Roper Technologies (NASDAQ:ROP – Get Free Report) was upgraded by Argus from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday, Marketbeat.com reports. The firm presently has a $450.00 price objective on the industrial products company’s stock. Argus’ price objective would indicate a potential upside of 11.87% from the stock’s current price.
A number of other equities analysts have also commented on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Roper Technologies in a research report on Monday, June 8th. Mizuho set a $355.00 target price on shares of Roper Technologies in a research note on Tuesday, July 21st. Barclays cut their price target on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a report on Friday, April 24th. Robert W. Baird set a $480.00 price target on shares of Roper Technologies in a research report on Friday, July 24th. Finally, Royal Bank Of Canada upped their price target on shares of Roper Technologies from $407.00 to $417.00 and gave the stock a “sector perform” rating in a report on Friday, July 24th. Seven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Roper Technologies presently has a consensus rating of “Hold” and an average price target of $466.94.
Get Our Latest Stock Report on ROP
Roper Technologies Stock Performance
Roper Technologies (NASDAQ:ROP – Get Free Report) last issued its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, topping the consensus estimate of $5.29 by $0.09. The business had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.87 EPS. 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 predict that Roper Technologies will post 22.22 EPS for the current year.
Insider Buying and Selling
In other news, EVP John K. Stipancich sold 2,000 shares of the stock in a transaction on Monday, July 27th. The shares were sold at an average price of $379.05, for a total value of $758,100.00. Following the transaction, the executive vice president owned 35,634 shares of the company’s stock, valued at $13,507,067.70. This represents a 5.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Richard F. Wallman sold 6,434 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the sale, the director owned 7,423 shares in the company, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their position. The SEC filing for this sale provides additional information. 0.80% of the stock is owned by insiders.
Hedge Funds Weigh In On Roper Technologies
A number of hedge funds and other institutional investors have recently modified their holdings of ROP. Brown Brothers Harriman & Co. raised its stake in Roper Technologies by 1.0% in 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 buying an additional 23 shares during the last quarter. SeaCrest Wealth Management LLC grew its stake in shares of Roper Technologies by 6.2% during the third quarter. SeaCrest Wealth Management LLC now owns 429 shares of the industrial products company’s stock worth $223,000 after acquiring an additional 25 shares during the last quarter. Gulf International Bank UK Ltd increased its holdings in shares of Roper Technologies by 0.5% during the fourth quarter. Gulf International Bank UK Ltd now owns 5,377 shares of the industrial products company’s stock valued at $2,393,000 after acquiring an additional 29 shares in the last quarter. Paragon Capital Management Inc. increased its holdings in shares of Roper Technologies by 0.9% during the first quarter. Paragon Capital Management Inc. now owns 3,200 shares of the industrial products company’s stock valued at $1,132,000 after acquiring an additional 29 shares in the last quarter. Finally, MGO One Seven LLC raised its position in shares of Roper Technologies by 0.9% in the 4th quarter. MGO One Seven LLC now owns 3,392 shares of the industrial products company’s stock valued at $1,510,000 after purchasing an additional 31 shares during the last quarter. 93.31% of the stock is currently owned by hedge funds and other institutional investors.
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.
Further Reading
- Five stocks we like better than Roper Technologies
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Receive News & Ratings for Roper Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roper Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
