Roper Technologies (NASDAQ:ROP) Earns “Sector Perform” Rating from Royal Bank Of Canada

Roper Technologies (NASDAQ:ROP)‘s stock had its “sector perform” rating restated by analysts at Royal Bank Of Canada in a research report issued to clients and investors on Tuesday,Benzinga reports. They presently have a $417.00 price objective on the industrial products company’s stock. Royal Bank Of Canada’s target price would indicate a potential upside of 7.00% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. BMO Capital Markets began coverage on Roper Technologies in a research note on Friday, July 10th. They issued a “market perform” rating and a $393.00 target price on the stock. JPMorgan Chase & Co. upped their price target on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 29th. Mizuho set a $355.00 price objective on shares of Roper Technologies in a report on Tuesday, July 21st. Weiss Ratings upgraded shares of Roper Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday. Finally, Piper Sandler reduced their target price on shares of Roper Technologies from $540.00 to $526.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. Seven research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Roper Technologies has a consensus rating of “Hold” and a consensus target price of $466.94.

Roper Technologies Stock Down 2.4%

NASDAQ:ROP opened at $389.71 on Tuesday. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. The stock has a 50 day moving average of $361.61 and a 200-day moving average of $351.40. The firm has a market capitalization of $38.54 billion, a PE ratio of 16.14, a price-to-earnings-growth ratio of 1.80 and a beta of 0.73. Roper Technologies has a 52 week low of $305.96 and a 52 week high of $544.94.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings results 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 period last year, the business posted $4.87 EPS. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. 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. Analysts predict that Roper Technologies will post 22.22 EPS for the current year.

Insider Transactions at Roper Technologies

In related news, Director Richard F. Wallman sold 6,434 shares of the stock in a transaction dated Friday, July 24th. The shares were 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 in the company, valued at $2,679,703. This represents a 46.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $379.05, for a total transaction of $758,100.00. Following the transaction, the executive vice president directly owned 35,634 shares in the company, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their position. The SEC filing for this sale provides additional information. 0.80% of the stock is owned by insiders.

Institutional Trading of Roper Technologies

A number of institutional investors have recently made changes to their positions in the stock. Triumph Capital Management bought a new position in shares of Roper Technologies in the third quarter valued at approximately $25,000. Private Wealth Management Group LLC raised its holdings 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 in the last quarter. Tucker Asset Management LLC acquired a new stake in Roper Technologies in the fourth quarter worth approximately $33,000. Edmond DE Rothschild Holding S.A. bought a new position in Roper Technologies during the 2nd quarter valued at $27,000. Finally, Kelleher Financial Advisors acquired a new position in shares of Roper Technologies during the 3rd quarter valued at $40,000. 93.31% of the stock is 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.