Stephens Inc. AR Acquires 28 Shares of Roper Technologies, Inc. $ROP

Stephens Inc. AR boosted its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 0.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,344 shares of the industrial products company’s stock after acquiring an additional 28 shares during the period. Stephens Inc. AR’s holdings in Roper Technologies were worth $5,864,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in ROP. Brighton Jones LLC bought a new stake in Roper Technologies in the 4th quarter valued at $203,000. GAMMA Investing LLC grew its holdings in Roper Technologies by 76.4% in the 1st quarter. GAMMA Investing LLC now owns 1,891 shares of the industrial products company’s stock valued at $1,115,000 after buying an additional 819 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Roper Technologies by 1.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 17,490 shares of the industrial products company’s stock valued at $10,311,000 after buying an additional 311 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in Roper Technologies by 28.6% in the 1st quarter. Exchange Traded Concepts LLC now owns 117 shares of the industrial products company’s stock valued at $69,000 after buying an additional 26 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in Roper Technologies by 13.1% in the 1st quarter. Blue Trust Inc. now owns 320 shares of the industrial products company’s stock valued at $189,000 after buying an additional 37 shares in the last quarter. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Performance

NASDAQ:ROP opened at $514.52 on Wednesday. The stock’s 50-day simple moving average is $514.79 and its 200 day simple moving average is $543.97. The firm has a market capitalization of $55.37 billion, a PE ratio of 36.16, a price-to-earnings-growth ratio of 2.37 and a beta of 1.00. The company has a quick ratio of 0.43, a current ratio of 0.46 and a debt-to-equity ratio of 0.40. Roper Technologies, Inc. has a twelve month low of $492.25 and a twelve month high of $595.17.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data on Thursday, January 30th. The industrial products company reported $4.81 earnings per share for the quarter. The business had revenue of $1.88 billion for the quarter. Roper Technologies had a return on equity of 10.83% and a net margin of 20.62%. 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 fiscal year.

Roper Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Friday, October 3rd were issued a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, October 3rd. Roper Technologies’s payout ratio is 23.19%.

Wall Street Analysts Forecast Growth

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