Fiduciary Family Office LLC Decreases Stock Position in Roper Technologies, Inc. $ROP

Fiduciary Family Office LLC cut its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 30.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 390 shares of the industrial products company’s stock after selling 172 shares during the period. Fiduciary Family Office LLC’s holdings in Roper Technologies were worth $221,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Freedom Day Solutions LLC acquired a new stake in Roper Technologies in the first quarter valued at $1,808,000. Tandem Investment Advisors Inc. raised its holdings in Roper Technologies by 49.9% in the first quarter. Tandem Investment Advisors Inc. now owns 98,229 shares of the industrial products company’s stock valued at $57,914,000 after acquiring an additional 32,694 shares in the last quarter. GAMMA Investing LLC raised its holdings in Roper Technologies by 76.4% in the first quarter. GAMMA Investing LLC now owns 1,891 shares of the industrial products company’s stock valued at $1,115,000 after acquiring an additional 819 shares in the last quarter. Legacy Advisors LLC acquired a new stake in Roper Technologies in the first quarter valued at $264,000. Finally, Stephens Investment Management Group LLC raised its holdings in Roper Technologies by 6.2% in the first quarter. Stephens Investment Management Group LLC now owns 28,102 shares of the industrial products company’s stock valued at $16,568,000 after acquiring an additional 1,635 shares in the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Roper Technologies Stock Up 1.7%

ROP opened at $514.52 on Wednesday. Roper Technologies, Inc. has a fifty-two week low of $492.25 and a fifty-two week high of $595.17. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.46 and a quick ratio of 0.43. The firm’s fifty day moving average price is $514.79 and its two-hundred day moving average price is $543.97. The company has a market capitalization of $55.37 billion, a P/E ratio of 36.16, a P/E/G ratio of 2.37 and a beta of 1.00.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings results on Thursday, January 30th. The industrial products company reported $4.81 earnings per share for the quarter. Roper Technologies had a net margin of 20.62% and a return on equity of 10.83%. The firm had revenue of $1.88 billion for the quarter. Roper Technologies has set its FY 2025 guidance at 19.750-20.000 EPS. Q1 2025 guidance at 4.700-4.740 EPS. On average, analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Dividend Announcement

The firm also recently declared 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 was Friday, October 3rd. This represents a $3.30 dividend on an annualized basis and a yield of 0.6%. Roper Technologies’s payout ratio is currently 23.19%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ROP shares. Royal Bank Of Canada upped their price target on shares of Roper Technologies from $695.00 to $703.00 and gave the company an “outperform” rating in a report on Tuesday, July 22nd. Robert W. Baird increased their target price on shares of Roper Technologies from $668.00 to $687.00 and gave the stock an “outperform” rating in a report on Tuesday, July 22nd. Citigroup assumed coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They set a “buy” rating and a $626.00 target price on the stock. Mizuho dropped their target price on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Barclays dropped their target price on shares of Roper Technologies from $562.00 to $550.00 and set an “underweight” rating on the stock in a report on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $623.82.

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.