Roper Technologies, Inc. (NASDAQ:ROP) Stock Has Consensus Target Price of $466.94 According to Brokerages

Shares of Roper Technologies, Inc. (NASDAQ:ROP) have received a consensus rating of “Hold” from the nineteen ratings firms that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $466.94.

A number of research analysts recently commented on ROP shares. JPMorgan Chase & Co. lifted their price target on Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 29th. Robert W. Baird set a $480.00 price objective on Roper Technologies in a research note on Friday, July 24th. Argus upgraded Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price for the company in a report on Thursday, August 6th. Piper Sandler cut their target price on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Finally, Weiss Ratings upgraded Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 14th.

Insider Transactions at Roper Technologies

In related news, 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 value of $758,100.00. Following the sale, the executive vice president directly owned 35,634 shares of the company’s stock, valued at $13,507,067.70. This represents a 5.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the completion of 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 position. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Roper Technologies

Hedge funds and other institutional investors have recently modified their holdings of the business. Private Wealth Management Group LLC lifted its stake in shares of 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 acquiring an additional 47 shares during the last quarter. Edmond DE Rothschild Holding S.A. purchased a new position in Roper Technologies during the 2nd quarter valued at $27,000. Global Assets Advisory LLC bought a new position in Roper Technologies in the 1st quarter valued at $36,000. BOK Financial Private Wealth Inc. bought a new position in Roper Technologies in the 2nd quarter valued at $36,000. Finally, MV Capital Management Inc. bought a new position in Roper Technologies in the 4th quarter valued at $41,000. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

Roper Technologies Trading Up 2.6%

Shares of ROP opened at $382.45 on Tuesday. The stock has a market capitalization of $37.82 billion, a PE ratio of 15.84, a P/E/G ratio of 1.86 and a beta of 0.75. The company’s fifty day moving average is $387.08 and its 200 day moving average is $362.47. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.51 and a current ratio of 0.55. Roper Technologies has a fifty-two week low of $305.96 and a fifty-two week high of $519.10.

Roper Technologies (NASDAQ:ROP) last released 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 business had revenue of $2.11 billion during the quarter. During the same quarter last year, the business earned $4.87 EPS. 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 company also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be paid a $0.91 dividend. The ex-dividend date of this dividend 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 currently 15.08%.

Roper Technologies Company Profile

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.