Mitsubishi UFJ Asset Management Co. Ltd. Cuts Holdings in Roper Technologies, Inc. $ROP

Mitsubishi UFJ Asset Management Co. Ltd. decreased its holdings in Roper Technologies, Inc. (NASDAQ:ROP - Free Report) by 11.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,232,415 shares of the industrial products company's stock after selling 152,674 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 1.14% of Roper Technologies worth $535,534,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Johnson Investment Counsel Inc. grew its position in Roper Technologies by 2.8% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 162,291 shares of the industrial products company's stock worth $80,933,000 after purchasing an additional 4,479 shares during the period. Stephens Inc. AR lifted its holdings in shares of Roper Technologies by 36.5% during the 3rd quarter. Stephens Inc. AR now owns 14,117 shares of the industrial products company's stock valued at $7,040,000 after buying an additional 3,773 shares during the period. ING Groep NV boosted its stake in shares of Roper Technologies by 175.7% in the 3rd quarter. ING Groep NV now owns 118,749 shares of the industrial products company's stock worth $59,219,000 after buying an additional 75,675 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Roper Technologies by 2.2% in the third quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company's stock worth $1,273,387,000 after acquiring an additional 54,221 shares during the period. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of Roper Technologies in the third quarter worth $10,053,000. Hedge funds and other institutional investors own 93.31% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ROP shares. Weiss Ratings downgraded Roper Technologies from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, March 11th. Zacks Research upgraded shares of Roper Technologies from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 29th. Argus restated a "hold" rating on shares of Roper Technologies in a research report on Wednesday, January 28th. Mizuho reduced their target price on shares of Roper Technologies from $419.00 to $365.00 and set an "underperform" rating for the company in a report on Wednesday, January 28th. Finally, The Goldman Sachs Group decreased their price target on shares of Roper Technologies from $507.00 to $440.00 and set a "neutral" rating on the stock in a research report on Thursday, January 29th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat.com, Roper Technologies presently has a consensus rating of "Hold" and a consensus target price of $472.07.

Roper Technologies Stock Up 0.4%

ROP stock opened at $356.56 on Wednesday. The business's 50-day moving average price is $354.25 and its 200-day moving average price is $400.34. The stock has a market cap of $36.50 billion, a P/E ratio of 22.27, a PEG ratio of 1.62 and a beta of 0.81. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.52. Roper Technologies, Inc. has a twelve month low of $313.07 and a twelve month high of $584.03.

Roper Technologies (NASDAQ:ROP - Get Free Report) last released its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, topping analysts' consensus estimates of $4.97 by $0.19. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The company had revenue of $2.10 billion for the quarter. During the same quarter in the previous year, the business posted $4.78 EPS. Roper Technologies's revenue was up 11.3% on a year-over-year basis. Roper Technologies has set its Q2 2026 guidance at 5.250-5.30 EPS and its FY 2026 guidance at 21.800-22.050 EPS. On average, equities research analysts forecast that Roper Technologies, Inc. will post 21.94 EPS for the current year.

Roper Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Monday, April 6th were given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Monday, April 6th. Roper Technologies's dividend payout ratio (DPR) is presently 22.74%.

Insider Buying and Selling at Roper Technologies

In other news, Director Thomas Patrick Joyce, Jr. bought 1,400 shares of the company's stock in a transaction that occurred on Friday, February 6th. The stock was bought at an average price of $358.46 per share, with a total value of $501,844.00. Following the acquisition, the director owned 1,400 shares of the company's stock, valued at approximately $501,844. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.80% of the company's stock.

About Roper Technologies

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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