Fox Run Management L.L.C. Makes New Investment in Roper Technologies, Inc. $ROP

Fox Run Management L.L.C. bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,481 shares of the industrial products company’s stock, valued at approximately $839,000.

Several other large investors also recently bought and sold shares of the business. Saudi Central Bank bought a new position in Roper Technologies during the first quarter valued at $25,000. Banque Transatlantique SA bought a new position in shares of Roper Technologies in the 1st quarter valued at about $25,000. J.Safra Asset Management Corp grew its position in Roper Technologies by 222.7% in the second quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 49 shares in the last quarter. Westside Investment Management Inc. raised its position in Roper Technologies by 242.9% during the second quarter. Westside Investment Management Inc. now owns 72 shares of the industrial products company’s stock valued at $41,000 after purchasing an additional 51 shares during the period. Finally, Alpine Bank Wealth Management lifted its stake in shares of Roper Technologies by 68.4% in the 2nd quarter. Alpine Bank Wealth Management now owns 96 shares of the industrial products company’s stock valued at $54,000 after purchasing an additional 39 shares during the last quarter. Institutional investors own 93.31% of the company’s stock.

Analysts Set New Price Targets

ROP has been the topic of several analyst reports. JPMorgan Chase & Co. reissued an “underweight” rating and set a $541.00 target price (down previously from $577.00) on shares of Roper Technologies in a research report on Wednesday, October 15th. Barclays reduced their price target on Roper Technologies from $550.00 to $506.00 and set an “underweight” rating on the stock in a report on Monday, October 27th. Royal Bank Of Canada cut Roper Technologies from an “outperform” rating to a “sector perform” rating and dropped their price objective for the company from $644.00 to $539.00 in a report on Monday, October 27th. Oppenheimer reiterated an “outperform” rating and issued a $570.00 target price on shares of Roper Technologies in a research note on Thursday, October 23rd. Finally, Citigroup began coverage on Roper Technologies in a research report on Wednesday, August 20th. They set a “buy” rating and a $626.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $577.83.

Roper Technologies Trading Up 0.6%

Shares of NASDAQ ROP opened at $447.05 on Monday. Roper Technologies, Inc. has a twelve month low of $435.42 and a twelve month high of $595.17. The firm has a market cap of $48.12 billion, a PE ratio of 30.81, a price-to-earnings-growth ratio of 2.13 and a beta of 0.98. The business has a fifty day simple moving average of $496.31 and a two-hundred day simple moving average of $535.61. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46.

Roper Technologies (NASDAQ:ROP) last announced its quarterly 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. 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 for the quarter, compared to analyst estimates of $2.02 billion. During the same quarter last year, the firm posted $4.62 earnings per share. The business’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. Analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 2nd will be given a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, January 2nd. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s dividend payout ratio is currently 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.