Roper Technologies (NASDAQ:ROP) Director Thomas Patrick Joyce, Jr. Acquires 1,400 Shares of Stock

Roper Technologies, Inc. (NASDAQ:ROPGet Free Report) Director Thomas Patrick Joyce, Jr. purchased 1,400 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were purchased at an average cost of $358.46 per share, for a total transaction of $501,844.00. Following the transaction, the director directly owned 1,400 shares in the company, valued at approximately $501,844. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Roper Technologies Stock Up 3.3%

NASDAQ:ROP opened at $362.42 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.52 and a quick ratio of 0.48. The firm has a market cap of $39.01 billion, a PE ratio of 25.52, a price-to-earnings-growth ratio of 1.68 and a beta of 0.92. The company has a 50-day moving average of $423.12 and a 200 day moving average of $474.29. Roper Technologies, Inc. has a 1-year low of $343.92 and a 1-year high of $595.17.

Roper Technologies (NASDAQ:ROPGet Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $5.21 EPS for the quarter, beating the consensus estimate of $5.14 by $0.07. Roper Technologies had a net margin of 19.44% and a return on equity of 10.99%. The business had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same quarter in the previous year, the business posted $4.81 EPS. The company’s quarterly revenue was up 9.7% compared to the same quarter last year. Roper Technologies has set its FY 2026 guidance at 21.300-21.550 EPS and its Q1 2026 guidance at 4.950-5.000 EPS. As a group, research analysts anticipate that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Hedge Funds Weigh In On Roper Technologies

Hedge funds have recently made changes to their positions in the company. Asset Dedication LLC increased its holdings in shares of Roper Technologies by 800.0% in the second quarter. Asset Dedication LLC now owns 45 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 40 shares during the period. Field & Main Bank purchased a new stake in Roper Technologies in the third quarter valued at approximately $25,000. Triumph Capital Management purchased a new position in Roper Technologies during the 3rd quarter worth approximately $25,000. Vermillion & White Wealth Management Group LLC lifted its stake in Roper Technologies by 89.3% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 53 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 25 shares during the period. Finally, CoreFirst Bank & Trust acquired a new stake in shares of Roper Technologies in the second quarter worth $39,000. 93.31% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ROP. Royal Bank Of Canada decreased their price objective on Roper Technologies from $539.00 to $398.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 28th. Melius Research downgraded shares of Roper Technologies from a “buy” rating to a “hold” rating and set a $479.00 target price for the company. in a report on Tuesday, January 27th. Barclays lowered their price target on shares of Roper Technologies from $475.00 to $409.00 and set an “underweight” rating on the stock in a report on Wednesday, January 28th. The Goldman Sachs Group decreased their target price on shares of Roper Technologies from $507.00 to $440.00 and set a “neutral” rating for the company in a research report on Thursday, January 29th. Finally, Truist Financial reduced their price target on Roper Technologies from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Roper Technologies has an average rating of “Hold” and a consensus target price of $478.53.

View Our Latest Analysis on ROP

Roper Technologies Company Profile

(Get Free Report)

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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