Hikari Power Ltd Trims Stock Position in Roper Technologies, Inc. $ROP

Hikari Power Ltd lessened its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 19.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,000 shares of the industrial products company’s stock after selling 14,390 shares during the period. Roper Technologies accounts for approximately 1.8% of Hikari Power Ltd’s portfolio, making the stock its 12th largest position. Hikari Power Ltd’s holdings in Roper Technologies were worth $21,232,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Roper Technologies by 12.5% in the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock valued at $5,553,932,000 after buying an additional 1,384,656 shares during the last quarter. State Street Corp grew its position in shares of Roper Technologies by 2.1% during the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock worth $2,266,604,000 after acquiring an additional 105,250 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Roper Technologies by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after acquiring an additional 22,335 shares during the last quarter. Norges Bank acquired a new position in shares of Roper Technologies in the 4th quarter valued at $1,112,873,000. Finally, Invesco Ltd. raised its position in Roper Technologies by 11.0% in the 4th quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock valued at $828,821,000 after purchasing an additional 184,644 shares during the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ROP. Zacks Research cut shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Royal Bank Of Canada lifted their price objective on shares of Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. Piper Sandler increased their target price on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Finally, Robert W. Baird raised their price target on Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $472.07.

Roper Technologies Price Performance

Shares of NASDAQ ROP opened at $354.89 on Thursday. The stock has a fifty day moving average price of $336.44 and a 200 day moving average price of $361.55. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $571.36. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.49. The company has a market cap of $35.82 billion, a PE ratio of 22.17, a P/E/G ratio of 1.66 and a beta of 0.76.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.97 by $0.19. The company had revenue of $2.10 billion for the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.78 earnings per share. 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. Sell-side analysts forecast that Roper Technologies, Inc. will post 21.95 EPS for the current year.

Roper Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, July 8th. Roper Technologies’s payout ratio is 22.74%.

Roper Technologies Company 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.