Piper Sandler Cuts Roper Technologies (NASDAQ:ROP) Price Target to $526.00

Roper Technologies (NASDAQ:ROPFree Report) had its price target lowered by Piper Sandler from $540.00 to $526.00 in a report issued on Friday morning, MarketBeat reports. The firm currently has an overweight rating on the industrial products company’s stock.

ROP has been the subject of several other research reports. BMO Capital Markets initiated coverage on shares of Roper Technologies in a report on Friday, July 10th. They issued a “market perform” rating and a $393.00 price target for the company. Raymond James Financial lowered shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday. Robert W. Baird boosted their price objective on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Barclays lowered their target price on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a report on Friday, April 24th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Six research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, Roper Technologies has a consensus rating of “Hold” and a consensus price target of $466.88.

Check Out Our Latest Stock Analysis on ROP

Roper Technologies Stock Performance

NASDAQ:ROP opened at $367.34 on Friday. Roper Technologies has a fifty-two week low of $305.96 and a fifty-two week high of $564.68. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51. The stock has a market capitalization of $37.07 billion, a PE ratio of 15.22, a price-to-earnings-growth ratio of 1.65 and a beta of 0.76. The business’s 50-day simple moving average is $340.29 and its 200-day simple moving average is $353.90.

Roper Technologies (NASDAQ:ROPGet Free Report) last issued its quarterly earnings data 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 quarter in the prior year, the firm posted $4.87 earnings per share. Roper Technologies’s revenue for the quarter was up 8.5% compared to the same quarter last year. 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 expect that Roper Technologies will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were issued a $0.91 dividend. The ex-dividend date was Wednesday, July 8th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio (DPR) is 15.08%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Private Wealth Management Group LLC lifted its position in Roper Technologies by 195.8% during the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after buying an additional 47 shares in the last quarter. Triumph Capital Management bought a new position in shares of Roper Technologies in the 3rd quarter valued at about $25,000. Tucker Asset Management LLC bought a new position in shares of Roper Technologies in the 4th quarter valued at about $33,000. Global Assets Advisory LLC acquired a new stake in shares of Roper Technologies in the first quarter valued at about $36,000. Finally, Kelleher Financial Advisors acquired a new stake in shares of Roper Technologies in the third quarter valued at about $40,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

Key Roper Technologies News

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

About Roper Technologies

(Get 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.

Recommended Stories

Analyst Recommendations 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.