Tevis Investment Management Purchases Shares of 784 Roper Technologies, Inc. $ROP

Tevis Investment Management purchased a new stake in Roper Technologies, Inc. (NASDAQ:ROP) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 784 shares of the industrial products company’s stock, valued at approximately $444,000.

Several other large investors also recently made changes to their positions in ROP. Nuveen LLC acquired a new stake in shares of Roper Technologies in the first quarter valued at approximately $894,764,000. Wellington Management Group LLP increased its stake in shares of Roper Technologies by 92.3% in the first quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company’s stock valued at $826,030,000 after purchasing an additional 672,306 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Roper Technologies by 9.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company’s stock valued at $3,515,984,000 after purchasing an additional 500,764 shares during the period. Swedbank AB boosted its holdings in shares of Roper Technologies by 201.6% in the second quarter. Swedbank AB now owns 675,513 shares of the industrial products company’s stock valued at $382,908,000 after acquiring an additional 451,549 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Roper Technologies by 65.0% in the first quarter. Goldman Sachs Group Inc. now owns 640,127 shares of the industrial products company’s stock valued at $377,407,000 after acquiring an additional 252,056 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Trading Down 3.1%

Shares of NASDAQ:ROP opened at $463.73 on Tuesday. The stock has a market capitalization of $49.90 billion, a price-to-earnings ratio of 31.96, a PEG ratio of 2.29 and a beta of 1.00. Roper Technologies, Inc. has a 1-year low of $456.98 and a 1-year high of $595.17. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.53 and a current ratio of 0.58. The company has a 50 day moving average price of $511.23 and a 200 day moving average price of $542.55.

Roper Technologies (NASDAQ:ROP) last issued 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 firm had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $2.02 billion. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The firm’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same period last year, the firm posted $4.62 earnings per share. 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, research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The firm 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 was Friday, October 3rd. Roper Technologies’s dividend payout ratio (DPR) is presently 22.74%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Raymond James Financial decreased their price objective 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. Mizuho decreased their price objective 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. Citigroup assumed coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price objective for the company. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $541.00 price objective (down from $577.00) on shares of Roper Technologies in a report on Wednesday, October 15th. Finally, Jefferies Financial Group decreased their price objective on shares of Roper Technologies from $685.00 to $650.00 and set a “buy” rating for the company in a report on Thursday. One 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $577.83.

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.