Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Decreases Stock Position in Roper Technologies, Inc. $ROP

Key Points

• Loring Wolcott & Coolidge Fiduciary Advisors LLP MA reduced its stake in Roper Technologies by 2.9%, bringing its holdings to 215,824 shares valued at approximately $122.3 million.
• Roper Technologies reported an earnings per share (EPS) of $5.14 for the last quarter, slightly above analysts' expectations, with a revenue increase of 14.3% year-over-year.
• The company recently declared a quarterly dividend of $0.825, which translates to an annual yield of 0.6% and a payout ratio of 23.19%.

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA reduced its position in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 2.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 215,824 shares of the industrial products company's stock after selling 6,388 shares during the quarter. Roper Technologies makes up about 1.1% of Loring Wolcott & Coolidge Fiduciary Advisors LLP MA's holdings, making the stock its 27th largest position. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA owned about 0.20% of Roper Technologies worth $122,337,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in ROP. Brighton Jones LLC bought a new stake in Roper Technologies during the fourth quarter valued at $203,000. GAMMA Investing LLC lifted its stake in Roper Technologies by 76.4% during the first quarter. GAMMA Investing LLC now owns 1,891 shares of the industrial products company's stock worth $1,115,000 after purchasing an additional 819 shares during the last quarter. Exchange Traded Concepts LLC lifted its stake in Roper Technologies by 28.6% during the first quarter. Exchange Traded Concepts LLC now owns 117 shares of the industrial products company's stock worth $69,000 after purchasing an additional 26 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Roper Technologies by 13.1% in the 1st quarter. Blue Trust Inc. now owns 320 shares of the industrial products company's stock valued at $189,000 after acquiring an additional 37 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in shares of Roper Technologies by 4.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 6,367 shares of the industrial products company's stock valued at $3,754,000 after acquiring an additional 289 shares during the last quarter. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Roper Technologies Trading Down 1.1%

NASDAQ:ROP opened at $508.95 on Thursday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.46 and a quick ratio of 0.43. The firm has a market capitalization of $54.77 billion, a price-to-earnings ratio of 35.77, a price-to-earnings-growth ratio of 2.41 and a beta of 1.00. Roper Technologies, Inc. has a one year low of $492.25 and a one year high of $595.17. The business has a fifty day moving average price of $514.52 and a 200-day moving average price of $543.73.

Roper Technologies (NASDAQ:ROP - Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, topping the consensus estimate of $5.11 by $0.03. Roper Technologies had a return on equity of 10.83% and a net margin of 20.62%.During the same period last year, the business posted $4.62 earnings per share. Roper Technologies'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. Sell-side analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Friday, October 3rd were paid a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, October 3rd. Roper Technologies's dividend payout ratio is presently 23.19%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ROP. Barclays lowered their target price on Roper Technologies from $562.00 to $550.00 and set an "underweight" rating for the company in a research note on Wednesday, October 1st. Citigroup initiated coverage on Roper Technologies in a report on Wednesday, August 20th. They set a "buy" rating and a $626.00 target price on the stock. Weiss Ratings restated a "hold (c+)" rating on shares of Roper Technologies in a research note on Wednesday, October 8th. Mizuho cut their price target on Roper Technologies from $600.00 to $510.00 and set a "neutral" rating on the stock in a research note on Friday, October 17th. Finally, Robert W. Baird upped their price objective on Roper Technologies from $668.00 to $687.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $623.82.

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.

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