Roper Technologies, Inc. $ROP Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 11.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,199,872 shares of the industrial products company’s stock after acquiring an additional 122,210 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 1.12% of Roper Technologies worth $680,135,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Endowment Wealth Management Inc. boosted its stake in shares of Roper Technologies by 3.4% during the first quarter. Endowment Wealth Management Inc. now owns 555 shares of the industrial products company’s stock worth $327,000 after buying an additional 18 shares during the period. Fiduciary Alliance LLC raised its position in Roper Technologies by 0.8% during the 2nd quarter. Fiduciary Alliance LLC now owns 2,344 shares of the industrial products company’s stock worth $1,329,000 after buying an additional 18 shares during the last quarter. Winch Advisory Services LLC lifted its stake in shares of Roper Technologies by 2.2% in the 1st quarter. Winch Advisory Services LLC now owns 944 shares of the industrial products company’s stock worth $557,000 after acquiring an additional 20 shares during the period. Townsend Asset Management Corp NC ADV lifted its position in Roper Technologies by 0.8% in the second quarter. Townsend Asset Management Corp NC ADV now owns 2,554 shares of the industrial products company’s stock valued at $1,448,000 after purchasing an additional 20 shares during the period. Finally, Sagespring Wealth Partners LLC boosted its holdings in Roper Technologies by 2.9% in the 2nd quarter. Sagespring Wealth Partners LLC now owns 718 shares of the industrial products company’s stock valued at $407,000 after purchasing an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Trading Up 0.6%

Shares of ROP stock opened at $447.05 on Friday. The company has a market capitalization of $48.12 billion, a price-to-earnings ratio of 30.81, a PEG ratio of 2.13 and a beta of 0.98. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46. The firm has a 50-day moving average price of $496.31 and a 200 day moving average price of $535.83. Roper Technologies, Inc. has a twelve month low of $435.42 and a twelve month high of $595.17.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, topping analysts’ consensus estimates of $5.11 by $0.03. The business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The company’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.62 earnings per share. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. Research analysts forecast that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 2nd will be issued a $0.91 dividend. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, January 2nd. This represents a $3.64 annualized dividend and a yield of 0.8%. Roper Technologies’s payout ratio is presently 22.74%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ROP. Citigroup initiated coverage on Roper Technologies in a report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 target price for the company. Royal Bank Of Canada cut Roper Technologies from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from $644.00 to $539.00 in a report on Monday, October 27th. Truist Financial set a $650.00 price objective on Roper Technologies in a report on Friday, October 24th. Mizuho lowered their price objective on shares of Roper Technologies from $600.00 to $510.00 and set a “neutral” rating on the stock in a research note on Friday, October 17th. Finally, Stifel Nicolaus set a $550.00 target price on shares of Roper Technologies in a report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Roper Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $577.83.

Roper Technologies 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.