Profund Advisors LLC grew its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 10.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,641 shares of the industrial products company’s stock after acquiring an additional 887 shares during the period. Profund Advisors LLC’s holdings in Roper Technologies were worth $5,465,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in ROP. Saudi Central Bank acquired a new stake in shares of Roper Technologies during the first quarter worth $25,000. Banque Transatlantique SA bought a new stake in Roper Technologies in the 1st quarter valued at about $25,000. J.Safra Asset Management Corp increased its holdings in shares of Roper Technologies by 222.7% during the second quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 49 shares during the period. Westside Investment Management Inc. raised its position in shares of Roper Technologies by 242.9% in the second quarter. Westside Investment Management Inc. now owns 72 shares of the industrial products company’s stock valued at $41,000 after buying an additional 51 shares in the last quarter. Finally, Alpine Bank Wealth Management boosted its stake in shares of Roper Technologies by 68.4% in the second quarter. Alpine Bank Wealth Management now owns 96 shares of the industrial products company’s stock valued at $54,000 after buying an additional 39 shares during the period. Institutional investors own 93.31% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the company. Stifel Nicolaus set a $550.00 target price on Roper Technologies in a report on Friday, October 24th. Royal Bank Of Canada downgraded shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and cut their price target for the stock from $644.00 to $539.00 in a report on Monday, October 27th. Citigroup started coverage on shares of Roper Technologies in a research note on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price objective on the stock. Jefferies Financial Group reduced their target price on Roper Technologies from $685.00 to $650.00 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Finally, Raymond James Financial dropped their price objective on Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating for the company in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Roper Technologies currently has an average rating of “Moderate Buy” and an average price target of $577.83.
Roper Technologies Stock Performance
Shares of ROP stock opened at $447.05 on Monday. The firm has a market capitalization of $48.12 billion, a price-to-earnings ratio of 30.81, a PEG ratio of 2.13 and a beta of 0.98. 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 business’s 50-day moving average price is $496.31 and its 200-day moving average price is $535.61. Roper Technologies, Inc. has a 12 month low of $435.42 and a 12 month high of $595.17.
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, beating 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 analyst estimates of $2.02 billion. During the same quarter last year, the business earned $4.62 EPS. The firm’s quarterly 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. Equities research analysts forecast 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 will be paid on Friday, January 16th. Stockholders of record on Friday, January 2nd will be given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.8%. This is a positive change 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
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.
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