Bank of Montreal Can Sells 20,748 Shares of Roper Technologies, Inc. $ROP

Bank of Montreal Can reduced its position in Roper Technologies, Inc. (NASDAQ:ROP) by 11.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 160,044 shares of the industrial products company’s stock after selling 20,748 shares during the quarter. Bank of Montreal Can owned about 0.15% of Roper Technologies worth $90,719,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Endowment Wealth Management Inc. increased its holdings in Roper Technologies by 3.4% in the 1st quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company’s stock valued at $327,000 after buying an additional 18 shares during the period. Fiduciary Alliance LLC grew its holdings in shares of Roper Technologies by 0.8% during the 2nd quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company’s stock valued at $1,329,000 after purchasing an additional 18 shares during the last quarter. Winch Advisory Services LLC grew its holdings in shares of Roper Technologies by 2.2% during the 1st quarter. Winch Advisory Services LLC now owns 944 shares of the industrial products company’s stock valued at $557,000 after purchasing an additional 20 shares during the last quarter. Townsend Asset Management Corp NC ADV grew its holdings in shares of Roper Technologies by 0.8% during the 2nd quarter. Townsend Asset Management Corp NC ADV now owns 2,554 shares of the industrial products company’s stock valued at $1,448,000 after purchasing an additional 20 shares during the last quarter. Finally, Sagespring Wealth Partners LLC grew its holdings in shares of Roper Technologies by 2.9% during the 2nd quarter. Sagespring Wealth Partners LLC now owns 718 shares of the industrial products company’s stock valued at $407,000 after purchasing an additional 20 shares during the last quarter. 93.31% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ROP. Barclays decreased their price target on shares of Roper Technologies from $550.00 to $506.00 and set an “underweight” rating on the stock in a report on Monday, October 27th. Mizuho decreased their price target on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating on the stock in a report on Friday, October 17th. TD Cowen decreased 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. Robert W. Baird set a $592.00 price target on shares of Roper Technologies in a report on Friday, October 24th. Finally, Oppenheimer reiterated an “outperform” rating and set a $570.00 target price on shares of Roper Technologies in a research report on Thursday, October 23rd. One 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $577.83.

Roper Technologies Trading Up 0.2%

ROP opened at $449.31 on Wednesday. Roper Technologies, Inc. has a fifty-two week low of $435.42 and a fifty-two week high of $595.17. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53. The firm has a market capitalization of $48.35 billion, a price-to-earnings ratio of 30.97, a PEG ratio of 2.13 and a beta of 1.00. The company’s 50 day moving average price is $501.19 and its two-hundred day moving average price is $537.76.

Roper Technologies (NASDAQ:ROP) last posted 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 previous year, the firm posted $4.62 EPS. The company’s revenue for the quarter 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. As a group, research analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

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.