Welch & Forbes LLC Increases Stake in Roper Technologies, Inc. $ROP

Welch & Forbes LLC increased its position in Roper Technologies, Inc. (NASDAQ:ROP) by 0.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 200,529 shares of the industrial products company’s stock after purchasing an additional 823 shares during the period. Roper Technologies accounts for about 1.4% of Welch & Forbes LLC’s holdings, making the stock its 20th biggest position. Welch & Forbes LLC’s holdings in Roper Technologies were worth $113,668,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Saudi Central Bank purchased a new position in Roper Technologies during the 1st quarter valued at about $25,000. Banque Transatlantique SA purchased a new position in Roper Technologies during the first quarter valued at approximately $25,000. Wayfinding Financial LLC purchased a new position in Roper Technologies during the first quarter valued at approximately $31,000. Olde Wealth Management LLC purchased a new position in shares of Roper Technologies during the first quarter worth about $31,000. Finally, J.Safra Asset Management Corp grew its holdings in shares of 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 purchasing an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Performance

Shares of ROP stock opened at $446.15 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.53 and a current ratio of 0.58. Roper Technologies, Inc. has a fifty-two week low of $435.42 and a fifty-two week high of $595.17. The stock has a 50 day moving average price of $504.33 and a two-hundred day moving average price of $539.40. The company has a market capitalization of $48.01 billion, a P/E ratio of 30.75, a PEG ratio of 2.13 and a beta of 1.00.

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 the consensus estimate of $5.11 by $0.03. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same quarter in the previous year, the company posted $4.62 earnings per share. The business’s revenue 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. Analysts expect that Roper Technologies, Inc. will post 19.96 earnings per share for the current year.

Roper Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Friday, October 3rd were paid a $0.825 dividend. The ex-dividend date of this dividend 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 (DPR) is presently 22.74%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ROP. TD Cowen cut their price objective on Roper Technologies from $650.00 to $625.00 and set a “buy” rating for the company in a report on Friday, October 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Roper Technologies in a report on Friday. Royal Bank Of Canada lowered 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 report on Monday, October 27th. Barclays cut their price objective on Roper Technologies from $550.00 to $506.00 and set an “underweight” rating for the company in a report on Monday, October 27th. Finally, Robert W. Baird set a $592.00 target price on Roper Technologies in a research report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $577.83.

Roper Technologies Company 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.