Roper Technologies, Inc. $ROP Shares Sold by Metis Global Partners LLC

Metis Global Partners LLC reduced its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 9.7% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 5,027 shares of the industrial products company’s stock after selling 542 shares during the period. Metis Global Partners LLC’s holdings in Roper Technologies were worth $2,850,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC acquired a new position in Roper Technologies in the fourth quarter valued at approximately $203,000. Alps Advisors Inc. acquired a new position in shares of Roper Technologies in the 1st quarter valued at $366,000. Ballentine Partners LLC boosted its holdings in Roper Technologies by 5.7% during the first quarter. Ballentine Partners LLC now owns 1,757 shares of the industrial products company’s stock worth $1,036,000 after buying an additional 95 shares in the last quarter. Arizona State Retirement System grew its position in Roper Technologies by 4.8% during the first quarter. Arizona State Retirement System now owns 32,237 shares of the industrial products company’s stock valued at $19,006,000 after buying an additional 1,483 shares during the period. Finally, Mutual of America Capital Management LLC increased its holdings in Roper Technologies by 65.0% in the first quarter. Mutual of America Capital Management LLC now owns 21,198 shares of the industrial products company’s stock valued at $12,498,000 after buying an additional 8,354 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Stock Performance

Shares of NASDAQ:ROP opened at $447.05 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53. Roper Technologies, Inc. has a 1 year low of $435.42 and a 1 year high of $595.17. The firm has a market capitalization of $48.12 billion, a PE ratio of 30.81, a P/E/G ratio of 2.13 and a beta of 0.98. The business’s 50 day moving average price is $496.31 and its 200-day moving average price is $535.61.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings data 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 firm posted $4.62 EPS. The firm’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. As a group, equities research analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal 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 paid a dividend of $0.91 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $3.64 annualized dividend and a yield of 0.8%. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s dividend payout ratio is currently 22.74%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ROP. Stifel Nicolaus set a $550.00 price target on Roper Technologies in a research note on Friday, October 24th. Raymond James Financial dropped their price objective 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. Truist Financial set a $650.00 target price on Roper Technologies in a research note on Friday, October 24th. TD Cowen dropped their price target on shares of Roper Technologies from $650.00 to $625.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Finally, Mizuho reduced their price objective on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating for the company in a research report on Friday, October 17th. One equities 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 issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus 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.