Nissay Asset Management Corp Japan ADV Raises Stock Position in Roper Technologies, Inc. $ROP

Key Points

• Nissay Asset Management Corp Japan ADV increased its holdings in Roper Technologies, Inc. by 10% during the first quarter, now owning 26,704 shares valued at approximately $15.74 million.
• Major investors, including Nuveen LLC and GAMMA Investing LLC, have significantly increased their stakes in Roper Technologies, with institutional investors owning 93.31% of the stock.
• Roper Technologies is set to pay a quarterly dividend of $0.825 on October 17th, representing a 0.6% annual dividend yield and a payout ratio of 23.19%.

Nissay Asset Management Corp Japan ADV increased its holdings in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 10.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,704 shares of the industrial products company's stock after purchasing an additional 2,428 shares during the period. Nissay Asset Management Corp Japan ADV's holdings in Roper Technologies were worth $15,744,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC purchased a new position in shares of Roper Technologies in the 4th quarter worth approximately $203,000. Benjamin Edwards Inc. grew its position in shares of Roper Technologies by 2.5% in the 4th quarter. Benjamin Edwards Inc. now owns 1,610 shares of the industrial products company's stock worth $837,000 after buying an additional 39 shares during the last quarter. Captrust Financial Advisors grew its position in shares of Roper Technologies by 2.1% in the 4th quarter. Captrust Financial Advisors now owns 9,964 shares of the industrial products company's stock worth $5,180,000 after buying an additional 204 shares during the last quarter. Centiva Capital LP purchased a new position in shares of Roper Technologies in the 4th quarter worth approximately $430,000. Finally, EP Wealth Advisors LLC grew its position in shares of Roper Technologies by 37.5% in the 4th quarter. EP Wealth Advisors LLC now owns 740 shares of the industrial products company's stock worth $385,000 after buying an additional 202 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors.

Roper Technologies Stock Performance

Shares of ROP traded up $4.14 during trading hours on Thursday, hitting $517.37. The stock had a trading volume of 223,137 shares, compared to its average volume of 637,523. The firm has a market capitalization of $55.68 billion, a price-to-earnings ratio of 36.07, a PEG ratio of 2.77 and a beta of 1.03. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40. The firm has a 50-day moving average price of $540.46 and a 200 day moving average price of $558.68. Roper Technologies, Inc. has a fifty-two week low of $499.47 and a fifty-two week high of $595.17.

Roper Technologies (NYSE:ROP - Get Free Report) last released its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 EPS for the quarter, beating the consensus estimate of $4.83 by $0.04. Roper Technologies had a net margin of 22.01% and a return on equity of 10.79%. The company's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter last year, the firm earned $4.48 EPS. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. As a group, research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be given a dividend of $0.825 per share. The ex-dividend date is Friday, October 3rd. This represents a $3.30 dividend on an annualized basis and a yield of 0.6%. Roper Technologies's dividend payout ratio is currently 23.19%.

Insiders Place Their Bets

In other Roper Technologies news, Director Richard F. Wallman sold 352 shares of the company's stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $556.25, for a total transaction of $195,800.00. Following the completion of the transaction, the director directly owned 20,510 shares in the company, valued at approximately $11,408,687.50. This represents a 1.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP John K. Stipancich sold 1,500 shares of the firm's stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $564.17, for a total transaction of $846,255.00. Following the completion of the transaction, the vice president directly owned 38,932 shares of the company's stock, valued at approximately $21,964,266.44. The trade was a 3.71% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.78% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on ROP shares. Mizuho set a $600.00 target price on shares of Roper Technologies in a research report on Friday, May 16th. JPMorgan Chase & Co. raised their price target on shares of Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a report on Tuesday, July 22nd. Truist Financial raised their price target on shares of Roper Technologies from $675.00 to $685.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. Citigroup started coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They issued a "buy" rating and a $626.00 price target for the company. Finally, Robert W. Baird raised their price target on shares of Roper Technologies from $668.00 to $687.00 and gave the stock an "outperform" rating in a report on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Roper Technologies has an average rating of "Moderate Buy" and an average price target of $636.36.

About Roper Technologies

Roper Technologies, Inc designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations.