Roper TechnologiesROP
About: Roper Technologies is a diversified technology company that operates three segments: application software, network software, and technology enabled products. Roper acquires asset light, cash generative businesses and deploys excess cash to acquire further portfolio companies. The firm operates a highly decentralized model with portfolio company management holding autonomy and accountability for key operational decisions, and a small, centralized team overseeing capital deployment and providing executive coaching and reviewing strategic goals.
Employees: 16,800
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
189% more call options, than puts
Call options by funds: $259M | Put options by funds: $89.6M
14% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 85
1% less funds holding
Funds holding: 1,232 [Q2] → 1,225 (-7) [Q3]
4% less repeat investments, than reductions
Existing positions increased: 455 | Existing positions reduced: 474
5% less funds holding in top 10
Funds holding in top 10: 20 [Q2] → 19 (-1) [Q3]
5.57% less ownership
Funds ownership: 96.8% [Q2] → 91.24% (-5.57%) [Q3]
7% less capital invested
Capital invested by funds: $58.4B [Q2] → $54.3B (-$4.11B) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Barclays Julian Mitchell 63% 1-year accuracy 70 / 111 met price target | 8%upside $562 | Underweight Maintained | 8 Jan 2025 |
RBC Capital Deane Dray 48% 1-year accuracy 30 / 62 met price target | 28%upside $666 | Outperform Maintained | 24 Oct 2024 |
Truist Securities Terry Tillman 56% 1-year accuracy 27 / 48 met price target | 27%upside $665 | Buy Reiterated | 24 Oct 2024 |
Baird Joe Vruwink 40% 1-year accuracy 17 / 42 met price target | 25%upside $652 | Outperform Maintained | 24 Oct 2024 |
Financial journalist opinion
Based on 10 articles about ROP published over the past 30 days
