Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 268,074 shares of the industrial products company's stock, valued at approximately $90,714,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.27% of Roper Technologies as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently added to or reduced their stakes in the company. Private Wealth Management Group LLC raised its position in shares of Roper Technologies by 195.8% during the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company's stock worth $25,000 after purchasing an additional 47 shares during the period. Triumph Capital Management acquired a new stake in Roper Technologies in the 3rd quarter valued at $25,000. Tucker Asset Management LLC acquired a new stake in Roper Technologies in the 4th quarter valued at $33,000. Global Assets Advisory LLC bought a new stake in Roper Technologies during the 1st quarter valued at $36,000. Finally, Kelleher Financial Advisors bought a new stake in Roper Technologies during the 3rd quarter valued at $40,000. Institutional investors and hedge funds own 93.31% of the company's stock.
Roper Technologies Stock Up 1.1%
Roper Technologies stock opened at $394.17 on Wednesday. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $544.94. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. The firm's 50-day simple moving average is $362.79 and its 200 day simple moving average is $351.64. The stock has a market cap of $38.98 billion, a PE ratio of 16.33, a price-to-earnings-growth ratio of 1.80 and a beta of 0.73.
Roper Technologies (NASDAQ:ROP - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The firm had revenue of $2.11 billion during the quarter. During the same quarter last year, the business posted $4.87 EPS. The company's quarterly revenue was up 8.5% on a year-over-year basis. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. Research analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.
Roper Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd. Roper Technologies's dividend payout ratio (DPR) is presently 15.08%.
Analysts Set New Price Targets
A number of research firms have weighed in on ROP. Argus raised shares of Roper Technologies from a "hold" rating to a "buy" rating and set a $450.00 price objective on the stock in a research note on Thursday, August 6th. Piper Sandler lowered their target price on shares of Roper Technologies from $540.00 to $526.00 and set an "overweight" rating on the stock in a report on Friday, July 24th. Barclays dropped their price target on shares of Roper Technologies from $380.00 to $373.00 and set an "underweight" rating on the stock in a research report on Friday, April 24th. JPMorgan Chase & Co. lifted their price target on Roper Technologies from $397.00 to $415.00 and gave the company an "underweight" rating in a research note on Wednesday, July 29th. Finally, Mizuho set a $355.00 price objective on Roper Technologies in a report on Tuesday, July 21st. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Roper Technologies currently has an average rating of "Hold" and a consensus price target of $466.94.
Get Our Latest Research Report on Roper Technologies
Insiders Place Their Bets
In other Roper Technologies news, EVP John K. Stipancich sold 2,000 shares of the business's stock in a transaction on Monday, July 27th. The stock was sold at an average price of $379.05, for a total value of $758,100.00. Following the transaction, the executive vice president owned 35,634 shares of the company's stock, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard F. Wallman sold 6,434 shares of the company's stock in a transaction on Friday, July 24th. The shares were sold at an average price of $361.00, for a total value of $2,322,674.00. Following the completion of the transaction, the director owned 7,423 shares of the company's stock, valued at $2,679,703. This trade represents a 46.43% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.80% of the company's stock.
Roper Technologies Company Profile
(
Free Report)
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.
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