Roper Technologies, Inc. (NASDAQ:ROP) Receives $472.07 Average Price Target from Analysts

Shares of Roper Technologies, Inc. (NASDAQ:ROPGet Free Report) have been assigned an average recommendation of “Hold” from the eighteen analysts that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $472.0667.

A number of brokerages have recently commented on ROP. Royal Bank Of Canada upped their price target on Roper Technologies from $393.00 to $407.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Barclays decreased their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a report on Friday, April 24th. Piper Sandler increased their target price on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Robert W. Baird boosted their price target on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Zacks Research cut shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th.

Check Out Our Latest Stock Report on ROP

Hedge Funds Weigh In On Roper Technologies

Several hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Roper Technologies by 12.5% during the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after purchasing an additional 1,384,656 shares during the last quarter. State Street Corp lifted its position in Roper Technologies by 2.1% during the 4th quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock worth $2,266,604,000 after buying an additional 105,250 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Roper Technologies by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock worth $1,172,099,000 after buying an additional 22,335 shares during the last quarter. Norges Bank acquired a new position in shares of Roper Technologies during the 4th quarter worth about $1,112,873,000. Finally, Invesco Ltd. grew its holdings in shares of Roper Technologies by 11.0% in the 4th quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock valued at $828,821,000 after acquiring an additional 184,644 shares in the last quarter. 93.31% of the stock is owned by institutional investors.

Roper Technologies Stock Down 0.1%

Shares of ROP opened at $363.76 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average price of $336.39 and a two-hundred day moving average price of $362.22. The stock has a market cap of $36.71 billion, a price-to-earnings ratio of 22.72, a P/E/G ratio of 1.66 and a beta of 0.76. Roper Technologies has a 12 month low of $305.96 and a 12 month high of $571.36.

Roper Technologies (NASDAQ:ROPGet Free Report) last announced its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, beating analysts’ consensus estimates of $4.97 by $0.19. The company had revenue of $2.10 billion during the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The business’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the business posted $4.78 earnings per share. Roper Technologies has set its Q2 2026 guidance at 5.250-5.30 EPS and its FY 2026 guidance at 21.800-22.050 EPS. Equities analysts predict that Roper Technologies will post 21.95 EPS for the current fiscal year.

Roper Technologies Announces Dividend

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

About Roper Technologies

(Get Free Report)

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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