Roper Technologies, Inc. $ROP Shares Bought by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust raised its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 38.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 422 shares of the industrial products company’s stock after acquiring an additional 117 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Roper Technologies were worth $239,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of ROP. Saudi Central Bank purchased a new position in shares of Roper Technologies in the 1st quarter valued at approximately $25,000. Banque Transatlantique SA acquired a new position in Roper Technologies during the 1st quarter valued at approximately $25,000. J.Safra Asset Management Corp raised its holdings in shares of Roper Technologies by 222.7% in the second quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock worth $40,000 after buying an additional 49 shares during the last quarter. Westside Investment Management Inc. lifted its stake in shares of Roper Technologies by 242.9% during the second quarter. Westside Investment Management Inc. now owns 72 shares of the industrial products company’s stock worth $41,000 after buying an additional 51 shares during the period. Finally, WPG Advisers LLC purchased a new stake in shares of Roper Technologies during the first quarter valued at $55,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Trading Up 0.6%

Shares of NASDAQ:ROP opened at $447.05 on Monday. 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 1 year low of $435.42 and a 1 year high of $595.17. The firm has a market capitalization of $48.12 billion, a price-to-earnings ratio of 30.81, a price-to-earnings-growth ratio of 2.13 and a beta of 0.98. 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:ROP) last released its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, topping 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 the consensus estimate of $2.02 billion. During the same quarter in the prior year, the firm earned $4.62 EPS. The company’s revenue for the quarter 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. On average, equities research analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be given a dividend of $0.91 per share. The ex-dividend date is Friday, January 2nd. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. Roper Technologies’s dividend payout ratio (DPR) is presently 22.74%.

Analyst Upgrades and Downgrades

A number of analysts have commented on ROP shares. Oppenheimer reaffirmed an “outperform” rating and set a $570.00 price target on shares of Roper Technologies in a research report on Thursday, October 23rd. JPMorgan Chase & Co. reissued an “underweight” rating and set a $541.00 price target (down from $577.00) on shares of Roper Technologies in a research report on Wednesday, October 15th. Barclays reduced their target price on shares of Roper Technologies from $550.00 to $506.00 and set an “underweight” rating for the company in a report on Monday, October 27th. 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 report on Friday, October 24th. Finally, Truist Financial set a $650.00 price objective on Roper Technologies in a research note on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $577.83.

Roper Technologies Company 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.