Roper Technologies
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
1% less funds holding
Funds holding: 1,232 [Q2] → 1,224 (-8) [Q3]
4% less repeat investments, than reductions
Existing positions increased: 455 | Existing positions reduced: 474
8% less first-time investments, than exits
New positions opened: 97 | Existing positions closed: 105
5% less funds holding in top 10
Funds holding in top 10: 20 [Q2] → 19 (-1) [Q3]
5.61% less ownership
Funds ownership: 96.23% [Q2] → 90.62% (-5.61%) [Q3]
7% less capital invested
Capital invested by funds: $58.1B [Q2] → $53.9B (-$4.13B) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Barclays Julian Mitchell 61% 1-year accuracy 62 / 101 met price target | 8%upside $569 | Underweight Downgraded | 5 Dec 2024 |
RBC Capital Deane Dray 54% 1-year accuracy 35 / 65 met price target | 27%upside $666 | Outperform Maintained | 24 Oct 2024 |
Truist Securities Terry Tillman 68% 1-year accuracy 32 / 47 met price target | 27%upside $665 | Buy Reiterated | 24 Oct 2024 |
Baird Joe Vruwink 50% 1-year accuracy 21 / 42 met price target | 24%upside $652 | Outperform Maintained | 24 Oct 2024 |
Mizuho Brett Linzey 87% 1-year accuracy 27 / 31 met price target | 8%upside $565 | Neutral Maintained | 17 Oct 2024 |
Financial journalist opinion
Based on 7 articles about ROP published over the past 30 days