Fjarde AP Fonden Fourth Swedish National Pension Fund Grows Holdings in Roper Technologies, Inc. $ROP

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 22.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 69,998 shares of the industrial products company’s stock after purchasing an additional 12,800 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund owned approximately 0.07% of Roper Technologies worth $39,678,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Advisory Alpha LLC boosted its holdings in Roper Technologies by 7.0% during the second quarter. Advisory Alpha LLC now owns 538 shares of the industrial products company’s stock worth $305,000 after purchasing an additional 35 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Roper Technologies in the second quarter valued at about $486,000. CCLA Investment Management boosted its stake in Roper Technologies by 3.2% in the second quarter. CCLA Investment Management now owns 299,537 shares of the industrial products company’s stock valued at $169,711,000 after acquiring an additional 9,170 shares during the last quarter. GoalVest Advisory LLC boosted its stake in Roper Technologies by 371.4% in the second quarter. GoalVest Advisory LLC now owns 99 shares of the industrial products company’s stock valued at $56,000 after acquiring an additional 78 shares during the last quarter. Finally, Ballast Advisors LLC boosted its stake in Roper Technologies by 2.7% in the second quarter. Ballast Advisors LLC now owns 1,990 shares of the industrial products company’s stock valued at $1,128,000 after acquiring an additional 53 shares during the last quarter. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Roper Technologies Stock Performance

Shares of ROP stock opened at $463.73 on Tuesday. The firm’s 50 day moving average is $511.23 and its 200 day moving average is $542.55. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $49.90 billion, a P/E ratio of 31.96, a PEG ratio of 2.29 and a beta of 1.00. Roper Technologies, Inc. has a 12 month low of $456.98 and a 12 month high of $595.17.

Roper Technologies (NASDAQ:ROP) last posted its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.11 by $0.03. The business 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%. Roper Technologies’s revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.62 EPS. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. On average, sell-side analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Friday, October 3rd were issued a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, October 3rd. Roper Technologies’s dividend payout ratio is 22.74%.

Wall Street Analyst Weigh In

ROP has been the topic of a number of research analyst reports. TD Cowen dropped their target price 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. Weiss Ratings reiterated a “hold (c+)” rating on shares of Roper Technologies in a research note on Wednesday, October 8th. Robert W. Baird set a $592.00 price target on shares of Roper Technologies in a research note on Friday. Stifel Nicolaus set a $550.00 price target on shares of Roper Technologies in a research note on Friday. Finally, Citigroup began coverage on shares of Roper Technologies in a research note on Wednesday, August 20th. They set a “buy” rating and a $626.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $577.83.

About Roper Technologies

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.