Roper Technologies, Inc. $ROP Shares Purchased by GoalVest Advisory LLC

GoalVest Advisory LLC increased its position in shares of Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 371.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 99 shares of the industrial products company’s stock after acquiring an additional 78 shares during the quarter. GoalVest Advisory LLC’s holdings in Roper Technologies were worth $56,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Roper Technologies by 1.3% during 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 acquiring an additional 142,150 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in 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 buying an additional 500,764 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in 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 buying an additional 20,238 shares during the period. Nuveen LLC purchased a new stake in Roper Technologies in the 1st quarter valued at about $894,764,000. Finally, Wellington Management Group LLP raised its holdings in 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 during the period. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Stock Down 3.1%

Shares of NASDAQ:ROP opened at $463.73 on Tuesday. The firm’s 50-day moving average is $511.23 and its two-hundred day moving average is $542.55. 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, Inc. has a 1 year low of $456.98 and a 1 year high of $595.17. The firm has a market capitalization of $49.90 billion, a PE ratio of 31.96, a price-to-earnings-growth ratio of 2.29 and a beta of 1.00.

Roper Technologies (NASDAQ:ROPGet Free Report) last released 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. 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 for the quarter, compared to analyst estimates of $2.02 billion. During the same period in the prior year, the firm earned $4.62 earnings per share. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. Analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Friday, October 3rd were paid a dividend of $0.825 per share. 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 is presently 22.74%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Raymond James Financial reduced their price objective on shares of Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating on the stock in a report on Friday. JPMorgan Chase & Co. restated 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. Oppenheimer restated an “outperform” rating and issued a $570.00 price objective on shares of Roper Technologies in a report on Thursday. Truist Financial set a $650.00 price target on shares of Roper Technologies in a research note on Friday. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Roper Technologies in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Roper Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $577.83.

Read Our Latest Report on Roper Technologies

Roper Technologies Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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