Roper Technologies (NASDAQ:ROP) Price Target Raised to $415.00 at JPMorgan Chase & Co.

Roper Technologies (NASDAQ:ROP) had its price target lifted by equities researchers at JPMorgan Chase & Co. from $397.00 to $415.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “underweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 2.43% from the company’s previous close.

A number of other equities analysts also recently issued reports on the company. BMO Capital Markets initiated coverage on Roper Technologies in a research note on Friday, July 10th. They set a “market perform” rating and a $393.00 price target for the company. Mizuho set a $355.00 target price on Roper Technologies in a report on Tuesday, July 21st. Raymond James Financial cut Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday, July 22nd. Zacks Research downgraded Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Finally, Piper Sandler lowered their price target on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Six research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Roper Technologies currently has an average rating of “Hold” and a consensus price target of $468.00.

Roper Technologies Stock Up 3.6%

ROP stock traded up $14.23 during midday trading on Wednesday, reaching $405.15. 696,906 shares of the company’s stock traded hands, compared to its average volume of 1,366,529. Roper Technologies has a 52 week low of $305.96 and a 52 week high of $564.68. The company has a market cap of $40.89 billion, a price-to-earnings ratio of 16.80, a P/E/G ratio of 1.69 and a beta of 0.76. The firm’s fifty day moving average price is $342.41 and its 200-day moving average price is $353.14. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 0.57.

Roper Technologies (NASDAQ:ROP) last issued its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.29 by $0.09. The firm had revenue of $2.11 billion during the quarter. Roper Technologies had a net margin of 30.24% and a return on equity of 11.36%. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.87 earnings per share. 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. As a group, sell-side analysts forecast that Roper Technologies will post 22.22 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the transaction, the director owned 7,423 shares of the company’s stock, valued at $2,679,703. This represents a 46.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John K. Stipancich sold 2,000 shares of the business’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $379.05, for a total value of $758,100.00. Following the completion of the sale, the executive vice president owned 35,634 shares in the company, valued at $13,507,067.70. This represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Roper Technologies

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of Roper Technologies by 12.5% during the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock valued at $5,553,932,000 after buying an additional 1,384,656 shares during the period. State Street Corp lifted its stake in Roper Technologies by 2.1% in the 4th quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock worth $2,266,604,000 after purchasing an additional 105,250 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Roper Technologies by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock valued at $1,172,099,000 after purchasing an additional 22,335 shares during the period. Norges Bank purchased a new stake in shares of Roper Technologies in the fourth quarter worth $1,112,873,000. Finally, Invesco Ltd. grew its position in Roper Technologies by 11.0% during the fourth quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock worth $828,821,000 after buying an additional 184,644 shares in the last quarter. Hedge funds and other institutional investors own 93.31% of the company’s stock.

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.