Zacks Research upgraded shares of Roper Technologies (NASDAQ:ROP – Free Report) from a hold rating to a strong-buy rating in a report issued on Wednesday morning,Zacks.com reports.
A number of other analysts have also recently weighed in on the company. Mizuho dropped their price target on Roper Technologies from $419.00 to $365.00 and set an “underperform” rating on the stock in a research report on Wednesday, January 28th. Royal Bank Of Canada increased their price target on Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. TD Cowen restated a “buy” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. Barclays lowered their target price on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research report on Friday, April 24th. Finally, The Goldman Sachs Group lowered their target price on Roper Technologies from $507.00 to $440.00 and set a “neutral” rating on the stock in a research report on Thursday, January 29th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $472.07.
Read Our Latest Analysis on Roper Technologies
Roper Technologies Stock Down 0.3%
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.97 by $0.19. The business had revenue of $2.10 billion for the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the company 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 research analysts forecast that Roper Technologies will post 21.94 earnings per share for the current year.
Roper Technologies Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Investors of record on Monday, April 6th were given a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.0%. The ex-dividend date was Monday, April 6th. Roper Technologies’s dividend payout ratio (DPR) is currently 22.74%.
Insider Buying and Selling
In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. bought 1,400 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were purchased at an average cost of $358.46 per share, for a total transaction of $501,844.00. Following the transaction, the director directly owned 1,400 shares in the company, valued at $501,844. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.80% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Roper Technologies
Several hedge funds have recently modified their holdings of ROP. Field & Main Bank acquired a new position in shares of Roper Technologies during the 3rd quarter valued at $25,000. Triumph Capital Management acquired a new position in shares of Roper Technologies during the 3rd quarter valued at $25,000. Private Wealth Management Group LLC increased its position in shares of Roper Technologies by 195.8% during the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 47 shares during the period. Tucker Asset Management LLC acquired a new position in shares of Roper Technologies during the 4th quarter valued at $33,000. Finally, Board of the Pension Protection Fund acquired a new position in shares of Roper Technologies during the 4th quarter valued at $36,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.
Roper Technologies Company Profile
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.
Further Reading
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