6,322 Shares in Roper Technologies, Inc. $ROP Purchased by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. purchased a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 6,322 shares of the industrial products company’s stock, valued at approximately $2,139,000.

Several other hedge funds have also bought and sold shares of the business. BlackRock Inc. bought a new position in shares of Roper Technologies during the second quarter valued at approximately $3,346,912,000. Norges Bank bought a new stake in shares of Roper Technologies in the 4th quarter worth approximately $1,112,873,000. Vanguard Group Inc. grew its stake in shares of Roper Technologies by 12.5% in the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after buying an additional 1,384,656 shares during the last quarter. Flossbach Von Storch SE bought a new position in Roper Technologies during the 2nd quarter valued at approximately $448,321,000. Finally, Arrowstreet Capital Limited Partnership increased its position in Roper Technologies by 206.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,339,710 shares of the industrial products company’s stock valued at $474,070,000 after buying an additional 903,223 shares in the last quarter. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Performance

ROP stock opened at $415.51 on Tuesday. The stock has a market capitalization of $41.09 billion, a PE ratio of 17.21, a price-to-earnings-growth ratio of 1.85 and a beta of 0.74. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $536.57. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. The stock’s 50 day simple moving average is $369.01 and its 200 day simple moving average is $352.96.

Roper Technologies (NASDAQ:ROP) last issued its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The business had revenue of $2.11 billion for the quarter. During the same quarter in the prior year, the business posted $4.87 earnings per share. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. 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. As a group, research analysts forecast that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be given a $0.91 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. Roper Technologies’s payout ratio is 15.08%.

Insider Transactions at Roper Technologies

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the transaction, the director owned 7,423 shares in the company, valued at approximately $2,679,703. This represents a 46.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $379.05, for a total transaction of $758,100.00. Following the sale, the executive vice president directly owned 35,634 shares in the company, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their position. The SEC filing for this sale provides additional information. 0.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

ROP has been the topic of several analyst reports. Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Argus upgraded Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target for the company in a report on Thursday, August 6th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $417.00 price target on shares of Roper Technologies in a research report on Tuesday, August 18th. Piper Sandler dropped their price target on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. Finally, Raymond James Financial downgraded shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday, July 22nd. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $466.94.

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.