Mitsubishi UFJ Asset Management Co. Ltd. trimmed its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 11.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,232,415 shares of the industrial products company’s stock after selling 152,674 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Roper Technologies were worth $535,534,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of ROP. Field & Main Bank purchased a new position in shares of Roper Technologies during the third quarter valued at about $25,000. Triumph Capital Management bought a new position in Roper Technologies during the third quarter valued at approximately $25,000. Board of the Pension Protection Fund purchased a new position in Roper Technologies during the 4th quarter valued at approximately $36,000. Quent Capital LLC purchased a new position in Roper Technologies during the 3rd quarter valued at approximately $37,000. Finally, Kelleher Financial Advisors bought a new stake in Roper Technologies in the 3rd quarter worth approximately $40,000. 93.31% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. JPMorgan Chase & Co. lowered their target price on Roper Technologies from $457.00 to $397.00 and set an “underweight” rating for the company in a research report on Wednesday, January 28th. Weiss Ratings cut shares of Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, March 11th. Robert W. Baird increased their price objective on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Oppenheimer reissued a “market perform” rating on shares of Roper Technologies in a research note on Wednesday, January 28th. Finally, Barclays reduced their target price on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $472.07.
Roper Technologies Stock Performance
NASDAQ ROP opened at $356.56 on Wednesday. The company has a market cap of $36.50 billion, a P/E ratio of 22.27, a P/E/G ratio of 1.62 and a beta of 0.81. The business’s 50 day moving average price is $354.25 and its 200-day moving average price is $400.34. Roper Technologies, Inc. has a fifty-two week low of $313.07 and a fifty-two week high of $584.03. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.49 and a current ratio of 0.53.
Roper Technologies (NASDAQ:ROP – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, topping the consensus estimate 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 during the quarter. During the same period in the previous year, the firm earned $4.78 earnings per share. The firm’s quarterly revenue 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. Sell-side analysts predict that Roper Technologies, Inc. will post 21.94 earnings per share for the current year.
Roper Technologies Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Investors of record on Monday, April 6th were given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Monday, April 6th. Roper Technologies’s dividend payout ratio is 22.74%.
Insider Transactions at Roper Technologies
In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. bought 1,400 shares of the company’s stock in a transaction on Friday, February 6th. The stock was acquired at an average price of $358.46 per share, for a total transaction of $501,844.00. Following the completion of the transaction, the director directly owned 1,400 shares of the company’s stock, valued at approximately $501,844. This represents a ? increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.80% of the stock is currently owned by insiders.
Roper Technologies Company Profile
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.
See Also
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