Hikari Power Ltd Purchases Shares of 60,000 Roper Technologies, Inc. $ROP

Hikari Power Ltd acquired a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 60,000 shares of the industrial products company’s stock, valued at approximately $20,303,000. Roper Technologies comprises about 2.4% of Hikari Power Ltd’s investment portfolio, making the stock its 8th largest position.

A number of other institutional investors have also recently made changes to their positions in ROP. Norges Bank bought a new stake in Roper Technologies in the 4th quarter worth approximately $1,112,873,000. Vanguard Group Inc. boosted its position in shares of Roper Technologies by 12.5% during the 4th quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock valued at $5,553,932,000 after acquiring an additional 1,384,656 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Roper Technologies by 206.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,339,710 shares of the industrial products company’s stock valued at $474,070,000 after purchasing an additional 903,223 shares in the last quarter. OpenArc Corporate Advisory LLC purchased a new position in shares of Roper Technologies in the fourth quarter valued at $367,567,000. Finally, Bank of New York Mellon Corp bought a new stake in Roper Technologies in the second quarter worth $184,372,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Analyst Upgrades and Downgrades

ROP has been the subject of several research reports. Barclays lowered their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. JPMorgan Chase & Co. upped their target price on shares of Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research report on Wednesday, July 29th. Royal Bank Of Canada increased their price target on shares of Roper Technologies from $407.00 to $417.00 and gave the company a “sector perform” rating in a report on Friday, July 24th. Mizuho set a $355.00 price target on Roper Technologies in a research report on Tuesday, July 21st. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Seven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Roper Technologies has an average rating of “Hold” and a consensus price target of $466.94.

Roper Technologies Price Performance

NASDAQ ROP opened at $399.34 on Monday. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57. The company has a fifty day moving average of $360.49 and a two-hundred day moving average of $351.26. The firm has a market capitalization of $39.49 billion, a price-to-earnings ratio of 16.54, a PEG ratio of 1.80 and a beta of 0.73. Roper Technologies, Inc. has a 52 week low of $305.96 and a 52 week high of $544.94.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating analysts’ consensus estimates of $5.29 by $0.09. The business had revenue of $2.11 billion for the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The company’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the firm earned $4.87 EPS. 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. On average, analysts predict that Roper Technologies, Inc. will post 22.22 earnings per share for the current year.

Roper Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd. Roper Technologies’s dividend payout ratio is 15.08%.

Insider Activity

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $361.00, for a total value of $2,322,674.00. Following the completion of the sale, the director owned 7,423 shares of the company’s stock, valued at $2,679,703. This trade represents a 46.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $379.05, for a total value of $758,100.00. Following the transaction, the executive vice president owned 35,634 shares of the company’s stock, valued at $13,507,067.70. This trade represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by company insiders.

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.