Roper Technologies (NASDAQ:ROP – Get Free Report) had its price objective lowered by investment analysts at JPMorgan Chase & Co. from $540.00 to $457.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has an “underweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 10.99% from the company’s previous close.
A number of other analysts have also recently issued reports on ROP. Robert W. Baird set a $592.00 price objective on Roper Technologies in a research report on Friday, October 24th. Royal Bank Of Canada lowered shares of Roper Technologies from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from $644.00 to $539.00 in a research report on Monday, October 27th. Truist Financial set a $650.00 price target on shares of Roper Technologies in a research report on Friday, October 24th. Barclays cut their price target on shares of Roper Technologies from $506.00 to $475.00 and set an “underweight” rating for the company in a research note on Thursday, December 4th. Finally, TD Cowen lowered their price objective on Roper Technologies from $650.00 to $625.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $551.07.
Check Out Our Latest Stock Report on Roper Technologies
Roper Technologies Stock Performance
Roper Technologies (NASDAQ:ROP – Get Free Report) last released its earnings results on Thursday, October 23rd. The industrial products company reported $5.14 earnings per share for the quarter, beating the consensus estimate of $5.11 by $0.03. Roper Technologies had a net margin of 20.34% and a return on equity of 10.92%. The business had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $2.02 billion. During the same quarter last year, the company earned $4.62 earnings per share. The firm’s revenue was up 14.3% on a year-over-year basis. Roper Technologies has set its Q4 2025 guidance at 5.110-5.160 EPS and its FY 2025 guidance at 19.900-19.950 EPS. Equities analysts forecast that Roper Technologies will post 19.96 earnings per share for the current fiscal year.
Insider Activity at Roper Technologies
In other Roper Technologies news, Director Amy Woods Brinkley bought 1,200 shares of Roper Technologies stock in a transaction dated Wednesday, November 12th. The shares were acquired at an average cost of $450.71 per share, with a total value of $540,852.00. Following the acquisition, the director directly owned 18,184 shares of the company’s stock, valued at $8,195,710.64. The trade was a 7.07% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Laurence Neil Hunn purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The shares were acquired at an average price of $452.23 per share, for a total transaction of $4,522,300.00. Following the completion of the transaction, the chief executive officer owned 97,311 shares in the company, valued at $44,006,953.53. The trade was a 11.45% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.78% of the company’s stock.
Institutional Trading of Roper Technologies
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Field & Main Bank acquired a new position in Roper Technologies during the 3rd quarter worth about $25,000. Triumph Capital Management bought a new position in shares of Roper Technologies in the third quarter worth about $25,000. Asset Dedication LLC lifted its position in shares of Roper Technologies by 800.0% during the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 40 shares in the last quarter. Vermillion & White Wealth Management Group LLC lifted its position in shares of Roper Technologies by 89.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 25 shares in the last quarter. Finally, Board of the Pension Protection Fund bought a new stake in shares of Roper Technologies during the fourth quarter valued at approximately $36,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.
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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