Roper Technologies, Inc. $ROP Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. trimmed its position in Roper Technologies, Inc. (NASDAQ:ROP) by 10.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,631 shares of the industrial products company’s stock after selling 187 shares during the period. Freedom Investment Management Inc.’s holdings in Roper Technologies were worth $924,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Saudi Central Bank acquired a new position in Roper Technologies in the 1st quarter valued at about $25,000. MorganRosel Wealth Management LLC acquired a new position in Roper Technologies in the 1st quarter valued at about $27,000. Banque Transatlantique SA purchased a new stake in shares of Roper Technologies in the 1st quarter valued at approximately $25,000. Olde Wealth Management LLC purchased a new stake in shares of Roper Technologies in the 1st quarter valued at approximately $31,000. Finally, Wayfinding Financial LLC purchased a new stake in shares of Roper Technologies in the 1st quarter valued at approximately $31,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies Price Performance

Shares of ROP opened at $478.80 on Friday. Roper Technologies, Inc. has a fifty-two week low of $456.98 and a fifty-two week high of $595.17. The firm’s 50 day moving average price is $512.60 and its 200 day moving average price is $543.09. The company has a market cap of $51.52 billion, a P/E ratio of 33.00, a PEG ratio of 2.29 and a beta of 1.00. The company has a quick ratio of 0.43, a current ratio of 0.58 and a debt-to-equity ratio of 0.46.

Roper Technologies (NASDAQ:ROP) last announced its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $2.02 billion. During the same period in the prior year, the firm earned $4.62 EPS. The firm’s revenue for the quarter was up 14.3% on a year-over-year basis. 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, research analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Friday, October 3rd were given a $0.825 dividend. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $3.30 dividend on an annualized basis and a dividend yield of 0.7%. Roper Technologies’s dividend payout ratio is currently 23.19%.

Analyst Ratings Changes

ROP has been the topic of a number of research analyst reports. Mizuho reduced their price target on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating on the stock in a research note on Friday, October 17th. Robert W. Baird set a $592.00 price target on shares of Roper Technologies in a research note on Friday. Citigroup initiated coverage on shares of Roper Technologies in a research note on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price target on the stock. TD Cowen reduced their price target on shares of Roper Technologies from $650.00 to $625.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Stifel Nicolaus set a $550.00 price target on shares of Roper Technologies in a research note on Friday. One 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, Roper Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $590.25.

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.