Roper Technologies (NASDAQ:ROP – Get Free Report) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Wednesday,Zacks.com reports.
A number of other analysts also recently weighed in on ROP. Melius Research downgraded shares of Roper Technologies from a “buy” rating to a “hold” rating and set a $479.00 price target for the company. in a report on Tuesday, January 27th. Royal Bank Of Canada raised their price objective on shares of Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Weiss Ratings downgraded shares of Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, March 11th. Oppenheimer reaffirmed a “market perform” rating on shares of Roper Technologies in a report on Wednesday, January 28th. Finally, Citigroup reduced their price objective on shares of Roper Technologies from $575.00 to $450.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $472.07.
Check Out Our Latest Stock Report on Roper Technologies
Roper Technologies Price Performance
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, beating analysts’ consensus estimates of $4.97 by $0.19. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The firm had revenue of $2.10 billion during the quarter. During the same period last year, the company earned $4.78 earnings per share. Roper Technologies’s revenue for the quarter was up 11.3% on a year-over-year basis. 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. Analysts expect that Roper Technologies will post 21.94 EPS for the current year.
Insider Transactions at Roper Technologies
In other news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was purchased at an average cost of $358.46 per share, with a total value of $501,844.00. Following the acquisition, the director directly owned 1,400 shares of the company’s stock, valued at approximately $501,844. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.80% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Roper Technologies
Several institutional investors have recently added to or reduced their stakes in ROP. Brown Brothers Harriman & Co. grew its position in shares of Roper Technologies by 1.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,236 shares of the industrial products company’s stock worth $1,115,000 after buying an additional 23 shares during the period. Hutchens & Kramer Investment Management Group LLC grew its position in shares of Roper Technologies by 2.3% during 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 buying an additional 23 shares during the period. Cornerstone Planning Group LLC grew its position in shares of Roper Technologies by 36.8% during the 3rd quarter. Cornerstone Planning Group LLC now owns 93 shares of the industrial products company’s stock worth $46,000 after buying an additional 25 shares during the period. Promus Capital LLC grew its position in shares of Roper Technologies by 1.5% during the 3rd quarter. Promus Capital LLC now owns 1,640 shares of the industrial products company’s stock worth $818,000 after buying an additional 25 shares during the period. Finally, SeaCrest Wealth Management LLC grew its position in shares of 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 buying an additional 25 shares during the period. 93.31% of the stock is owned by 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.
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