Roper Technologies, Inc. $ROP Shares Bought by Howard Capital Management Inc.

Howard Capital Management Inc. increased its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 13.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,880 shares of the industrial products company’s stock after purchasing an additional 334 shares during the period. Howard Capital Management Inc.’s holdings in Roper Technologies were worth $1,632,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of ROP. Saudi Central Bank acquired a new position in shares of Roper Technologies during the 1st quarter worth about $25,000. Banque Transatlantique SA acquired a new position in Roper Technologies in the first quarter valued at approximately $25,000. MorganRosel Wealth Management LLC acquired a new position in Roper Technologies in the first quarter valued at approximately $27,000. Olde Wealth Management LLC acquired a new position in Roper Technologies in the first quarter valued at approximately $31,000. Finally, Wayfinding Financial LLC acquired a new position in shares of Roper Technologies in the 1st quarter valued at $31,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Stock Down 1.6%

Roper Technologies stock opened at $456.16 on Wednesday. Roper Technologies, Inc. has a twelve month low of $455.71 and a twelve month high of $595.17. The stock has a 50 day moving average of $509.70 and a two-hundred day moving average of $541.90. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $49.09 billion, a price-to-earnings ratio of 31.44, a PEG ratio of 2.22 and a beta of 1.00.

Roper Technologies (NASDAQ:ROP) last issued its quarterly 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 return on equity of 10.92% and a net margin of 20.34%.The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same period last year, the company earned $4.62 earnings per share. The company’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. As a group, research analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Friday, October 3rd were paid a $0.825 dividend. This represents a $3.30 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Friday, October 3rd. Roper Technologies’s dividend payout ratio (DPR) is 22.74%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ROP. Weiss Ratings restated a “hold (c+)” rating on shares of Roper Technologies in a report on Wednesday, October 8th. Stifel Nicolaus set a $550.00 price objective on shares of Roper Technologies in a research note on Friday. TD Cowen decreased their target price on Roper Technologies from $650.00 to $625.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Mizuho decreased their target price on Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a research report on Friday, October 17th. Finally, Truist Financial set a $650.00 price objective on Roper Technologies in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $577.83.

Roper Technologies 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.