Roper Technologies, Inc. (NASDAQ:ROP) Receives $577.83 Consensus PT from Analysts

Shares of Roper Technologies, Inc. (NASDAQ:ROP) have received an average rating of “Moderate Buy” from the fourteen research firms that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation, eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $577.8333.

A number of research firms have issued reports on ROP. Oppenheimer reissued an “outperform” rating and set a $570.00 price target on shares of Roper Technologies in a research report on Thursday, October 23rd. Robert W. Baird set a $592.00 target price on Roper Technologies in a research report on Friday, October 24th. Barclays decreased their target price on Roper Technologies from $550.00 to $506.00 and set an “underweight” rating for the company in a research report on Monday. Citigroup assumed coverage on Roper Technologies in a research report on Wednesday, August 20th. They issued a “buy” rating and a $626.00 target price for the company. Finally, Truist Financial set a $650.00 target price on Roper Technologies in a research report on Friday, October 24th.

Roper Technologies Price Performance

ROP stock opened at $443.40 on Tuesday. The stock has a 50-day moving average price of $506.15 and a two-hundred day moving average price of $540.42. Roper Technologies has a 12-month low of $442.69 and a 12-month high of $595.17. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46. The company has a market cap of $47.71 billion, a PE ratio of 30.56, a price-to-earnings-growth ratio of 2.13 and a beta of 1.00.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.11 by $0.03. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same quarter in the previous year, the business earned $4.62 earnings per share. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS. FY 2025 guidance at 19.900-19.950 EPS. As a group, research analysts predict that Roper Technologies will post 19.96 EPS for the current year.

Roper Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Friday, October 3rd were given a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, October 3rd. Roper Technologies’s dividend payout ratio is presently 22.74%.

Hedge Funds Weigh In On Roper Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Roper Technologies in the second quarter valued at about $1,064,718,000. Nuveen LLC purchased a new position in Roper Technologies in the first quarter valued at about $894,764,000. Wellington Management Group LLP boosted its holdings in Roper Technologies by 92.3% in the first quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company’s stock valued at $826,030,000 after purchasing an additional 672,306 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Roper Technologies by 9.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company’s stock valued at $3,515,984,000 after purchasing an additional 500,764 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in Roper Technologies by 555.4% in the second quarter. Massachusetts Financial Services Co. MA now owns 542,110 shares of the industrial products company’s stock valued at $307,290,000 after purchasing an additional 459,396 shares during the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

About Roper Technologies

Roper Technologies, Inc designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations.