Resona Asset Management Co. Ltd. boosted its position in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 4.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,025 shares of the industrial products company’s stock after buying an additional 2,195 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Roper Technologies were worth $20,158,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in 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 valued at $5,553,932,000 after acquiring an additional 1,384,656 shares during the last quarter. State Street Corp grew its stake in shares of Roper Technologies by 2.1% in the 4th quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock worth $2,266,604,000 after purchasing an additional 105,250 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Roper Technologies by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after purchasing an additional 22,335 shares in the last quarter. Norges Bank bought a new stake in shares of Roper Technologies in the 4th quarter worth approximately $1,112,873,000. Finally, Invesco Ltd. lifted its stake in Roper Technologies by 11.0% during the fourth 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. 93.31% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on ROP. Royal Bank Of Canada upped their price target on Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. Robert W. Baird boosted their target price on Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Barclays reduced their target price on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a report on Friday, April 24th. Finally, Piper Sandler increased their price target on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, Roper Technologies has an average rating of “Hold” and an average target price of $472.07.
Roper Technologies Stock Performance
Shares of ROP stock opened at $355.94 on Friday. The company has a market capitalization of $35.92 billion, a price-to-earnings ratio of 22.23, a P/E/G ratio of 1.62 and a beta of 0.76. Roper Technologies, Inc. has a 1-year low of $305.96 and a 1-year high of $566.24. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. The stock’s fifty day simple moving average is $336.48 and its 200-day simple moving average is $360.92.
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.97 by $0.19. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The firm had revenue of $2.10 billion during the quarter. During the same period in the prior year, the company posted $4.78 earnings per share. The firm’s revenue was up 11.3% on a year-over-year basis. 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, sell-side analysts predict that Roper Technologies, Inc. will post 21.95 earnings per share for the current fiscal year.
Roper Technologies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, July 8th. Roper Technologies’s dividend payout ratio is 22.74%.
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.
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