Roper Technologies (NASDAQ:ROP) Downgraded by Zacks Research to Hold

Zacks Research cut shares of Roper Technologies (NASDAQ:ROP) from a strong-buy rating to a hold rating in a research note published on Thursday,Zacks.com reports.

A number of other research analysts have also recently commented on ROP. Piper Sandler increased their target price on shares of Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Barclays decreased their price target on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a report on Friday, April 24th. Weiss Ratings reissued a “sell (d+)” rating on shares of Roper Technologies in a research note on Monday, June 8th. Robert W. Baird raised their target price on shares of Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Finally, Royal Bank Of Canada boosted their target price on shares of Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, Roper Technologies has an average rating of “Hold” and a consensus target price of $472.07.

Roper Technologies Trading Up 1.8%

Shares of ROP opened at $338.31 on Thursday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.49 and a current ratio of 0.53. Roper Technologies has a 52-week low of $305.96 and a 52-week high of $575.77. The firm has a market cap of $34.14 billion, a price-to-earnings ratio of 21.13, a PEG ratio of 1.51 and a beta of 0.77. The business’s fifty day moving average is $337.29 and its 200-day moving average is $367.22.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, topping the consensus estimate of $4.97 by $0.19. The business had revenue of $2.10 billion during the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.Roper Technologies’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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 analysts anticipate that Roper Technologies will post 21.95 EPS for the current fiscal year.

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $3.64 annualized dividend and a dividend yield of 1.1%. Roper Technologies’s dividend payout ratio is currently 22.74%.

Institutional Investors Weigh In On Roper Technologies

Institutional investors have recently added to or reduced their stakes in the business. Hutchens & Kramer Investment Management Group LLC increased its position in Roper Technologies by 2.3% in the 4th quarter. Hutchens & Kramer Investment Management Group LLC now owns 1,003 shares of the industrial products company’s stock valued at $446,000 after acquiring an additional 23 shares during the period. Brown Brothers Harriman & Co. grew its stake in shares of Roper Technologies by 1.0% in the third quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock worth $1,115,000 after purchasing an additional 23 shares during the last quarter. Promus Capital LLC increased its holdings in Roper Technologies by 1.5% in the third quarter. Promus Capital LLC now owns 1,640 shares of the industrial products company’s stock valued at $818,000 after purchasing an additional 25 shares during the period. Harbor Investment Advisory LLC raised its position in Roper Technologies by 5.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 460 shares of the industrial products company’s stock worth $205,000 after purchasing an additional 25 shares during the last quarter. Finally, SeaCrest Wealth Management LLC raised its position in Roper Technologies by 6.2% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock worth $223,000 after purchasing an additional 25 shares during the last quarter. 93.31% of the stock is owned by institutional investors.

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.