Brokerages Set Roper Technologies, Inc. (NASDAQ:ROP) Price Target at $466.94

Roper Technologies, Inc. (NASDAQ:ROP) has been given a consensus recommendation of “Hold” by the nineteen research firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $466.9412.

ROP has been the subject of several research reports. Piper Sandler reduced their price target on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Zacks Research lowered shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $417.00 price objective on shares of Roper Technologies in a report on Tuesday, August 18th. Robert W. Baird set a $480.00 price target on Roper Technologies in a research note on Friday, July 24th. Finally, Weiss Ratings raised Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 14th.

Roper Technologies Price Performance

Shares of NASDAQ ROP opened at $372.74 on Friday. The company’s fifty day simple moving average is $391.02 and its 200 day simple moving average is $361.28. Roper Technologies has a 12-month low of $305.96 and a 12-month high of $521.28. The firm has a market cap of $36.86 billion, a PE ratio of 15.44, a P/E/G ratio of 1.86 and a beta of 0.75. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57.

Roper Technologies (NASDAQ:ROP) last issued its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating analysts’ consensus estimates 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 period in the previous year, the firm earned $4.87 earnings per share. The business’s quarterly revenue was up 8.5% on a year-over-year basis. 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. As a group, sell-side analysts forecast that Roper Technologies will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a dividend of $0.91 per share. The ex-dividend date is Friday, October 2nd. This represents a $3.64 annualized dividend and a yield of 1.0%. Roper Technologies’s dividend payout ratio is 15.08%.

Insiders Place Their Bets

In other news, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction on 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 in the company, valued at $2,679,703. This represents a 46.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $379.05, for a total transaction of $758,100.00. Following the completion of the sale, the executive vice president owned 35,634 shares of the company’s stock, valued at approximately $13,507,067.70. This represents a 5.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Roper Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Roper Technologies during the second quarter valued at approximately $3,346,912,000. Geode Capital Management LLC boosted its position in Roper Technologies by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after purchasing an additional 22,335 shares during the last quarter. Norges Bank bought a new position in Roper Technologies in the 4th quarter valued at $1,112,873,000. Wellington Management Group LLP bought a new position in Roper Technologies in the 2nd quarter valued at $890,328,000. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Roper Technologies by 206.9% during the 1st 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 during the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Company Profile

Roper Technologies, Inc (NASDAQ:ROP) is a diversified technology company that develops and operates specialized businesses serving niche markets. Its portfolio primarily consists of software and technology-enabled businesses that provide products and services to commercial, government, healthcare, education, and other professional customers.

The company’s activities include vertical-market software, network and data-management software, and technology-enabled products. Its software businesses support functions such as healthcare operations, education administration, construction and engineering, legal and professional services, and enterprise workflow management.