Roper Technologies, Inc. $ROP Holdings Lifted by Ingalls & Snyder LLC

Ingalls & Snyder LLC increased its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 1.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 52,619 shares of the industrial products company’s stock after purchasing an additional 564 shares during the quarter. Roper Technologies makes up 1.1% of Ingalls & Snyder LLC’s investment portfolio, making the stock its 18th largest position. Ingalls & Snyder LLC’s holdings in Roper Technologies were worth $29,827,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC grew its holdings in shares of Roper Technologies by 27.8% during the second quarter. Brighton Jones LLC now owns 533 shares of the industrial products company’s stock valued at $302,000 after buying an additional 116 shares in the last quarter. MQS Management LLC purchased a new position in Roper Technologies in the second quarter valued at about $455,000. Ramsay Stattman Vela & Price Inc. grew its stake in Roper Technologies by 7.9% in the second quarter. Ramsay Stattman Vela & Price Inc. now owns 5,213 shares of the industrial products company’s stock valued at $2,955,000 after purchasing an additional 380 shares in the last quarter. Brian Low Financial Group LLC purchased a new position in Roper Technologies in the second quarter valued at about $651,000. Finally, AG2R LA Mondiale Gestion D Actifs grew its stake in Roper Technologies by 1.4% in the second quarter. AG2R LA Mondiale Gestion D Actifs now owns 4,121 shares of the industrial products company’s stock valued at $2,336,000 after purchasing an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Wall Street Analysts Forecast Growth

ROP has been the topic of a number of recent research reports. Truist Financial set a $650.00 target price on Roper Technologies in a research note on Friday. Raymond James Financial lowered their target price on Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating on the stock in a research note on Friday. Barclays lowered their target price on Roper Technologies from $562.00 to $550.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 1st. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $541.00 price target (down previously from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. Finally, Royal Bank Of Canada decreased their price target on Roper Technologies from $703.00 to $644.00 and set an “outperform” rating for the company in a research note on Friday. 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 given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $590.25.

Roper Technologies Stock Down 0.2%

NASDAQ ROP opened at $478.80 on Friday. The firm has a market cap of $51.52 billion, a PE ratio of 33.00, a price-to-earnings-growth ratio of 2.29 and a beta of 1.00. Roper Technologies, Inc. has a one year low of $456.98 and a one year high of $595.17. The stock’s 50 day simple moving average is $512.60 and its 200 day simple moving average is $543.26. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.43.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, topping analysts’ consensus estimates of $5.11 by $0.03. The business 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% on a year-over-year basis. During the same period in the prior 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. As a group, sell-side analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Friday, October 3rd were given a dividend of $0.825 per share. The ex-dividend date was Friday, October 3rd. This represents a $3.30 dividend on an annualized basis and a yield of 0.7%. Roper Technologies’s dividend 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.