MQS Management LLC Takes Position in Roper Technologies, Inc. $ROP

MQS Management LLC acquired a new stake in Roper Technologies, Inc. (NASDAQ:ROP) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 803 shares of the industrial products company’s stock, valued at approximately $455,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Roper Technologies by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 10,717,253 shares of the industrial products company’s stock valued at $6,318,678,000 after acquiring an additional 142,150 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of Roper Technologies by 9.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company’s stock worth $3,515,984,000 after buying an additional 500,764 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Roper Technologies by 0.4% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,171,740 shares of the industrial products company’s stock worth $3,049,155,000 after buying an additional 20,238 shares during the period. Nuveen LLC bought a new stake in shares of Roper Technologies during the 1st quarter worth about $894,764,000. Finally, Wellington Management Group LLP boosted its holdings in shares of Roper Technologies by 92.3% during the 1st quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company’s stock worth $826,030,000 after buying an additional 672,306 shares during the period. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Trading Down 0.2%

Shares of NASDAQ ROP opened at $478.80 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.43 and a current ratio of 0.58. Roper Technologies, Inc. has a 52-week low of $456.98 and a 52-week high of $595.17. The firm has a 50 day moving average price of $512.60 and a two-hundred day moving average price of $543.26. The stock has a market cap of $51.52 billion, a P/E ratio of 33.00, a price-to-earnings-growth ratio of 2.29 and a beta of 1.00.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings results 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 net margin of 20.34% and a return on equity of 10.92%. The firm had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $2.02 billion. During the same period in the prior year, the company posted $4.62 EPS. The company’s revenue was up 14.3% on a year-over-year basis. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. As a group, equities analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Friday, October 3rd were given a $0.825 dividend. This represents a $3.30 annualized dividend and a yield of 0.7%. The ex-dividend date was Friday, October 3rd. Roper Technologies’s dividend payout ratio is 23.19%.

Analyst Ratings Changes

Several analysts recently commented on ROP shares. Mizuho reduced their target price on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a report on Friday, October 17th. Royal Bank Of Canada reduced their target price on shares of Roper Technologies from $703.00 to $644.00 and set an “outperform” rating for the company in a report on Friday. Barclays reduced their target price on shares of Roper Technologies from $562.00 to $550.00 and set an “underweight” rating for the company in a report on Wednesday, October 1st. Raymond James Financial reduced 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. Finally, Truist Financial set a $650.00 target price on shares of Roper Technologies in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $590.25.

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.