Roper Technologies, Inc. (NASDAQ:ROP) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Roper Technologies has received a consensus rating of "Moderate Buy" from twelve analysts, with an average price target of $635.27.
• The company reported $4.87 earnings per share, exceeding analysts' expectations, and set its FY 2025 earnings guidance at 19.90-20.05 EPS.
• Roper Technologies is also set to pay a quarterly dividend of $0.825 on October 17th, representing an annual yield of 0.7%.

Shares of Roper Technologies, Inc. (NASDAQ:ROP - Get Free Report) have received an average rating of "Moderate Buy" from the twelve ratings firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $635.2727.

Several research analysts have commented on the company. JPMorgan Chase & Co. raised their price objective on Roper Technologies from $561.00 to $577.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. Truist Financial raised their price objective on Roper Technologies from $675.00 to $685.00 and gave the company a "buy" rating in a research report on Tuesday, July 22nd. Royal Bank Of Canada raised their price objective on Roper Technologies from $695.00 to $703.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd. Citigroup assumed coverage on Roper Technologies in a research report on Wednesday, August 20th. They issued a "buy" rating and a $626.00 price objective on the stock. Finally, Barclays cut their price objective on Roper Technologies from $562.00 to $550.00 and set an "underweight" rating on the stock in a research report on Wednesday.

Roper Technologies Price Performance

Shares of Roper Technologies stock opened at $497.59 on Friday. Roper Technologies has a twelve month low of $492.25 and a twelve month high of $595.17. The stock has a market capitalization of $53.55 billion, a P/E ratio of 34.97, a PEG ratio of 2.34 and a beta of 1.00. The company has a current ratio of 0.46, a quick ratio of 0.43 and a debt-to-equity ratio of 0.40. The business's fifty day moving average price is $523.96 and its 200 day moving average price is $550.51.

Roper Technologies (NASDAQ:ROP - Get Free Report) last issued its earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share for the quarter, beating analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a return on equity of 10.83% and a net margin of 20.62%.During the same period in the previous year, the company earned $4.48 EPS. The firm's revenue was up 13.2% compared to the same quarter last year. Roper Technologies has set its FY 2025 guidance at 19.900-20.050 EPS. Q3 2025 guidance at 5.080-5.120 EPS. As a group, research analysts anticipate that Roper Technologies will post 19.96 earnings per share for the current year.

Roper Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 3rd will be given a $0.825 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $3.30 annualized dividend and a yield of 0.7%. Roper Technologies's dividend payout ratio (DPR) is 23.19%.

Insider Transactions at Roper Technologies

In other news, Director Richard F. Wallman sold 352 shares of Roper Technologies stock in a transaction dated Tuesday, July 22nd. The stock was sold at an average price of $556.25, for a total transaction of $195,800.00. Following the sale, the director directly owned 20,510 shares of the company's stock, valued at approximately $11,408,687.50. The trade was a 1.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP John K. Stipancich sold 1,500 shares of Roper Technologies stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total value of $846,255.00. Following the sale, the vice president directly owned 38,932 shares in the company, valued at approximately $21,964,266.44. The trade was a 3.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.78% of the stock is currently owned by insiders.

Institutional Trading of Roper Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Roper Technologies by 1.7% in the second quarter. Vanguard Group Inc. now owns 10,896,899 shares of the industrial products company's stock valued at $6,176,798,000 after buying an additional 179,646 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Roper Technologies by 9.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company's stock valued at $3,515,984,000 after buying an additional 500,764 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in Roper Technologies by 0.4% in the first quarter. T. Rowe Price Investment Management Inc. now owns 5,171,740 shares of the industrial products company's stock valued at $3,049,155,000 after buying an additional 20,238 shares during the last quarter. State Street Corp increased its holdings in Roper Technologies by 2.1% in the second quarter. State Street Corp now owns 4,940,058 shares of the industrial products company's stock valued at $2,800,222,000 after buying an additional 101,033 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in Roper Technologies by 1.1% in the second quarter. Geode Capital Management LLC now owns 2,574,503 shares of the industrial products company's stock valued at $1,453,557,000 after buying an additional 27,386 shares during the last quarter. 93.31% of the stock is owned by institutional investors.

About Roper Technologies

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.

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