Roper Technologies (NASDAQ:ROP) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Roper Technologies, Inc. (NASDAQ:ROP)’s stock price passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $361.48 and traded as high as $363.77. Roper Technologies shares last traded at $363.38, with a volume of 712,153 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts have weighed in on ROP shares. Argus raised Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price on the stock in a report on Thursday, August 6th. Robert W. Baird set a $480.00 price objective on Roper Technologies in a research note on Friday, July 24th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $417.00 target price on shares of Roper Technologies in a research report on Tuesday, August 18th. Zacks Research cut shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Finally, Raymond James Financial lowered shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $466.94.

Roper Technologies Trading Down 1.0%

The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. The firm’s 50-day moving average is $390.85 and its 200 day moving average is $361.56. The firm has a market capitalization of $35.46 billion, a price-to-earnings ratio of 14.85, a P/E/G ratio of 1.82 and a beta of 0.75.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings results 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. The company had revenue of $2.11 billion for the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. Roper Technologies’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the firm posted $4.87 EPS. 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. On average, equities analysts predict that Roper Technologies, Inc. will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be paid a $0.91 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. Roper Technologies’s dividend payout ratio is presently 15.08%.

Insider Buying and Selling

In other news, Director Richard F. Wallman sold 6,434 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $361.00, for a total value of $2,322,674.00. Following the transaction, the director owned 7,423 shares in the company, valued at approximately $2,679,703. The trade was a 46.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John K. Stipancich sold 2,000 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction of $758,100.00. Following the sale, the executive vice president owned 35,634 shares of the company’s stock, valued at approximately $13,507,067.70. This trade represents a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. CX Institutional bought a new stake in shares of Roper Technologies during the 3rd quarter valued at about $451,000. Versant Capital Management Inc acquired a new stake in shares of Roper Technologies during the 3rd quarter worth approximately $84,000. Roxbury Financial LLC bought a new stake in shares of Roper Technologies in the 3rd quarter valued at $223,000. Burkett Financial Services LLC acquired a new position in shares of Roper Technologies during the 3rd quarter valued at $55,000. Finally, Anchor Investment Management LLC boosted its stake in Roper Technologies by 49.8% during the second quarter. Anchor Investment Management LLC now owns 433 shares of the industrial products company’s stock worth $147,000 after acquiring an additional 144 shares in the last quarter. 93.31% of the stock is owned by institutional investors.

About Roper Technologies

Roper Technologies, Inc is a diversified technology company that develops and acquires businesses offering specialized software and engineered products. Its portfolio is focused on markets where customers rely on mission-critical applications, data, workflow management and specialized equipment.

The company’s software businesses provide solutions for industries and functions including healthcare, education, legal services, construction, government, insurance and other professional markets.