Roper Technologies Keeps Quarterly Dividend at $0.91 a Share, Payable July 22 to Shareholders of Record on July 8
Roper Technologies Keeps Quarterly Dividend at $0.91 a Share, Payable July 22 to Shareholders of Record on July 8
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Roper Technologies Keeps Quarterly Dividend at $0.91 a Share, Payable July 22 to Shareholders of Record on July 8
Roper Technologies (ROP) delivered a modest Q1 earnings beat driven mainly by improved Application Software margins, alongside a guidance raise that reflects management's confidence in its software portfolio and its accelerating AI commercialization, RBC Capital said in a Thursday note.Management is increasingly focusing on AI-driven product commercialization across its vertical software portfolio, though many initiatives remain early stage, and noted strong underlying execution with organic growth above expectations, according to the report.Roper repurchased about 4% of its float, or roughly $1.5 billion, in the quarter and later added $3 billion to its buyback program, which RBC said signals confidence in cash generation and valuation, with about $5 billion in total capital available for M&A and further repurchases.RBC said Roper's diversified software portfolio remains resilient, with Application Software and Network Software growing in the mid-single digits and Technology Enabled Products outperforming expectations, reinforcing its view of the company as a strong capital allocator with flexibility for buybacks and disciplined acquisitions.RBC maintained its sector perform rating on the stock and raised its price target to $407 from $393.Shares of Roper Technologies were down 3.1% in Friday trading.Price: $354.00, Change: $-9.76, Percent Change: -2.68%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We trim our target price to $395 (from $408), based on a forward P/E of 18x our 2026 EPS view, which is below ROP's three-year average P/E. We raise our 2026 EPS projection to $21.95 from $21.49 and lift our 2027 EPS view to $23.40 from $22.92. ROP reported strong Q1 results, beating consensus on the top and bottom line. Revenue of $2.1B rose 11% (6% organic), led by sales growth acceleration in Application Software (+11.6% Y/Y), and strength in Network Software (+14% Y/Y). Adjusted EBITDA of $797M represented a margin of 38.1% (-120 bps Y/Y). Looking ahead, we note persistent headwinds in some areas (Deltek, freight market) and slower M&A pipeline activity, though we like the $1.5B share repurchase executed during the quarter, and see potential for higher EPS growth as large buybacks continue. Management raised full-year 2026 adjusted EPS guidance to $21.80-$22.05 (midpoint up 9% Y/Y), a $0.50 increase reflecting Q1 outperformance and share repurchase momentum.
Roper Technologies (ROP) has an average rating of overweight and mean price target of $457.29, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $368.30, Change: $+3.57, Percent Change: +0.98%
Technology stocks were mixed premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.7% and the State Street SPDR S&P Semiconductor ETF (XSD) advancing by 0.3%.Nokia (NOK) stock was up more than 9% after the company reported higher Q1 comparable earnings and net sales.STMicroelectronics (STM) shares were up more than 7% after the company posted higher Q1 non-GAAP earnings and revenue, and issued Q2 revenue outlook above analysts' expectations.Roper Technologies (ROP) stock was up more than 3% after the company reported higher Q1 adjusted earnings and revenue, and raised its 2026 adjusted EPS outlook.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:ROP beat Q1 expectations with adjusted EPS of $5.16 (+8% Y/Y), beating consensus by $0.17, and revenue of $2.10B (+11%, +6% organic), surpassing estimates by $40M. All segments delivered solid growth, led by Application Software (+12% to $1.19B), Network Software (+14% to $428M), and Technology Enabled Products (+9% to $476M). Management highlighted continued strength in mission-critical software demand and early AI product traction across vertical platforms. Cash generation remained robust, with operating cash flow up 12% to $592M and free cash flow growing 11% to $562M. Full-year 2026 adjusted EPS guidance was raised to $21.80-$22.05 from $21.30-$21.55, above consensus of $21.50, reflecting Q1 outperformance and share repurchases. We believe ROP's AI initiatives position the company well, with vertical market leaders best positioned for AI monetization. With over $5B in deployable capital, we expect continued strategic acquisitions and opportunistic buybacks.
Roper Technologies (ROP) has an average rating of overweight and mean price target of $457.29, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $363.06, Change: $+1.18, Percent Change: +0.33%