Piper Sandler Cuts Roper Technologies (NASDAQ:ROP) Price Target to $530.00

Roper Technologies (NASDAQ:ROP) had its target price cut by Piper Sandler from $600.00 to $530.00 in a research report sent to investors on Tuesday, Marketbeat Ratings reports. They currently have an overweight rating on the industrial products company’s stock.

Several other research firms have also weighed in on ROP. Stifel Nicolaus set a $550.00 price objective on Roper Technologies in a research note on Friday, October 24th. Mizuho restated an “underperform” rating and issued a $419.00 price target (down previously from $510.00) on shares of Roper Technologies in a report on Monday, January 5th. The Goldman Sachs Group decreased their price objective on shares of Roper Technologies from $572.00 to $507.00 and set a “neutral” rating for the company in a research note on Wednesday, December 17th. Robert W. Baird set a $592.00 price objective on shares of Roper Technologies in a research report on Friday, October 24th. Finally, TD Cowen cut their target price on shares of Roper Technologies from $650.00 to $625.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $557.07.

Roper Technologies Stock Performance

NASDAQ:ROP opened at $414.25 on Tuesday. The company has a market cap of $44.59 billion, a P/E ratio of 28.55, a P/E/G ratio of 1.98 and a beta of 0.94. The firm’s 50 day moving average is $443.32 and its two-hundred day moving average is $493.69. Roper Technologies has a fifty-two week low of $412.33 and a fifty-two week high of $595.17. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.46.

Roper Technologies (NASDAQ:ROP) last released its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $5.14 EPS for the quarter, topping analysts’ consensus estimates of $5.11 by $0.03. Roper Technologies had a return on equity of 10.92% and a net margin of 20.34%.The business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the prior year, the firm posted $4.62 EPS. The business’s revenue for the quarter was up 14.3% on a year-over-year basis. 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. Analysts expect that Roper Technologies will post 19.96 EPS for the current 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 issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, January 2nd. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.83. Roper Technologies’s dividend payout ratio (DPR) is 25.09%.

Insider Buying and Selling at Roper Technologies

In other Roper Technologies news, Director Amy Woods Brinkley bought 1,200 shares of the stock in a transaction dated Wednesday, November 12th. The stock was bought at an average cost of $450.71 per share, for a total transaction of $540,852.00. Following the completion of the purchase, the director directly owned 18,184 shares of the company’s stock, valued at approximately $8,195,710.64. The trade was a 7.07% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Laurence Neil Hunn purchased 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was acquired at an average price of $452.23 per share, for a total transaction of $4,522,300.00. Following the purchase, the chief executive officer owned 97,311 shares of the company’s stock, valued at approximately $44,006,953.53. This represents a 11.45% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.78% of the company’s stock.

Institutional Investors Weigh In On Roper Technologies

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of Roper Technologies by 1.8% during 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 buying an additional 195,545 shares in the last quarter. State Street Corp grew its holdings in Roper Technologies by 0.9% during the 3rd quarter. State Street Corp now owns 4,986,755 shares of the industrial products company’s stock worth $2,486,845,000 after acquiring an additional 46,697 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Roper Technologies by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 2,574,503 shares of the industrial products company’s stock worth $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% in the 3rd quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company’s stock valued at $1,273,387,000 after purchasing an additional 54,221 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Roper Technologies during the second quarter worth about $1,064,718,000. Institutional investors and hedge funds 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.