Meiji Yasuda Asset Management Co Ltd. Acquires New Stake in Roper Technologies, Inc. $ROP

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

Other institutional investors and hedge funds have also bought and sold shares of the company. Private Wealth Management Group LLC increased its position in shares of Roper Technologies by 195.8% during the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 47 shares during the last quarter. Triumph Capital Management purchased a new position in shares of Roper Technologies in the third quarter worth approximately $25,000. Edmond DE Rothschild Holding S.A. purchased a new position in shares of Roper Technologies in the second quarter worth approximately $27,000. Tucker Asset Management LLC bought a new stake in Roper Technologies during the fourth quarter valued at approximately $33,000. Finally, Global Assets Advisory LLC bought a new stake in Roper Technologies during the first quarter valued at approximately $36,000. 93.31% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP John K. Stipancich sold 2,000 shares of Roper Technologies stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $379.05, for a total transaction of $758,100.00. Following the completion of the sale, the executive vice president owned 35,634 shares of the company’s stock, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Richard F. Wallman sold 6,434 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $361.00, for a total value of $2,322,674.00. Following the completion of the sale, the director owned 7,423 shares of the company’s stock, valued at $2,679,703. The trade was a 46.43% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ROP. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $417.00 price target on shares of Roper Technologies in a research report on Tuesday, August 18th. JPMorgan Chase & Co. boosted their price objective on shares of Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research report on Wednesday, July 29th. Robert W. Baird set a $480.00 price objective on Roper Technologies in a research note on Friday, July 24th. BMO Capital Markets assumed coverage on Roper Technologies in a report on Friday, July 10th. They issued a “market perform” rating and a $393.00 target price on the stock. Finally, Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $466.94.

Roper Technologies Trading Up 0.9%

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

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

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a dividend of $0.91 per share. The ex-dividend date is Friday, October 2nd. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. Roper Technologies’s dividend payout ratio (DPR) is presently 15.08%.

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.