Sumitomo Mitsui Trust Group Inc. Raises Holdings in Roper Technologies, Inc. $ROP

Sumitomo Mitsui Trust Group Inc. grew its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 1.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 293,915 shares of the industrial products company’s stock after purchasing an additional 4,404 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Roper Technologies were worth $166,603,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Freedom Day Solutions LLC acquired a new stake in shares of Roper Technologies during the first quarter worth about $1,808,000. Tandem Investment Advisors Inc. boosted its stake in shares of Roper Technologies by 49.9% during the first quarter. Tandem Investment Advisors Inc. now owns 98,229 shares of the industrial products company’s stock worth $57,914,000 after buying an additional 32,694 shares during the period. GAMMA Investing LLC boosted its stake in shares of Roper Technologies by 76.4% during the first quarter. GAMMA Investing LLC now owns 1,891 shares of the industrial products company’s stock worth $1,115,000 after buying an additional 819 shares during the period. Stephens Investment Management Group LLC boosted its stake in shares of Roper Technologies by 6.2% during the first quarter. Stephens Investment Management Group LLC now owns 28,102 shares of the industrial products company’s stock worth $16,568,000 after buying an additional 1,635 shares during the period. Finally, Eos Management L.P. boosted its stake in shares of Roper Technologies by 41.3% during the first quarter. Eos Management L.P. now owns 11,759 shares of the industrial products company’s stock worth $6,933,000 after buying an additional 3,435 shares during the period. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Stock Down 0.2%

Shares of ROP opened at $478.80 on Friday. The firm has a market cap of $51.52 billion, a PE ratio of 33.00, a price-to-earnings-growth ratio of 2.29 and a beta of 1.00. The company’s fifty day moving average is $512.60 and its two-hundred day moving average is $543.09. Roper Technologies, Inc. has a fifty-two week low of $456.98 and a fifty-two week high of $595.17. The company has a quick ratio of 0.43, a current ratio of 0.58 and a debt-to-equity ratio of 0.46.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, beating analysts’ consensus estimates of $5.11 by $0.03. The company 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 for the quarter was up 14.3% on a year-over-year basis. During the same quarter last year, the business earned $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. Analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ROP. Barclays dropped their price objective on shares of Roper Technologies from $562.00 to $550.00 and set an “underweight” rating for the company in a research note on Wednesday, October 1st. 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 objective for the company. Oppenheimer reissued an “outperform” rating and set a $570.00 price objective on shares of Roper Technologies in a research note on Thursday. Raymond James Financial lowered 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 research note on Friday. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $541.00 target price (down from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $590.25.

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.