Brighton Jones LLC Boosts Position in Roper Technologies, Inc. $ROP

Brighton Jones LLC raised its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 27.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 533 shares of the industrial products company’s stock after purchasing an additional 116 shares during the quarter. Brighton Jones LLC’s holdings in Roper Technologies were worth $302,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Saudi Central Bank purchased a new stake in shares of Roper Technologies in the first quarter worth about $25,000. Banque Transatlantique SA acquired a new stake in shares of Roper Technologies during the 1st quarter worth approximately $25,000. Olde Wealth Management LLC purchased a new position in shares of Roper Technologies during the 1st quarter valued at approximately $31,000. Wayfinding Financial LLC purchased a new stake in Roper Technologies during the first quarter worth $31,000. Finally, J.Safra Asset Management Corp grew its position in Roper Technologies by 222.7% during the second quarter. J.Safra Asset Management Corp now owns 71 shares of the industrial products company’s stock valued at $40,000 after buying an additional 49 shares during the period. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Wall Street Analyst Weigh In

ROP has been the subject of several recent analyst reports. Barclays cut their price target on Roper Technologies from $550.00 to $506.00 and set an “underweight” rating for the company in a research note on Monday. Oppenheimer reissued an “outperform” rating and issued a $570.00 price target on shares of Roper Technologies in a report on Thursday, October 23rd. Mizuho decreased their price objective on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating on the stock in a report on Friday, October 17th. 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 note on Wednesday, October 15th. Finally, Truist Financial set a $650.00 price target on shares of Roper Technologies in a research note on Friday, October 24th. One equities 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $577.83.

Roper Technologies Stock Down 0.6%

Shares of NASDAQ ROP opened at $443.40 on Friday. The stock has a market cap of $47.71 billion, a PE ratio of 30.56, a P/E/G ratio of 2.13 and a beta of 1.00. The company has a 50-day moving average of $506.15 and a 200 day moving average of $540.42. Roper Technologies, Inc. has a 12-month low of $442.69 and a 12-month high of $595.17. 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 (NASDAQ:ROP) last posted 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. The firm had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $2.02 billion. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The business’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter last year, the firm earned $4.62 earnings per share. 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 predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

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

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.