Roper Technologies, Inc. (NASDAQ:ROP) Stock Has Average Price Target of $466.94

Roper Technologies, Inc. (NASDAQ:ROP) has earned a consensus recommendation of “Hold” from the nineteen brokerages that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $466.94.

ROP has been the topic of a number of recent research reports. Piper Sandler reduced their target price on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Robert W. Baird set a $480.00 price target on shares of Roper Technologies in a research report on Friday, July 24th. JPMorgan Chase & Co. upped their price objective on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a report on Wednesday, July 29th. Mizuho set a $355.00 target price on shares of Roper Technologies in a research note on Tuesday, July 21st. Finally, BMO Capital Markets began coverage on shares of Roper Technologies in a report on Friday, July 10th. They set a “market perform” rating and a $393.00 target price for the company.

Insider Buying and Selling

In other Roper Technologies news, Director Richard Wallman sold 6,434 shares of the business’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $361.00, for a total value of $2,322,674.00. Following the sale, the director directly owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. The trade was a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John Stipancich sold 2,000 shares of the business’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $379.05, for a total value of $758,100.00. Following the completion of the sale, the executive vice president directly owned 35,634 shares in the company, valued at $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is owned by company insiders.

Institutional Trading of Roper Technologies

Institutional investors and hedge funds have recently bought and sold shares of the company. CX Institutional purchased a new stake in shares of Roper Technologies during the 3rd quarter worth approximately $451,000. Versant Capital Management Inc bought a new position in Roper Technologies during the third quarter valued at $84,000. Roxbury Financial LLC bought a new position in Roper Technologies during the third quarter valued at $223,000. Burkett Financial Services LLC purchased a new position in shares of Roper Technologies in the 3rd quarter worth $55,000. Finally, Anchor Investment Management LLC increased its holdings in shares of Roper Technologies by 49.8% in the 2nd quarter. Anchor Investment Management LLC now owns 433 shares of the industrial products company’s stock worth $147,000 after buying an additional 144 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors.

Roper Technologies Stock Up 0.1%

ROP stock opened at $382.71 on Tuesday. Roper Technologies has a fifty-two week low of $305.96 and a fifty-two week high of $519.10. The business’s 50 day moving average price is $386.69 and its two-hundred day moving average price is $362.62. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. The company has a market capitalization of $37.85 billion, a price-to-earnings ratio of 15.85, a price-to-earnings-growth ratio of 1.91 and a beta of 0.75.

Roper Technologies (NASDAQ:ROP) last announced its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.29 by $0.09. The firm had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%. The firm’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the company posted $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. As a group, 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 paid a $0.91 dividend. The ex-dividend date is Friday, October 2nd. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio is presently 15.08%.

About Roper Technologies

Roper Technologies, Inc is a diversified technology company that develops and acquires businesses offering specialized software and engineered products. Its portfolio is focused on markets where customers rely on mission-critical applications, data, workflow management and specialized equipment.

The company’s software businesses provide solutions for industries and functions including healthcare, education, legal services, construction, government, insurance and other professional markets.