Stephens Inc. AR Purchases 28 Shares of Roper Technologies, Inc. $ROP

Stephens Inc. AR grew its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 0.3% in the 2nd quarter, HoldingsChannel reports. The fund owned 10,344 shares of the industrial products company’s stock after buying an additional 28 shares during the period. Stephens Inc. AR’s holdings in Roper Technologies were worth $5,864,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. LMG Wealth Partners LLC boosted its position in Roper Technologies by 7.7% in the second quarter. LMG Wealth Partners LLC now owns 4,749 shares of the industrial products company’s stock worth $2,692,000 after purchasing an additional 339 shares during the last quarter. Chicago Partners Investment Group LLC lifted its position in shares of Roper Technologies by 19.5% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 3,550 shares of the industrial products company’s stock valued at $1,977,000 after buying an additional 580 shares during the last quarter. Sigma Investment Counselors Inc. raised its stake in shares of Roper Technologies by 4.5% during the 2nd quarter. Sigma Investment Counselors Inc. now owns 13,610 shares of the industrial products company’s stock valued at $7,715,000 after purchasing an additional 588 shares during the period. TrueMark Investments LLC bought a new stake in shares of Roper Technologies during the 2nd quarter valued at $363,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Roper Technologies during the 2nd quarter valued at $15,078,000. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Performance

ROP stock opened at $514.52 on Wednesday. The company has a market cap of $55.37 billion, a P/E ratio of 36.16, a price-to-earnings-growth ratio of 2.37 and a beta of 1.00. Roper Technologies, Inc. has a 1 year low of $492.25 and a 1 year high of $595.17. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.46 and a quick ratio of 0.43. The stock’s fifty day moving average price is $514.79 and its 200-day moving average price is $543.97.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, January 30th. The industrial products company reported $4.81 earnings per share for the quarter. The company had revenue of $1.88 billion for the quarter. Roper Technologies had a return on equity of 10.83% and a net margin of 20.62%. Roper Technologies has set its FY 2025 guidance at 19.750-20.000 EPS. Q1 2025 guidance at 4.700-4.740 EPS. On average, equities analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Friday, October 3rd were issued a $0.825 dividend. This represents a $3.30 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, October 3rd. Roper Technologies’s payout ratio is 23.19%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Truist Financial upped their target price on Roper Technologies from $675.00 to $685.00 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. Royal Bank Of Canada increased their target price on Roper Technologies from $695.00 to $703.00 and gave the company an “outperform” rating in a report on Tuesday, July 22nd. Citigroup initiated coverage on Roper Technologies in a report on Wednesday, August 20th. They set a “buy” rating and a $626.00 target price for the company. Robert W. Baird lifted their price objective on Roper Technologies from $668.00 to $687.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. restated an “underweight” rating and issued a $541.00 target price (down previously from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $623.82.

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.