Roper Technologies (NASDAQ:ROP) Hits New 52-Week Low Following Analyst Downgrade

Roper Technologies, Inc. (NASDAQ:ROP)’s stock price reached a new 52-week low during mid-day trading on Tuesday after Piper Sandler lowered their price target on the stock from $600.00 to $530.00. Piper Sandler currently has an overweight rating on the stock. Roper Technologies traded as low as $425.68 and last traded at $425.6150, with a volume of 108224 shares. The stock had previously closed at $432.39.

A number of other equities research analysts have also recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Roper Technologies in a report on Friday, October 31st. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $541.00 target price (down from $577.00) on shares of Roper Technologies in a research note on Wednesday, October 15th. TD Cowen lowered their price target on shares of Roper Technologies from $650.00 to $625.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Jefferies Financial Group dropped their price objective on Roper Technologies from $650.00 to $600.00 and set a “buy” rating for the company in a research note on Monday, January 5th. Finally, Oppenheimer restated an “outperform” rating and set a $570.00 price target on shares of Roper Technologies in a research report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $557.07.

Insider Buying and Selling

In other news, Director Amy Woods Brinkley acquired 1,200 shares of Roper Technologies stock in a transaction that occurred on Wednesday, November 12th. The shares were acquired at an average price of $450.71 per share, with a total value of $540,852.00. Following the purchase, the director directly owned 18,184 shares of the company’s stock, valued at $8,195,710.64. The trade was a 7.07% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Laurence Neil Hunn bought 10,000 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was purchased at an average price of $452.23 per share, for a total transaction of $4,522,300.00. Following the completion of the acquisition, the chief executive officer owned 97,311 shares of the company’s stock, valued at approximately $44,006,953.53. This trade represents a 11.45% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.87% of the company’s stock.

Institutional Investors Weigh In On Roper Technologies

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Roper Technologies by 1.8% in the third quarter. Vanguard Group Inc. now owns 11,092,444 shares of the industrial products company’s stock worth $5,531,691,000 after purchasing an additional 195,545 shares in the last quarter. State Street Corp increased its position in shares of Roper Technologies by 0.9% in the third quarter. State Street Corp now owns 4,986,755 shares of the industrial products company’s stock valued at $2,486,845,000 after acquiring an additional 46,697 shares during the last quarter. Geode Capital Management LLC boosted its position in Roper Technologies by 1.1% during 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 purchasing an additional 27,386 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Roper Technologies by 2.2% during the 3rd quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company’s stock worth $1,273,387,000 after purchasing an additional 54,221 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Roper Technologies in the 2nd quarter valued at approximately $1,064,718,000. Institutional investors own 93.31% of the company’s stock.

Roper Technologies Price Performance

The stock has a market capitalization of $45.59 billion, a P/E ratio of 29.13, a price-to-earnings-growth ratio of 2.03 and a beta of 0.94. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.58 and a quick ratio of 0.53. The company’s 50-day simple moving average is $444.82 and its 200-day simple moving average is $495.71.

Roper Technologies (NASDAQ:ROP) last issued its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.11 by $0.03. The company had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $2.02 billion. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. Roper Technologies’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.62 EPS. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS and its FY 2025 guidance at 19.900-19.950 EPS. As a group, sell-side analysts expect that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be paid a $0.91 dividend. This is a boost from Roper Technologies’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, January 2nd. This represents a $3.64 annualized dividend and a yield of 0.9%. Roper Technologies’s dividend payout ratio is presently 25.09%.

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.