Boyd Watterson Asset Management LLC OH Sells 24 Shares of Roper Technologies, Inc. $ROP

Boyd Watterson Asset Management LLC OH decreased its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 2.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,030 shares of the industrial products company’s stock after selling 24 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Roper Technologies were worth $584,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Endowment Wealth Management Inc. boosted its holdings in shares of Roper Technologies by 3.4% during the 1st quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company’s stock worth $327,000 after buying an additional 18 shares during the period. Fiduciary Alliance LLC boosted 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 worth $1,329,000 after buying an additional 18 shares during the period. Winch Advisory Services LLC boosted 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 worth $557,000 after buying an additional 20 shares during the period. Townsend Asset Management Corp NC ADV boosted 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 worth $1,448,000 after buying an additional 20 shares during the period. Finally, Sagespring Wealth Partners LLC boosted 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 worth $407,000 after buying an additional 20 shares during the period. Institutional investors own 93.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ROP. Mizuho reduced their target price on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a report on Friday, October 17th. Robert W. Baird set a $592.00 price objective on shares of Roper Technologies 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. Truist Financial set a $650.00 price objective on shares of Roper Technologies in a report on Friday. Finally, Royal Bank Of Canada downgraded shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from $644.00 to $539.00 in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $577.83.

Roper Technologies Price Performance

Shares of NASDAQ:ROP opened at $463.73 on Tuesday. The firm has a 50 day moving average of $511.23 and a 200-day moving average of $542.55. The stock has a market capitalization of $49.90 billion, a PE ratio of 31.96, a PEG ratio of 2.29 and a beta of 1.00. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46. Roper Technologies, Inc. has a 12 month low of $456.98 and a 12 month high of $595.17.

Roper Technologies (NASDAQ:ROP) last issued its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, beating the consensus estimate of $5.11 by $0.03. The company had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $2.02 billion. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The business’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 company earned $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 research analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal 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 given a $0.825 dividend. The ex-dividend date was Friday, October 3rd. This represents a $3.30 annualized dividend and a dividend yield of 0.7%. Roper Technologies’s payout ratio is presently 22.74%.

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.