Meiji Yasuda Asset Management Co Ltd. Has $5.81 Million Stock Holdings in Roper Technologies, Inc. $ROP

Meiji Yasuda Asset Management Co Ltd. lessened its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) by 19.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 13,046 shares of the industrial products company’s stock after selling 3,146 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Roper Technologies were worth $5,807,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Field & Main Bank acquired a new stake in shares of Roper Technologies during the 3rd quarter worth about $25,000. Triumph Capital Management acquired a new stake in shares of Roper Technologies during the 3rd quarter worth about $25,000. Tucker Asset Management LLC acquired a new stake in shares of Roper Technologies during the 4th quarter worth about $33,000. Board of the Pension Protection Fund acquired a new stake in shares of Roper Technologies during the 4th quarter worth about $36,000. Finally, Kelleher Financial Advisors acquired a new stake in shares of Roper Technologies during the 3rd quarter worth about $40,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Roper Technologies Price Performance

Shares of Roper Technologies stock opened at $324.08 on Friday. Roper Technologies, Inc. has a twelve month low of $305.96 and a twelve month high of $576.55. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.52. The company has a 50-day simple moving average of $348.64 and a two-hundred day simple moving average of $387.75. The stock has a market capitalization of $32.71 billion, a price-to-earnings ratio of 20.24, a price-to-earnings-growth ratio of 1.47 and a beta of 0.81.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share 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 business had revenue of $2.10 billion during the quarter. During the same quarter last year, the firm earned $4.78 EPS. Roper Technologies’s revenue for the quarter 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. Analysts forecast that Roper Technologies, Inc. will post 21.94 EPS for the current year.

Roper Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, July 8th. Roper Technologies’s dividend payout ratio (DPR) is currently 22.74%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Barclays cut their target price on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research note on Friday, April 24th. The Goldman Sachs Group dropped their price objective on shares of Roper Technologies from $507.00 to $440.00 and set a “neutral” rating for the company in a research note on Thursday, January 29th. Stifel Nicolaus reiterated a “hold” rating and issued a $385.00 price objective (down from $550.00) on shares of Roper Technologies in a research note on Tuesday, January 27th. JPMorgan Chase & Co. dropped their price objective on shares of Roper Technologies from $457.00 to $397.00 and set an “underweight” rating for the company in a research note on Wednesday, January 28th. Finally, Citigroup dropped their price objective on shares of Roper Technologies from $575.00 to $450.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $472.07.

Roper Technologies 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.