Roper Technologies (NASDAQ:ROP) Raised to Strong-Buy at Zacks Research
by Amy Steele · The Cerbat GemRoper Technologies (NASDAQ:ROP – Get Free Report) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.
Several other analysts have also recently weighed in on the company. Weiss Ratings cut Roper Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, March 11th. Piper Sandler raised their price target on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. TD Cowen restated a “buy” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. Oppenheimer restated a “market perform” rating on shares of Roper Technologies in a research report on Wednesday, January 28th. Finally, Royal Bank Of Canada raised their price target on Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $472.07.
Check Out Our Latest Stock Report on ROP
Roper Technologies Stock Performance
Shares of NASDAQ ROP opened at $354.81 on Wednesday. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $36.32 billion, a P/E ratio of 22.16, a P/E/G ratio of 1.62 and a beta of 0.89. Roper Technologies has a 12 month low of $313.07 and a 12 month high of $584.03. The stock has a 50 day moving average of $353.83 and a 200-day moving average of $402.90.
Roper Technologies (NASDAQ:ROP – Get Free Report) last posted its earnings results on Thursday, April 23rd. The industrial products company reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.97 by $0.19. The business had revenue of $2.10 billion for the quarter. Roper Technologies had a return on equity of 11.16% and a net margin of 21.12%.The firm’s revenue was up 11.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.78 earnings per share. 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. As a group, equities research analysts predict that Roper Technologies will post 21.94 EPS for the current year.
Insider Activity at Roper Technologies
In other Roper Technologies news, Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the stock in a transaction dated Friday, February 6th. The stock was bought at an average price of $358.46 per share, with a total value of $501,844.00. Following the acquisition, the director owned 1,400 shares of the company’s stock, valued at approximately $501,844. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.80% of the company’s stock.
Hedge Funds Weigh In On Roper Technologies
A number of institutional investors have recently modified their holdings of ROP. Johnson Investment Counsel Inc. increased its holdings in Roper Technologies by 2.8% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 162,291 shares of the industrial products company’s stock worth $80,933,000 after purchasing an additional 4,479 shares in the last quarter. Stephens Inc. AR increased its holdings in Roper Technologies by 36.5% in the 3rd quarter. Stephens Inc. AR now owns 14,117 shares of the industrial products company’s stock worth $7,040,000 after purchasing an additional 3,773 shares in the last quarter. ING Groep NV increased its holdings in Roper Technologies by 175.7% in the 3rd quarter. ING Groep NV now owns 118,749 shares of the industrial products company’s stock worth $59,219,000 after purchasing an additional 75,675 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Roper Technologies by 2.2% in the 3rd quarter. Principal Financial Group Inc. now owns 2,553,409 shares of the industrial products company’s stock worth $1,273,387,000 after purchasing an additional 54,221 shares in the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new position in Roper Technologies in the 3rd quarter worth about $10,053,000. Institutional investors and hedge funds 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.