Roper Technologies, Inc. (NYSE:ROP) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Roper Technologies, Inc. has received a consensus rating of "Moderate Buy" from twelve brokerages, with one sell rating, two holds, eight buys, and one strong buy.
• The average price target among analysts for Roper Technologies is approximately $636.36, with various firms providing differing estimates, the highest being $703.00.
• The company recently reported earnings of $4.87 per share for the last quarter, beating estimates and demonstrating a 13.2% revenue increase year-over-year.

Shares of Roper Technologies, Inc. (NYSE:ROP - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the twelve brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $636.3636.

ROP has been the subject of several research analyst reports. Robert W. Baird upped their target price on Roper Technologies from $668.00 to $687.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 22nd. Citigroup initiated coverage on Roper Technologies in a research note on Wednesday, August 20th. They set a "buy" rating and a $626.00 target price for the company. Mizuho set a $600.00 target price on Roper Technologies in a research note on Friday, May 16th. Royal Bank Of Canada upped their target price on Roper Technologies from $695.00 to $703.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. upped their target price on Roper Technologies from $561.00 to $577.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 22nd.

Insider Buying and Selling at Roper Technologies

In related news, VP John K. Stipancich sold 1,500 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $564.17, for a total value of $846,255.00. Following the completion of the transaction, the vice president directly owned 38,932 shares of the company's stock, valued at approximately $21,964,266.44. This represents a 3.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard F. Wallman sold 352 shares of the stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $556.25, for a total value of $195,800.00. Following the completion of the transaction, the director directly owned 20,510 shares of the company's stock, valued at approximately $11,408,687.50. This represents a 1.69% 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 corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ROP. Norges Bank acquired a new position in Roper Technologies in the 2nd quarter valued at $1,064,718,000. Nuveen LLC purchased a new stake in Roper Technologies in the 1st quarter valued at $894,764,000. GAMMA Investing LLC increased its stake in shares of Roper Technologies by 103,901.5% in the 1st quarter. GAMMA Investing LLC now owns 1,114,896 shares of the industrial products company's stock worth $657,320,000 after acquiring an additional 1,113,824 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of Roper Technologies by 92.3% in the 1st quarter. Wellington Management Group LLP now owns 1,401,048 shares of the industrial products company's stock worth $826,030,000 after acquiring an additional 672,306 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Roper Technologies by 9.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,963,540 shares of the industrial products company's stock worth $3,515,984,000 after acquiring an additional 500,764 shares during the last quarter. 93.31% of the stock is owned by institutional investors and hedge funds.

Roper Technologies Trading Down 1.6%

Shares of NYSE:ROP opened at $518.44 on Monday. Roper Technologies has a 12-month low of $499.47 and a 12-month high of $595.17. The company has a market capitalization of $55.79 billion, a PE ratio of 36.15, a PEG ratio of 2.77 and a beta of 1.03. The business has a 50 day moving average of $543.45 and a two-hundred day moving average of $559.62. The company has a current ratio of 0.40, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35.

Roper Technologies (NYSE:ROP - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The industrial products company reported $4.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.83 by $0.04. Roper Technologies had a return on equity of 10.79% and a net margin of 22.01%.During the same period in the prior year, the firm earned $4.48 earnings per share. Roper Technologies's quarterly revenue was up 13.2% on a year-over-year basis. 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, analysts forecast that Roper Technologies will post 19.96 EPS for the current year.

Roper Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, October 3rd. Roper Technologies's dividend payout ratio is presently 23.19%.

Roper Technologies Company Profile

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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