QRG Capital Management Inc. Has $1.19 Million Stock Position in Roper Technologies, Inc. $ROP

QRG Capital Management Inc. cut its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 54.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,381 shares of the industrial products company’s stock after selling 2,849 shares during the period. QRG Capital Management Inc.’s holdings in Roper Technologies were worth $1,187,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of ROP. Asset Dedication LLC grew its position in shares of Roper Technologies by 800.0% during the 2nd quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 40 shares in the last quarter. Vermillion & White Wealth Management Group LLC grew its position in Roper Technologies by 89.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock worth $30,000 after buying an additional 25 shares in the last quarter. Quent Capital LLC bought a new position in Roper Technologies during the 3rd quarter worth $37,000. CoreFirst Bank & Trust acquired a new position in Roper Technologies in the 2nd quarter valued at $39,000. Finally, J.Safra Asset Management Corp grew its holdings 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 and hedge funds own 93.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ROP. Royal Bank Of Canada downgraded Roper Technologies from an “outperform” rating to a “sector perform” rating and dropped their price target for the company from $644.00 to $539.00 in a research note on Monday, October 27th. Piper Sandler dropped their target price on shares of Roper Technologies from $600.00 to $530.00 and set an “overweight” rating for the company in a research report on Tuesday, January 13th. JPMorgan Chase & Co. reduced their price target on shares of Roper Technologies from $540.00 to $457.00 and set an “underweight” rating on the stock in a research report on Friday, January 16th. Oppenheimer reissued an “outperform” rating and issued a $570.00 price objective on shares of Roper Technologies in a research note on Thursday, October 23rd. Finally, Jefferies Financial Group reduced their target price on Roper Technologies from $650.00 to $600.00 and set a “buy” rating on the stock in a report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Roper Technologies has an average rating of “Moderate Buy” and an average target price of $551.07.

Roper Technologies Price Performance

ROP stock opened at $403.76 on Wednesday. The stock has a market cap of $43.46 billion, a price-to-earnings ratio of 27.83, a P/E/G ratio of 1.94 and a beta of 0.94. 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 has a 50 day simple moving average of $441.24 and a 200 day simple moving average of $489.27. Roper Technologies, Inc. has a 1 year low of $400.20 and a 1 year high of $595.17.

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

Roper Technologies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were given a $0.91 dividend. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date was Friday, January 2nd. Roper Technologies’s dividend payout ratio is 25.09%.

Insider Transactions at Roper Technologies

In other Roper Technologies news, Director Amy Woods Brinkley bought 1,200 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were acquired at an average cost of $450.71 per share, for a total transaction of $540,852.00. Following the transaction, the director directly owned 18,184 shares in the company, valued at approximately $8,195,710.64. This represents a 7.07% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Laurence Neil Hunn purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was acquired at an average price of $452.23 per share, with a total value of $4,522,300.00. Following the completion of the transaction, the chief executive officer owned 97,311 shares in the company, valued at approximately $44,006,953.53. This trade represents a 11.45% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.87% of the company’s stock.

Roper Technologies Company Profile

Roper Technologies, Inc (NASDAQ: ROP) is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.

Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.