Roper Technologies, Inc. $ROP Shares Purchased by Ingalls & Snyder LLC

Ingalls & Snyder LLC boosted its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 1.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 52,619 shares of the industrial products company’s stock after buying an additional 564 shares during the period. Roper Technologies accounts for approximately 1.1% of Ingalls & Snyder LLC’s holdings, making the stock its 18th largest holding. Ingalls & Snyder LLC’s holdings in Roper Technologies were worth $29,827,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Saudi Central Bank purchased a new stake in shares of Roper Technologies during the 1st quarter valued at about $25,000. Banque Transatlantique SA purchased a new stake in Roper Technologies during the 1st quarter worth approximately $25,000. MorganRosel Wealth Management LLC purchased a new stake in Roper Technologies during the 1st quarter worth approximately $27,000. Olde Wealth Management LLC purchased a new stake in Roper Technologies during the 1st quarter worth approximately $31,000. Finally, Wayfinding Financial LLC purchased a new stake in Roper Technologies during the 1st quarter worth approximately $31,000. 93.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ROP has been the subject of several research reports. Stifel Nicolaus set a $550.00 target price on Roper Technologies in a research report on Friday. Raymond James Financial reduced their price objective on Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating for the company in a research report on Friday. Jefferies Financial Group reduced their price objective on Roper Technologies from $685.00 to $650.00 and set a “buy” rating for the company in a research report on Thursday. Truist Financial set a $650.00 price target on Roper Technologies in a research report on Friday. Finally, Barclays reduced their price target on Roper Technologies from $562.00 to $550.00 and set an “underweight” rating for the company in a research report on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $590.25.

Roper Technologies Stock Down 0.2%

ROP opened at $478.80 on Friday. Roper Technologies, Inc. has a one year low of $456.98 and a one year high of $595.17. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.43 and a current ratio of 0.58. The stock’s fifty day moving average is $512.60 and its 200-day moving average is $543.26. The company has a market capitalization of $51.52 billion, a PE ratio of 33.00, a P/E/G ratio of 2.29 and a beta of 1.00.

Roper Technologies (NASDAQ:ROP) last announced its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.11 by $0.03. The company had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.02 billion. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.Roper Technologies’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.62 earnings per share. 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 Announces Dividend

The business also recently announced 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. 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 payout ratio is 23.19%.

About Roper Technologies

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.