Nomura Asset Management Co. Ltd. lifted its position in Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 2.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 111,449 shares of the industrial products company’s stock after purchasing an additional 3,001 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Roper Technologies were worth $49,609,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of ROP. Triumph Capital Management purchased a new stake in shares of Roper Technologies in the third quarter worth $25,000. Tucker Asset Management LLC purchased a new position in Roper Technologies during the fourth quarter valued at $33,000. Board of the Pension Protection Fund purchased a new position in Roper Technologies during the fourth quarter valued at $36,000. Kelleher Financial Advisors purchased a new position in Roper Technologies during the third quarter valued at $40,000. Finally, Cornerstone Planning Group LLC grew its stake in Roper Technologies by 36.8% during the third quarter. Cornerstone Planning Group LLC now owns 93 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 25 shares in the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities analysts recently weighed in on the stock. Weiss Ratings cut shares of Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, March 11th. Royal Bank Of Canada raised their target price on shares of Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Piper Sandler raised their target price on shares of Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Robert W. Baird raised their target price on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Finally, 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. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $472.07.
Roper Technologies Stock Performance
Shares of NASDAQ:ROP opened at $325.53 on Monday. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $576.49. The stock has a market capitalization of $32.85 billion, a P/E ratio of 20.33, a PEG ratio of 1.48 and a beta of 0.77. The firm has a fifty day simple moving average of $345.25 and a two-hundred day simple moving average of $382.47. 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 – Get Free Report) last released its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.97 by $0.19. The firm had revenue of $2.10 billion during the quarter. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. Roper Technologies’s revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the business posted $4.78 EPS. 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. On average, analysts expect that Roper Technologies, Inc. will post 21.94 earnings per share for the current fiscal year.
Roper Technologies Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Wednesday, July 8th. Roper Technologies’s dividend payout ratio (DPR) is 22.74%.
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.
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