Daiichi Life Insurance Co. Ltd. Takes $10.06 Million Position in Roper Technologies, Inc. $ROP

Key Points

• Daiichi Life Insurance acquired 29,718 shares of Roper Technologies valued at approximately $10.06 million. Institutional investors collectively own 93.31% of the company.
• Analyst sentiment is mixed, with seven Buy, nine Hold and three Sell ratings; the consensus rating is Hold, with an average price target of $466.94.
• Roper reported quarterly EPS of $5.38, ahead of the $5.29 consensus, while revenue rose 8.5% year over year to $2.11 billion. The company also declared a quarterly dividend of $0.91 per share, yielding about 0.9% annually.

Daiichi Life Insurance Co. Ltd. bought a new position in shares of Roper Technologies, Inc. (NASDAQ:ROP - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 29,718 shares of the industrial products company's stock, valued at approximately $10,056,000.

A number of other institutional investors have also made changes to their positions in the business. Brighton Jones LLC acquired a new position in shares of Roper Technologies in the fourth quarter valued at $203,000. Empowered Funds LLC lifted its stake in shares of Roper Technologies by 11.7% during the 1st quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company's stock worth $1,832,000 after buying an additional 326 shares during the last quarter. Cary Street Partners Financial LLC bought a new stake in shares of Roper Technologies during the 2nd quarter worth about $137,000. Nebula Research & Development LLC bought a new stake in shares of Roper Technologies during the 2nd quarter worth about $977,000. Finally, Sei Investments Co. grew its stake in Roper Technologies by 22.6% in the 2nd quarter. Sei Investments Co. now owns 61,621 shares of the industrial products company's stock valued at $34,928,000 after buying an additional 11,372 shares during the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ROP has been the subject of several research reports. Zacks Research downgraded shares of Roper Technologies from a "strong-buy" rating to a "hold" rating in a research report on Thursday, June 25th. Raymond James Financial downgraded Roper Technologies from a "strong-buy" rating to a "market perform" rating in a research report on Wednesday, July 22nd. Robert W. Baird set a $480.00 target price on Roper Technologies in a research note on Friday, July 24th. Royal Bank Of Canada reissued a "sector perform" rating and set a $417.00 price target on shares of Roper Technologies in a report on Tuesday, August 18th. Finally, BMO Capital Markets initiated coverage on Roper Technologies in a report on Friday, July 10th. They issued a "market perform" rating and a $393.00 price objective on the stock. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Roper Technologies has an average rating of "Hold" and an average price target of $466.94.

Insider Transactions at Roper Technologies

In related news, Director Richard F. Wallman sold 6,434 shares of the business's stock in a transaction dated Friday, July 24th. The stock was 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. The trade was a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John K. Stipancich sold 2,000 shares of the company's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction of $758,100.00. Following the sale, the executive vice president directly owned 35,634 shares of the company's stock, valued at $13,507,067.70. This represents a 5.31% decrease in their position. The SEC filing for this sale provides additional information. 0.80% of the stock is owned by insiders.

Roper Technologies Stock Performance

Shares of NASDAQ:ROP opened at $411.79 on Friday. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $538.21. The company's 50 day moving average price is $367.34 and its two-hundred day moving average price is $352.63. The firm has a market cap of $40.73 billion, a PE ratio of 17.06, a PEG ratio of 1.85 and a beta of 0.74. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57.

Roper Technologies (NASDAQ:ROP - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating analysts' consensus estimates of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The company had revenue of $2.11 billion during the quarter. During the same quarter in the previous year, the firm posted $4.87 earnings per share. The firm'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. Equities research analysts predict that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Announces Dividend

The business 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 $0.91 dividend. The ex-dividend date is Friday, October 2nd. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. Roper Technologies's dividend payout ratio (DPR) is presently 15.08%.

Roper Technologies Profile

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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