Meiji Yasuda Asset Management Co Ltd. Sells 3,146 Shares of Roper Technologies, Inc. $ROP

Meiji Yasuda Asset Management Co Ltd. reduced its position in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 19.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,046 shares of the industrial products company’s stock after selling 3,146 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Roper Technologies were worth $5,807,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Field & Main Bank bought a new position in Roper Technologies in the 3rd quarter valued at about $25,000. Triumph Capital Management bought a new stake in shares of Roper Technologies during the 3rd quarter valued at approximately $25,000. Tucker Asset Management LLC bought a new stake in shares of Roper Technologies during the 4th quarter valued at approximately $33,000. Board of the Pension Protection Fund bought a new stake in shares of Roper Technologies during the 4th quarter valued at approximately $36,000. Finally, Kelleher Financial Advisors bought a new stake in shares of Roper Technologies during the 3rd quarter valued at approximately $40,000. 93.31% of the stock is owned by institutional investors.

Roper Technologies Stock Up 0.3%

NASDAQ:ROP opened at $324.08 on Friday. The firm’s 50 day simple moving average is $348.64 and its 200 day simple moving average is $387.75. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.49. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $576.55. The company has a market cap of $32.71 billion, a PE ratio of 20.24, a P/E/G ratio of 1.47 and a beta of 0.81.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, beating analysts’ consensus estimates of $4.97 by $0.19. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The company had revenue of $2.10 billion for the quarter. During the same period in the prior year, the company posted $4.78 earnings per share. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. 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. On average, research analysts anticipate that Roper Technologies, Inc. will post 21.94 earnings per share for the current year.

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, July 8th. Roper Technologies’s dividend payout ratio is currently 22.74%.

Wall Street Analysts Forecast Growth

ROP has been the topic of several research reports. Robert W. Baird lifted their price target on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Mizuho decreased their price target on shares of Roper Technologies from $419.00 to $365.00 and set an “underperform” rating on the stock in a report on Wednesday, January 28th. Weiss Ratings lowered shares of Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, March 11th. Zacks Research raised shares of Roper Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Finally, Truist Financial decreased their price target on shares of Roper Technologies from $650.00 to $550.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, six have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Roper Technologies has an average rating of “Hold” and an average target price of $472.07.

View Our Latest Stock Analysis on Roper Technologies

Roper Technologies Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Roper Technologies (NASDAQ:ROP)

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