Roper Technologies (NASDAQ:ROP) Price Target Lowered to $530.00 at Piper Sandler

Roper Technologies (NASDAQ:ROP) had its price target trimmed by Piper Sandler from $600.00 to $530.00 in a research note released on Tuesday, MarketBeat reports. The brokerage currently has an overweight rating on the industrial products company’s stock.

ROP has been the topic of a number of other research reports. Jefferies Financial Group cut their price objective on shares of Roper Technologies from $650.00 to $600.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Roper Technologies in a research note on Friday, October 31st. Mizuho reissued an “underperform” rating and issued a $419.00 target price (down from $510.00) on shares of Roper Technologies in a research note on Monday, January 5th. Truist Financial set a $650.00 target price on shares of Roper Technologies in a report on Friday, October 24th. Finally, Stifel Nicolaus set a $550.00 price target on shares of Roper Technologies in a research note on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $557.07.

Roper Technologies Stock Down 1.4%

Roper Technologies stock opened at $426.36 on Tuesday. The firm has a market capitalization of $45.89 billion, a price-to-earnings ratio of 29.38, a PEG ratio of 2.02 and a beta of 0.94. The company’s 50 day simple moving average is $444.36 and its 200 day simple moving average is $494.74. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53. Roper Technologies has a fifty-two week low of $420.42 and a fifty-two week high of $595.17.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, topping the consensus estimate 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 return on equity of 10.92% and a net margin of 20.34%.The firm’s revenue was up 14.3% compared to the same quarter last year. During the same quarter last year, the business posted $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, sell-side analysts anticipate that Roper Technologies will post 19.96 EPS for the current year.

Roper Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 2nd will be issued a dividend of $0.91 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $3.64 annualized dividend and a yield of 0.9%. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s payout ratio is 25.09%.

Insider Buying and Selling at Roper Technologies

In related news, Director Amy Woods Brinkley bought 1,200 shares of Roper Technologies stock in a transaction that occurred on 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 owned 18,184 shares of the company’s stock, valued at approximately $8,195,710.64. This represents a 7.07% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Laurence Neil Hunn sold 30,000 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 87,311 shares in the company, valued at approximately $38,728,540.27. This represents a 25.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.87% of the stock is owned by insiders.

Hedge Funds Weigh In On Roper Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the company. Asset Dedication LLC lifted its holdings in Roper Technologies by 800.0% during the 2nd quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 40 shares during the last quarter. Field & Main Bank bought a new position in Roper Technologies during the 3rd quarter worth $25,000. Triumph Capital Management acquired a new stake in shares of Roper Technologies during the third quarter worth $25,000. Vermillion & White Wealth Management Group LLC boosted its position in shares of Roper Technologies by 89.3% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 25 shares during the period. Finally, CoreFirst Bank & Trust acquired a new position in shares of Roper Technologies in the second quarter valued at about $39,000. Institutional investors and hedge funds own 93.31% of the company’s stock.

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.