Versor Investments LP bought a new stake in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 700 shares of the industrial products company’s stock, valued at approximately $397,000.
A number of other large investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings 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 purchasing an additional 142,150 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in shares of Roper Technologies by 9.2% in the 1st 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. T. Rowe Price Investment Management Inc. increased its holdings in shares of Roper Technologies by 0.4% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,171,740 shares of the industrial products company’s stock valued at $3,049,155,000 after purchasing an additional 20,238 shares during the period. Nuveen LLC acquired a new position in shares of Roper Technologies in the 1st quarter valued at about $894,764,000. Finally, Wellington Management Group LLP grew its stake in shares of Roper Technologies by 92.3% in the 1st quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company’s stock valued at $826,030,000 after buying an additional 672,306 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on ROP shares. Truist Financial set a $650.00 price target on Roper Technologies in a research note on Friday, October 24th. Robert W. Baird set a $592.00 price target on Roper Technologies in a research note on Friday, October 24th. Citigroup started coverage on Roper Technologies in a research note on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price target for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. Finally, Stifel Nicolaus set a $550.00 price target on Roper Technologies in a research note 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. According to data from MarketBeat.com, Roper Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $577.83.
Roper Technologies Stock Down 0.8%
Shares of Roper Technologies stock opened at $445.83 on Thursday. The stock has a market capitalization of $47.99 billion, a P/E ratio of 30.73, a PEG ratio of 2.13 and a beta of 0.98. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46. The stock has a 50 day moving average price of $499.54 and a two-hundred day moving average price of $537.11. 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 announced its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) 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 return on equity of 10.92% and a net margin of 20.34%.The company’s revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $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. Equities analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.
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.
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