Quadcap Wealth Management LLC Takes Position in Roper Technologies, Inc. $ROP

Quadcap Wealth Management LLC acquired a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 427 shares of the industrial products company’s stock, valued at approximately $242,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Corbyn Investment Management Inc. MD bought a new stake in Roper Technologies in the 2nd quarter valued at approximately $567,000. Vanguard Group Inc. grew its stake in shares of Roper Technologies by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 10,896,899 shares of the industrial products company’s stock worth $6,176,798,000 after acquiring an additional 179,646 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Roper Technologies by 20.0% in the first quarter. BNP Paribas Financial Markets now owns 383,373 shares of the industrial products company’s stock valued at $226,029,000 after purchasing an additional 63,988 shares during the last quarter. Swiss National Bank lifted its position in shares of Roper Technologies by 7.5% in the second quarter. Swiss National Bank now owns 325,100 shares of the industrial products company’s stock worth $184,280,000 after purchasing an additional 22,700 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey lifted its position in shares of Roper Technologies by 4.6% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 16,284 shares of the industrial products company’s stock worth $9,230,000 after purchasing an additional 719 shares in the last quarter. 93.31% of the stock is owned by institutional investors.

Roper Technologies Stock Up 1.5%

Roper Technologies stock opened at $446.41 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53. The company’s 50-day moving average is $479.12 and its 200-day moving average is $525.61. The firm has a market capitalization of $48.05 billion, a PE ratio of 30.77, a P/E/G ratio of 2.13 and a beta of 0.98. Roper Technologies, Inc. has a fifty-two week low of $435.42 and a fifty-two week high of $595.17.

Roper Technologies (NASDAQ:ROP) last posted 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 business had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $2.02 billion. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.Roper Technologies’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter last year, the company posted $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. Sell-side analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, January 2nd. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s payout ratio is presently 25.09%.

Analyst Ratings Changes

A number of research firms recently weighed in on ROP. Robert W. Baird set a $592.00 target price on shares of Roper Technologies in a research report on Friday, October 24th. Royal Bank Of Canada downgraded shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $644.00 to $539.00 in a research note on Monday, October 27th. TD Cowen lowered their target price on Roper Technologies from $650.00 to $625.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $541.00 target price (down previously from $577.00) on shares of Roper Technologies in a report on Wednesday, October 15th. Finally, Truist Financial set a $650.00 price target on Roper Technologies in a research note on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $579.54.

Insiders Place Their Bets

In related news, Director Amy Woods Brinkley acquired 1,200 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were bought at an average cost of $450.71 per share, with a total value of $540,852.00. Following the completion of the transaction, the director directly owned 18,184 shares of the company’s stock, valued at $8,195,710.64. This trade represents a 7.07% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Laurence Neil Hunn bought 10,000 shares of Roper Technologies stock in a transaction that occurred on Wednesday, November 12th. The shares were bought at an average cost of $452.23 per share, with a total value of $4,522,300.00. Following the acquisition, the chief executive officer directly owned 97,311 shares in the company, valued at $44,006,953.53. This trade represents a 11.45% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.78% of the stock is currently owned by corporate insiders.

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.