Nomura Holdings Inc. Sells 6,219 Shares of Roper Technologies, Inc. $ROP

Key Points

• Nomura Holdings Inc. has reduced its holdings in Roper Technologies by 38.7%, selling 6,219 shares to hold a total of 9,859 shares valued at approximately $5.81 million.
• Recent analyst ratings for Roper Technologies have varied, with a consensus rating of "Moderate Buy" and a price target averaging around $636.36.
• The company reported a 13.2% increase in quarterly revenue and topped earnings estimates, with earnings per share for the quarter at $4.87.

Nomura Holdings Inc. lessened its stake in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 38.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,859 shares of the industrial products company's stock after selling 6,219 shares during the quarter. Nomura Holdings Inc.'s holdings in Roper Technologies were worth $5,813,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Saudi Central Bank acquired a new position in shares of Roper Technologies in the first quarter valued at approximately $25,000. MorganRosel Wealth Management LLC acquired a new position in shares of Roper Technologies in the first quarter valued at approximately $27,000. Putney Financial Group LLC acquired a new position in shares of Roper Technologies in the fourth quarter valued at approximately $31,000. Olde Wealth Management LLC acquired a new position in shares of Roper Technologies in the first quarter valued at approximately $31,000. Finally, Wayfinding Financial LLC acquired a new position in shares of Roper Technologies in the first quarter valued at approximately $31,000. Institutional investors and hedge funds own 93.31% of the company's stock.

Analysts Set New Price Targets

ROP has been the subject of several recent research reports. Truist Financial increased their target price 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 initiated coverage on shares of Roper Technologies in a report on Wednesday, August 20th. They set a "buy" rating and a $626.00 target price for the company. Robert W. Baird increased their target price 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. Mizuho set a $600.00 target price on shares of Roper Technologies in a report on Friday, May 16th. Finally, Royal Bank Of Canada increased their target price on shares of Roper Technologies from $695.00 to $703.00 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 given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Roper Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $636.36.

Insider Buying and Selling at Roper Technologies

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 sale, the director directly owned 20,510 shares of the company's stock, 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 available through this hyperlink. Also, VP John K. Stipancich sold 1,500 shares of the company's stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total transaction of $846,255.00. Following the sale, the vice president directly owned 38,932 shares in the company, valued at $21,964,266.44. This trade represents a 3.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.78% of the company's stock.

Roper Technologies Stock Performance

NYSE ROP traded down $8.68 on Friday, hitting $518.44. 700,577 shares of the stock were exchanged, compared to its average volume of 632,690. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.40 and a quick ratio of 0.37. The business's fifty day moving average is $543.45 and its 200 day moving average is $559.89. Roper Technologies, Inc. has a 52 week low of $499.47 and a 52 week high of $595.17. The company has a market capitalization of $55.79 billion, a PE ratio of 36.15, a P/E/G ratio of 2.77 and a beta of 1.03.

Roper Technologies (NYSE:ROP - Get Free Report) last posted its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, topping 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%. During the same quarter last year, the company earned $4.48 EPS. Roper Technologies's revenue was up 13.2% on a year-over-year basis. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. Research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently declared 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. This represents a $3.30 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, October 3rd. Roper Technologies's dividend payout ratio is 23.19%.

Roper Technologies Company Profile

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.