Roper Technologies, Inc. (NASDAQ:ROP) Plans $0.91 Quarterly Dividend

Roper Technologies, Inc. (NASDAQ:ROP) announced a quarterly dividend on Thursday, August 6th. Investors of record on Friday, October 2nd will be given a dividend of 0.91 per share by the industrial products company on Wednesday, October 21st. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd.

Roper Technologies has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 2 years. Roper Technologies has a dividend payout ratio of 16.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Roper Technologies to earn $24.25 per share next year, which means the company should continue to be able to cover its $3.64 annual dividend with an expected future payout ratio of 15.0%.

Roper Technologies Stock Up 0.6%

Shares of ROP opened at $397.08 on Friday. Roper Technologies has a one year low of $305.96 and a one year high of $546.52. The company has a market cap of $39.27 billion, a P/E ratio of 16.45, a P/E/G ratio of 1.78 and a beta of 0.74. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.55 and a quick ratio of 0.51. The firm has a 50 day simple moving average of $352.58 and a two-hundred day simple moving average of $351.62.

Roper Technologies (NASDAQ:ROP) last issued its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share for the quarter, beating 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 for the quarter. During the same period in the prior year, the business posted $4.87 EPS. The company’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. Research analysts forecast that Roper Technologies will post 22.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ROP has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their target price on Roper Technologies from $397.00 to $415.00 and gave the company an “underweight” rating in a research report on Wednesday, July 29th. Piper Sandler reduced their price target on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. Raymond James Financial lowered shares of Roper Technologies from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, July 22nd. Barclays dropped 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 note on Friday, April 24th. Finally, Argus raised shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price on the stock in a research note on Thursday. Seven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $466.94.

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.