Roper Technologies (NASDAQ:ROP) Rating Increased to Hold at BMO Capital Markets

BMO Capital Markets upgraded shares of Roper Technologies (NASDAQ:ROP) to a hold rating in a report issued on Friday morning,Zacks.com reports.

ROP has been the subject of a number of other research reports. Zacks Research downgraded shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Royal Bank Of Canada raised their target price on Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Robert W. Baird lifted their target price on Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Piper Sandler boosted their price target on Roper Technologies from $530.00 to $540.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Finally, Barclays decreased their price objective on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $467.12.

Roper Technologies Price Performance

Shares of NASDAQ:ROP opened at $355.90 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $35.92 billion, a PE ratio of 22.23, a price-to-earnings-growth ratio of 1.62 and a beta of 0.76. The firm’s 50 day moving average price is $336.48 and its 200-day moving average price is $360.89. Roper Technologies has a twelve month low of $305.96 and a twelve month high of $566.24.

Roper Technologies (NASDAQ:ROP) last announced its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.97 by $0.19. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The company had revenue of $2.10 billion during the quarter. During the same quarter last year, the firm posted $4.78 earnings per share. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. 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 expect that Roper Technologies will post 21.95 EPS for the current year.

Roper Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, July 8th. Roper Technologies’s payout ratio is 22.74%.

Hedge Funds Weigh In On Roper Technologies

Several institutional investors have recently bought and sold shares of ROP. Hutchens & Kramer Investment Management Group LLC lifted its stake 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 worth $446,000 after purchasing an additional 23 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in shares of Roper Technologies by 1.0% during the third quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock valued at $1,115,000 after purchasing an additional 23 shares in the last quarter. Harbor Investment Advisory LLC increased its holdings in shares of Roper Technologies by 5.7% in the fourth 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. SeaCrest Wealth Management LLC lifted its position in shares of Roper Technologies by 6.2% in the third quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock worth $223,000 after buying an additional 25 shares in the last quarter. Finally, Gulf International Bank UK Ltd lifted its position in shares of Roper Technologies by 0.5% in the fourth quarter. Gulf International Bank UK Ltd now owns 5,377 shares of the industrial products company’s stock worth $2,393,000 after buying an additional 29 shares in the last quarter. 93.31% of the stock is owned by hedge funds and other institutional investors.

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.