OneAscent Family Office LLC Lowers Holdings in Roper Technologies, Inc. $ROP

OneAscent Family Office LLC trimmed its position in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 26.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 532 shares of the industrial products company’s stock after selling 190 shares during the quarter. OneAscent Family Office LLC’s holdings in Roper Technologies were worth $302,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ROP. Brighton Jones LLC bought a new stake in shares of Roper Technologies in the 4th quarter worth $203,000. OneDigital Investment Advisors LLC increased its holdings in Roper Technologies by 22.0% in the 1st quarter. OneDigital Investment Advisors LLC now owns 1,246 shares of the industrial products company’s stock worth $735,000 after buying an additional 225 shares in the last quarter. Penserra Capital Management LLC raised its position in Roper Technologies by 406.0% in the 1st quarter. Penserra Capital Management LLC now owns 1,422 shares of the industrial products company’s stock worth $838,000 after buying an additional 1,141 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Roper Technologies by 0.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 310,038 shares of the industrial products company’s stock valued at $182,792,000 after acquiring an additional 1,393 shares during the period. Finally, Callan Capital LLC boosted its holdings in shares of Roper Technologies by 23.2% during the 1st quarter. Callan Capital LLC now owns 505 shares of the industrial products company’s stock valued at $298,000 after acquiring an additional 95 shares during the last quarter. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Down 0.8%

ROP opened at $445.83 on Thursday. Roper Technologies, Inc. has a fifty-two week low of $435.42 and a fifty-two week high of $595.17. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.53 and a current ratio of 0.58. The stock has a market cap of $47.99 billion, a price-to-earnings ratio of 30.73, a price-to-earnings-growth ratio of 2.13 and a beta of 0.98. The firm’s fifty day moving average is $499.54 and its 200 day moving average is $537.11.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $2.02 billion. During the same quarter last year, the business posted $4.62 earnings per share. The firm’s revenue 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. On average, sell-side analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 2nd will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, January 2nd. This is an increase from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s dividend payout ratio is presently 22.74%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on ROP shares. Citigroup initiated coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 target price on the stock. Mizuho dropped their price target on Roper Technologies from $600.00 to $510.00 and set a “neutral” rating on the stock in a research note on Friday, October 17th. Jefferies Financial Group cut their price objective on Roper Technologies from $685.00 to $650.00 and set a “buy” rating for the company in a report on Thursday, October 23rd. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $541.00 target price (down previously from $577.00) on shares of Roper Technologies in a report on Wednesday, October 15th. Finally, TD Cowen reduced their price target on shares of Roper Technologies from $650.00 to $625.00 and set a “buy” rating for the company in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Roper Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $577.83.

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.