Roper Technologies, Inc. (NASDAQ:ROP) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Roper Technologies, Inc. (NASDAQ:ROP) have been given an average rating of “Moderate Buy” by the fifteen ratings firms that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $579.5385.

ROP has been the subject of a number of analyst reports. Piper Sandler started coverage on shares of Roper Technologies in a research note on Thursday. They set an “overweight” rating and a $600.00 target price for the company. Barclays cut their price target on Roper Technologies from $550.00 to $506.00 and set an “underweight” rating on the stock in a research note on Monday, October 27th. TD Cowen lowered their price objective on Roper Technologies from $650.00 to $625.00 and set a “buy” rating for the company in a research note on Friday, October 24th. Mizuho cut their target price on Roper Technologies from $600.00 to $510.00 and set a “neutral” rating on the stock in a research note on Friday, October 17th. Finally, Jefferies Financial Group lowered their price target on Roper Technologies from $685.00 to $650.00 and set a “buy” rating for the company in a research report on Thursday, October 23rd.

Roper Technologies Price Performance

ROP opened at $443.75 on Friday. 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 $47.76 billion, a price-to-earnings ratio of 30.58, a price-to-earnings-growth ratio of 2.13 and a beta of 0.98. The stock has a fifty day simple moving average of $481.55 and a two-hundred day simple moving average of $528.06. Roper Technologies has a 12-month low of $435.42 and a 12-month high of $595.17.

Roper Technologies (NASDAQ:ROP) last released its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.11 by $0.03. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The firm had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the prior year, the firm earned $4.62 EPS. The company’s 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. Research analysts predict that Roper Technologies will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 2nd will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 0.8%. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Friday, January 2nd. Roper Technologies’s dividend payout ratio is presently 25.09%.

Insider Buying and Selling

In other Roper Technologies news, Director Amy Woods Brinkley bought 1,200 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were acquired at an average cost of $450.71 per share, for a total transaction of $540,852.00. Following the purchase, the director owned 18,184 shares in the company, valued at approximately $8,195,710.64. This trade represents a 7.07% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Laurence Neil Hunn purchased 10,000 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The stock was acquired at an average price of $452.23 per share, with a total value of $4,522,300.00. Following the purchase, the chief executive officer directly owned 97,311 shares of the company’s stock, valued at approximately $44,006,953.53. The trade was a 11.45% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.78% of the company’s stock.

Institutional Investors Weigh In On Roper Technologies

A number of hedge funds have recently added to or reduced their stakes in ROP. Saudi Central Bank bought a new stake in shares of Roper Technologies in the first quarter worth $25,000. Banque Transatlantique SA bought a new stake in shares of Roper Technologies during the 1st quarter valued at about $25,000. Field & Main Bank bought a new stake in shares of Roper Technologies during the 3rd quarter valued at about $25,000. Triumph Capital Management purchased a new stake in shares of Roper Technologies during the 3rd quarter valued at about $25,000. Finally, Asset Dedication LLC boosted its holdings in shares of Roper Technologies by 800.0% in the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock worth $26,000 after buying an additional 40 shares during the last quarter. 93.31% of the stock is currently 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.