Roper Technologies, Inc. $ROP Shares Bought by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. lifted its holdings in Roper Technologies, Inc. (NASDAQ:ROP) by 4.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 57,025 shares of the industrial products company’s stock after buying an additional 2,195 shares during the quarter. Resona Asset Management Co. Ltd. owned approximately 0.06% of Roper Technologies worth $20,158,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Vanguard Group Inc. raised its stake in Roper Technologies by 12.5% during the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after acquiring an additional 1,384,656 shares during the period. State Street Corp boosted its stake in Roper Technologies by 2.1% in the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock valued at $2,266,604,000 after acquiring an additional 105,250 shares during the period. Geode Capital Management LLC grew its holdings 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 purchasing an additional 22,335 shares during the last quarter. Norges Bank acquired a new stake in shares of Roper Technologies during the 4th quarter worth approximately $1,112,873,000. Finally, Invesco Ltd. raised its position in shares of Roper Technologies by 11.0% during the 4th quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock worth $828,821,000 after purchasing an additional 184,644 shares during the period. Institutional investors own 93.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ROP shares. Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a research report on Monday, June 8th. Piper Sandler increased their target price on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Royal Bank Of Canada raised their target price on Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Robert W. Baird upped their price target on shares of Roper Technologies from $464.00 to $470.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Finally, Barclays dropped their price objective 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. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $472.07.

Roper Technologies Stock Performance

ROP stock opened at $355.94 on Friday. The company has a market capitalization of $35.92 billion, a P/E ratio of 22.23, a PEG ratio of 1.62 and a beta of 0.76. The company has a 50-day simple moving average of $336.48 and a 200 day simple moving average of $360.92. Roper Technologies, Inc. has a fifty-two week low of $305.96 and a fifty-two week high of $566.24. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.52.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, beating 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 firm had revenue of $2.10 billion for the quarter. During the same period in the previous year, the business posted $4.78 EPS. The firm’s quarterly revenue was up 11.3% on a year-over-year basis. 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 21.95 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, July 8th. Roper Technologies’s dividend payout ratio (DPR) is currently 22.74%.

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.