SouthState Corp Has $21.65 Million Stock Position in Roper Technologies, Inc. $ROP

SouthState Corp increased its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 4.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,198 shares of the industrial products company’s stock after purchasing an additional 1,483 shares during the period. Roper Technologies makes up about 0.9% of SouthState Corp’s holdings, making the stock its 28th biggest position. SouthState Corp’s holdings in Roper Technologies were worth $21,652,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Saudi Central Bank acquired a new stake in Roper Technologies during the first quarter worth approximately $25,000. Banque Transatlantique SA acquired a new stake in Roper Technologies during the first quarter worth approximately $25,000. J.Safra Asset Management Corp grew its stake 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 worth $40,000 after purchasing an additional 49 shares during the period. Westside Investment Management Inc. grew its stake in Roper Technologies by 242.9% during the second quarter. Westside Investment Management Inc. now owns 72 shares of the industrial products company’s stock worth $41,000 after purchasing an additional 51 shares during the period. Finally, WPG Advisers LLC bought a new position in Roper Technologies in the first quarter worth approximately $55,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Stock Down 0.8%

ROP stock opened at $445.83 on Thursday. Roper Technologies, Inc. has a twelve month low of $435.42 and a twelve month high of $595.17. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46. The stock’s 50 day moving average is $499.54 and its 200-day moving average is $537.11. The firm has a market capitalization of $47.99 billion, a PE ratio of 30.73, a P/E/G ratio of 2.13 and a beta of 0.98.

Roper Technologies (NASDAQ:ROP) last posted its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, beating analysts’ consensus estimates of $5.11 by $0.03. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The company had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same quarter last year, the company earned $4.62 earnings per share. The company’s revenue for the quarter 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. Sell-side analysts expect that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Increases Dividend

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on ROP shares. Raymond James Financial cut their price target on Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating on the stock in a report on Friday, October 24th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $541.00 price target (down previously from $577.00) on shares of Roper Technologies in a report on Wednesday, October 15th. Jefferies Financial Group cut their price target on Roper Technologies from $685.00 to $650.00 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Mizuho cut their price target on Roper Technologies from $600.00 to $510.00 and set a “neutral” rating on the stock in a report on Friday, October 17th. Finally, Robert W. Baird set a $592.00 price target on Roper Technologies in a 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, the company has a consensus rating of “Moderate Buy” and a consensus price target of $577.83.

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.