Roper Technologies (NASDAQ:ROP) Price Target Cut to $526.00 by Analysts at Piper Sandler

Roper Technologies (NASDAQ:ROPFree Report) had its target price cut by Piper Sandler from $540.00 to $526.00 in a research report report published on Friday morning, Marketbeat Ratings reports. They currently have an overweight rating on the industrial products company’s stock.

Other equities analysts have also issued research reports about the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Roper Technologies in a research report on Monday, June 8th. Raymond James Financial downgraded shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday. BMO Capital Markets initiated coverage on shares of Roper Technologies in a research note on Friday, July 10th. They issued a “market perform” rating and a $393.00 target price for the company. Mizuho set a $355.00 target price on Roper Technologies in a research report on Tuesday. Finally, Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Six equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Roper Technologies has an average rating of “Hold” and a consensus price target of $466.88.

Get Our Latest Stock Analysis on ROP

Roper Technologies Stock Performance

Shares of ROP opened at $367.34 on Friday. The company has a market capitalization of $37.07 billion, a PE ratio of 15.22, a price-to-earnings-growth ratio of 1.60 and a beta of 0.76. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.49. Roper Technologies has a one year low of $305.96 and a one year high of $564.68. The company’s fifty day moving average price is $340.29 and its 200 day moving average price is $354.44.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, topping analysts’ consensus estimates of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The business had revenue of $2.11 billion for the quarter. During the same quarter in the previous year, the firm posted $4.87 earnings per share. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. 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 expect that Roper Technologies will post 22.23 earnings per share for the current year.

Roper Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, July 8th. Roper Technologies’s payout ratio is 22.74%.

Hedge Funds Weigh In On Roper Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Triumph Capital Management bought a new stake in Roper Technologies during the 3rd quarter worth approximately $25,000. Private Wealth Management Group LLC lifted its holdings in shares of Roper Technologies by 195.8% in the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 47 shares in the last quarter. Tucker Asset Management LLC acquired a new position in shares of Roper Technologies during the fourth quarter worth about $33,000. Kelleher Financial Advisors bought a new position in shares of Roper Technologies during the third quarter worth about $40,000. Finally, MV Capital Management Inc. acquired a new stake in Roper Technologies in the 4th quarter valued at approximately $41,000. Institutional investors own 93.31% of the company’s stock.

Key Headlines Impacting Roper Technologies

Here are the key news stories impacting Roper Technologies this week:

Roper Technologies Company Profile

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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.

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Analyst Recommendations for Roper Technologies (NASDAQ:ROP)

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