Oarsman Capital Inc. Buys New Holdings in Roper Technologies, Inc. $ROP

Oarsman Capital Inc. bought a new stake in Roper Technologies, Inc. (NASDAQ:ROPFree Report) in the second quarter, Holdings Channel reports. The institutional investor bought 363 shares of the industrial products company’s stock, valued at approximately $206,000.

A number of other large investors have also modified their holdings of ROP. Saudi Central Bank acquired a new position in shares of Roper Technologies in the first quarter valued at $25,000. Banque Transatlantique SA acquired a new position in Roper Technologies during the first quarter worth $25,000. Olde Wealth Management LLC acquired a new position in Roper Technologies during the first quarter worth $31,000. Wayfinding Financial LLC acquired a new position in Roper Technologies during the first quarter worth $31,000. Finally, J.Safra Asset Management Corp raised 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 acquiring an additional 49 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies Price Performance

Roper Technologies stock opened at $446.28 on Thursday. The business’s 50-day simple moving average is $507.82 and its 200 day simple moving average is $541.10. The stock has a market cap of $48.02 billion, a price-to-earnings ratio of 30.76, a P/E/G ratio of 2.18 and a beta of 1.00. Roper Technologies, Inc. has a 12-month low of $444.13 and a 12-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.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.11 by $0.03. The business had revenue of $2.02 billion for 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%.The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter last year, the business 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. As a group, research analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Friday, October 3rd were issued a $0.825 dividend. The ex-dividend date was Friday, October 3rd. This represents a $3.30 annualized dividend and a yield of 0.7%. Roper Technologies’s dividend payout ratio (DPR) is currently 22.74%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Barclays dropped their price objective on Roper Technologies from $550.00 to $506.00 and set an “underweight” rating for the company in a research note on Monday. Citigroup assumed coverage on Roper Technologies in a research note on Wednesday, August 20th. They issued a “buy” rating and a $626.00 target price for the company. Oppenheimer restated an “outperform” rating and issued a $570.00 target price on shares of Roper Technologies in a research note on Thursday, October 23rd. Robert W. Baird set a $592.00 target price on Roper Technologies 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 research note on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Roper Technologies currently has an average rating of “Moderate Buy” and an average target price of $577.83.

Check Out Our Latest Stock Analysis on Roper Technologies

About Roper Technologies

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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