D.A. Davidson & CO. Sells 397 Shares of Roper Technologies, Inc. $ROP

D.A. Davidson & CO. lowered its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 33.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 805 shares of the industrial products company’s stock after selling 397 shares during the quarter. D.A. Davidson & CO.’s holdings in Roper Technologies were worth $456,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Saudi Central Bank acquired a new stake in shares of Roper Technologies during the 1st quarter worth about $25,000. Banque Transatlantique SA acquired a new stake in shares of Roper Technologies during the 1st quarter worth about $25,000. Olde Wealth Management LLC acquired a new stake in shares of Roper Technologies during the 1st quarter worth about $31,000. Wayfinding Financial LLC acquired a new stake in shares of Roper Technologies during the 1st quarter worth about $31,000. Finally, J.Safra Asset Management Corp increased its position in shares of Roper Technologies by 222.7% during the 2nd 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 in the last quarter. Institutional investors own 93.31% of the company’s stock.

Analyst Upgrades and Downgrades

ROP has been the subject of a number of recent analyst reports. Stifel Nicolaus set a $550.00 target price on shares of Roper Technologies in a research report on Friday, October 24th. Barclays decreased their price objective on shares of Roper Technologies from $550.00 to $506.00 and set an “underweight” rating on the stock in a report on Monday. Citigroup initiated coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They set a “buy” rating and a $626.00 price objective on the stock. JPMorgan Chase & Co. reissued an “underweight” rating and set a $541.00 price objective (down previously from $577.00) on shares of Roper Technologies in a report on Wednesday, October 15th. Finally, Jefferies Financial Group decreased their price objective on shares of Roper Technologies from $685.00 to $650.00 and set a “buy” rating on the stock in a report 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $577.83.

Roper Technologies Stock Performance

Roper Technologies stock opened at $446.28 on Thursday. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46. Roper Technologies, Inc. has a 1 year low of $444.13 and a 1 year high of $595.17. The company has a market cap of $48.02 billion, a PE ratio of 30.76, a PEG ratio of 2.18 and a beta of 1.00. The company’s 50-day moving average is $507.82 and its two-hundred day moving average is $541.10.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.11 by $0.03. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The company had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the prior year, the company posted $4.62 EPS. The company’s revenue was up 14.3% compared to the same quarter last year. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. Equities analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Friday, October 3rd were given a dividend of $0.825 per share. The ex-dividend date was Friday, October 3rd. This represents a $3.30 dividend on an annualized basis and a yield of 0.7%. Roper Technologies’s dividend payout ratio is presently 22.74%.

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.