Roper Technologies (NASDAQ:ROP – Get Free Report)‘s stock had its “sector perform” rating restated by equities researchers at Royal Bank Of Canada in a research report issued on Tuesday,Benzinga reports. They presently have a $417.00 target price on the industrial products company’s stock. Royal Bank Of Canada’s target price indicates a potential upside of 7.00% from the stock’s current price.
ROP has been the subject of a number of other research reports. Barclays dropped their target price on shares of Roper Technologies from $380.00 to $373.00 and set an “underweight” rating for the company in a research report on Friday, April 24th. Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Argus upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 target price for the company in a research note on Thursday, August 6th. Mizuho set a $355.00 price target on shares of Roper Technologies in a research note on Tuesday, July 21st. Finally, Robert W. Baird set a $480.00 price objective on shares of Roper Technologies in a report on Friday, July 24th. Seven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $466.94.
Check Out Our Latest Stock Report on ROP
Roper Technologies Stock Performance
Roper Technologies (NASDAQ:ROP – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.29 by $0.09. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.The business had revenue of $2.11 billion for the quarter. During the same quarter last year, the business earned $4.87 EPS. Roper Technologies’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. On average, equities analysts expect that Roper Technologies will post 22.22 EPS for the current year.
Insiders Place Their Bets
In other news, EVP John K. Stipancich sold 2,000 shares of the company’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 sale, the executive vice president owned 35,634 shares in the company, valued at approximately $13,507,067.70. This represents a 5.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard F. Wallman sold 6,434 shares of Roper Technologies stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $361.00, for a total value of $2,322,674.00. Following the completion of the transaction, the director owned 7,423 shares of the company’s stock, valued at $2,679,703. This trade represents a 46.43% 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 insiders.
Institutional Trading of Roper Technologies
Institutional investors and hedge funds have recently bought and sold shares of the company. Triumph Capital Management bought a new stake in shares of Roper Technologies in the 3rd quarter valued at approximately $25,000. Private Wealth Management Group LLC lifted its stake in Roper Technologies by 195.8% during the first quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 47 shares during the last quarter. Tucker Asset Management LLC acquired a new position in Roper Technologies in the fourth quarter worth $33,000. Edmond DE Rothschild Holding S.A. bought a new stake in Roper Technologies during the second quarter valued at $27,000. Finally, Kelleher Financial Advisors acquired a new stake in shares of Roper Technologies during the third quarter worth $40,000. Institutional investors and hedge funds own 93.31% of the company’s stock.
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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