake in Roper Technologies by 36.5% in the 3rd quarter. Stephens Inc. AR now owns 14,117 shares of the industrial products company’s stock worth $7,040,000 after purchasing an additional 3,773 shares during the period. Vanguard Group Inc. raised its stake in shares of Roper Technologies by 1.7% in the 2nd 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. Canoe Financial LP lifted its holdings in shares of Roper Technologies by 2,996.9% in the third quarter. Canoe Financial LP now owns 238,584 shares of the industrial products company’s stock valued at $118,979,000 after purchasing an additional 230,880 shares in the last quarter. Finally, ZWJ Investment Counsel Inc. grew its holdings in shares of Roper Technologies by 4.5% during the third quarter. ZWJ Investment Counsel Inc. now owns 71,985 shares of the industrial products company’s stock worth $35,898,000 after buying an additional 3,103 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ROP has been the topic of several research reports. Truist Financial set a $650.00 target price on Roper Technologies in a research note on Friday, October 24th. Jefferies Financial Group reduced their target price on shares of Roper Technologies from $650.00 to $600.00 and set a “buy” rating for the company in a report on Monday, January 5th. TD Cowen lowered their price target on shares of Roper Technologies from $650.00 to $625.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Robert W. Baird set a $592.00 price objective on shares of Roper Technologies in a research note on Friday, October 24th. Finally, JPMorgan Chase & Co. lowered their target price on Roper Technologies from $540.00 to $457.00 and set an “underweight” rating on the stock in a research report on Friday, January 16th. One investment 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 given a Sell rating to the stock. Based on data from MarketBeat, Roper Technologies presently has an average rating of “Moderate Buy” and an average price target of $551.07.

Insider Activity

In other news, CEO Laurence Neil Hunn sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were 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 in the company, valued at approximately $38,728,540.27. This trade represents a 25.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Amy Woods Brinkley purchased 1,200 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was bought at an average price of $450.71 per share, for a total transaction of $540,852.00. Following the purchase, the director owned 18,184 shares in the company, valued at $8,195,710.64. The trade was a 7.07% increase in their position. The SEC filing for this purchase provides additional information. 0.87% of the stock is owned by corporate insiders.

Roper Technologies Stock Down 3.0%

Shares of ROP stock opened at $403.76 on Wednesday. Roper Technologies, Inc. has a 52-week low of $400.20 and a 52-week high of $595.17. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.53 and a current ratio of 0.58. The stock has a market cap of $43.46 billion, a price-to-earnings ratio of 27.83, a PEG ratio of 1.94 and a beta of 0.94. The firm’s 50-day moving average is $441.24 and its 200-day moving average is $489.27.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) 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 firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same quarter in the prior year, the company earned $4.62 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were issued 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 0.9%. The ex-dividend date was Friday, January 2nd. Roper Technologies’s dividend payout ratio is presently 25.09%.

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.