Roper Technologies, Inc. (NASDAQ:ROP) Receives $468.00 Average Price Target from Brokerages

Shares of Roper Technologies, Inc. (NASDAQ:ROP) have earned an average rating of “Hold” from the nineteen analysts that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $468.00.

Several brokerages recently issued reports on ROP. JPMorgan Chase & Co. lifted their target price on Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research note on Wednesday. BMO Capital Markets started coverage on Roper Technologies in a research note on Friday, July 10th. They issued a “market perform” rating and a $393.00 price target for the company. Piper Sandler cut their price objective on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a report on Friday, July 24th. Zacks Research cut shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Finally, Raymond James Financial downgraded shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd.

Insider Activity

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the completion of the transaction, the director owned 7,423 shares of the company’s stock, valued at $2,679,703. This represents a 46.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John K. Stipancich sold 2,000 shares of the firm’s stock in a transaction dated 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 approximately $13,507,067.70. The trade was 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 corporate insiders.

Institutional Trading of Roper Technologies

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Roper Technologies by 12.5% in the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock valued at $5,553,932,000 after purchasing an additional 1,384,656 shares in the last quarter. State Street Corp raised its stake in Roper Technologies by 2.1% during the fourth quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock valued at $2,266,604,000 after purchasing an additional 105,250 shares in the last quarter. Geode Capital Management LLC raised its stake in Roper Technologies by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock valued at $1,172,099,000 after purchasing an additional 22,335 shares in the last quarter. Norges Bank bought a new position in Roper Technologies during the fourth quarter valued at $1,112,873,000. Finally, Invesco Ltd. grew its stake in shares of Roper Technologies by 11.0% in the 4th quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock worth $828,821,000 after buying an additional 184,644 shares in the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

Roper Technologies Stock Performance

ROP opened at $391.97 on Thursday. The company has a 50 day simple moving average of $346.71 and a two-hundred day simple moving average of $352.91. 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 firm has a market cap of $39.56 billion, a P/E ratio of 16.24, a PEG ratio of 1.76 and a beta of 0.76. Roper Technologies has a 1-year low of $305.96 and a 1-year high of $556.23.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating the consensus estimate of $5.29 by $0.09. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The firm had revenue of $2.11 billion for the quarter. During the same quarter in the previous year, the business earned $4.87 earnings per share. The firm’s revenue for the quarter 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. Equities 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 was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were paid a $0.91 dividend. The ex-dividend date was Wednesday, July 8th. This represents a $3.64 annualized dividend and a yield of 0.9%. Roper Technologies’s payout ratio is presently 15.08%.

Roper Technologies Company 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.