Roper Technologies, Inc. (NASDAQ:ROP) Short Interest Update

Roper Technologies, Inc. (NASDAQ:ROP - Get Free Report) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 3,836,941 shares, an increase of 15.1% from the March 31st total of 3,333,284 shares. Based on an average daily volume of 1,096,533 shares, the days-to-cover ratio is currently 3.5 days. Currently, 3.8% of the shares of the stock are sold short.

Roper Technologies Stock Performance

Roper Technologies stock opened at $354.81 on Friday. The firm has a 50 day simple moving average of $353.83 and a 200-day simple moving average of $402.90. Roper Technologies has a 1-year low of $313.07 and a 1-year high of $584.03. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.53 and a quick ratio of 0.49. The stock has a market cap of $36.32 billion, a price-to-earnings ratio of 22.16, a price-to-earnings-growth ratio of 1.62 and a beta of 0.89.

Roper Technologies (NASDAQ:ROP - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, beating the consensus estimate of $4.97 by $0.19. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The firm had revenue of $2.10 billion for the quarter. During the same period in the previous year, the firm posted $4.78 EPS. The firm's quarterly revenue was up 11.3% compared to the same quarter last year. 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. On average, analysts expect that Roper Technologies will post 21.94 EPS for the current year.

Roper Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Monday, April 6th were given a $0.91 dividend. The ex-dividend date was Monday, April 6th. This represents a $3.64 dividend on an annualized basis and a yield of 1.0%. Roper Technologies's payout ratio is currently 22.74%.

Analysts Set New Price Targets

ROP has been the subject of a number of recent research reports. Jefferies Financial Group set a $500.00 price objective on shares of Roper Technologies in a report on Wednesday, January 28th. Barclays dropped their price target on Roper Technologies from $380.00 to $373.00 and set an "underweight" rating for the company in a research report on Friday, April 24th. The Goldman Sachs Group cut their price target on Roper Technologies from $507.00 to $440.00 and set a "neutral" rating for the company in a report on Thursday, January 29th. Truist Financial reduced their price objective on Roper Technologies from $650.00 to $550.00 and set a "buy" rating on the stock in a research report on Tuesday, January 27th. Finally, Melius Research cut Roper Technologies from a "buy" rating to a "hold" rating and set a $479.00 target price for the company. in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $472.07.

Insider Activity

In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. bought 1,400 shares of Roper Technologies stock in a transaction dated Friday, February 6th. The stock was acquired at an average cost of $358.46 per share, for a total transaction of $501,844.00. Following the completion of the transaction, the director directly owned 1,400 shares of the company's stock, valued at approximately $501,844. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Roper Technologies

A number of hedge funds have recently modified their holdings of ROP. Azzad Asset Management Inc. ADV lifted its position in Roper Technologies by 1.7% in the first quarter. Azzad Asset Management Inc. ADV now owns 6,063 shares of the industrial products company's stock valued at $2,145,000 after buying an additional 103 shares during the last quarter. Resona Asset Management Co. Ltd. increased its position in shares of Roper Technologies by 4.0% during the first quarter. Resona Asset Management Co. Ltd. now owns 57,025 shares of the industrial products company's stock valued at $20,158,000 after acquiring an additional 2,195 shares during the last quarter. Frank Rimerman Advisors LLC increased its position in shares of Roper Technologies by 3.4% during the first quarter. Frank Rimerman Advisors LLC now owns 950 shares of the industrial products company's stock valued at $336,000 after acquiring an additional 31 shares during the last quarter. Montag A & Associates Inc. raised its stake in shares of Roper Technologies by 13.3% in the 1st quarter. Montag A & Associates Inc. now owns 5,281 shares of the industrial products company's stock valued at $1,869,000 after acquiring an additional 620 shares during the period. Finally, Eads & Heald Wealth Management lifted its holdings in shares of Roper Technologies by 8.4% in the 1st quarter. Eads & Heald Wealth Management now owns 2,519 shares of the industrial products company's stock worth $891,000 after acquiring an additional 196 shares during the last quarter. 93.31% of the stock is currently owned by hedge funds and other institutional investors.

About Roper Technologies

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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