Y Intercept Hong Kong Ltd Purchases Shares of 858 Roper Technologies, Inc. $ROP

Y Intercept Hong Kong Ltd bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, HoldingsChannel reports. The fund bought 858 shares of the industrial products company’s stock, valued at approximately $486,000.

Several other hedge funds have also recently made changes to their positions in ROP. Endowment Wealth Management Inc. raised its stake in shares of Roper Technologies by 3.4% during the first quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company’s stock worth $327,000 after acquiring an additional 18 shares in the last quarter. Fiduciary Alliance LLC lifted its position in Roper Technologies by 0.8% during the second quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company’s stock valued at $1,329,000 after buying an additional 18 shares during the period. Winch Advisory Services LLC grew its stake in shares of Roper Technologies by 2.2% in 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 last quarter. Townsend Asset Management Corp NC ADV lifted its stake in shares of Roper Technologies by 0.8% in the second 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 in the last quarter. Finally, Sagespring Wealth Partners LLC boosted its position in shares of Roper Technologies by 2.9% during the second quarter. Sagespring Wealth Partners LLC now owns 718 shares of the industrial products company’s stock valued at $407,000 after buying an additional 20 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on ROP. Royal Bank Of Canada cut shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $644.00 to $539.00 in a report on Monday, October 27th. Truist Financial set a $650.00 target price on shares of Roper Technologies in a research report on Friday, October 24th. Robert W. Baird set a $592.00 price objective on shares of Roper Technologies in a research note on Friday, October 24th. Jefferies Financial Group reduced their price objective on Roper Technologies from $685.00 to $650.00 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Finally, Oppenheimer reissued an “outperform” rating and issued a $570.00 price target on shares of Roper Technologies in a report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Roper Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $577.83.

Roper Technologies Price Performance

ROP stock opened at $444.48 on Friday. 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 company has a market capitalization of $47.84 billion, a PE ratio of 30.63, a P/E/G ratio of 2.13 and a beta of 0.98. The business’s fifty day moving average price is $497.90 and its 200 day moving average price is $536.47. Roper Technologies, Inc. has a 12-month low of $435.42 and a 12-month high of $595.17.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings data 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 business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same quarter in the previous year, the firm earned $4.62 EPS. The company’s revenue was up 14.3% compared to the same quarter last year. 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, sell-side analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 2nd will be given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 0.8%. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Friday, January 2nd. Roper Technologies’s dividend payout ratio is presently 22.74%.

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.