AlphaQuest LLC Acquires 309 Shares of Roper Technologies, Inc. $ROP

AlphaQuest LLC lifted its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 12.8% during the second quarter, HoldingsChannel reports. The firm owned 2,730 shares of the industrial products company’s stock after purchasing an additional 309 shares during the quarter. AlphaQuest LLC’s holdings in Roper Technologies were worth $1,547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in ROP. Nuveen LLC bought a new stake in shares of Roper Technologies during the 1st quarter worth $894,764,000. Wellington Management Group LLP raised its stake in shares of Roper Technologies by 92.3% during the 1st quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company’s stock worth $826,030,000 after purchasing an additional 672,306 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of Roper Technologies by 9.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company’s stock worth $3,515,984,000 after purchasing an additional 500,764 shares during the period. Swedbank AB raised its stake in shares of Roper Technologies by 201.6% during the 2nd quarter. Swedbank AB now owns 675,513 shares of the industrial products company’s stock worth $382,908,000 after purchasing an additional 451,549 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in shares of Roper Technologies by 65.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 640,127 shares of the industrial products company’s stock worth $377,407,000 after purchasing an additional 252,056 shares during the period. 93.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ROP. Stifel Nicolaus set a $550.00 price objective on Roper Technologies in a report on Friday. Barclays decreased their price objective on Roper Technologies from $562.00 to $550.00 and set an “underweight” rating for the company in a report on Wednesday, October 1st. Royal Bank Of Canada decreased their price objective on Roper Technologies from $703.00 to $644.00 and set an “outperform” rating for the company in a report on Friday. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $541.00 price objective (down previously from $577.00) on shares of Roper Technologies in a report on Wednesday, October 15th. Finally, TD Cowen decreased their price objective on Roper Technologies from $650.00 to $625.00 and set a “buy” rating for the company in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Roper Technologies presently has an average rating of “Moderate Buy” and an average price target of $590.25.

Roper Technologies Stock Down 0.2%

ROP stock opened at $478.80 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.58 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $51.52 billion, a PE ratio of 33.00, a PEG ratio of 2.29 and a beta of 1.00. Roper Technologies, Inc. has a twelve month low of $456.98 and a twelve month high of $595.17. The stock has a 50-day simple moving average of $512.60 and a two-hundred day simple moving average of $543.09.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.11 by $0.03. The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 14.3% on a year-over-year basis. During the same quarter last year, the company posted $4.62 EPS. 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, equities analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Friday, October 3rd were given 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 (DPR) is 23.19%.

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.