Dai ichi Life Insurance Company Ltd Reduces Stock Position in Roper Technologies, Inc. $ROP

Dai ichi Life Insurance Company Ltd cut its stake in Roper Technologies, Inc. (NASDAQ:ROPFree Report) by 9.6% in the first quarter, HoldingsChannel.com reports. The fund owned 26,559 shares of the industrial products company’s stock after selling 2,816 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in Roper Technologies were worth $9,398,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in ROP. Brown Brothers Harriman & Co. boosted its holdings in Roper Technologies by 1.0% in the third quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock worth $1,115,000 after purchasing an additional 23 shares during the last quarter. SeaCrest Wealth Management LLC raised its stake in Roper Technologies by 6.2% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock valued at $223,000 after buying an additional 25 shares during the last quarter. Gulf International Bank UK Ltd lifted its holdings in shares of Roper Technologies by 0.5% during the 4th quarter. Gulf International Bank UK Ltd now owns 5,377 shares of the industrial products company’s stock valued at $2,393,000 after buying an additional 29 shares during the period. Paragon Capital Management Inc. lifted its holdings in shares of Roper Technologies by 0.9% during the 1st quarter. Paragon Capital Management Inc. now owns 3,200 shares of the industrial products company’s stock valued at $1,132,000 after buying an additional 29 shares during the period. Finally, Sendero Wealth Management LLC boosted its stake in shares of Roper Technologies by 6.4% in the 4th quarter. Sendero Wealth Management LLC now owns 513 shares of the industrial products company’s stock worth $228,000 after buying an additional 31 shares during the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ROP has been the subject of a number of research reports. BMO Capital Markets assumed coverage on Roper Technologies in a research report on Friday, July 10th. They set a “market perform” rating and a $393.00 price objective for the company. Mizuho set a $355.00 price target on Roper Technologies in a research note on Tuesday. Zacks Research lowered shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Piper Sandler lowered their price objective on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research note on Friday. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Roper Technologies in a report on Monday, June 8th. Six equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $466.88.

Check Out Our Latest Stock Report on Roper Technologies

More Roper Technologies News

Here are the key news stories impacting Roper Technologies this week:

Roper Technologies Price Performance

Shares of Roper Technologies stock opened at $367.34 on Friday. The stock has a market cap of $37.07 billion, a P/E ratio of 15.22, a P/E/G ratio of 1.60 and a beta of 0.76. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.49 and a current ratio of 0.55. The stock’s fifty day moving average is $340.29 and its 200 day moving average is $354.44. Roper Technologies, Inc. has a one year low of $305.96 and a one year high of $564.68.

Roper Technologies (NASDAQ:ROPGet Free Report) 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 the consensus estimate 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 period in the prior year, the firm posted $4.87 EPS. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. 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. Sell-side analysts anticipate that Roper Technologies, Inc. will post 22.23 earnings per share for the current year.

Roper Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were paid a dividend of $0.91 per share. The ex-dividend date was Wednesday, July 8th. This represents a $3.64 dividend on an annualized basis and a yield of 1.0%. Roper Technologies’s dividend payout ratio (DPR) is presently 22.74%.

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.

Featured Articles

Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NASDAQ:ROPFree Report).

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

Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.