Y Intercept Hong Kong Ltd Invests $486,000 in Roper Technologies, Inc. $ROP

Y Intercept Hong Kong Ltd purchased a new position in Roper Technologies, Inc. (NASDAQ:ROP) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 858 shares of the industrial products company’s stock, valued at approximately $486,000.

Several other institutional investors also recently bought and sold shares of the stock. Endowment Wealth Management Inc. raised its holdings in Roper Technologies by 3.4% in the 1st quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company’s stock valued at $327,000 after acquiring an additional 18 shares during the last quarter. Fiduciary Alliance LLC lifted its stake in Roper Technologies by 0.8% in the second quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company’s stock worth $1,329,000 after acquiring an additional 18 shares during the last quarter. Winch Advisory Services LLC boosted its position in shares of Roper Technologies by 2.2% in the 1st quarter. Winch Advisory Services LLC now owns 944 shares of the industrial products company’s stock valued at $557,000 after purchasing an additional 20 shares during the period. Townsend Asset Management Corp NC ADV grew its holdings in shares of Roper Technologies by 0.8% during the second quarter. Townsend Asset Management Corp NC ADV now owns 2,554 shares of the industrial products company’s stock worth $1,448,000 after buying an additional 20 shares during the last quarter. Finally, Sagespring Wealth Partners LLC boosted its holdings in shares of Roper Technologies by 2.9% in the second quarter. Sagespring Wealth Partners LLC now owns 718 shares of the industrial products company’s stock valued at $407,000 after acquiring an additional 20 shares in the last quarter. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Roper Technologies Price Performance

Shares of NASDAQ:ROP opened at $444.48 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46. Roper Technologies, Inc. has a twelve month low of $435.42 and a twelve month high of $595.17. The business has a 50 day moving average price of $497.90 and a 200 day moving average price of $536.47. The company has a market cap of $47.84 billion, a price-to-earnings ratio of 30.63, a PEG ratio of 2.13 and a beta of 0.98.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 20.34% and a return on equity of 10.92%. The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter last year, the company 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. Research analysts predict that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Increases Dividend

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

Analyst Ratings Changes

Several research analysts recently issued reports on ROP shares. Royal Bank Of Canada downgraded Roper Technologies from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from $644.00 to $539.00 in a research report on Monday, October 27th. Stifel Nicolaus set a $550.00 price target on Roper Technologies in a research note on Friday, October 24th. Citigroup started coverage on Roper Technologies in a research report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 price objective on the stock. Raymond James Financial decreased their price target on Roper Technologies from $670.00 to $575.00 and set a “strong-buy” rating for the company in a research note on Friday, October 24th. Finally, Jefferies Financial Group lowered their target price on Roper Technologies from $685.00 to $650.00 and set a “buy” rating for the company in a report on Thursday, October 23rd. One 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 assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average 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.