Roper Technologies’ (ROP) “Sector Perform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reiterated their sector perform rating on shares of Roper Technologies (NASDAQ:ROP) in a research report sent to investors on Tuesday,Benzinga reports. Royal Bank Of Canada currently has a $417.00 price target on the industrial products company’s stock.

Several other equities research analysts also recently weighed in on ROP. Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. BMO Capital Markets started coverage on shares of Roper Technologies in a report on Friday, July 10th. They set a “market perform” rating and a $393.00 price objective on the stock. Barclays decreased their price objective on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. JPMorgan Chase & Co. boosted their target price on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 29th. Finally, Mizuho set a $355.00 price target on shares of Roper Technologies in a research note on Tuesday, July 21st. Seven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $466.94.

Roper Technologies Stock Performance

Shares of ROP stock opened at $410.45 on Tuesday. Roper Technologies has a 12-month low of $305.96 and a 12-month high of $540.34. The business’s fifty day simple moving average is $365.81 and its 200-day simple moving average is $352.22. 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 company has a market cap of $40.59 billion, a PE ratio of 17.00, a PEG ratio of 1.83 and a beta of 0.74.

Roper Technologies (NASDAQ:ROP) last posted its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, topping analysts’ consensus estimates of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The firm had revenue of $2.11 billion during the quarter. During the same period in the previous year, the business earned $4.87 EPS. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. 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. Analysts expect that Roper Technologies will post 22.22 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently disclosed 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. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, October 2nd. Roper Technologies’s dividend payout ratio (DPR) is presently 15.08%.

Insider Buying and Selling

In other Roper Technologies news, Director Richard F. Wallman sold 6,434 shares of the firm’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 transaction of $2,322,674.00. Following the completion of the transaction, the director directly owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP John K. Stipancich sold 2,000 shares of Roper Technologies stock in a transaction that occurred on Monday, July 27th. The shares were 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. The trade was a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Triumph Capital Management acquired a new stake in Roper Technologies during the 3rd quarter worth about $25,000. Private Wealth Management Group LLC boosted its stake in shares of Roper Technologies by 195.8% in the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after buying an additional 47 shares during the last quarter. Tucker Asset Management LLC purchased a new position in Roper Technologies during the fourth quarter valued at approximately $33,000. Edmond DE Rothschild Holding S.A. acquired a new position in Roper Technologies in the second quarter valued at approximately $27,000. Finally, Kelleher Financial Advisors purchased a new stake in Roper Technologies in the 3rd quarter worth approximately $40,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

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.