Rakuten Investment Management Inc. Invests $8.18 Million in Roper Technologies, Inc. $ROP

Rakuten Investment Management Inc. bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 24,429 shares of the industrial products company’s stock, valued at approximately $8,179,000.

Several other large investors have also added to or reduced their stakes in ROP. BlackRock Inc. bought a new position in Roper Technologies in the 2nd quarter worth $3,346,912,000. State Street Corp boosted its stake in shares of Roper Technologies by 2.1% during the 4th quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock valued at $2,266,604,000 after purchasing an additional 105,250 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Roper Technologies by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock valued at $1,172,099,000 after buying an additional 22,335 shares during the period. Norges Bank bought a new position in Roper Technologies in the fourth quarter worth about $1,112,873,000. Finally, Invesco Ltd. raised its stake in Roper Technologies by 11.0% in the fourth quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock worth $828,821,000 after buying an additional 184,644 shares in the last quarter. Institutional investors own 93.31% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Robert W. Baird set a $480.00 price objective on Roper Technologies in a report on Friday, July 24th. 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. Argus upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target for the company in a research note on Thursday, August 6th. JPMorgan Chase & Co. lifted their price target 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. Finally, Zacks Research lowered shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Roper Technologies presently has a consensus rating of “Hold” and a consensus price target of $466.94.

Insider Buying and Selling at Roper Technologies

In other news, Director Richard F. Wallman sold 6,434 shares of Roper Technologies stock in a transaction on 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 $2,679,703. This trade represents a 46.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of the company’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $379.05, for a total value 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 $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.80% of the company’s stock.

Roper Technologies Stock Up 0.8%

ROP stock opened at $426.20 on Friday. The company has a market cap of $42.15 billion, a price-to-earnings ratio of 17.66, a P/E/G ratio of 1.92 and a beta of 0.74. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. The business’s 50-day moving average is $375.96 and its two-hundred day moving average is $354.71. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $532.18.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings results 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. 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 during the quarter. During the same quarter in the prior year, the firm earned $4.87 earnings per share. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. 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, analysts forecast that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Dividend Announcement

The firm also recently declared 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 is Friday, October 2nd. This represents a $3.64 annualized dividend 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.