Roper Technologies, Inc. (ROP)

Several events have impacted Roper Technologies' stock price in the past six months. Roper Technologies reported strong fourth-quarter 2024 earnings on January 30, 2025, exceeding analysts' expectations. TD Cowen upgraded Roper Technologies from Hold to Buy on January 28, 2025. Stifel initiated coverage with a Buy recommendation on March 27, 2025. William Blair initiated coverage with an Outperform recommendation on May 5, 2025. Roper completed the acquisition of Trucker Tools LLC in December 2024. In August 2024, Roper agreed to acquire Transact Campus for $1.5 billion. In February 2024, the company acquired Procare Solutions for $1.75 billion. Roper Technologies declared a quarterly dividend in June 2025. As of June 27, 2025, Roper Technologies' share price was $563.51, a 0.27% increase from the prior week, with an 8.79% increase over the last six months.

Demand seasonality varies across Roper Technologies' portfolio, particularly in the Network Software segment. The DAT Freight & Analytics unit experiences seasonal changes in truckload freight volumes. The acquisition of Transact is anticipated to lead to lower seasonal revenue. A significant portion of Roper's revenue is recurring, which helps mitigate the impact of seasonality in some areas.

Roper Technologies, Inc. is a diversified technology company based in the United States, primarily engaged in the development of software, products, and solutions for various niche markets. The company operates within the Technology sector, specifically in the Software - Application industry. Roper's business model emphasizes acquiring and operating a diverse portfolio of niche technology businesses, with a strong focus on software and asset-light models that generate significant recurring revenue. Roper Technologies operates through three main segments: Application Software, Network Software, and Technology Enabled Products.

Roper Technologies has a global presence, with significant sales to customers outside the United States. In 2024, sales to customers outside the U.S. totaled $975.9 million. The company serves 42 countries worldwide.

Roper Technologies maintains a positive brand reputation due to consistent financial performance and strategic acquisitions. The company's Q4 2024 results contributed to a positive outlook, and analysts have a "Moderate Buy" consensus rating. Strategic acquisitions enhance the product portfolio and market reach. Roper's decentralized management structure is a key aspect of its operational strategy. Some anticipate declines in margins due to lower seasonal revenue from the Transact acquisition and challenges in the Application Software and Network Segments, which could pressure adjusted diluted earnings per share in Q1 2025. Concerns about low operating model visibility and potential revenue volatility from currency fluctuations and geopolitical uncertainties have also been mentioned.

Roper Technologies has a diverse ownership base, primarily dominated by large institutional investors. Approximately 93.56% of the company's stock is held by institutions. Major institutional owners include Vanguard Group Inc and BlackRock, Inc. Brian D. Jellison is a significant individual shareholder, owning 1.40 million shares, representing 1.30% of the company.