Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 268,074 shares of the industrial products company’s stock, valued at approximately $90,714,000.
Other large investors have also bought and sold shares of the company. Triumph Capital Management bought a new stake in shares of Roper Technologies in the third quarter valued at $25,000. Private Wealth Management Group LLC increased its holdings in Roper Technologies by 195.8% in the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 47 shares during the last quarter. Tucker Asset Management LLC purchased a new stake in Roper Technologies in the 4th quarter worth about $33,000. Kelleher Financial Advisors bought a new stake in Roper Technologies in the 3rd quarter valued at about $40,000. Finally, MV Capital Management Inc. purchased a new stake in Roper Technologies during the fourth quarter valued at about $41,000. 93.31% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
ROP has been the subject of a number of research reports. Argus upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price for the company in a research report on Thursday, August 6th. Robert W. Baird set a $480.00 price target on shares of Roper Technologies in a research report on Friday, July 24th. Barclays cut their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a report on Friday, April 24th. BMO Capital Markets assumed coverage on shares of Roper Technologies in a research note on Friday, July 10th. They issued a “market perform” rating and a $393.00 price objective for the company. Finally, Weiss Ratings raised shares of Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday. Seven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Roper Technologies presently has an average rating of “Hold” and an average target price of $466.94.
Roper Technologies Stock Up 1.1%
ROP stock opened at $394.17 on Wednesday. The stock has a 50-day simple moving average of $362.79 and a two-hundred day simple moving average of $351.64. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $544.94. The firm has a market capitalization of $38.98 billion, a PE ratio of 16.33, a PEG ratio of 1.80 and a beta of 0.73. 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 announced its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $2.11 billion for the quarter. During the same period in the previous year, the company posted $4.87 earnings per share. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. 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. On average, equities analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.
Roper Technologies Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders 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 is Friday, October 2nd. Roper Technologies’s payout ratio is 15.08%.
Insiders Place Their Bets
In related news, Director Richard F. Wallman sold 6,434 shares of Roper Technologies stock in a transaction on Friday, July 24th. The stock was sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the completion of the sale, the director owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John K. Stipancich sold 2,000 shares of the business’s stock in a transaction dated 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 SEC filing for this sale provides additional information. 0.80% of the stock is owned by insiders.
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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