Roper Technologies, Inc. (NASDAQ:ROP) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Roper Technologies, Inc. (NASDAQ:ROPGet Free Report) has earned an average recommendation of “Moderate Buy” from the fifteen research firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $577.1538.

A number of brokerages have recently commented on ROP. Royal Bank Of Canada downgraded Roper Technologies from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from $644.00 to $539.00 in a research report on Monday, October 27th. 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 report on Friday, October 17th. Robert W. Baird set a $592.00 target price on Roper Technologies in a report on Friday, October 24th. Piper Sandler assumed coverage on Roper Technologies in a research note on Thursday, November 20th. They issued an “overweight” rating and a $600.00 price target on the stock. Finally, Citigroup started coverage on Roper Technologies in a report on Wednesday, August 20th. They set a “buy” rating and a $626.00 price objective on the stock.

Get Our Latest Stock Report on ROP

Insider Buying and Selling

In other Roper Technologies news, CEO Laurence Neil Hunn sold 30,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $443.57, for a total transaction of $13,307,100.00. Following the sale, the chief executive officer directly owned 87,311 shares of the company’s stock, valued at $38,728,540.27. The trade was a 25.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Amy Woods Brinkley bought 1,200 shares of Roper Technologies stock in a transaction dated Wednesday, November 12th. The stock was acquired at an average price of $450.71 per share, with a total value of $540,852.00. Following the acquisition, the director directly owned 18,184 shares of the company’s stock, valued at approximately $8,195,710.64. This represents a 7.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.87% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ROP. Brighton Jones LLC acquired a new stake in shares of Roper Technologies in the fourth quarter worth about $203,000. Aberdeen Group plc increased its holdings in shares of Roper Technologies by 0.7% during the 1st quarter. Aberdeen Group plc now owns 30,357 shares of the industrial products company’s stock valued at $17,656,000 after acquiring an additional 215 shares during the last quarter. Northwest & Ethical Investments L.P. raised its stake in shares of Roper Technologies by 130.8% in the 1st quarter. Northwest & Ethical Investments L.P. now owns 997 shares of the industrial products company’s stock valued at $587,000 after acquiring an additional 565 shares in the last quarter. Brooklyn Investment Group lifted its holdings in Roper Technologies by 10.5% in the 1st quarter. Brooklyn Investment Group now owns 989 shares of the industrial products company’s stock worth $583,000 after purchasing an additional 94 shares during the last quarter. Finally, Watts Gwilliam & Co. LLC bought a new stake in Roper Technologies during the first quarter worth approximately $251,000. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Price Performance

Shares of NASDAQ ROP opened at $443.78 on Wednesday. Roper Technologies has a twelve month low of $435.42 and a twelve 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 firm has a 50-day moving average of $461.59 and a two-hundred day moving average of $512.13. The company has a market capitalization of $47.77 billion, a price-to-earnings ratio of 30.58, a PEG ratio of 2.23 and a beta of 0.94.

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

Roper Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be given a $0.91 dividend. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, January 2nd. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. Roper Technologies’s payout ratio is currently 22.74%.

About Roper Technologies

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Roper Technologies (NASDAQ:ROP)

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