Roper Technologies (NASDAQ:ROP) Rating Lowered to Hold at Zacks Research

Roper Technologies (NASDAQ:ROP) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

Other equities analysts have also issued research reports about the company. Robert W. Baird increased their target price on Roper Technologies from $464.00 to $470.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Royal Bank Of Canada lifted their price target on Roper Technologies from $393.00 to $407.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Roper Technologies in a research report on Monday, June 8th. Barclays dropped their price objective on Roper Technologies from $380.00 to $373.00 and set an “underweight” rating on the stock in a report on Friday, April 24th. Finally, Piper Sandler raised their target price on Roper Technologies from $530.00 to $540.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $472.07.

Roper Technologies Stock Up 1.8%

Shares of Roper Technologies stock opened at $338.31 on Thursday. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.52. Roper Technologies has a 52-week low of $305.96 and a 52-week high of $575.77. The company has a market capitalization of $34.14 billion, a P/E ratio of 21.13, a P/E/G ratio of 1.51 and a beta of 0.77. The company has a 50 day moving average of $337.29 and a 200 day moving average of $367.22.

Roper Technologies (NASDAQ:ROP) last announced its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $5.16 EPS for the quarter, beating analysts’ consensus estimates of $4.97 by $0.19. Roper Technologies had a net margin of 21.12% and a return on equity of 11.16%. The company had revenue of $2.10 billion for the quarter. During the same period in the prior year, the company posted $4.78 earnings per share. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. 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, research analysts forecast that Roper Technologies will post 21.95 EPS for the current fiscal year.

Hedge Funds Weigh In On Roper Technologies

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of Roper Technologies by 12.5% during the fourth quarter. Vanguard Group Inc. now owns 12,477,100 shares of the industrial products company’s stock worth $5,553,932,000 after purchasing an additional 1,384,656 shares in the last quarter. State Street Corp lifted its holdings in shares of Roper Technologies by 2.1% in the 4th quarter. State Street Corp now owns 5,092,005 shares of the industrial products company’s stock valued at $2,266,604,000 after purchasing an additional 105,250 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Roper Technologies by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 2,641,573 shares of the industrial products company’s stock valued at $1,172,099,000 after purchasing an additional 22,335 shares during the period. Norges Bank purchased a new position in Roper Technologies during the 4th quarter worth approximately $1,112,873,000. Finally, Invesco Ltd. increased its position in Roper Technologies by 11.0% during the fourth quarter. Invesco Ltd. now owns 1,861,975 shares of the industrial products company’s stock worth $828,821,000 after buying an additional 184,644 shares during the period. 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.